JP Morgan has greatly expanded its operations in Việt Nam since setting up its local office in 1995. — Photo sgbank.vn HCM CITY — JP Morgan Chase on Thursday announced a capital injection of US$123 million into its branch entity in HCM City, bringing the firm’s total capital investment into …
Read More »Lawmakers call for nuclear energy revival, cite zero emissions target
Vietnam needs to study the possibility of restarting its nuclear power projects to achieve the net zero emission target it has committed to reach by 2050, lawmakers say. Many countries have recognized nuclear power as a clean type of energy with low greenhouse gas emissions after the 2021 United Nations …
Read More »VN-Index pares gains on stronger selling force
Workers loading Hòa Phát’s steel products on a truck. The company shares surged 1.6 per cent on Thursday after a long losing streak. — Photo hoaphat.com.vn HÀ NỘI — Indices were little changed on Thursday as rising selling pressure in the afternoon trade weighed on many large-cap stocks. The market benchmark …
Read More »Việt Nam-Asia DX Summit 2022 opens in Hà Nội
The Việt Nam -Asia DX Summit 2022 opened in Hà Nội on Wednesday. — Photo vietnamplus.vn HÀ NỘI — The Việt Nam-Asia Digital Transformation (DX) Summit 2022 opened in Hà Nội yesterday, where experts are examining ways to further utilise the advantages of digitalisation for the economy and society. The …
Read More »VN-Index heads sideways after surge
Vietnam’s benchmark VN-Index rose 0.01 percent to 1,268.57 points Thursday with trading value remaining low. The index mostly stayed in the green throughout the day but started to fall within the last trading hour. It closed 0.14 points higher after gaining 35.05 points on Wednesday. Trading on the Ho Chi …
Read More »Việt Nam, UK strive to lift trade and investment relations
Speakers at the Việt Nam–UK Business Forum, which took place in London on Wednesday. — VNA/VNS Photo LONDON — Việt Nam wants to see more investment from the United Kingdom (UK) in hi-tech agriculture, in cultivation, processing, preservation and distribution of farm produce and foods, said Deputy Minister of Agriculture and …
Read More »Industrial real estate thrives on foreign investment
The industrial real estate market is again seeing growth after Covid-19, thanks to foreign direct investment. Pandora, the world’s largest jewelry company by sales, plans to set up a US$100-million production facility in the Vietnam-Singapore Industrial Park III in the southern Binh Duong Province. Framas, a leading German injection molding …
Read More »Seafood exporters suffer as China gets tough on Covid contamination
China is imposing a seven-day ban on Vietnamese seafood exporters for every container of theirs it finds contaminated with the coronavirus, causing them enormous difficulties and possible losses. A pangasius fish exporter, who asked not be identified, was recently banned for three weeks after three containers were found infected. This …
Read More »Hong Kong Airlines to resume flights to Vietnam after 2 years
Hong Kong Airlines said it would resume flights to South Korea and Vietnam from next month after suspending them for more than two years due to Covid-19. There will be two weekly flights between Hong Kong and Hanoi from June 6. Hong Kong is one of the few places in …
Read More »Bourse slaps restrictions on FLC-related stocks
The Ho Chi Minh Stock Exchange has restricted trading in the stocks of real estate developer FLC and two related companies for delayed submission of earnings reports last year. Stocks of FLC, FLC Faros Construction (ROS) and HAI Agrochem Joint Stock Company (HAI) will be traded only in the afternoon …
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