Business

Taxi operator Mai Linh reported a loss of VND271 billion ($11.68 million) in 2021, its fourth consecutive annual loss, as Covid-19 continued to wreck the industry. Combined with 2019’s losses of VND185 billion, the company has accumulated a loss of over VND1.4 trillion, while liabilities have reached VND4.2 trillion. Revenue …

Nguyen Anh Duc, General Director of Saigon Co.op, shared his views on the future of the retail industry and the supermarket chain’s preparations to embrace digital transformation.     ‘Innovation to create competitiveness for the cooperative ecosystem’ ‘Innovation to create competitiveness for the cooperative ecosystem’

  To promote the management of real estate transfer activities, the Ministry of Finance has sent an official dispatch to the People’s Committees of provinces and centrally-run cities, to co-ordinate and implement solutions to prevent losses. — VNA/VNS Photo Thành Đạt HÀ NỘI — Organisations and individuals buying, selling and transferring …

  Workers are working on the production line at a plastic bag factory of the HAPLAST JSC. VNA/VNS Photo Vũ Sinh HÀ NỘI — Room for growth is ample for Vietnamese plastic exports, as Australian demand has risen steadily in recent years. The Vietnamese Trade Office in Australia (VTOA) reported that Vietnamese …

  Deputy Minister of Finance Nguyễn Đức Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Việt Nam Securities …

  The conference took place on Wednesday — Photo viettimes.vn HÀ NỘI — The Vietnamese economy recovered more slowly than the world economy last year, but the reverse is likely to be true this year. BIDV Chief Economist Cấn Văn Lực made the forecast at the conference “Vietnam financial market 2021 …

Facebook ads in Việt Nam will be subject to a 5 per cent value-added tax beginning from June 1. — Photo vtv.vn HÀ NỘI — Facebook ads in Việt Nam will be subject to a 5 per cent value added tax (VAT) beginning from June 1. This affects advertisers who …

  The Ministry of Industry and Trade (MoIT), the People’s Committee of Vĩnh Phúc Province and Samsung Electronics Co Ltd launched the smart factory development project. — VNA/VNS Photo VĨNH PHÚC — A smart factory development project started on Tuesday in the northern province of Vĩnh Phúc. The project, which is jointly …

Customers at VPBank’s transaction office. The bank shares jumped 5 per cent today, supporting the market’s uptrend. — Photo baochinhphu.vn HÀ NỘI — Indices inched higher on Wednesday, as risk asset demand was strong enough to maintain the market’s bullish trend. The market benchmark VN-Index on the Hồ Chí Minh …

Vietnam’s benchmark VN-Index rose 2.84 percent to 1268.43 points Wednesday, the biggest gain in six sessions. The index closed 35.05 points higher after gaining 14.57 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange increased by nearly 24 percent to VND16.57 trillion ($714 million), the highest of eight …