Business

  EVN workers checks electricity equipment. — VNA/VNS  Photo HÀ NỘI — Vietnam Electricity (EVN) said it is accelerating power generation and grid projects, especially urgent infrastructure, to ensure supplies in the hot season. The State-owned group said in the first four months of 2022, the firm and its subsidiaries had started work on …

  Deputy Finance Minister Nguyễn Đức Chi. — Photo vtv.vn HÀ NỘI — Minister of Finance Hồ Đức Phớc had assigned Deputy Finance Minister Nguyễn Đức Chi to take charge of the State Securities Commission (SSC) from May 19. In a dispatch to the SSC, Minister Phớc stated that Deputy Minister Chi will manage the commission during the consideration …

Tan Hiep Phat, a Vietnamese beverage maker, focuses on developing human resources, creating a sustainable and fast-growing business to reach the billion-dollar revenue goal. At the end of the first quarter, Tan Hiep Phat maintained its production targets, with several business indicators improved over the same period last year. Deputy …

  PTSC, a unit of PVN, is installing underwater cables for an offshore wind turbine of the Tân Thuận Project. — Photo pvn.vn HÀ NỘI — The pandemic has been exposing the unsustainability of current consumption and production models, stressing the need for a green growth strategy and the incorporation …

Finland’s PYN Fund Management Ltd said Vietnamese stocks are now available at bargain prices, and is generally upbeat about the market. The market’s forward price-to-earning (P/E) ratio has declined from 14.1 to 10.9 since April, tracking the 23 percent drop by the benchmark VN-Index. The fund’s founder, Petri Deryng, said …

Vietnam Airlines remained in the red in Q1 despite revenues rising to a two-year high, with net losses of VND2.62 trillion (US$113.1 million). Revenues were up 55 percent year-on-year to VND11.6 trillion, the highest since 2020, when Covid-19 started to cripple the aviation industry. But it reported a ninth consecutive …

The Vietnam Stock Exchange’s board of members has replaced Le Hai Tra with his deputy, Tran Anh Dao as general director of the Ho Chi Minh Stock Exchange (HoSE). The move came Friday, two days after Tra was dismissed from the Party for “serious wrongdoing” amid investigations into stock market …

Tan Hiep Phat, a Vietnamese beverage maker, focuses on developing human resources, creating a sustainable and fast-growing business to reach the billion-dollar revenue goal. At the end of the first quarter, Tan Hiep Phat maintained its production targets, with several business indicators improved over the same period last year. Deputy …

  Rubber prices are forecast to continue to increase on the improved global demand. — Photo tinnhanhchungkhoan.vn  HÀ NỘI — Analysts forecast bright prospects for the natural rubber industry this year, driven by increasing global demand which has helped the industry escape the prolonged excess supply, while firms were divided on their profit outlooks. …

  Passengers on Vietjet‘s flight back to Nha Trang from Seoul pose for a photo. — Photo courtesy of Vietjet NHA TRANG — Vietjet has announced to reopen flights connecting Seoul with Nha Trang, Phú Quốc, Hải Phòng in order to welcome the life back to Việt Nam’s famous paradise beaches. After its first flight back to Nha Trang from …