Export earnings from some agricultural and fishery products rose by double digits in the first four months as their prices reached record levels. They included items like coffee, shrimp, shark catfish, and black pepper, according to a report by Agrotrade Vietnam. Coffee exports led, with shipments of 752,000 tons fetching …
Read More »Vingroup aims for over US$6 billion revenue in 2022
VinFast’s welcome gate at its factory in the northern port city of Hải Phòng. — Photo courtesy of Vingroup HÀ NỘI — Vietnamese multi-sector corporation Vingroup aims for net revenue of about VNĐ140 trillion (US$6.06 billion) this year, an increase of 11.4 per cent year on year and after-tax profit of about VNĐ6 …
Read More »Lending rates set to be stable despite deposit rate surge
Customers make transactions at Saigon Commercial Bank (SCB). The Government’s interest rate incentive package can help reduce the average lending interest rate by 20-40 basis points in 2022. — VNA/- VnExpress News Photo HÀ NỘI — Though deposit interest rates have increased significantly this year, experts forecast lending rates will remain …
Read More »Manulife Vietnam reimagines workplace for new normal
As businesses in Việt Nam review their work-from-home practices with a view to a return to the office, Sang Lee, CEO, and Đàm Xuân Thuỷ, Chief Human Resources Officer at Manulife Vietnam share their plans for this transition and how it can be done to ensure employees’ well-being, connection and engagement remain as …
Read More »Securities firms diversify capital sources for expansion
Vietnamese VNĐ100,000 banknotes at a bank. VNA/- VnExpress News Photo HÀ NỘI — Capital mobilisation plans are now the centre of attention at the 2022 general meeting of shareholders of securities companies, with diversified fundraising channels. At the Annual General Meeting of Shareholders, Nguyễn Vũ Long, Acting General Director of …
Read More »Ample room for growth in US-Việt Nam trade relations: PM
Prime Minister Phạm Minh Chính (right) and US Secretary of Commerce Gina Raimondo in Washington DC on May 11. — VNA/- VnExpress News Photo Dương Giang WASHINGTON DC — Prime Minister Phạm Minh Chính has met and held talks with US Secretary of Commerce Gina Raimondo on Wednesday (US time) …
Read More »Crop failures push up pepper imports
Farmers picking pepper in Cư Kuin District (Đắk Lắk Province). Photo baodaklak.vn HÀ NỘI — Crop failures have dented pepper production, leading to an increase of nearly 7 per cent in pepper imports in the first four months. Specifically, Việt Nam imported 12,105 tonnes of pepper during the period, of …
Read More »South Korea charter flights to chart course for Vietnam attractions
South Korea’s Chungbuk Province plans to operate return flights from its capital city Cheongju to many international destinations, including several tourist hotspots in Vietnam. The flights from Cheongju, which is around 113 kilometers from Seoul, will land in Da Nang in central Vietnam and Da Lat in the Central Highlands …
Read More »Việt Nam promotes solutions to improve national credit rating
Trương Hùng Long, director of the Department of Debt Management and External Finance under the Ministry of Finance. Improving the national credit rating is implemented with a long-term vision to reduce the cost of capital mobilisation, enhance the country’s reputation, and meet the needs of socio-economic development in the …
Read More »More than 1.1 million customers register for Mobile Money service
Mobile Money increases the access and use of financial services, especially in rural, mountainous, remote, border and islands of Việt Nam. — Photo viettelstore.vn HÀ NỘI — The total number of customers registering for and using the Mobile Money service reached more than 1.1 million by the end of March. Of which, …
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