HCM City’s Department of Science and Technology and Green+ Group signed a five year (2022-2026) cooperation agreement on April 29, promoting the city’s innovation start-up ecosystem. — – VnExpress News Photo Nguyễn Diệp HCM CITY — The HCM City Department of Science and Technology is looking to attract more resources, especially from …
Read More »Changes in charge, fee rates for supervising derivatives activities
Traders watching the stock market’s movements on their computers. — VNA/- VnExpress News Photo HÀ NỘI — The Ministry of Finance has just issued Circular No 25/2022/TT-BTC dated April 28 regulating charge and fee rates, collection, management and uses in the securities sector. The new circular is to replace Circular No 272/2016 and …
Read More »Shares reverse to fall due to correction pressure
A customer buys petrol at a petrol station of Việt Nam National Petroleum Group (PLX) on Hà Nội’s Trần Hưng Đạo Street. PLX lost 3.8 per cent on Friday. VNA/- VnExpress News Photo Trần Việt HÀ NỘI – Shares reversed course to fall on the last trading session of …
Read More »Airport operator ACV eyes quintupling yearly profits
The Airports Corporation of Vietnam (ACV) expects its pre-tax profits to top VND4.69 trillion, some 4.7 times higher than last year. The operator of 22 airports across the country also targets a 2.6-time increase in revenues to VND12.56 trillion. It reported all-time high profits of VND10.15 trillion in the pre-pandemic …
Read More »FLC shares to trade under supervision due to late financial statement
FLC Group’s headquarters in Hà Nội. VNA/- VnExpress News Photo HÀ NỘI — The Hồ Chí Minh Stock Exchange (HoSE) just released a decision to transfer FLC shares of FLC Group (FLC) from a warning to the under supervision list starting from May 12. The exchange said it was due to the company’s late …
Read More »VN-Index hits 2-week low
Vietnam’s benchmark VN-Index plunges 2.31 percent to 1,329.26 points Friday, the lowest in two weeks, as global markets dipped due to investors’ anticipation of more U.S. interest rate rises. The index stayed in the red throughout the day and closed 31 points lower after rising 12 points Friday. The U.S. …
Read More »Agriculture companies, farmers in hot water over rising costs
Many agriculture companies and farmers are facing losses amid surging input and operation costs. HAGL Agrico reported a losing streak in four consecutive quarters with losses of VND113 billion ($4.92 million) in the first quarter this year. It reported profits of VND7 billion in the same period last year. Meanwhile, …
Read More »Việt Nam Medipharm Expo 2022 returns to capital
A press conference ahead of the Vietnam Medipharm Expo 2022 took place in Hà Nội on Friday. — Photo provided by the event’s organisers HÀ NỘI — The 29th Việt Nam International Medical, Hospital and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2022) will return to Hà Nội next week, with the participation of over 150 foreign …
Read More »Vietravel loses $4.7 ml in Q1
Customers at Vietravel’s office. Photo baotintuc.vn HÀ NỘI — In its latest financial statement, Vietnam Travel and Marketing Transports JSC (Vietravel) posted net revenue of VNĐ215 billion (US$9.4 million) in the first quarter of 2022, down 22 per cent year-on-year. But its revenue structure saw a significant change as revenues …
Read More »Vietnam raises value bar in ASEAN rice export race with Thailand
With Thailand hot on its heels, Vietnam is seeking to maintain its top spot as rice exporter to several Southeast Asian countries by transitioning to higher value varieties. With a combined population of nearly 700 million, the region imports many agriculture items from Vietnam, with the Philippines and Indonesia being …
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