Monday , November 25 2024

Business

Business

Market likely to extend losses this week

An investor watching the market’s movement on a screen. — Photo vietnamfinance.vn HÀ NỘI — After the Vietnamese stock market experienced a turbulent week, analysts believe that the short-term downward risk is likely to remain due to investors’ pessimistic sentiment. The VN-Index opened last week on a negative note, with a fall …

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Transport firms up charges amid mounting fuel prices

  Passengers waiting for buses at a bus station. Most fixed-route transport firms have charged their passengers more to offset higher fuel costs. — Photo vneconomy.vn HÀ NỘI — About 80-90 per cent of fixed-route transport firms have adjusted their fares up by 10-15 per cent to offset mounting fuel …

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Domestic timber key to a sustainable industry

  Two forest growers standing near a tree. Annual plantation rates are about 15 cubic metres per hectare in Việt Nam, paling in comparison with those figures in European countries and the US. — Photo vneconomy.vn HÀ NỘI — Tight timber supply, coupled with transport delays, has been holding back furniture …

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Vietjet’s pre-tax profit up 113 per cent in Q1

  A Vietjet plane lands at Nội Bài International Airport. — Photo courtesy of Vietjet HCM CITY — With the aviation and tourism industries bouncing back strongly, Vietjet Aviation Joint Stock Company (HoSE: VJC) kicked off 2022 with a positive performance, according to its financial statements for the first quarter. The company reported a significant increase of 113 per cent year-on-year in …

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Seafood companies post profit surge as global demand recovers

Seafood companies post profit surge as global demand recovers

Many seafood firms have seen a year-on-year surge in profits in the first quarter this year thanks to surging prices and recovering demand. Vinh Hoan Corporation, the largest listed seafood company, posted after-tax profits of over VND550 billion ($23.9 million) in the first quarter, up 4.2 times year-on-year. Cuu Long …

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