Monday , November 25 2024

Business

Business

Drug companies see double digit growth in Q1

Drug companies see double digit growth in Q1

Demand for Covid-19 medicines and other items drove pharmaceutical firms’ profits up in the first quarter. The country’s largest drugmaker, DHG Pharmaceutical JSC, reported a 25 percent jump in profits to VND255 billion (US$11.1 million), its highest since 2005. Traphaco JSC’s profits rose by 55 percent to VND83 billion, and …

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Shares slump on late selling force

  A facility of PetroVietnam Gas JSC (GAS). GAS lost 1.5 per cent Thursday. — Photo pvgas.com.vn HÀ NỘI — Shares dropped on Thursday, pressured by the slump of large-cap stocks that were hit strongly during the last minutes of the session by increased profit-taking. On the Hồ Chí Minh …

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Garment and embroidery factory opens in Lào Cai

  Delegates visit the factory. —  VNA/VnExpress News Photo Quốc Khanh LÀO CAI — The first phase of a garment and embroidery factory opened its doors in the northern mountainous province of Lào Cai on Thursday.  Invested by Babeeni Vietnam Co, the factory has a total planned area of ​​48,600sq.m. Of which, the first phase is built on ​​6,500sq.m …

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Work starts on $230m industrial zone in Long An

  Delegates attend the zone’s ground-breaking ceremony. — VNA/VnExpress News Photo Bùi Giang LONG AN — The construction of Nam Thuận Industrial Zone (IZ), worth over VNĐ5.3 trillion (US$230 million), began in the southern province of Long An on Thursday.  Financed by Đại Lộc Long An JSC, the IZ covers more than 308ha in Đức Hoà District. …

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VN-Index ends losing streak

VN-Index ends losing streak

Vietnam’s benchmark VN-Index ended its losing streak with a 0.66 percent gain to 1,379.23 points Friday with several blue chips surging. The index started off in the green and dipped slightly in the afternoon before climbing up and closed nine points higher, after losing 107 points in the last six …

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