Business

Viettel announceds the ADC international undersea cable route to land in Quy Nhơn City, Bình Định Province. — Photo courtesy of Viettel HÀ NỘI — The Military Industry-Telecoms Group (Viettel) officially announced the ADC (Asia Direct Cable) international undersea cable route to land in Quy Nhơn City, Bình Định Province …

Property prices rose by 1.5-3.6 percent in March, a survey by the Ministry of Construction found. The survey, based on data from eight cities and provinces, also said construction materials prices were up 1-3.5 percent from the previous quarter. Land prices appreciated the most in the real estate sector, increasing …

  Industry and construction and services sectors grew 6.4 per cent year-on-year and 4.6 per cent year-on-year, respectively, contributing 4.3 percentage points to quarterly GDP growth. — Photo reatimes.vn HÀ NỘI — Việt Nam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented …

  IFC representative (left) presents the “Best Digital Bank” award certificate to VPBank. — Photo courtesy of VPBank HÀ NỘI — Overcoming many bright candidates from the East Asia – Pacific region, VPBank has just been honoured by the International Finance Corporation (IFC) as the “Best Digital Bank” in 2021. This …

Fertilizer imports fell 7.8 percent year-on-year in March to 320,000 tons, but they cost 55.8 percent more at US$127.6 million, according to the Center for Informatics and Statistics. The imports were mainly from China (32.7 percent), Russia (13.8 percent) and Belarus (10.8 percent), it added. They declined after Russia’s trade …

The central province of Thanh Hoa are canceling the license for a long-delayed industrial hub planned by FLC amid an alleged stock market fraud by its top management. The VND2.3-trillion ($100.3 million) FLC Hoang Long industrial hub remains at the land acquisition stage though construction began as long as in …

Private lender TPBank expects its pre-tax profits to top VND8.2 trillion ($358 million) this year, up 36 percent from 2021. It also targets a 20 percent increase in assets to VND350 trillion. The bank plans a rights issue of 527 million shares this year to raise VND5.3 trillion and increase …

  A woman shops via an e-commerce platform. Photo qltt.vn HÀ NỘI — The proposed regulations that require e-commerce platforms to pay tax on behalf of individual sellers are at odds with other regulations on personal income, leading to double taxation and asymmetric effects on e-commerce actors. This was the feedback …

  Passengers walking  pass Vietjet automatic check-in kiosks at Nội Bài International Airport. — VNA/VnExpress News Photo Huy Hùng HÀ NỘI — A modest hike in the price ceiling for air tickets would not have a significant impact on the consumer price index in 2022 and hurt customers, said the director of the Civil Aviation …

  Exports of cassava and cassava products currently account for about 70 per cent of total output with a turnover worth nearly US$1.2 billion. Photo nongnghiep.vn By Tố Như HÀ NỘI Diversifying markets and taking advantage of free trade agreement (FTA) tariff quotas are solutions for the country’s cassava industry to …