Two major seafood firms have reported a surge in revenue in the first quarter thanks to surging prices and recovering demand. Vinh Hoan Corporation, the largest listed seafood company, posted revenues of VND3.2 trillion ($139.4 million) in the first three months of this year, up 80 percent year-on-year. Pangasius has …
Read More »Second Việt Nam Card Day introduces new tech
Many young people are excited to participate in shopping with contactless payment at the stores. Photo vietnamplus.vn HÀ NỘI — The second Việt Nam Card Day took place at Hà Nội’s Bách Khoa Stadium on Saturday with the theme Tự tin mở lối (Leading the way). The event is jointly held …
Read More »Regulatory sandbox still absent in Việt Nam
The scope of the pilot mechanism is also very narrow, only applicable to a specific type of product or service such as taxi apps and mobile money. — Photo courtesy of Viettel HÀ NỘI — A regulatory sandbox is still absent in Việt Nam, although this concept has been talked about for years. Such …
Read More »4 luxury travel experiences in Vietnam that cost a pile
Many foreign tourists have started returning to Vietnam since the country fully reopened on March 15. Here are four expensive travel experiences in the country for the well-heeled. Night of Love combo package for $27,000 Banyan Tree Lang Co in Phu Loc District in the central province of Thua Thien-Hue …
Read More »Long Chau pharmacy chain prioritizes profitability, not expansion: chairwoman
Pharmacy chain FPT Long Chau prefers to top the profitability charts rather than win the race to expand, its chief has said. It doubled the number of outlets to 400 by the end of last year and has reached 546 now, Nguyen Bach Diep, its chairwoman, said at the annual …
Read More »HCMC needs infrastructure, training to become digital hub
With HCMC seeking to become a digital powerhouse by 2030, experts say more investment is needed in infrastructure and training to improve its ability to adopt technology. City chairman Phan Van Mai said the aim is to become a smart city with modern services and industries by 2025, and a …
Read More »Industrial equipment shipped to Malaysia
A cargo ship leaves Dung Quất Port in Quảng Ngãi Province for Malaysia. The shipment of industrial equipment will be used to install an oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery. — Photo courtesy of Doosan Vina QUẢNG NGÃI — The shipment …
Read More »Banks release capital increase plans in ongoing GMS season
A bank teller counts US dollars in a branch in Hà Nội. Banks are racing to increase charter capital in 2022. — Photo ndh.vn HÀ NỘI — Many banks have announced plans to increase capital strongly in the ongoing season of general meetings of shareholders (GMS) this year. The capital increase plans mainly include …
Read More »Saigon man takes pet cat on trans-Vietnam vacation
A HCMC-based man spent 20 days traveling across Vietnam with his pet cat that he found on the street and brought home. Mai Do Minh, 29, holds his cat while sitting on a cliff in Ha Giang Province, around 300 kilometers from Hanoi. He found the cat lying under a …
Read More »High real estate tax not an effective solution: experts
More tax for real estate is considered a measure to help stabilise the market. — Photo vov.vn HÀ NỘI — While some experts suggest tax measures can help stabilise the property market in the short term, some say the current tax is not enough to prevent speculation and reduce real estate prices, but increasing supply will help. After a …
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