Wednesday , October 30 2024

Business

Business

Credit institutions expect improved business performance in Q2

  A customer makes a deposit at a Vietcombank’s office. Credit institutions expect the banking industry to gain an average deposit growth of 3.6 per cent in Q2 2022. VNA/VnExpress News Photo HÀ NỘI — Nearly 60 per cent of credit institutions forecast their business performance results to improve in Q2 after estimating those …

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SeABank sets high profit target for 2022

  Clients conduct their banking transactions at a SeABank branch. Photo courtesy of SeABank HÀ NỘI — The Southeast Asia Commercial JS Bank (SeABank) has announced its pre-tax profit target of VNĐ4,867 billion (US$213 million) for 2022. The bank aims to raise its deposits by VNĐ22 trillion, an increase of …

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VN to tighten product origin and packaging rules

  A fruit processing plant. Foreign markets, especially high-end markets, demand exporters to strictly follow rules on product packaging as a way to ensure high-quality and safe-to-consume products.—  Photo congthuong.vn HÀ NỘI — Việt Nam is to tighten inspection of local agricultural products and packaging in a response to recent incidents in …

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Fruits sell like hot cakes in hot weather, prices up

  The consumption of fruits, particularly those that have a cooling effect, has increased with HCM City entering its hot season. Photo: nld.com.vn HCM CITY — With large volumes of sugarcane, orange and lemon juices being consumed in hotter weather, fruit prices have been rising for a month or so in HCM City. Lê Đình Quyết, deputy head …

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Shares decline on late selling

  A facility of PetroVietnam Gas Joint Stock Corporation (PV GAS). GAS lost 0.8 per cent yesterday. — VNA/VnExpress News Photo HÀ NỘI — Vietnamese shares dropped on Thursday as large-cap stocks were hit by strong selling pressure, especially during the ATC session. On the Hồ Chí Minh Stock Exchange, …

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Another sister of former FLC Group CEO arrested

Officers search FLC’s head office in Hà Nội. Photo cand.com.vn  HÀ NỘI — Trịnh Thị Thúy Nga, the sister of former FLC Group CEO Trịnh Văn Quyết, has been arrested by the Police Investigation Agency in a stock market manipulation case. On Tuesday, the agency decided to prosecute and executed the arrest warrant for Nga, citing Article 21 of the …

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VN-Index slides as Asian markets closed in red

VN-Index slides as Asian markets closed in red

Vietnam’s benchmark VN-Index plunged 1.35 percent to 1,502.35 points Thursday, lowest in five sessions, as Asian markets dropped with forecasts of slower growth due to the Russia-Ukraine crisis. The index stayed in the red throughout the day and closed 20.55 points lower after gaining nearly 3 points Wednesday. Most major …

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