Thursday , October 31 2024

Business

Business

VN-Index bounces back on growth of bank stocks

  An investor at Bảo Việt Securities Co’s trading floor in Hà Nội. The VN-Index inched up 0.2 per cent yesterday. VNA/VnExpress News Photo Trần Việt HÀ NỘI — Shares bounced back slightly on Wednesday after a brief fall in the previous session, driven by growth of banks, while realty …

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Vietnam to lead recovery in Southeast Asia: ADB

Vietnam to lead recovery in Southeast Asia: ADB

The Vietnam economy is expected to rebound to 6.5 percent this year and further expand to 6.7 percent in 2023, the highest in Southeast Asia. The regional average will be 4.9 percent in 2022 and 5.2 percent in the next year, according to a report released Wednesday by the Asian …

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Seven Vietnamese billionaires named on Forbes rich list

  The seven Vietnamese billionaires on the Forbes list. — Photo cafef.vn HÀ NỘI — Seven Vietnamese names are among the 2,668 of dollar billionaires worldwide as per Forbes’ latest update to its annual rich list. The wealthy seven are Chairman of Vingroup Phạm Nhật Vượng, CEO of VietJet Air Nguyễn Thị Phương Thảo, …

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VN-Index inches up on banking stocks

Vietnam’s benchmark VN-Index rose 0.19 percent to 1,522.9 points Wednesday with banking tickers leading blue chip gains. The index started to rise in the last hour of trading and closed 2.87 points higher. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, climbed by …

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ADB: VN set for a strong economic rebound

  A view of Hà Nội’s elevated railway line. VNA/VnExpress News Photo HÀ NỘI — Việt Nam’s economy is expected to make a strong come back this year with a 6.5 per cent growth forecast, said economists from the Asian Development Bank (ADB) during a press conference yesterday in Hà …

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Leading restaurant company in the red for first time

Leading restaurant company in the red for first time

Golden Gate, owner of popular restaurant chains like Kichi Kichi and Gogi House, made its first ever losses last year and attributed it to the impacts of Covid-19. It reported a loss of VND430 billion (US$18.8 million) on revenues of VND3.32 trillion, down 27 percent from 2020. The gross profit …

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New platform brings Việt Nam and Thailand closer

  The launch ceremony of ThaiCham took place on April 5 at the Royal Thai Embassy in Hà Nội. Photo vovworld.vn HÀ NỘI — The Thai Chamber of Commerce and Industry (ThaiCham), previously the Thai Business Association (TBA), was officially inaugurated on Tuesday in Hà Nội. Speaking at the launching ceremony, Thai …

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Animal feed prices continue to rise, farmers in distress

Animal feed prices continue to rise, farmers in distress

Blaming rising costs, animal feed producers have announced a 5 percent hike in prices, a move certain to increase the burden on farmers. CP Vietnam, the country’s biggest animal feed producer, adjusted the prices of its fish feed products up by VND400 per kilogram Monday. Last month it had increased …

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