Friday , November 22 2024

Business

Business

Durian exports to top $3B in 2024

Durian exports are forecast to surpass US$3 billion this year, according to the Vietnam Vegetable and Fruit Association (Vinafruit). Vietnam earned more than $1.3 billion from shipping durian abroad in the first six months of 2024, up 40% year-on-year. China has to date licensed over 700 growing area codes and …

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$4 tracking devices flood online market

Tracking devices that connect to iPhones just like Apple’s Airtag are available for less than VND100,000 (US$4), and there are concerns they might be used for nefarious purposes. Tran Tien in Ho Chi Minh City recently bought five tracking devices for VND100,000 each and put them on his key chain, …

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Imports match domestic products in auto market sales

Imported cars increased their share of the auto market by 7.9 percentage points from a year earlier to a full 50% in the first half of 2024. Locally produced or assembled vehicles usually outsell imported ones as they are not only more readily available but also cheaper due to faster …

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Vietnam manufacturing out grows fastest in 13 years

Vietnam’s month-on-month growth rate of manufacturing output in July was second highest on record, behind only March 2011, according to data tracker S&P Global. “A further substantial rise in new orders led manufacturers to ramp up production, with the rate of growth quickening to a near-record high,” the company said …

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PVI posts over 15% increase in profit after tax in H1

The headquarters of PVI Holdings in Cầu Giấy District. — Photo courtesy of PVI HÀ NỘI — PVI Holdings experienced robust growth in both direct insurance and reinsurance premium revenues in the first half of the year. In its consolidated financial results for the first six months, the insurance group …

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