Wednesday , October 30 2024

Business

Business

Apple, Xiaomi distributor eyes $1.15 bln sales in 2022

Apple, Xiaomi distributor eyes $1.15 bln sales in 2022

Digiworld, an authorized reseller of Apple and Xiaomi in Vietnam, targets a 25 percent increase in sales this year to VND26.3 trillion (US$1.15 billion). It eyes post-tax profits of VND800 billion, up 22 percent. The firm will seek shareholders’ approval for the targets at the upcoming annual general meeting. Last …

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Gold prices bounce back after drop

Gold prices bounce back after drop

Gold prices bounced back Wednesday morning after closing Tuesday with a decline as global rates fluctuate around the previous historic peak as the Russia-Ukraine crisis continues. The state-owned Saigon Jewelry Company (SJC) sold its gold at VND72.82 million per tael ($3,187.92), up 1.11 percent from Tuesday afternoon. A tael equals …

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Đức Giang Chemical raises profit target by nearly 40% this year

A worker operating equipment inside a Đức Giang Chemical plant in Hưng Yên Province. Photo ducgiangchem.vn HÀ NỘI — In its recently released document for the 2022 Annual General Meeting of Shareholders, Đức Giang Chemical Group JSC (DGC) said that despite the complexity of the COVID-19 pandemic in 2021, the company’s business results …

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Healthcare, energy cooperation among US priorities in Vietnam

Healthcare, energy cooperation among US priorities in Vietnam

Healthcare, digital commerce, energy and climate change are areas prioritized by American businesses for cooperating with Vietnam, participants said Tuesday at the U.S.-Vietnam Business Summit 2022. Addressing the summit held in Hanoi, Marisa Lago, Under Secretary of Commerce for International Trade, highlighted the three focus areas for Vietnam-U.S. business ties, …

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Russia-Ukraine crisis cuts Vietnam’s seafood exports

Russia-Ukraine crisis cuts Vietnam's seafood exports

Vietnamese exporters of seafood to Russia and Ukraine are in trouble, with some reporting double-digit percentage declines as the military confrontation between the two countries continue. Five Vietnamese catfish exporters to Russia have reported a year-on-year drop in export value by 29.8 percent to $2.18 million in January, according to …

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Vĩnh Long to get 5 industrial zones by 2025

  By 2030 Vĩnh Long Province plans to build five new industrial zones. Photo: baodautu.vn VĨNH LONG — Vĩnh Long Province has announced plans to develop five industrial zones in 2021-25 with a total area of 1,700 ha. They are Tân An Thạnh in Bình Tân District (500ha), Đình Khao …

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