Business

  An employee of a non-life insurance company meets a customer to sign a car insurance contract. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Though the economic recovery can give non-life insurers opportunities to improve revenue, it will be still difficult for them to increase profits as the majority of their investment …

Analyst’s Pick Võ Trí Thành* From February 21, the price of petroleum and diesel products in the country continued to increase in line with the rising trend of world oil prices. This is the 4th upward correction since the beginning of this year. With the latest increase of nearly VNĐ1,000, …

  Bayer has presented the latest developments in the ongoing transformation of its pharmaceuticals business  BERLIN, GERMANY — Bayer has presented the latest developments in the ongoing transformation of its pharmaceuticals business aimed at delivering long-term, sustainable business growth by bringing forward new options for patients at its annual Pharma Media Day. “We are taking bold steps into the future of drug …

Vietnam’s benchmark VN-Index dropped 0.58 percent to 1,490.13 points Monday, as investors continued to tread cautiously amid uncertainties related to the Russia-Ukraine crisis. The index started off in the red and continued sideways in the afternoon. It closed 8.76 points lower after gaining 4 points last Friday. Trading value on …

Inside a steel production plant of Hoà Phát Group. The company’s stocks hit the the biggest daily gain of 7 per cent yesterday, limiting the VN-Index’s losses. — Photo hoaphat.com.vn HÀ NỘI — Indices struggled on Monday with the market benchmark VN-Index falling, as investors’ risk appetite was weak due to rising geopolitical …

The US$9-billion Nghi Son oil refinery accounts for 34 percent of domestic supply, and enjoys tax exemption and other incentives, but continues to rack up losses. The biggest oil refinery of Vietnam has cut output since mid-January because of a lack of funds needed to import crude oil, trigging a …

The travel and hospitality industries in the central Khanh Hoa Province are worried about the absence of Russians amid the war in Ukraine as Vietnam prepares to reopen to tourists. Le Xuan Thom, general director of Hai Dang Group, which owns the four-star Galina Hotel & Spa, said the Russia-Ukraine …

  A South Korea-Việt Nam business match-making in Vietnam Expo 2021. — Photo baodautu.vn HÀ NỘI — A trade promotion programme between representatives of 58 enterprises from Incheon, Jeonju, Daegu, Gyeongbuk of the Republic of Korea (RoK) and Vietnamese firms will be held virtually on March 21-25 by the Korea Trade-Investment Promotion Agency …

Vietnam’s auto imports fell by 70 percent last month to 4,524 units, but the industry dismissed it as a normal January phenomenon after a surge in imports in December. The passenger car segment saw a 53 percent decline to 4,008. Though down by more than half from December, Thailand remained …

HDBank signed a deal with Thought Machine, which provides core banking solutions to tier one banks around the world, on Feb. 25 during a visit to Singapore by President Nguyen Xuan Phuc. In Vietnam, HDBank will cooperate with Thought Machine to install the latest version of the latter’s world leading …