Foreign companies said they see great growth potential in Vietnam as it recovers from impacts of Covid-19 but more needs to be done to improve its business environment. Speaking at the 2022 Vietnam Business Forum organized online in Hanoi Monday with South Korean, European and American business executives participating, chairman …
Read More »HCM City seeks to speed up economic recovery with business boost
HCM City authorities have pledged to improve the business environment and remove difficulties businesses face this year to help revive the economy. — Photo courtesy nld.vn HCM CITY — HCM City authorities have pledged to improve the business environment and remove difficulties businesses face this year to help revive …
Read More »Shortage of spare parts puts pressure on automobile makers
An automobile production line of VinFast. VNA/VnExpress News Photo HÀ NỘI — Consumption in the automobile market is gradually recovering after a long period of social distancing in the country, but many domestic automobile manufacturers and assemblers are facing difficulties due to a shortage of spare parts. The shortage of …
Read More »VN likely to be upgraded to an emerging market after KRX system installed
The stock trading board inside the Hồ Chí Minh Stock Exchange (HoSE). Photo thoibaonganhang.vn HÀ NỘI — Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market. Speaking at the Financial Street Talkshow last week, …
Read More »Thermal power businesses report contradictory earning results
A plant of Quảng Ninh Thermal Power (QTP). QTP recorded revenue of VNĐ2.2 trillion in the fourth quarter of 2021, down 9.1 per cent compared to the fourth quarter of 2020. Photo courtesy of QTP HÀ NỘI – While many thermal power enterprises reported positive results in both revenue …
Read More »Taxes and fees to be cut to curb petrol prices
On February 11, the retail petrol prices increases by nearly VNĐ1,000 per litre, reaching the highest since August 2014. — VNA/VnExpress News Photo Trần Việt HÀ NỘI — Việt Nam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader …
Read More »Việt Nam highly appreciates role of business community
Prime Minister Phạm Minh Chính attends at the Annual Việt Nam Business Forum (VBF) 2021. — VNA/VnExpress News Photo HÀ NỘI — The Vietnamese Party, State and Government have always highly appreciated the role and contributions of the business community, and at the same time understand and share the difficulties faced by firms, …
Read More »Shares climb but investor caution lingers
People shop in Vincom Phạm Ngọc Thạch shopping mall in Hà Nội. Vingroup’s shares rose 1.7 per cent on Monday. — VnExpress News Photo Mai Hương HÀ NỘI — Shares opened the new week in a positive zone but the market diverged as investors remained cautious about the market outlook in …
Read More »VTV continues search for K+ buyers
National broadcaster VTV will auction for the third time its stake in a company that owns K+, the premium pay TV service. The company is looking to sell 5 percent of its stake in the Vietnam Satellite Digital Television Company (VSTV) on March 10. It is expecting VND63 billion ($2.76 …
Read More »Lender, real estate companies revive brokerages to mobilize fund
Brokerages once considered small companies in the market have received substantial investments since last year as lenders and real estate companies use them to mobilize funds. VPBank Securities (ASCS) is set to become the second biggest brokerage in Vietnam after its capital is increased 33 times to VND8.92 trillion ($391 …
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