LNG projects in Việt Nam are attractive to investors. — Photo of www.nangluongvietnam.vn HCM CITY — Investors are eyeing the Vietnamese liquefied natural gas (LNG) market since environmental protection has become a major factor in energy development in the country, experts have said. In a report on its website, EVNGenco3 …
Read More »Vietnamese rice well-received in Europe
Bags of rice loaded onto a ship for export. — VNA/VnExpress News Photo Danh Lam HÀ NỘI — The EU-Việt Nam Free Trade Agreement (EVFTA) has opened up unprecedented opportunities for Vietnamese rice. Thanks to the preferential tariffs, the export of jasmine rice and high-quality rice to the EU has never …
Read More »Gold shops brace for God of Wealth Day crowds
Jewellery companies have stocked up on various gold items to meet a surge in demand on the God of Wealth Day on the 10th day of the lunar year, which falls on February 10 this time. — Photo courtesy of PNJ HCM CITY — Gold buying is expected to …
Read More »HCM City wholesale markets see rapid increase in supply
Foodstuffs being shipped to the Hóc Môn Wholesale Market in HCM City on February 6. — Photo tuoitre.vn HCM CITY — The volume of foodstuffs pouring into HCM City’s wholesale markets has been increasing rapidly in recent days and prices are mostly steady. According to the management of the Hóc …
Read More »Supply shortage forces southern petrol stations to close
Forced by a supply shortage, many gas stations in southern Vietnam have stopped sales. As of Monday, over 20 gas stations in the southern province of An Giang had stopped selling due to a shortage of supply, losses or lack of employees. Several stations said they plan to shut down …
Read More »Tourism companies recover thanks to restructuring
Tourists visiting Tam Chúc temple, Hà Nam Province, during the Tết holiday. The domestic tourism industry is recovering, despite the lasting effects of COVID-19. — VNA/VnExpress News Photo. HÀ NỘI — In the past two years, the impact of COVID-19 has hit listed tourism companies’ activities hard, leading to persistent losses and …
Read More »Hòa Phát Group to export 35,000 tonnes of HRC to Europe
HRC steel at Hòa Phát Dung Quất Steel Integrated Complex. — VNA/VnExpress News Photo HÀ NỘI — Steel maker Hòa Phát Group announced that its subsidiary Hòa Phát Dung Quất Steel Joint Stock Company has signed a contract to export the first batch of 35,000 tonnes of hot-rolled coil (HRC) …
Read More »Investor misconception fuels market risks: experts
Alarm bells are ringing since Evergrande, the second-largest real estate company in China, found itself on the line due to overl-everage on the bond market. — Photo vneconomy.vn HÀ NỘI — Company commitments to bond guarantees always carry the risk of being declared null and void by law, with bondholders bearing the …
Read More »Another buyer cancels purchase of prime HCMC land plot
Another company that successfully bid to buy a land plot in HCMC’s Thu Thiem New Urban Area has pulled out, becoming the second such withdrawal. Hanoi-based Binh Minh Trading and Development Investment Co. Ltd sent a document to related units Tuesday, dropping a deal to buy the 3-9 plot that …
Read More »Vietravel reaps profit in Q4 after consecutive loss
Tourism company Vietravel reported VND228 billion ($10 million) profit in Q4 of 2021, after four consecutive quarters of loss. It posted net revenues of VND190 billion in Q4, down 60 percent compared to the same period of 2020. “Company activities regained positive changes due to the fact the pandemic was …
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