Vietnam’s benchmark VN-Index rose 0.56 percent to 1,478.96 points in the last session before the nine-day holiday with improved trading value. The index stayed in the green most of the day and closed eight points higher after losing nearly 11 points Thursday. Trading value on the Ho Chi Minh Stock …
Read More »Workers leaving early for Tet cause factory managers headache
Duong Van Minh in the southern province of Binh Duong has taken a week’s leave before Tet since his hometown Thanh Hoa requires visitors to self-isolate for seven days. “I am worried if there are some cases of infection, Thanh Hoa authorities will not let me return, and so I …
Read More »Vietnamese tired of advertisements popping up online: survey
Vietnamese Internet users find online advertisements tiresome and do not want to watch them, a survey by YouGov has found. In a poll of 2,429 digital users last December the British online market research and data analytics firm found that 47 percent of respondents always skip or want to skip …
Read More »Refinery ramps up production amid fuel shortage fears
The Dung Quat oil refinery has increased its production to 103 percent of normal capacity to make up for the production cut by Nghi Son, the country’s largest refinery. Binh Son Refining and Petrochemical Jsc, the operator of Dung Quat in the central province of Quang Ngai, said in a …
Read More »Online shopping boom continues in 2022
Online shopping will still be booming this year. Illustrative photo. — Photo thanhnien.vn HÀ NỘI — Online shopping will still be booming this year, even if the COVID-19 pandemic is over, experts have said. The digital economy saw massive growth in Southeast Asia last year, driven by the rise of e-commerce, …
Read More »Firms urge announcement of time for int’l tourism restoration in February
Foreign tourists visit Hội An Acient Town, Quảng Nam province, under a programme that welcomes international travellers back on a trial basis. VNA/VnExpress News Photo HÀ NỘI — Some Vietnamese airlines, travel companies and hotel businesses have proposed the Prime Minister announce the point of time for resuming international …
Read More »Việt Nam plans modern and sustainable fisheries industry
Việt Nam’s aquaculture output in 2021 was estimated at 4.75 million tonnes. — Photo vasep.com.vn HÀ NỘI — Việt Nam is searching for solutions for the sustainable development of the fisheries industry. The Ministry of Agriculture and Rural Development is drafting a Prime Minister’s decision on a master plan for protecting and exploiting …
Read More »Steelmaker Hoa Phat reports 2.5-fold jump in profits
Vietnam’s biggest steelmaker Hoa Phat Group said post-tax profits were up 2.5 times last year to VND34.52 trillion ($1.52 billion). The company sold 8.8 million tons of steel during the year, a 35 percent increase. It accounted for nearly a third (32.6 percent) of the construction steel market. Exports doubled …
Read More »Workers leaving early for Tet to quarantine cause factory managers headache
Duong Van Minh in the southern province of Binh Duong has taken a week’s leave before Tet since his hometown Thanh Hoa requires visitors to self-isolate for seven days. “I am worried if there are some cases of infection, Thanh Hoa authorities will not let me return, and so I …
Read More »Oil and gas enterprises likely to benefit from higher oil prices in short-term
The jack-up PV Drilling I. Photo pvdrilling.com.vn HÀ NỘI — Despite negative effects of the COVID-19 pandemic, oil and gas enterprises still recorded a prosperous year thanks to the sharp rise in oil prices. As oil prices are expected to remain high in the short term, enterprises in the industry are …
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