Wednesday , October 30 2024

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Business

VN-Index moves up before Tet holiday

VN-Index moves up before Tet holiday

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 …

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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, …

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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 …

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Steelmaker Hoa Phat reports 2.5-fold jump in profits

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 …

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