Wednesday , October 30 2024

Business

Business

VN-Index grows for second day after realty stocks recover

  A housing complex by Bà Rịa – Vũng Tàu House Development JSC in Bà Rịa – Vũng Tàu Province. The company’s shares hit the ceiling at VNĐ82,600 ($3.59) per share on Thursday. — Photo hodeco.vn HÀ NỘI — Shares rose strongly in the latter half of the afternoon session, lifting the VN-Index …

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Banking stocks help VN-Index rebound

Banking stocks help VN-Index rebound

Vietnam’s benchmark rose 1.56 percent to 1,465.30 points Thursday, the biggest gain in over two weeks, with banking tickers continuing to lead blue chip gains. The index started to rise in the last hour of trading and closed 22.5 points higher after losing nearly 57 points in the first two …

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Masan Group reports $377.31 million profits for 2021

HCM CITY — Masan Group Corporation’s consolidated net revenues increased by 14.8 per cent in fiscal 2021 to VNĐ88.63 trillion (US$3.9 billion), driven by strong topline growth across nearly all businesses, preliminary unaudited financial results for the year released on January 19 show. Consolidated earnings before interest, taxes, depreciation, and …

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VPBank named in Top 50 Best-performing Companies

  Phạm Phú Khôi, VPBank’s Deputy General Director, receives the award. — Photo courtesy of the bank HÀ NỘI — VPBank has been honoured in the “Việt Nam’s 50 Best-performing Companies” (TOP50) for five consecutive years thanks to its proactive business focus and controlling risks well during the pandemic in Việt …

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Manufacturing, IT firms rush to recruit workers

Manufacturing, IT firms rush to recruit workers

Manufacturing and tech companies are rushing to recruit workers as foreign companies show rising interest in setting up or expanding their factories in Vietnam. Electronics manufacturer Jabil Vietnam is recruiting 500 workers in Ho chi Minh City, with a bonus of VND3.3 million ($145.62) promised to each new employee. Other …

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Room remains for Việt Nam to boost exports to Hungary

    An electronics factory in Việt Nam. Electronic devices are the largest contributor to Việt Nam – Hungary trade growth in recent years. — VNA/VnExpress News Photo  HÀ NỘI — Trade between Việt Nam and Hungary has grown continually over the past years, and it is believed that there remains room …

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Tobacco giant pursues green growth

The circular economy model helps production and business activities develop sustainably and creates added value ​​in the community, said a representative of British American Tobacco (BAT). A sustainability model Vietnam has been integrating more and more deeply into the global economy through free trade agreements that include provisions on sustainable …

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Samsung Vietnam posts 14 pct revenue growth in pandemic-hit year

Samsung Vietnam posts 14 pct revenue growth in pandemic-hit year

Samsung Vietnam posted a revenue growth of 14 percent to $74.2 billion last year, despite Covid-19 impacts. The company exported $65.5 billion worth of products, up 16 percent from 2020. It said the results were achieved because its factories strictly imposed anti-pandemic regulations and received government support. The main contributions …

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