Business

  Workers process shrimp for export in Cà Mau Province. Photo sggp.org.vn MEKONG DELTA – Despite the Covid-19 pandemic, Cửu Long (Mekong) Delta provinces managed to beat the seafood export targets last year. Sóc Trăng and Cà Mau provinces both topped US$1billion mark. Võ Văn Chiêu, director of the Sóc Trăng …

A car showroom in Hà Nội. Photo choxeotofun.net HÀ NỘI —  Deputy Prime Minister Lê Minh Khái has recently signed Decree No. 10/2022 on regulating registration fees. The decree will take effect from March 1 this year. Accordingly, the property registration fee is 0.5 per cent while the fee on hunting guns …

Vietnam’s benchmark VN-Index fell 0.96 percent to 1,438.94 points Tuesday, its fourth session in the red, as the selling spree continued among speculative stocks. The index started off in the red, where it remained all day. It closed nearly 14 points lower, having lost nearly 72 points in the last …

Vietnam’s stock authorities have fined Trinh Van Quyet, chairman of real estate developer FLC, VND1.5 billion ($65,800) and suspended trading for five months due to failing to disclosure crucial sales plans. The fine, issued by the State Securities Commission of Vietnam (SSC) on Tuesday, is the biggest applicable to an …

Flights to tourist destinations are nearly fully booked two weeks before Tet, Vietnam’s biggest and most important holiday. On Monday Vietnam Airlines said its flights from HCMC to Hue, Da Nang, Quy Nhon, and Hoi An are 70 percent full. Many flights between January 17 and 23 are full, it …

  Freight rates soared in favour of VIMC last year, lifting the shipping giant out of indebtedness. VIMC finished the year with earnings of $165 million. Photo vnexpress.net HÀ NỘI— Việt Nam Maritime Corporation (VIMC) had great performance in 2021, earning around VNĐ3.75 trillion (US$165 million), according to Nguyễn Cảnh Tĩnh, general director …

  A customer at a SeABank branch in Ha Noi. — Photo photo courtesy of SeaBank HÀ NỘI – After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from US$150 million to $220 million in order to maintain the cooperation with SeABank in …

Vietnam’s benchmark VN-Index continued to plunge Tuesday morning, losing by up to 18 points, as the ripple effect of plunging speculative stocks dragged the market down. The index started off in the red and dropped to 1,434 points at around 10:30 a.m., lowest since the last major drop on December …

Renewable energy developer Trungnam Group has launched its first offshore wind power plant at a cost of nearly VND5 trillion ($219.3 million) in the Mekong Delta. The 100-megawatt Dong Hai I wind Power Plant has its 25 turbines off the coast of Duyen Hai District in Tra Vinh Province, the …

  Large quantities of dragon fruit remain unsold at warehouse though prices have plummeted. Photo nld.com.vn HCM CITY – Dragon fruit prices are falling sharply because it cannot be exported to China, and farmers are in dire need of support from the Government, experts said. China has increased quality requirements for …