Business

Driven to near desperation by prolonged lockdowns, Vietnam’s textile and garments industry managed to recover quickly and regain its growth momentum towards the end of the year. Cao Huu Hieu, General Director of Vietnam National Textile and Garment Group (Vinatex), has called 2021 an “unprecedented year in history.” Thousands of …

Vietnam’s benchmark VN-Index rose 0.83 percent to 1,498.28 points Friday, highest in over a month, as it approached the historic peak reached in November. The index stayed in the green throughout the day and closed 12 points higher and is 2.5 points away from surpassing the 1,500-point from which it …

Vietnamese startups attracted investments of over US$1.3 billion in 2021, four times the previous year’s figure, according to the National Agency for Technology Entrepreneurship and Commercialization Development. The country currently has over 3,800 startups, including three unicorns, or companies valued at over $1 billion, VNG, VnPay and MoMo. There are …

HCMC is the most favored destination of Vietnamese tourists for the New Year’s Eve holiday, followed by northern highlands town of Sa Pa, per Agoda booking data. The Central Highlands town of Da Lat is third, followed by Hanoi and Phu Quoc Island off the Mekong Delta province of Kien …

Cryptocurrencies are becoming a new investment favorite in the country, but many are learning what goes up rapidly could come down at the same speed. This year Minh Quan of Hanoi started to study the cryptocurrency market for the first time after a friend urged him to invest in it. …

Vietnam’s benchmark VN-Index rose 0.01 percent to 1,485.97 points Thursday with foreign investors net buying for the fifth session in a row. The index struggled to break off the 1,480 range and closed 0.15 points higher after falling nine points Wednesday. This was its fourth session in the green in …

Foreign trade surged 22.6 percent in 2021 to a new high of $668.5 billion despite the supply chain disruptions caused by Covid-19. Exports were up 19 percent at over $336 billion, but domestic companies only accounted for 26.4 percent of it. Over 35 categories of goods saw exports of over …

Abbott has continuously launched technology innovations in Vietnam as part of its efforts to tackle challenging health problems in chronic and infectious diseases. Since March, 2021, Vietnamese people living with diabetes can now check their glucose level without having to make painful finger sticks following Abbott Vietnam’s launch of FreeStyle …

The Transport Ministry has recommended that the country imposes no mandatory quarantine for visitors arriving from Omicron-hit countries, because it would make the resumption of international flights impossible. The government had announced Monday that everyone coming from countries and territories where the Omicron variant of the coronavirus has been detected …

China has imposed a four-week ban on dragon fruit imports through a major Vietnamese border gate after detecting Covid-19 in some previous shipments. The ban, to last until January 26 on delivery through the Huu Nghi Border Gate in Lang Son Province, applies to four varieties of dragon fruit shipped …