VnExpress News The News Gateway of Vietnam

Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates. Vinalines, the country’s biggest shipper, saw a near doubling of its profits year-on-year to VND1.43 trillion (US$61.19 million) in the second quarter. Private player Gemadept reported an 87 percent increase …

State-owned Agribank has become the third most profitable lender in the country after its first half profits rose by 60 percent to VND15.08 trillion (US$642.3 million). It trailed only another state-owned lender, Vietcombank, and VPBank. Agribank’s profits were driven by a 45-percent year-on-year increase in debt collection to VND6.2 trillion, …

China furiously condemned the highest-level U.S. visit to Taiwan in 25 years as House of Representatives Speaker Nancy Pelosi hailed the self-ruled island as “one of the freest societies in the world” in a speech to the parliament in Taipei on Wednesday. Beijing demonstrated its anger with Pelosi’s presence on …