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Petrol prices in Việt Nam have reached an all-time record high, forcing people to find their own ways to adapt. While some ride-hailing drivers choose to work harder to make up for the loss due to the price spike, many office workers are switching to other means of transport to …
Read More »Việt Nam shows potential in US fruit exports
Pomelo is expected to be the seventh fruit of Việt Nam exported to the US market in the future. Photo nld.com.vn HÀ NỘI – Việt Nam has great potential to increase fruit exports to the US in the future, said Hoàng Trung, director of the Plant Protection Department under …
Read More »S&P raises Việt Nam long-term sovereign credit rating to BB+; outlook Stable
A view of Nội Bài Airport. S&P’s upgrade on Việt Nam’s long-term sovereign credit rating was grounded on the country’s strong economic recovery prospects following the progressive lift of domestic and cross-border mobility restrictions. Photo travelmag.vn HÀ NỘI — S&P Global Ratings on Thursday upgraded its long-term sovereign credit rating …
Read More »Q3 set to be tough period for inflation
VEPR organises a conference on the Việt Nam Annual Economic Report 2022 in Hà Nội on Friday. — Photo baodautu.vn HÀ NỘI — The third quarter will be the most stressful period for inflation, said Trần Toàn Thắng, head of the National Centre for Socio-Economic Information and Forecast, at a conference on …
Read More »VN firms struggle as China lockdowns disrupt supply chains
The import of raw materials and export of produce to China have been hampered greatly by China’s strict lockdowns and other policies. — Photo nld.com.vn HCM CITY — Vietnamese businesses are finding it difficult to cope with supply chain breakages as a result of China enforcing strict COVID-19 lockdown policies to curb recent …
Read More »Shares finish higher on the gains of blue-chips
PetroVietnam Gas’ tanks. The company posted a gain of 1.3 per cent on Thursday. Photo pvgas.com.vn HÀ NỘI — Shares ended higher on Thursday after facing strong correction in the previous session thanks to the gains of large-cap stocks. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained …
Read More »Việt Nam business costs among the lowest in region: study
With its strategic location on top of the other factors, Việt Nam is poised to become the best option for the China+1 strategy in the region. — Photo courtesy of TMX HCM CITY — Việt Nam has among the lowest costs of doing business in its neighbourhood, with only Cambodia …
Read More »Demand for Vietnamese fruit and vegetables skyrockets overseas
Vinamit has greater demand from the Europe and the US while its sale in China reduces due to the ìnluence of Chinese ‘Zero COVID’ policy. — Photo courtesy of the firm HÀ NỘI — As fruit and vegetable exports to China face difficulties, many Vietnamese enterprises have spent hundreds of millions of dollars to invest in systems and …
Read More »Việt Nam speed up disbursement for economic recovery programme
Workers make footwear products in Binh Tiên Rubber Cooperative in Cần Thơ Province to serve the domestic market and export to other countries. The economic recovery programme will support business and long-term national development. — VNA/VnExpress News Photo HÀ NỘI – Việt Nam will soon disburse at least 50 per cent of the …
Read More »Seafood stocks expected to grow in 2022 on bullish outlook
Workers inside a processing plant of Vĩnh Hoàn Corporation. Photo tinnhanhchungkhoan.vn HÀ NỘI — With a relatively attractive valuation and a bullish industry outlook, seafood stocks are expected to grow positively in 2022. The prospect of the seafood industry in 2022 is expected to continue to be optimistic, with export …
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