Category: Vietnam
Bel Ga holds grand opening for Tay Ninh high-tech hatchery
Bel Ga JSC (Belgium), De Heus Group (the Netherlands), and Hung Nhon Group (Vietnam) held the opening ceremony of Bel Ga Tay Ninh High-Tech Poultry Hatchery on April 17 at [...] » More
Lotteria Vietnam denies report of shutdown, insists on business continuation
Lotteria Vietnam has said that it will continue its business expansion in Vietnam amid Korean media reports of its closedown over a net loss of nearly $9 million. The [...] » More
Pandemic is changing landscape of consumer credit: experts
The COVID-19 pandemic is signficantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, [...] » More
Over 57.5 per cent of Vietnamese SMEs struggle with digital transformation: How can they cope with the challenge?
Small- and medium-sized enterprises (SMEs) account for 97 per cent of the total number of enterprises and contribute more than 45 per cent of Vietnam’s total GDP. In [...] » More
Vietnam is world’s 13th largest mango producer
Vietnam is the 13th largest producer of mangoes in the world, with a total production area of 87,000 hectares and output of 893,200 tonnes in 2020, according to the Ministry [...] » More
Lending rates lowered to stimulate buyers of residential homes
To accelerate the consumer demand in the context of the prolonged Covid-19, many banks have launched housing package with preferential interest rates from 5.9 — 8.9 [...] » More
Steel producers post outstanding results in Q1 on higher rebar price
The surge in prices of steel since the beginning of 2021 helped many steel producers record good performance in the first quarter. Rebar futures contracts, trading on the [...] » More
Nearly 40 planes grounded due to Covid-19
As many as 39 planes of four airlines were left unused and parked at airports or in hangars as of the end of the first quarter due to travel restrictions to curb the spread [...] » More
Reference exchange rate down 8 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,182 VND per USD on April 20, down 8 VND from the previous day. With the current trading band of/-3 [...] » More
Domestic electronic firms urged to enhance capacity, improve linkage with FDI
Enhancing the linkage between domestic and foreign-direct-investment (FDI) electronic enterprises can be an important solution to promote the development of this industry [...] » More
Covid-19 spurs digitalisation in Vietnam’s education sector
Covid-19 outbreak is a key factor accelerating the process of digital transformation in Vietnam’s education sector. Integration of technology has been seen as an [...] » More
Suez Canal incident: Vietnam’s perspective
On March 23, 2021, on the way from Tanjung Pelepas Port (Malaysia) to Rotterdam Port (the Netherlands), the Ever Given, a container ship, ran aground when moving along the [...] » More
Sell-off sends stocks tumbling
Hundreds of stocks plunged due to a sell-off, dragging the VN Index of the Hochiminh Stock Exchange down by 8.54 points, or 0.68%, at 1,238.71 points today, April 16. The [...] » More
Services sector expected to expand by 7-8pct this decade
Vietnam’s services sector is targeting a growth rate of 7-8 percent in the 2021-2030 period, higher than the economy’s average growth rate, and eyeing to account [...] » More
Workforce critical to feed industries in rapidly developing VN: experts
Vietnam needs to focus more on developing feedstocks and production of intermediate goods, especially in terms of human resources, to enable its industrialisation, experts [...] » More
