Regulatory efforts underway to strengthen e-commerce in Vietnam
By 2025, Vietnam's e-commerce is expected to reach 10% of retail sales and contribute to the digital economy which is estimated to account for 20% of GDP.
18:09, 2024/12/12
EVs take the spotlight on Vietnam's urban streets
On the streets of Hanoi, a quiet but powerful shift in transportation is underway.
13:43, 2024/12/12
Hanoi names 83 institutions Green Energy User 2024
More than 80 facilities and projects have been recognized for their innovative use of green energy in manufacturing.
08:10, 2024/11/12
Agri-tourism blossoms in Hanoi suburb of Quoc Oai
The district's ambitious tourism development goals for the coming years focus on changing the structure of the rural economy to one based on trade and services.
10:46, 2018/10/12
Vietnam's steelmaker Hoa Sen to purchase hot-rolled coil from Formosa Ha Tinh
Vietnamese steel producers are looking toward domestic hot-rolled coil (HRC) in order to avoid more anti-dumping duties that could be imposed by the US.
23:26, 2018/10/11
Fitch revises Vingroup's outlook to negative
The Negative Outlook reflects Vingroup`s heightened business risk and Fitch estimated that leverage, defined as net debt/adjusted inventory, is likely to rise to 58% in 2018, before falling to 36% in 2019.
16:00, 2018/10/11
Brokerage revises down Vietnamese top steelmaker Hoa Phat's 2018 profit
Bao Viet Securities Company (BVSC) has cut forecast for Hoa Phat Group`s after-tax profit by 10% to VND11.7 trillion (US$502.79 million) in 2019. However, the Vietnamese steelmaker`s profit growth can still reach 28% in 2019.
17:33, 2018/10/10
VinFast secures US$950 million credit facility
Credit Suisse AG and HSBC were the lead arrangers and the financing agreement was guaranteed by German export credit agency Euler Hermes.
15:46, 2018/10/10
Vietjet inks US$1.2 billion financing agreements in Japan for fleet expansion
The deals are part of Vietjet’s ambitious plan to expand its fleet and network.
15:14, 2018/10/09
Bamboo Airways delays official launch to year-end
The Civil Aviation Authority of Vietnam (CAAV) under the Ministry of Transport (MoT) has not provided any update with regard to the issuance of aviation license to Bamboo Airways.
16:18, 2018/10/01
Vietnam may hike power prices in 2019
The move is necessary for Vietnam Electricity to cover an incurred cost of VND20.73 trillion (US$892.18 million) in the 2018 - 2019 period, stated the Ministry of Industry and Trade (MoIT) on its website.
08:04, 2018/10/01
Vietnam PMI drops to 10-month low in September
Operating conditions have now improved in each of the past 34 months.
08:42, 2018/09/28
Vietnam Electricity's after-tax profit down 31.5% in Jan - Jun
As of June 30, Vietnam Electricity (EVN)`s total assets reached VND702.24 trillion (US$30.05 billion), slightly up 1% compared to the beginning of the year.
05:55, 2018/09/28
Vinacomin sees pre-tax profit double in 6 months
Vietnam National Coal and Minerals Group (Vinacomin)`s revenue in 1H2018 stood at VND50.77 trillion (US$2.16 billion), up 27% year-on-year, of which, coal and mineral mining contributed a combined of over 80% of total revenue.
23:25, 2018/09/26
Thaibev to receive US$21.42 million in cash dividend from Sabeco
Sabeco is calculated to pay a total of VND962 billion (US$41.21 million) on dividend.
06:29, 2018/09/19
Vietnam's electronics and garment may benefit from trade war: Brokerage
Vietnam somehow will take advantage of the escalation of the US-China trade conflict, although the world`s economy in general may suffer from it.
08:59, 2018/09/18
Vietnam top 53 IT firms see revenue of US$16 billion in 2017
Most of the IT firms on the list focus not only on business performances, but also on investing in new technologies and taking part on digital transformation.
16:52, 2018/09/14
"Vietnam's auto industry can skip on normal evolution"
The statement was made by Yutana Sanada, Regional Senior Vice-President of Nissan Motor, along side the World Economic Forum on ASEAN in Hanoi.
15:34, 2018/09/13
Vietnam FPT sees net profit up 16% in 8 months
Revenue from technology and telecom sectors contributed 94% to the corporation`s total revenue.
01:16, 2018/09/13
Vietnam among 18 outperforming emerging economies
Emerging economies have accounted for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years yet, as individual countries, their economic performance varies substantially.
01:10, 2018/09/13
GIZ applauds Vietnam’s higher FIT for wind power
Vietnam is aiming to produce 10.7% of its total electricity through renewable energy by 2030, mainly through solar and wind energy, up from the 6% as previously planned.
16:43, 2018/09/12
World leaders highlight potential of the Fourth Industrial Revolution
“The opportunities brought about by the Fourth Industrial Revolution are indeed enormous,” noted Nguyen Xuan Phuc, Vietnamese Prime Minister.
13:01, 2018/09/10
Vietnam Railways reports 20% falls in profit in Jan - Jun
The railway sector is under fierce competition from road and air transport.
15:53, 2018/09/08
Vietnam minister wants local social networks to compete with Facebook, Google
The Ministry of Information and Communications (MIC) expects Vietnamese social networks to have the number of users equivalent or higher than that of Facebook in Vietnam (60 million) and take 60 - 70% of the market by 2022.