- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news business news
Rice exports could bring in a record turnover of 5 billion USD this year if the pace of shipment is maintained like at present, according to Vu Tuan Anh, CEO of GLE company, a rice exporter.
With significant strides in mechanical engineering, particularly in agriculture, Vietnam is now working to increase the localisation rate in industrial production.
Despite numerous efforts to stimulate consumer demand, Vietnam's auto market continues to grapple with weak sales and persistent challenges.
If being approved, HCMC will implement new land prices from August 1, with the highest rate reaching VND810 million ($32,000)/sq.m. This adjustment, lasting until the end of the year, affects various key areas, including major streets in District 1.
In a surprising trend, Thailand, a nation known for its robust agricultural sector, has nearly doubled its expenditure on Vietnamese fruits and vegetables in the first half of this year.
Three out of the five Vietnamese businesses, which have formed limited liability companies in Indonesia, have been verified and received certificates of lobster cultivation from the Directorate General of Aquaculture.
A growing number of financial companies of the Republic of Korea (RoK) are showing signs of extended profit in Vietnam after years of a downturn brought on by the COVID-19 pandemic, market watchers have said.
Former FLC Group Chairman Trinh Van Quyet, once the wealthiest man on the Vietnamese stock exchange, has declared that his personal assets, now frozen, are worth approximately 5,000 billion VND (over $197.5 million).
HSBC has raised its forecast for Vietnam's GDP growth this year to 6.5%, as compared with the previous projection of 6%, following the country's better-than-expected performance in the first half.
In its latest financial update, Imexpharm Corporation has reported strong growth in net revenue and significant strategic advancements, along with plans for a bonus share issuance to support future expansion.
In the first half of 2024, Vietnamese consumers spent a staggering VND143.9 trillion ($6 billion) on online shopping, highlighting the explosive growth of the country’s e-commerce sector.
Following his departure from Quoc Cuong Gia Lai JSC in 2018, Nguyen Quoc Cuong, also known as Cuong "Dollar," has successfully built a diverse career, establishing businesses across multiple industries.
PM Pham Minh Chinh has requested the Ministry of Finance to urgently study the impact, and to complete and propose to the Government a decree on registration fee collection rates for domestically-produced and assembled cars within this month.
Durian exports may surpass 3 billion USD this year, according to Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association (Vinafruit).
Previously, it took 23-24 weeks to follow all administrative procedures for one investment project, but now it takes 3-4 times longer.
Vietnam aims to develop 6,000 MW of offshore wind power by 2030, and 70,000 - 91,500 MW by 2050.
Real estate enterprises are facing significant debt maturities of nearly 59 trillion VND (2.3 billion USD) and a rapidly rising delinquency rate in the sector.
Vietjet and Airbus on July 22 officially signed a contract for the purchase of 20 new-generation wide-body A330neo (A330-900) aircraft, totaling $7.4 billion by the manufacturer’s list price, at the Farnborough International Airshow 2024 in the UK.
Ho Chi Minh City plans to construct three international passenger terminals in the Can Gio coastal urban area, Mui Den Do, and Ben Nghe port as part of its efforts to develop waterway transport and attract tourists.
Nguyen Quoc Cuong, popularly known as Cuong 'Dollar,' has been appointed as the new CEO of Quoc Cuong Gia Lai JSC, succeeding his mother, Nguyen Thi Nhu Loan, who was recently dismissed from the Board of Directors.