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Quang Phu Cau incense village in Ung Hia District, renowned for its incense sticks and incense production, has become a beacon for those seeking an olfactory journey into Vietnam’s cultural heritage.
Vietnam’s five percent broken rice export price has soared to $653 per ton, but despite the big volume of exports and price increases, large exporters have seen profits decrease.
The total waste-to-electricity capacity planned by the Ministry of Industry and Trade (MOIT) is small compared with the demand and capability of Vietnam.
The Politburo’s Resolution 41 on building and promoting the role of Vietnamese businesses in the new era, issued October 10, 2023, shows timely directions and orientations for the development of businesses.
The US FED has decided to stop interest rate increases, following a temperate monetary policy which aims at preparing a soft landing for the economy.
Vinhomes has seen its profit decrease but it still leads the ‘trillion-VND club’, or the group of businesses with more than VND1 trillion worth of profits. Hoa Phat steel mill and Binh Son refinery has had the most outstanding growth among the group.
The Ministry of Information and Communications (MIC) plans to establish a ‘Game Hub’ to connect game makers and will organize short- and long-term training courses as part of a gaming industry development strategy.
Discussing socio-economic conditions in 2023 at the ongoing National Assembly session, State President Vo Van Thuong said there are many policies which people have put high hopes on, but implementation has been very slow.
For the past seven years, business has been good – with Kieu Viet Hung earning between VND 50 and 60 million a month. But, making a living doing something most people find abhorrent, Hung was faced with a crisis of conscience.
Over the last 20 years, together with the traditional teaching model with blackboard and white chalk, a new university system has been developing – the digital university.
The stock assets of Nguyen Dang Quang, president of Masan Group, have fallen to below $1 billion. Several other billionaires have also lost billions of dong following the sharp falls of the VN-Index recently.
FPT Semiconductor CEO Nguyen Vinh Quang says that Vietnam is capable of making chips with a performance equal to 90 percent and a production cost of 50-60 percent of foreign-made products.
The silk produced in Van Phuc is famous for its exceptional quality, unique colors, and traditional floral pattern designs.
Trinh Van Quyet, before being arrested for suspicion of stock market manipulation, became the richest Vietnamese businessperson after ROS shares rose from nearly zero to hundreds of thousands of dong per share.
Economic indicators and management issues will be discussed at the ongoing National Assembly session to find solutions to growth and development.
2023 has been a tough year for many companies reporting business result declines. Even bluechips have seen prices sliding though the market is believed to have bottomed out.
The steel industry is expected to see an explosive recovery in 2024, but profits won’t be delivered to all. While big players earned trillions of dong in the third quarter in 2023, most small players reported losses.
Many real estate firms have issued corporate bonds to mobilize trillions of dong worth of capital to pay bond debts. Some of them want to finalize all debts, while others need more time for restructuring.
Despite the difficulties of the world economy, Earable Neuroscience can attract investment. The secret lies in the product's application of exclusive core technology and its ability to meet the needs of the sleep tech device market.
Kim Dung recently won the second prize at the 2023 National Women's Startup Contest organised by the Vietnam Women's Union with her ginseng startup project.