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Friday,  09/20/2024
Hyundai's April automobile sales drop over 20%
Hyundai's April automobile sales drop over 20%
Thanh Cong Group on May 11 announced its sales results for April with over 4,590 Hyundai automobiles sold last month, down 20.45% over March. Illustrative image (Source: VNA) Hyundai Accent continues to be the best-seller model with 1,050 vehicles delivered to customers. Hyundai Creta ranked second with 637 units sold. The Hyundai Grand i10 sales volume ranked third...
Information & communications services revenue hits 47.6 billion USD
Information & communications services revenue hits 47.6 billion USD
Revenue from information and communications services reached 1.13 quadrillion VND (47.6 billion USD) in the first four months of 2023, representing 27% of the annual target, figures from the Ministry of Information and Communications (MIC) show. Made-in-Vietnam chip produced by Vietnam's FPT corporation, Vietnam ranks third in Asia in terms of semiconductor exports to the US, after Malaysia...
Vietnamese firms invest nearly 22 billion USD abroad
Vietnamese firms invest nearly 22 billion USD abroad
There had been 1,643 Vietnamese-invested valid projects in foreign countries with a total capital of 21.93 billion USD as of late April, according to the Ministry of Planning and Investment’s Foreign Investment Agency. Vietnamese firms invest nearly 22 billion USD abroad (Photo: VNA) Vietnamese investors poured capital into 13 sectors, in which information and communications took the lead...
Ministry: China’s unilateral fishing ban valueless
Ministry: China’s unilateral fishing ban valueless
China's unilateral suspension of fishing activities in the waters under Vietnam's sovereignty in the East Sea is void, said the Vietnamese Ministry of Agriculture and Rural Development (MARD). Illustrative image (Photo: VNA) The ban is a violation of Vietnam's sovereignty, sovereign rights, and jurisdiction in the East Sea, the ministry affirmed in a document recently sent to People’s...
Durian exports forecast to boom
Durian exports forecast to boom
Vietnam’s durian exports are expected to see a boom in the time ahead when the durian harvest season reaches its peak, according to the Ministry of Agriculture and Rural Development. Vietnam’s durian exports are expected to see a boom in the time ahead. (Photo: VNA) In the first three months of this year when the main durian season...
Labour market to record 150,000 new jobs in Q2: ministry
Labour market to record 150,000 new jobs in Q2: ministry
About 150,000 new jobs will be created in the second quarter of this year, including 28,200 in electronics and optical device manufacturing, 18,600 in food processing, and 4,700 in beverage production, the Ministry of Labour, Invalids and Social Affairs (MoLISA) predicted. A garment factory in Vietnam (Photo: VNA) MoLISA forecast the most sought jobs will be related to...
Mercedes-Benz Vietnam to introduce all-electric cars in Vietnam
Mercedes-Benz Vietnam to introduce all-electric cars in Vietnam
Mercedes-Benz Vietnam (MBV), a subsidiary of the Germany-based Mercedes-Benz Group AG, will introduce three all-electric car models in Vietnam in 2023, said MBV General Director Brad Kelly at a press conference in Ho Chi Minh City on May 9. Mercedes-Benz GLC 300 SUV model (Photo: VNA) Kelly said that the three models are EQB SUV – small-size luxury...
Bamboo Airways to raise charter capital to nearly 1.3 billion USD
Bamboo Airways to raise charter capital to nearly 1.3 billion USD
Bamboo Airways is planning to raise its charter capital to 30 trillion VND (nearly 1.3 billion USD) to restructure its debts and increase capital for its core and support business activities. A plane of Bamboo Airways (Source: Bamboo Airways) The carrier held an extraordinary shareholders’ meeting on May 9 to vote on the authorisation of its Board of Directors...
Many banks planning move to HoSE
Many banks planning move to HoSE
Banks, including VietBank (VBB) and Việt Capital Bank (BVB), are expected to transfer from UpCOM exchange to the Ho Chi Minh City Stock Exchange (HoSE). The Ho Chi Minh Stock Exchange's headquarters in HCM City. (Photo: courtesy of HoSE) The plans were approved at their recent General Meeting of Shareholders. Nguyen Huu Hữu Trung, general director of Vietbank,...