At the construction site of a project invested by PV GAS (Photo: VNA) Hanoi (VNA) - The Petrovietnam Gas Joint Stock Corporation (PV GAS) posted a after-tax profit of nearly 7 trillion VND (300 million USD) in the first six months of 2022, up 87% compared to the target and 59% year-on-year. Its before-tax profit reached over 8.67...

A forum to connect businesses in Da Nang and enterprises owned by overseas Vietnamese (OVs) in Thailand took place in the central city on July 4. At the forum (Photo: VNA) Jointly held by the State Committee for Overseas Vietnamese Affairs under the Ministry of Foreign Affairs and the Vietnamese Embassy in Thailand, the event gathered representatives from enterprises...

Vietnam’s aquatic exports spiked 40% year-on-year to reach nearly 5.8 billion USD in the first half of 2022, the Vietnamese Association of Seafood Exporters and Producers (VASEP) has reported. Frozen shrimp production at a factory in the Mekong Delta province of Hau Giang. (Photo: VNA) The country earned more than 3.2 billion USD from aquatic exports in the...

The Ministry of Finance has issued a circular guiding the implementation of some articles of the Government’s Decree No. 121/2021/ND-CP on business in prize electronic games for foreigners in Vietnam. Illustrative image (Source: Getty Images) Circular No. 39/2022/TT-BTC stipulates the appraisal fee for the grant and extension of business certificates at 150 million VND (6,428 USD), while that...

Vietnam aims to replant or transplant about 107,000ha of coffee in the 2021 – 2025 period, according to the Ministry of Agriculture and Rural Development (MARD). Illustrative image (Photo: VNA) According to a project approved recently by the ministry, the productivity is expected to rise to 3.5 tonnes of coffee bean per ha, with an income 1.5-2 times...

Auto part producer Autocom, a subsidiary of Vietnamese automaker THACO, sets to export 107,000 seat covers for Kia Bongo car model in 2022, up 18.5% from the previous year. Illustration. (Photo: Bnews) Last month, it exported nearly 8,000 Kia Bongo seat covers to Cellmech International Vina in the Republic of Korea. This year, Autocom expects to supply many other...

Positive changes in the real estate sector are crucial if the country wants to meet its green growth targets. Along with construction, the sector is the source of nearly 40% of carbon emissions in the world and consumes about 36 percent of total power generated globally, according to experts. Illustrative image (Source: VNA) Real estate firm Savills cited the...

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022. Customers conduct banking transactions at a Vietcombank branch. The bank tops the list of the 10 most prestigious commercial banks in Vietnam in 2022. (Photo baochinhphu.vn) The 10 banks honoured as the most prestigious commercial banks in the country are...

Vietnam is hoping to attract more investment from the US, Europe and major global enterprises under a recently approved strategy on foreign investment cooperation. Illustrative image (Photo: VNA) The strategy for 2021 - 2030, signed off by Permanent Deputy Prime Minister Pham Binh Minh, aims at raising capital flows from countries and territories in certain regions to over 70%...

The Philippine Tariff Commission (TC) has announced the final conclusion on a safeguard investigation on High-Density Polyethylene (HDPE) pellets imported from many countries, including Vietnam. According to the Vietnamese Ministry of Industry and Trade (MoIT)'s Trade Remedies Authority, TC proposed the imposition of 2% safeguarding duties on the product within three years to prevent the adverse impacts caused...