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Saturday,  09/21/2024
National electricity corporation sees profit up 38 percent in 2019
National electricity corporation sees profit up 38 percent in 2019
Hanoi (VNS/VNA) - Vietnam Electricity (EVN) recently reported a pre-tax profit of 12.5 trillion VND (535 million USD) last year, up 38 percent year-on-year. Workers at EVN Can Tho check equipment (Photo: EVN) According to EVN’s consolidated financial statements, last year the corporation recorded 394.9 trillion VND in net revenue, up 17 percent compared to the year prior. Of...
Consumers optimistic amid COVID-19​
Consumers optimistic amid COVID-19​
Hanoi (VNS/VNA) - Vietnamese consumers are some of the most optimistic, among Asian countries surveyed, that their country will weather the challenges of the COVID-19, according to a McKinsey’s mid-April consumer survey. Customers at a Saigon Co.op supermarket (Photo: VNA) The survey questioned 618 consumers in Vietnam on their consumption behaviour shifts during the COVID-19 crisis. The findings show...
Enterprises focus on production recovery
Enterprises focus on production recovery
(LSO) - As soon as the social distancing was eased under the direction of the Prime Minister, the business community in the province urgently implemented solutions to recover their operations according to pre-built plans with the spirit of both the epidemic prevention, control and production. In the middle of May 2020, we were present at the manufacturing factory of...
Vietsovpetro launches wellhead platform’s base at Bach Ho field
Vietsovpetro launches wellhead platform’s base at Bach Ho field
Hanoi (VNA) - The Vietnam-Russia oil and gas joint venture (Vietsovpetro) has successfully launched the base of the BK-21 oil rig at Bach Ho field. Oil rigs at Bach Ho field (Photo: VNA) The base was completed and put into operation 16 days ahead of schedule. BK-21 rig is an uninhabited wellhead platform located near the MSP6 and MSP7...
No new airlines until aviation market recovers: ministry
No new airlines until aviation market recovers: ministry
Hanoi (VNS/VNA) - Vietnam will temporarily halt the consideration of new airlines until the aviation market has recovered from the COVID-19 pandemic, according to Minister of Transport Nguyen Van The. Grounded planes at Noi Bai International Airport. overed. (Photo: VNA) The ministry said the virus caused the global aviation market to collapse and Vietnam’s was no exception, which saw...
Modern retail stimulates consumer demand after social distancing
Modern retail stimulates consumer demand after social distancing
(LSO) - After the effective epidemic control, the Government has eased the regulations on social distancing, shopping malls, supermarkets and large distribution agents in the form of modern retail in Lang Son have simultaneously implemented measures to stimulate consumer demand. From early May 2020 to present, the number of customers shopping at some supermarkets in Lang Son city such...
Investors lose in April as covered warrants fall due to market decline
Investors lose in April as covered warrants fall due to market decline
Hanoi (VNS/VNA) - Investors suffered losses with all 19 covered warrant codes that expired in April, data on the Ho Chi Minh Stock Exchange (HoSE) showed. The 19 covered warrant items were issued by SSI Securities (SSI), VPS Securities (VPS), HCM City Securities (HSC) and MB Securities (MBS) (Photo vietstock.vn) The 19 covered warrant items were issued by...
Reference exchange rate down 10 VND at week’s beginning
Reference exchange rate down 10 VND at week’s beginning
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,252 VND per USD on May 11, down 10 VND from the last working day of previous week. Illustrative image (Photo: VNA) With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,949 VND/USD and...