Hanoi (VNA) - The daily reference exchange rate was set at 23,100 VND per USD on August 12, down 2 VND from the last working day of previous week (August 5-9), continuing on the downward trend from late last week. The daily reference exchange rate was set at 23,100 VND per USD on August 12 (Photo: VNA) With the...

Hanoi (VNS/VNA) — Viettel Global posted record pre-tax profit of 1.09 trillion VND (47 million USD) in the second quarter of this year. Illustrative image (Source: internet) The company announced its consolidated financial report with net revenue of more than 4 trillion VND in the April-June period which equals that of the same period last year. However, gross profit...

HCM City (VNS/VNA) - Vietnam has become an increasingly attractive destination for international enterprises in the food, beverages and packaging industry thanks to its rapid economic growth and rising consumer demand. Indian and Vietnamese firms in the food, beverages and packaging sector exchange information at a B2B meeting in HCM City last week (Photo: VNA) Ly Kim Chi,...

HCM City (VNA) – Experts proposed a number of solutions to boosting food export to potential markets during a workshop held in Ho Chi Minh City on August 7. At the workshop (Source: VOH) Ly Kim Chi, Chairwoman of the Food and Foodstuff Association of Ho Chi Minh City, said the city will focus on exporting aquatic products, coffee,...

Hanoi (VNA) – The garment-textile sector will gain significant benefits but, at the same time, face several challenges brought about by the EU-Vietnam Free Trade Agreement (EVFTA) once it takes effect, experts said at an online conference on August 2. Illustrative photo (Source: VNA) Luong Hoang Thai, Director of the Ministry of Industry and Trade (MoIT)’s Multilateral Trade Policy...

(VNA) – Vietnam’s biggest dairy company Vinamilk said on August 2 that it is maintaining the leading position in Forbes Vietnam’s list of top 50 brands in 2019, with its brand value exceeding 2.2 billion USD. Illustrative image (Photo: VNA) This is the fourth consecutive year Vinamilk has won the top place in the rankings, the company’s leaders said....

(VNA) - The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has reported a record pre-tax profit of 2,211 billion VND (94.26 million USD) in the first half of the year. A transaction office of HDBank (Photo: HDBank) Its consolidated net interest margin, which rose to 4.4 percent, was among the highest in the banking sector....

(VNA) – Billionaire Pham Nhat Vuong has for the first time moved up to the top 200 of the Forbes’ rich list as of July 31. Billionaire Pham Nhat Vuong (Photo: Forbes) According to Forbes’ website, he ranked 194th on the list, with a net worth of 8.25 billion USD. This is the highest place ever for Vuong,...

(VNA) – A driving force for short-term growth has lost due to the sluggish expansion of public investment, Prime Minister Nguyen Xuan Phuc has said, demanding drastic actions to remove barriers hindering the disbursement of public investment. Prime Minister Nguyen Xuan Phuc (centre) speaks at the Government’s meeting in Hanoi on August 1 (Photo: VNA) Concluding the Government’s meeting...

(VNA) - The Republic of Korea (RoK) has agreed to cooperate with Vietnam in sharing experience in mobilising private investments for infrastructure development. RoK Deputy Minister of Finance Koo Yun-Cheol (second, L) and Vietnamese Deputy Minister of Planning and Investment Nguyen Duc Trung (L) at the meeting (source: Yonhap) The two sides reached the agreement in a meeting...