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Mekong Delta farmers fret as fruit prices slump

  During Tết holiday, tangerine prices risk a sharp fall besides green-skin pomelo. VNA/VNS Photo MEKONG DELTA – Demand for fruits in the Mekong Delta is falling even as Tết (Lunar New Year) approaches, and with large volumes of fruits entering the market, farmers are anxious. The prices of a number of fruits such as green-skin pomelo, Năm Roi pomelo ... Read More »

Vietjet makes profit in 2020

  Cargo being loaded into a Vietjet plane. — Photo courtesy of Vietjet HCM CITY — Vietjet Aviation Joint Stock Company (HoSE: VJC)  recorded a consolidated after-tax profit of VNĐ70 billion (US$3 million) in 2020, following its financial report released on Sunday.  The positive figure makes Vietjet one of the few airlines in the world having no workforce reduction and turning a profit amid complicated development of ... Read More »

Việt Nam's January exports up 50.5 per cent year-on-year

  Agriculture and forestry exported $1.8 billion worth of products this month, up 21.4 per cent year-on-year, while fisheries earned $600 million, up 19.6 per cent.— Photo baoquangninh.com.vn HÀ NỘI — Việt Nam’s goods exports were valued at US$27.7 billion in January, up 0.2 per cent from the previous month and 50.5 per cent from the same period last year, ... Read More »

Masan fulfills all business targets for 2020

  At a VinMart supermarket. Masan achieved all targets set for 2020 and expects to enjoy 20-40 per cent and 15 -20 per cent growth in revenue and profit in 2021. — Photo courtesy of Masan HCM CITY — Masan Group Corporation (MSN) achieved consolidated net revenues of VNĐ77.218 trillion (US$3.54 billion) and net profit post minority interest (NPAT Post ... Read More »

Việt Nam – Hungary trade hits record of $1 billion

  The bilateral trade between Việt Nam and Hungary hit a historic record of more than US$1 billion in 2020. — Photo baochinhphu.vn HÀ NỘI — Bilateral trade between Việt Nam and Hungary hit a historic record of more than US$1 billion in 2020, reflecting the enhanced relationship between the two countries in recent years. According to the Vietnamese Embassy to ... Read More »

HCM City targets domestic market for tourism recovery

  Tourists in HCM City. VNA/VNS Photo HCM CITY — The HCM City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pandemic. The department is stepping up digitalisation in tourism to propel the travel experience, said Bùi Thị Ngọc Hiếu, deputy director of the city’s Tourism Department.  The ... Read More »

Techcombank achieved before-tax profit of VNĐ15.8 trillion in 2020

  Techcombank continues to lead the market with a healthy 3.1 per cent return on assets (ROA) for the last twelve months ended December 31, 2020. — VNS Photo HÀ NỘI — Techcombank has reinforced the strength of its customer centric strategy in delivering strong 2020 financial results. The bank recorded before-tax profit for 2020 of VNĐ15.8 trillion (US$688 million), up ... Read More »

Việt Nam appealing market for franchising businesses: seminar

  Nguyễn Phi Vân, founder and chairwoman of the Retail and Franchise Asia and founder and executive member of World Franchise Associates, speaks at the ‘Start your own business with franchise model’ seminar organised by the HCM City Investment and Trade Promotion Centre in HCM City. Photo courtesy of the centre HCM CITY — Việt Nam will become an attractive ... Read More »

HDBank achieves 2020 targets, bad debts ratio at a mere 0.93%

  An HDBank transaction office in HCM City. HDBank met all its business targets last year despite the challenges posed by the COVID-19 pandemic. — Photo courtesy of the bank HCM CITY — The HCM City Development Joint Stock Commercial Bank (HDBank, HoSE: HDB) has released its 2020 financial statements showing consolidated pre-tax profit of VNĐ5.82 trillion (US$253.6 million), which ... Read More »

First batch of Vietnamese rice exported to the UK under UKVFTA

  The first 60 tonnes of jasmine rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London. — VNA/VNS Photo LONDON — The first 60 tonnes of jasmine rice shipped to the UK under the UK-Việt Nam Free Trade Agreement (UKVFTA) hit the shelves in London on Tuesday. The top-quality fragrant rice was ... Read More »