Binh Son Refining and Petrochemical eyes 37.45 million USD in after-tax profits
Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), has set a target to earn about 864 billion VND (37.45 million USD) in after-tax profit this year.
New golf projects to tee off
The government has approved two golf course projects worth VND3.75 trillion ($162.3 million) in the central province of Thua Thien-Hue and the northern province of Vinh Phuc.
HAGL Agrico transferred 3 more subsidiaries to Thaco
The Board of Directors of HAGL Agrico decided to transfer all contributed capital and shares of 3 subsidiaries to Thadi. On January 6, the Board of Directors of Hoang Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico) issued a decision to transfer all contributed capital and
Central bank targets credit growth of 12 percent in 2021
The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.
Vietravel Airlines operates first charter flight
HCMC – Strong cash flow into large-cap stocks, coupled with upbeat investor sentiment, drove up the VN-Index of the Hochiminh Stock Exchange to end at 1,156.49 points today, January 7.
US firm consents to sell power plant in Vietnam
The AES Corporation has signed an agreement to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a U.S. investor. The transaction is expected to close in late 2021 or early 2022, subject to customary approvals, including from the
Asia Coffee-Trading slows in Vietnam on thin demand, Indonesia muted
HANOI — Coffee trade was sluggish across Asia’s top robusta producers, with Vietnam seeing low activity on thin demand while Indonesia remained muted due to low stockpiles, traders said on Thursday. Farmers in the Central Highlands, Vietnam’s coffee-growing capital, sold coffee at 32,200-32,600
HoSE stocks beat market in December
Many stocks listed on the Ho Chi Minh Stock Exchange (HoSE) continued to enjoy positive growth in December, the southern bourse said.
Shrimp exports to rise 15 pct
Vietnam has advantageous conditions to increase shrimp exports by 15 percent year-on-year to top $4 billion in 2021, industry insiders say.
U.S. energy giant to pull out of northern coal-fired power plant
U.S. energy company AES will sell its entire stake in a coal-fired power plant in northern Vietnam to a consortium led by a U.S.-based investor.
Gold prices hit 4-month high
Vietnam’s gold prices hit a four-month high Wednesday aided by a weaker dollar, with investors expecting further stimuli in U.S. policies.
Covid-19 badly affects 32.1 million jobs in Vietnam
More than 32 million people in Vietnam were badly affected because of the Covid-19 pandemic in 2020. Covid-19 badly affects 32.1 million jobs in Vietnam The number was announced by the General Statistics Office of Vietnam in a press conference on January 6 on the employment rate in 2020. Vu Thi
Vietnamese dragon fruit needs to find new export markets: Experts
In the first 11 months of this year dragon fruit exports fell by 10 percent because of the COVID-19 pandemic but still dominated Vietnamese fruit exports with shipments of more than 1 billion USD.
Gov’t raises more than $14 billion via G-bonds in 2020
As of December 31, 2020, the total value of G-bonds reached more than VND1,350 trillion (US$58.55 billion), up 17.39% year-on-year.
Fintech forecast to be robust this year
The regulatory sandbox for financial technology (fintech) which is expected to be created this year, coupled with efforts to promote the use of digital financial services, are expected to accelerate the development of fintech in Vietnam.