Business

Market management in HCM City have seized thousands of suspected counterfeit products consisting primarily of bags, glasses, clothes, shoes, and accessories at the Saigon Square Shopping Centre.

Most Asian investors tentatively stepped back into the markets Friday after the previous day's Federal Reserve-induced sell-off, while the dollar held gains as focus turned to the release of key US jobs data.

The annual merge and acquisition forum (M&A Vietnam Forum) in 2022 will be held in Ho Chi Minh City on November 23, according to the organising board.

Many companies in the southern province of Dong Nai have planned to offer a longer holiday for their workers during the coming Tet Lunar New Year because of a fall in orders.

LEGO Group of Denmark officially commenced construction of a children's toy factory in the southern Binh Duong province, with the site receiving investment of more than US$1 billion.

Mergers and acquisitions in the technology sector have been witnessing a rebound in recent years as tech giants have employed M&A to expand their ecosystems.

Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

Vietnam saw over 13,000 new enterprises formed with a total registered capital of VNĐ106.9 trillion in October, up 13.6 per cent in number of firms but down 21.4 per cent in capital over the previous month.

Vietnam raked in 9.5 billion USD from exporting aquatic products in the first 10 months of 2022, up 34% year-on-year, the Vietnam Association of Seafood Exporters and Producers reported.

Nearly 1,200 workers of the Taiwanese company, Ty Hung, in HCM City have been laid off since November 1 due to the company's shrinking business.

With just two months left until the end of 2022, enterprises have tried to find new suppliers and diversify sources of goods to develop and serve the customers after a tough year.

Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.

The Ministry of Industry and Trade’s Vietnam Competition and Consumer Authority has announced the recall of 730 VF e34 electric cars of Vinfast, which are available only in the domestic market, to check and replace their side crash sensors.

Prices of petroleum products increased from 3 pm today, November 1, marking the third consecutive rise since mid-October.

The demand for warehousing space is increasing dramatically as consumers' purchasing power is hiking up as the year comes to a close.

People in the Central Highlands region have reduced the area devoted to coffee and pepper cultivation and turned instead to durians after the fruit was licensed for export to China.

Credit ratings agency Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating at 'BB' with a positive outlook.

Travel companies in HCM City have started selling tours for the coming Lunar New Year Tet Holiday.

Vietnam’s outbound investment, including both newly-registered and adjusted capital, exceeded 450 million USD in the first 10 months of this year, equivalent to nearly 70% of the figure recorded in the same period last year.