Business

Up to 89 percent of the imports in the first four months of this year are raw materials and accessories for domestic production with a combined value of 106.6 billion USD, up 16.8 percent year-on-year.

Both global synthetic and natural rubber prices are on an upward trend, but not all businesses in the industry are enough confident to set higher profit targets for this year.

Prices of petroleum products have increased again from 3 pm, May 4.

After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.

Vietnam in the eye of Japanese investors is a potential market that boasts factors for steady growth, says Nobuhiko Sasaki, chairman and CEO of the Japan External Trade Organisation – an agency that promotes Japanese trade and investment.

Vietnam’s logistics market is worth around 40-42 billion USD a year, and digital transformation among businesses is considered key to their success in this competitive market.

The EU is currently the nation’s largest clam export market with Vietnamese clam exports to the bloc increasing sharply amid growing demand and stable production of this product group locally.

The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 percent in revenue to over 5.15 trillion VND (224.26 million USD) in the first quarter of 2022, completing 28.5 percent of its target for the

The number of newly established firms reached an all-time high of around 15,000 in April, with total registered capital of 164.1 trillion VND (7.1 billion USD), according to the General Statistics Office (GSO).

After being heavily impacted by COVID-19 for two years, trade between Vietnam and the United Kingdom (UK) has recovered, reaching nearly 6.6 billion USD at the end of 2021, up 17 percent from the previous year, according to the

Ho Chi Minh City’s apartment market saw supply decline in the first quarter.

Singapore wants to further promote cooperation with Vietnam in clean and renewable energy, Singaporean Ambassador to Vietnam Jaya Ratnam said at a recent working session with Deputy Minister of Industry and Trade Dang Hoang An in Hanoi.

Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors.

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.

China's manufacturing activity slumped to its lowest level since February 2020, official data showed Saturday, the latest sign of economic pain as Beijing doggedly pursues its zero-Covid response.

Prime Minister Pham Minh Chinh emphasised specific tasks for maintaining macro-economic stability, controlling inflation and managing monetary and fiscal policies flexibly while addressing a regular Government meeting in Hanoi on April 29.

The central city of Danang has allowed bars to reopen since Friday following a long halt due to the Covid-19 pandemic.

Vietnam posted a trade surplus of US$1.07 billion in April, bringing the total in the first four months of this year to US$2.53 billion, according to the General Statistics Office (GSO).

The consumer price index (CPI) in April rose 0.18 percent over the previous month and 2.64 percent year on year, according to the General Statistics Office (GSO).