Business

Vietnam's exports to EU increase 5.1% in 2022

The trade turnover between Vietnam and the European Union reached 76.3 billion USD last year, a year-on-year increase of 5.1%, according to the European-American Market Department under the Ministry of Industry and Trade.

Vietnam likely to become next Asian industrial hotspot

Indian news outlet stattimes.com recently published an article saying Vietnam is likely to become a burgeoning industrial hub, especially for tech and apparel, as well as its beautiful beaches and delicious cuisine.

Danang prepares to welcome Chinese tourists

Shops on the central city of Danang’s “Chinese Street” are preparing to reopen to serve Chinese visitors.

Travel+Leisure: Phu Quoc named among 23 best destinations in 2023

US magazine Travel+Leisure has listed Phu Quoc Island among the 23 best destinations to visit in 2023.

Buon Ma Thuot strives to become world’s coffee city

The Central Highlands province of Dak Lak – Vietnam’s largest coffee-producing region - is striving to make its capital of Buon Ma Thuot a coffee city of the world with distinctive identities.

WorldSteel Group opens second office in Long An

WorldSteel Group has just opened its second office building in Long An Province, marking a strong turning point in the development journey of the company.

Challenges persist for small and medium-sized domestic packaging companies

Despite the hard work of small and medium-sized domestic packaging companies to stay in tune with market demands and apply the latest production technologies, they continue to face a host of challenges.

RCEP brings great business chances for regional firms: experts

The Regional Comprehensive Economic Partnership (RCEP), which came into effect a year ago, has brought about great business chances for enterprises in the region, according to experts.

Hanoi set to host International Aviation Expo in March

An international aviation expo (Aero Expo Hanoi) & Vietnam Aviation Forum 2023 is scheduled to take place in Hanoi on March 21, said the Hanoi Department of Industry and Trade at a press conference on January 16.

HCM City hotels report increasing rates

Hotel room rates in HCM City have increased since the fourth quarter of last year to an average of VND 1.80 million (USD 77) per room per night, a rise of nine percent compared to the third quarter and

Airlines ready to capitalise on rising travel demand as China reopens borders

Vietnam’s aviation industry is forecast to have a busy year ahead as China reopens its borders which had been shut down since the start of the COVID-19 pandemic.

Bank stocks to flourish in 2023

Bank profits are forecast to be the bright spot in the fourth quarter 2022 financial report season, which takes place after the Lunar New Year. This will help bank stocks flourish.

Vietnam’s stock market still attractive to investors: report

The relatively low devaluation of the VND against the USD in comparison with that of other currencies in the region shows that the Vietnamese stock market remains an attractive destination for investment flows.

Positive signals for rice exports in 2023

Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the European Union (EU).

Vietnam offshore wind power sparks influx of foreign investment: Nikkei Asia

Nikkei Asia, a news service in Japan, ran an article on January 6 saying that Vietnam's offshore wind power sparks an influx of foreign investment.

Shippers earn big ahead of Tet

Many shippers are earning big thanks to the surge in deliveries in Hanoi before the Tet Lunar New Year.

Vietnam booths enter French supermarkets

Carrefour Group and the Vietnamese Embassy in France launched Vietnamese booths at all supermarkets run by the French retailer on January 13 as part of the traditional Vietnamese New Year, known locally as Tet.

Online banking transactions falter ahead of Tet

The online transaction services of many Vietnamese banks are faltering due to the surge in demand as the Tet Lunar New Year Holiday nears.

Hundreds at Japanese firm protest over low Tet bonus

Over 600 staff at a Japanese-run firm in Ho Chi Minh City have gone on strike due to the company's low Tet Lunar New Year bonus and a new meagre salary proposal.