Solar power firms see revenue surge in H1

Among 25 banks that have announced first-half business results, none reported losses and some have posted robust profit growth.

Vietnam’s top brokerage firms reported lower H1 profits after trading value fell by 40 percent year-on-year in the second quarter.

Saigon office rents are rising across all categories despite new supply as demand remains high.

Online shopping platform Lazada is struggling to gain users while Shopee and Tiki remain leaders as competition tightens in the e-commerce market.

Finland, making its maiden appearance in the Da Nang fireworks festival, has won the competition.

Vietnam suffered 3,159 cyberattacks in the first six months, half of them through emails with malicious links.

Vietnam’s GDP expanded 6.76 percent year-on-year in the first half of 2019, the second highest rate since 2011.

Vietcombank, one of Vietnam’s leading banks, has received permission for its US rep office to start functioning in the third quarter.

Auto sales rose by 22 percent year-on-year to 126,753 units in the first five months of the year, the Vietnam Automobile Manufacturers Association says.

Vietnam’s fiscal deficit is expected to remain at a high 5.7 percent of GDP in 2019, according to macro research firm Fitch Solutions. 

Samsung Electronics’ four subsidiaries in Vietnam reported first quarter profits were down 29 percent year-on-year with the LCD screen business posting losses.

Ho Chi Minh City has attracted $2.77 billion in foreign direct investment from January until May, up 49 percent year-on-year.

The digital economy and starting businesses are among the key issues discussed at Vietnam's biggest forum on the private sector on Thursday.