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State-owned companies accumulate $505 mln losses

State-owned companies accumulate $505 mln losses

Vietnam's 11 largest state-owned corporations had accumulated losses of VND11.46 trillion ($505 million) as of last year.

First quarter sees 16 percent rise in business closures

First quarter sees 16 percent rise in business closures

Some 40,300 companies shut up shop in the first quarter, a year-on-year increase of 16 percent, according to the General Statistics Office of Vietnam.

Nearly 26,000 enterprises shut down in January

Nearly 26,000 enterprises shut down in January

Some 25,750 enterprises closed down in January, according to the Department of Business Registration, which blamed it on the severe impact of Covid-19.

February 5, 2021 | 05:43 pm PT

10 top firms earn $4.7 billion in Jan-Sept pretax profits

10 top firms earn $4.7 billion in Jan-Sept pretax profits

Vietnam’s top 10 most profitable listed companies, half of them banks, earned Jan-Sept pretax profits of VND110 trillion ($4.7 billion).

November 6, 2019 | 02:06 am PT

Asian firms shuffle production around the region as China tariffs hit

Asian firms shuffle production around the region as China tariffs hit

A growing number of Asian manufacturers of products are moving to shift production from China to other factories in the region.

September 23, 2018 | 05:25 pm PT

Singapore firms make beeline for Vietnam: HSBC

Singapore firms make beeline for Vietnam: HSBC

Singaporean companies are becoming increasingly interested in Vietnam, a new HSBC study says.

July 27, 2018 | 12:18 am PT

Vietnam tops ASEAN in luring Japanese investment

Vietnam tops ASEAN in luring Japanese investment

Vietnam has surpassed Thailand to become the top ASEAN member in attracting investment from Japanese businesses.

July 24, 2018 | 02:01 am PT

Missing in action: FDI-local firm linkages in Vietnam

Missing in action: FDI-local firm linkages in Vietnam

Vietnam’s hope for stronger links between FDI firms and local counterparts, enabling greater global supply chain participation, has not materialized.

July 9, 2018 | 04:00 am PT

South Korea says to act against China's discrimination against South Korean firms

South Korea says to act against China's discrimination against South Korean firms

Concerns over China's discrimination actions against South Korean firms arise.

March 4, 2017 | 08:29 pm PT

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