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Tet shopping frenzy at Hanoi supermarkets

Tet shopping frenzy at Hanoi supermarkets

With a week to go before the Lunar New Year, or Tet, supermarkets in Hanoi are thronged with shoppers.
Auto companies seek to expand Vietnam production

Auto companies seek to expand Vietnam production

Auto manufacturers are expanding factories in Vietnam to increase output as the country seeks to reduce its reliance on imports.
11:23 am GMT+7
Major state-owned enterprises report fall in profits

Major state-owned enterprises report fall in profits

Nine teen major state-owned enterprises posted pre-tax profits of nearly 100 trillion $4.3 billion in 2019, marking a year-on-year drop of 10 percent. 
11:23 am GMT+7
Auto firm exec arrested for suspected embezzlement

Auto firm exec arrested for suspected embezzlement

Nguyen Duc Toan, deputy director of VEAM Motor, a subsidiary of state-owned agricultural machinery manufacturer VEAM, has been arrested for alleged embezzlement.
January 18, 2020 | 10:13 pm GMT+7
Jewelry firm PNJ reports 24 pct surge in profit

Jewelry firm PNJ reports 24 pct surge in profit

Phu Nhuan Jewelry Jsc posted its first trillion dong topping after-tax profit of VND1.19 trillion ($51.2 million) last year, up 24 percent year-on-year.
January 18, 2020 | 01:45 pm GMT+7
Hanoi, HCMC housing imbalance sees demand outstripping supply

Hanoi, HCMC housing imbalance sees demand outstripping supply

With one apartment per 59 residents, Hanoi and HCMC faces housing dilemma as focus remains on premium market.
January 18, 2020 | 11:12 am GMT+7
CEOs buckle under Vietnam ride-hailing pressure

CEOs buckle under Vietnam ride-hailing pressure

Heated competition has seen three major Vietnamese ride-hailing players lose CEOs, all within a year.
January 18, 2020 | 08:48 am GMT+7
Vietnam stock market could recover liquidity this year

Vietnam stock market could recover liquidity this year

Foreign investment and more attractive stock valuations could help cash flow return to Vietnam’s stock market this year, says financial data provider FiinGroup.
January 17, 2020 | 08:25 pm GMT+7
VN-Index gains for fourth straight session

VN-Index gains for fourth straight session

The VN-Index rose 4.65 points, or 0.48 percent, to 978.96 points on Friday, its fourth consecutive gaining session.
January 17, 2020 | 08:06 pm GMT+7
Hanoi Vodka producer reports fifth consecutive losing year

Hanoi Vodka producer reports fifth consecutive losing year

Alcohol giant Hanoi Liquor JSC (Halico) made a post-tax loss of VND64 billion ($2.76 million) in 2019, continuing a trend commenced in 2015.
January 17, 2020 | 04:40 pm GMT+7
Ride-hailing services thrive under new DUI law

Ride-hailing services thrive under new DUI law

Ride-hailing and taxi drivers report a customer number surge of up to 20 percent as Vietnam puts cap on drunk driving.
January 17, 2020 | 03:18 pm GMT+7
IT bonuses hit 6-month salary level

IT bonuses hit 6-month salary level

IT companies offer employees bonuses equal to a six-month salary in Vietnam, where talent shortages remain a headache as demand ups.
January 17, 2020 | 09:00 am GMT+7
Why Vingroup’s airline venture was grounded

Why Vingroup’s airline venture was grounded

Vietnam’s aviation market presents a stiff challenge, even for a conglomerate like Vingroup, which has decided discretion is the better part of valor.
January 17, 2020 | 08:12 am GMT+7
Hanoi, HCMC runway fix priced at $179 mln

Hanoi, HCMC runway fix priced at $179 mln

The Ministry of Transport has proposed a VND4.15 trillion ($179 million) plan to repair runways at Vietnam’s two largest airports over two years.
January 17, 2020 | 08:00 am GMT+7
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