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GDP expands by 5.66% in Q1
Vietnam's GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office.
Vietnam shrimp exports to China jump 145% as demand recovers
Vietnam’s shrimp exports to China in January and February rose by 145% year-on-year to US$81 million amid recovering demand in that country.
How Vincom Retail performed before Vingroup sold it
Before Vingroup recently decided to sell its stakes in Vincom Retail, the mall operator had reported record profits and was the conglomerate’s third most profitable business.
March 24, 2024 | 02:30 am PT
Coffee prices soar on low supply, strong demand
Coffee bean prices shot up by 8.96% in early March to VND91,200 (US$3.70) per kilogram as supply runs low.
March 18, 2024 | 05:00 pm PT
Foreign investors dominate Vietnam M&A market
Foreign money has been the main driving force behind large mergers and acquisitions this year.
March 14, 2024 | 04:18 am PT
February automobile sales see biggest fall in three years
Vietnam’s automobile sales in February plummeted 50% year-on-year to 11,633 automobiles, the biggest drop in three years.
March 13, 2024 | 11:10 pm PT
House prices average nearly 24 times annual household income
The average house price in Vietnam is 23.75 times the annual household income, up from last year’s 23.5, according to Serbia-based statistics site Numbeo.
March 10, 2024 | 07:50 pm PT
Processed vegetable, fruit exports boom as China, South Korea, US step up imports
Exports of processed vegetables and fruits have risen sharply this year with China, South Korea and the U.S. importing more of them than in the same period last year.
March 9, 2024 | 05:00 pm PT
FDI attraction up 38.6% in two months
Vietnam attracted $4.29 billion in foreign direct investment (FDI) in the first two months of 2024, a year-on-year surge of 38.6%.
March 7, 2024 | 02:20 am PT
Vietnam subsidiaries contribute 33% to Samsung profit
Samsung's four factories in Vietnam contributed 33% to the South Korean tech giant's $11.8 billion profit in 2023.
February 23, 2024 | 04:58 am PT
Vietnam lags behind Philippines, Indonesia in labor productivity
Vietnam’s per-hour labor productivity is among the lowest in Asia despite recording strong growth over 10 years, a report has found.
February 16, 2024 | 02:30 am PT
Five banks score $1B profit in 2023
Five lenders, comprising four state-owned and one private bank, posted profits of over $1 billion last year.
February 10, 2024 | 08:30 pm PT
Vingroup revenue jumps 59% in 2023
Vingroup's revenue surged by 59% in 2023 to reach VND161 trillion ($6.59 billion), driven by property and electric car sales.
January 31, 2024 | 03:00 am PT
Long Chau pharmacy chain revenues rise by 66%
Pharmacy chain Long Chau reported a 66% jump in sales to VND16 trillion last year ($652.79 million), accounting for half of parent company FPT Retail’s total revenues.
January 29, 2024 | 08:34 pm PT
Jewelry chain PNJ posts record-high profit
Phu Nhuan Jewelry notched a post-tax profit of VND1.97 trillion (US$80.21 million) last year, a new peak in its 35 years of operation.
January 23, 2024 | 07:20 pm PT
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