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Johnathan Hanh Nguyen’s SASCO posts unprecedented Q3 profits

Tan Son Nhat Airport Services Corporation (SASCO) has reported record profits for Q3 2024, driven by increased revenue and high profit margins, under the leadership of Johnathan Hanh Nguyen.

Vietnam's e-commerce boom drives 38% growth in tax collection

Vietnam’s General Department of Taxation reported a 38% growth in e-commerce tax revenue, thanks to improved monitoring and data analysis.

Vietnam's rice exports to China hit historic low amid broader market challenges

Despite strong growth in ASEAN markets, Vietnam's rice exports to China have dropped to a historic low, with additional challenges threatening prices.

Vietnam’s first international semiconductor exhibition to take place in November

The Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024), will take place at the National Innovation Centre in Hanoi from November 7-8 under the theme of "Elevating Vietnam in the Global Semiconductor Supply Chain".

Vietnam promoting impact investment for sustainable future

The Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Global Affairs Canada (GAC), held the Vietnam Impact Investment Forum 2024 under the theme “Driving impact investment for a sustainable future” in Hanoi on October 24.

Experts gather to chart course for Vietnam’s 2045 high-income status

The subsequent sessions explore the impact of the external environment, drivers of industrial development, and emerging issues relevant to Vietnam's development goals until 2045.

Abolishing credit rooms under consideration: central bank

Deputy Governor of the State Bank of Vietnam (SBV) Pham Quang Dung has recently said that the central bank is studying a plan to gradually abolish the credit growth quota policy following the National Assembly and the Government’s directions.

Poor performances cast shadow over securities firm prospects

While the market eagerly focuses on the third-quarter business results of securities firms, the weak market's liquidity and declining performance of the brokerage sector are undermining the group’s health.

Vietnamese, Middle Eastern businesses promote linkages in B2B meetup

A B2B matching between Vietnamese and Arab enterprises was held in Hanoi on October 24 to seek ways to promote bilateral trade and investment.

Vietnam Report announces top 500 most profitable enterprises

Vietnam Report JSC has freshly announced the top 500 most profitable enterprises in Vietnam (PROFIT500) and the top 10 reputable companies in the food, beverage, retail, finance, and packaging sectors for 2024.

Legislators recommend higher taxes for unused land amid property crisis

The National Assembly’s recent report has recommended tax law reforms, proposing higher taxes for owners of idle land as property prices outpace income growth.

Latest draft decree broadens definition of solar power systems

Self-produced and self-consumed solar power systems not only mean power works installed by organizations and individuals for their own consumption, but also works installed by third parties.

VCCI proposes roadmap to phase out gas motorbikes, promote electric options

Proposals aim to raise environmental standards, reduce pollution, and support green transportation alternatives.

Experts warn of 50% price surge for land following HCMC land price adjustments

Experts predict a significant rise in real estate prices, with land plots expected to see the most impact.

Techcombank ends seven-year partnership with Manulife, pays $73.7 million

Despite the compensation, the bank remains confident in achieving its profit goals for 2024, opening new opportunities in insurance.

Vietnam’s betel nut imports jump by 324% despite strong exports to China

Despite exporting a significant volume of betel nuts to the Chinese market, Vietnam’s imports of this commodity have also surged, with values increasing by 324% in the first eight months of the year.

Temu's super low prices prompt concern as e-commerce giant enters Vietnam

The Ministry of Industry and Trade raises concerns over the potential impact of Temu's low-cost strategy on local businesses.

Ministry of Industry and Trade researches safe nuclear power technologies for VN

During a regular press conference on October 23, the Deputy Minister of Industry and Trade stated that the ministry will conduct research to select nuclear power technology that ensures "zero risk."

Vietnam’s trade exceeds $200 billion in a quarter for the first time

Total trade value reached $578.5 billion by September, marking a significant achievement for the economy.

Once the most expensive fruit, custard apples now affordable in VN markets

Just two years ago, custard apples, known as "na sầu riêng," were the most expensive fruit in Vietnam, priced at nearly 500,000 VND per kilogram. However, these fruits have now become affordable and are widely available in Vietnamese markets.