features

Update news features

Small companies report losses, big players see profit decreases

2023 has been a tough year for many companies reporting business result declines. Even bluechips have seen prices sliding though the market is believed to have bottomed out.

VN steel industry: giants make big profits, small players suffer

The steel industry is expected to see an explosive recovery in 2024, but profits won’t be delivered to all. While big players earned trillions of dong in the third quarter in 2023, most small players reported losses.

Real estate firms attract trillions of VND, bond market faces less pressure

Many real estate firms have issued corporate bonds to mobilize trillions of dong worth of capital to pay bond debts. Some of them want to finalize all debts, while others need more time for restructuring.

Vietnam’s deep-tech firm attracts investments from financiers

Despite the difficulties of the world economy, Earable Neuroscience can attract investment. The secret lies in the product's application of exclusive core technology and its ability to meet the needs of the sleep tech device market.

Businesswoman desires to develop local ginseng into national brand product

Kim Dung recently won the second prize at the 2023 National Women's Startup Contest organised by the Vietnam Women's Union with her ginseng startup project.

The village in Vietnam where 210 doctorate holders were born

Hanh Thien Village in Xuan Hong commune in Xuan Truong district in Nam Dinh province has had many famous scholars at high education levels in different fields.

Phu Quoc: one of world’s top destinations, but Vietnamese are not visiting

Phu Quoc Island has been praised by international mass media as a ‘rising star’ in the world’s tourism map. However, the number of domestic travelers to the island has dropped sharply compared with 2022.

Pagoda head monk educates students who become scientists, businesspeople

Pitu Khosa Rangsay, the most beautiful pagoda in Can Tho City, is famous for educating thousands of poor students who later have become eminent citizens.

The woman who takes care of 14,000 graves for children

The home of Pham Thi Kim Loi, 39, in Vinh Ngoc commune in Nha Trang City leans against a mountain. From her home, one can see a large cemetery with colorful graves lying in rows.

SBV withdraws VND230 trillion, dollar price under pressure

Analysts say that the dong/dollar exchange rate is still ‘volatile’ despite the central bank’s recent strong intervention. However, the State Bank (SBV) has efficient tools to maintain the exchange rate and interest rate stability.

Vietnamese workers lose jobs to robots, AI

FPT University Vice President Hoang Nam Tien says many workers in Vietnam have lost their jobs because of robots.

Pharmaceutical companies' profits drop, but shares still attract foreigners

Most pharmaceutical firms have reported sharp falls in profit, but their share prices are still hovering around historical peaks. Foreign investors continue to help keep industry shares at $6 billion.

Resort real estate selling at loss because weak demand

Even when resort real estate owners sell properties at a ranging from hundreds of millions to billions dong, they still cannot find buyers. People hope that prices will go down further.

Vietnam remains bright spot on world map of economies

After the first two sluggish quarters of the year, Vietnam’s businesses have seen the light at the end of the tunnel.

More parents seek IVF procedure, IVF centers reap high profits

After 10 years of development, Vietnam now has 53 IVF support centers. With costs ranging from tens to hundreds of millions, the service is becoming highly profitable.

Regional planning gives push to central region development

The planning of the north central region and coastal central region in 2021-2030 is part of national master planning, demonstrating the orientation for national development plans in different sectors.

Cash flow to return after week of unexpectedly strong sales

Analysts believe that cash flow will return this week following signs of recovery late last week. However, individual investors are expected to be very cautious after witnessing the strong sales last week.

The world needs love and compassion: Embracing the World founder

VietNamNet talks with Mata Amritanandamayi or Amma (Mother), who is best known for embracing the masses.

Telecom carriers expected to take responsibility for junk simcards

Surveys conducted by VietNamNet at sales agents in Hanoi have found that most junk simcards sold are issued by four mobile network operators – Viettel, VinaPhone, MobiFone and Vietnamobile.

Demand for workers in semiconductor industry brings opportunities to Vietnam

Vietnam is expected to attract foreign experts and technologies, especially overseas Vietnamese scientists working in the semiconductor industry.