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Enterprises cut forecasts due to gloomy outlook

In the third quarter, the total profit after tax of listed businesses declined by 5 per cent year-on-year after continuously recording a sharp double-digit decrease in the previous three quarters.

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Vietnam to borrow additional $1.2 billion from foreign partners in 2023

The Ministry of Finance is completing the negotiation and signing of 12 loan agreements with a total value of $1.255 billion.

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VinaCapital seeks to sell SkyX Solar for $100 million

VinaCapital is considering selling SkyX Solar in a deal that could value the Ho Chi Minh City-based solar rooftop power developer at more than $100 million, three sources told Reuters.

News

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Vietnam’s rice exports hit record high since 1989

Vietnam’s rice exports this year to the end of November hit a record high since 1989 with an export volume of nearly 7.8 million tonnes and turnover of 4.4 billion USD.

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Sustainable urban development in response to climate change

Storm Yagi and other extreme weather events have shown how vulnerable countries are to climate change, including Vietnam.

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ITL launches one-stop logistics platform VELA

As a leader in the digital transformation of the logistics industry, ITL Corporation officially launched VELA (one-stop logistics platform), with a vision to become a 4PL+ in this industry.

Companies

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ICANKid won the Gold Award at ASEAN Digital Awards 2024

ICANKid is the "Play and Learn - In Just 1 App" solution for preschool and pre-primary children (from 2-6 years old).

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Duy Tan wraps up 2024 with many highlights

With groundbreaking product innovations and sustainable development efforts across various fields, Duy Tan Plastics Corp. has marked a remarkable year of spreading meaningful values to its customers and the community.

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Masan targets doubling of profits in 2024

Vietnam’s private conglomerate generated VND78,252 billion ($3.19 billion) in net revenue in 2023 and targeted a doubled profit in 2024.

Market

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Vietnam tourism industry sees huge growth for 2023

The tourism sector plans to welcome 110 million tourist arrivals this year, including 8 million foreigners, for 650 trillion VND (27.39 billion USD).

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Masan's earnings were five times higher than the same period last year

Consumer-retail company reported a nearly 400% earnings growth in 2Q2024.

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Rice exports continue to increase in 2024

Rice exports in 2024 are expected to achieve record levels, building on the success of 2023 when both rice export volume and value have reached records.

Real Estate

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Vietnam real estate market: real prices waiting for real buyers

Enterprises are restructuring products to meet buyer demands in the real estate sector.

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BW breaks ground for new logistics project in VSIP Bac Ninh 2, first of its 12 planned projects for 2024

BW held a groundbreaking ceremony today to initiate the development of a new logistics project in VSIP Bac Ninh 2 industrial park.

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CapitaLand's unit buys 18.9ha residential project from Becamex IDC

Sycamore Company Limited, an arm of Singapore-based CapitaLand, has acquired the entire Tan Thanh Binh Duong Urban Area from Becamex for an undisclosed amount of money.

World

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'Driverless' bullet trains to debut at Japan's JR East in 2030s

East Japan Railway will introduce largely automated bullet trains in the mid-2030s under plans announced Tuesday, a labor-saving measure that would be a first for the company.

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U.S. forced labor laws strain China-dependent garment supply chains

The garment industry's reliance on China for materials is presenting a major challenge as the U.S. "aggressively" cracks down on products with links to Xinjiang province, experts say.

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Workplace environment for women improved in Asia: study

The workplace environment for women in Asia including Vietnam has changed for the better in the past five years, according to Agoda’s newly-released “Women in the Workplace: Asia” study.