• News Vietnamese textile-garment sector logs record number of export markets
• News Vietnamese fruits struggle with higher standards
• Economy Bitter taste of beer
• Companies FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY
• Economy State budget revenue hits $63.5 billion in 11 months, completing 94.9% of whole-year plan

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.

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.

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.

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.

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.

CJ Cau Tre voluntarily recalls exported products

CJ Cau Tre will voluntarily recall mini mandu prawn dumplings, mandu prawn dumplings, rice paper spring roll seafood products exported overseas.

J.P.Morgan: Masan Group is one of our top picks

Michael Hung Nguyen, Deputy CEO of Masan Group, said that Masan's profit in the third quarter is expected to be higher than the second.

SK Group Resets Partnership with Masan Group

To maximize shareholder value, SK Group and Masan Group agreed to extend the put option.

Masan Consumer plans to issue additional shares at VND 10,000 per share

Masan Consumer, a leading fast-moving consumer goods (FMCG) firm in Vietnam, plans to issue 326 million shares to existing shareholders at VND10,000 ($0.42) each by 2025.

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

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

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.

Construction ministry to auction 49% stake in Song Hong Corporation

The Ministry of Construction plans to auction 13.2 million shares in Song Hong Corporation, equivalent to 49.04% of capital, according to the Hanoi Stock Exchange's filing.

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.

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.

Industrial real estate increases M&A attraction

The attractiveness of industrial real estate is attracting large cash flows from M&A.

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.

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.

Southeast Asia's internet economy growth to slow in 2023

Southeast Asia's internet economy is expected to grow 11% year-on-year in 2023, slowing from last year's growth of 20%, an annual industry report showed on Wednesday.