Vietnam maintains its position as the top exporter of rice in the Philippines market
Vietnam's rice accounts for over 80% of the total rice imports in the Philippines. In 2023, Vietnam's rice export market to the Philippines is projected to reach $1.75 billion, an increase of 17.6% compared to 2022...
Revolutionize Trade Promotion to Boost Exports “Beyond Barriers”
In 2024, the activities of export and import will still face numerous risks and uncertainties. Therefore, it is necessary to continue innovating and promoting the diversification and flexibility of various forms of trade promotion to expand into new export markets...
USD Price Continues to Rise
Last week (22-26/01/2024), the USD surged in the international market as data showed that the US economy remained strong while inflation was heading towards the target of 2%, increasing expectations that the Federal Reserve would not rush to cut interest rates.
BIDV’s pre-tax interest income from credit sources increases by 21% in 2023
The consolidated financial statement reveals that BIDV (HOSE: BID), the Joint Stock Commercial Bank for Investment and Development of Vietnam, achieved a pre-tax profit of approximately 27,650 billion VND in 2023, representing a 21% increase compared to the previous year. This remarkable growth can be attributed to the strong growth of non-interest income and a reduction in credit risk provisions.
Bình Thuáºn’s Dragon Fruit: A New Path for Sustainable Agriculture and Reduced Emissions
The initial successes in growing dragon fruit and reducing greenhouse gas emissions, as well as carbon footprint tracking in Binh Thuan, are evidence that Vietnam has, is, and will be able to apply innovative approaches to develop sustainable agriculture, adapting to climate change...
Vietnam’s manufacturing sector sees growth as PMI exceeds 50 points
The Purchasing Managers' Index (PMI) for Vietnam's manufacturing sector bounced back above the 50-point threshold in January 2024, rising to a level of 50.3 points compared to December 2023's 48.9 points. The PMI result indicates an improvement in the health of the manufacturing sector for the first time in months...
Multiple International Payment Benefits from PVcomBank Supporting Businesses
In order to support businesses on their journey to recovery and boost their production and business activities, PVcomBank is launching a series of financial solutions. One of these solutions includes a special promotion for international money transfer services, which will be available until mid-2024.
How long will the “king stock wave” last?
Since late 2023 until now, bank stocks have become a driving force for the stock market. Will the upward momentum of the "king stocks" group continue as the 2023 business results gradually emerge?
The prices of gasoline and diesel continue to soar
The price of E5RON92 gasoline has increased by 742 VND per liter, while RON95-III gasoline has increased by 753 VND per liter. Similarly, the prices of various types of oil have also seen a significant increase, ranging from 379 VND per liter to 623 VND per liter.
Why did MSB’s pre-tax profit fall by 37% despite the strong stock market investment?
Vietcombank (HOSE: VCB) has reported a pre-tax profit of nearly 607 billion VND in the fourth quarter of 2023, a 37% decrease compared to the same period last year, primarily due to a significant increase in risk provisions.