Online forum introduces potential of Halal food Business

Online forum introduces potential of Halal food

An online forum was held in Hanoi on November 30 to introduce the potential of the global Halal food market and the opportunities for Vietnam, with over 300 delegates from home and abroad taking part.
Daily visits to local e-commerce sites top 3.5 million: VECOM Business

Daily visits to local e-commerce sites top 3.5 million: VECOM

Online shopping traffic in Vietnam so far this year rocketed over 150 percent against a year earlier, with daily visits to e-commerce sites growing to 3.5 million, Nguyen Ngoc Dung, Deputy Chairman of the Vietnam e-Commerce Association (VECOM), told a workshop on November 10.
RCEP - A new boost for regional enterprises Business

RCEP - A new boost for regional enterprises

The Regional Comprehensive Economic Partnership (RCEP) agreement, expected to be signed on November 15 within the framework of the 37th ASEAN Summit in Hanoi, will be the world’s largest free trade agreement (FTA) and is a significant boost for ASEAN businesses, including those in Vietnam, according to insiders.
Newly-established firms down, registered capital up in 10 months Business

Newly-established firms down, registered capital up in 10 months

Vietnam recorded nearly 111,200 new enterprises from January-October, a year-on-year decline of 2.9 percent, according to the General Statistics Office (GSO). The new entrants, however, have combined registered investment of more than 1,594 trillion VND (68.3 billion USD), up 11.1 percent against the same period last year.
HDBank remains on high growth path in Q3 Business

HDBank remains on high growth path in Q3

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Regional cooperation to develop supporting industries Business

Regional cooperation to develop supporting industries

The Sai Gon Hi-tech Park and industrial parks and economic zones in the southern provinces of Long An, Binh Duong, Dong Nai and Ba Ria-Vung Tau will work together to develop supporting industries under an agreement clinched on October 28.
Salary increases in 2020 lowest in 10 years: survey Business

Salary increases in 2020 lowest in 10 years: survey

Salaries increased by 6.5 percent this year at multinational companies (MNCs) and 5.2 percent at Vietnamese companies, and are forecast to increase by 7 percent and 7.7 percent next year, according to the Talentnet – Mercer Total Remuneration Survey.
Half of local businesses use IFRS Business

Half of local businesses use IFRS

More than half of companies in Vietnam have been adopting international financial reporting standards to meet investors’ expectations and improve their corporate governance, a survey showed.