Petrolimex’s profit falls to five-year low Business

Petrolimex’s profit falls to five-year low

Vietnam’s largest petroleum retailer Petrolimex has reported that earned almost 1.27 trillion VND (55 million USD) in pre-tax profit in 2020, equivalent to 81 percent of this year’s target and down nearly 76 percent from 2019.
UNFPA offers aid to support the elderly amid COVID-19 Society

UNFPA offers aid to support the elderly amid COVID-19

The UN Population Fund (UNFPA) handed over COVID-19 personal protective equipment meant to support the elderly to the Social Protection Department under the Ministry of Labour, War Invalids and Social Affairs in Hanoi on January 14.
VSIP model a bright spot in Vietnam-Singapore economic ties: PM Politics

VSIP model a bright spot in Vietnam-Singapore economic ties: PM

Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted the great success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
RCEP a bright spot in bleak global economy Business

RCEP a bright spot in bleak global economy

The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.
UKVFTA creates more room for bilateral trade links Business

UKVFTA creates more room for bilateral trade links

The UK-Vietnam Free Trade Agreement (UKVFTA), which will come into force at 23:00 on December 31, 2020, will open the door wider for bilateral economic and trade ties and help form a solid foundation for their strategic partnership to reach a new height.
Vietnam Airlines logs less-than-expected loss Business

Vietnam Airlines logs less-than-expected loss

Vietnam Airlines Corporation anticipated a loss of 12 trillion VND, or 2.42 trillion VND lower than previous prediction, it said at the extraordinary shareholders’ meeting on December 29.