The VN-Index inched closer to the threshold of 1,250 point-level.

The company reported a profit before tax of VNĐ65 billion, but after deducting taxes, it ended up with a loss after tax of VNĐ31.4 billion. 

Italian insurance – financial company SACE has announced a capital package worth US$1.3 billion to support Italian companies in Việt Nam as well as Vietnamese firms using technologies, machines and components imported from Italy.

The 2024 Land Law coming into effect will have a significant impact, with the two groups benefiting the most being overseas Vietnamese and resettled individuals who are compensated.

The merger of Hà Nội and Sài Gòn railway companies into Railway Transport JSC with over VNĐ1.3 trillion (US$51.2 million) in capital will be completed by year-end.

The American Alliance for Solar Manufacturing Trade Committee requested to investigate a number of solar battery products under HS codes 8501.61.0000, 8507.20.80, 8541.42.0010 and 8541.43.0010.

There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the SBV bought for zero đồng.

The Vietnam National Oil and Gas Group (Petrovietnam) on May 4 held a ceremony to officially inaugurate the first phase adoption of Enterprise Resource Planning (ERP) system at its parent company - PVN.

The power can still be connected to the national grid but transmission can only priced at VNĐ0, a requirement that has sparked controversy with opponents saying the policy is counterproductive as a way of encouraging the public and businesses to participate.

Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.

Businesses are calling for a law with clear and detailed regulations on eco-industrial parks so as to encourage enterprises to invest in these types of parks.

Foreign investors also poured capital into the domestic market on Monday.

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).

Vietnamese businesses are taking part in the Foire de Paris (Paris Fair) in the capital of France, a showcase of culture and food from around the world that runs from May 1-12.

The current price is around VNĐ100,000 per kg in Central Highlands provinces, the coffee cultivation hub of Việt Nam.

On May 6, coffee prices stood at about VNĐ100,000  per kg, thus, they declined about VNĐ30,000 per kg in less than one week.

Bắc Ninh Industrial Parks attracted a total of US$997.1 million in foreign direct investment (FDI) capital and over VNĐ3.6 trillion in domestic capital in the first four months of this year.

Ending April, pepper exports reached 83,783 tonnes, worth $353 million, marking a decrease of 18.3 per cent in volume but an increase of 11.5 per cent in value year-on-year.

With the latest investments, Bà Rịa-Vũng Tàu is currently home to 474 FDI projects worth nearly $33.18 billion.

Tân Yên district’s government has prioritised the development of Dành Mountain ginseng with the goal of establishing it as a signature local product.