Some of Việt Nam’s top architecture firms and property developers received the annual BCI Asia Awards for 2020 and 2021

Thanks to a scheme for State-owned enterprise (SOEs) restructuring during 2016-2020, many unprofitable plants have been reinvigorated, according to reports.

Food producer KIDO Group has announced targets for this year, including a one-third jump in net revenues to VNĐ14 trillion (US$615.5 million).

A report by Nextrans said that there are about 3,800 startups in Việt Nam, of which four are unicorns and 11 are valued at over US$100 million.

After starting operations in 2014 and being acquired by Masan in 2019, WinCommerce (WCM) is currently the largest modern retailer in Việt Nam with nearly 3,000 WinMart/WinMart+ supermarkets and stores in 60 of the country’s 65 provinces and cities.

Although the Lunar New Year (Tet) is nearing, long queues of people are no longer seen at automated teller machines (ATMs) like in previous years. Instead, online transactions on banking applications are facing difficulties, with network congestion frequently reported by users.

Vietnam’s seaports are projected to handle more than 60 million tonnes of goods in the first month of 2022, equivalent to the same period last year, announced the Vietnam Maritime Administration (VMA).

Vietnam exported a total of 453.1 million medical face masks of all kinds in 2021, according to the General Department of Vietnam Customs (GDVC).

Florists are paying more attention to selling online for Tết this year since the COVID-19 pandemic means customers are unwilling to visit shops.

The Vietnamese automotive market is expected to rebound this year, returning to its growth track after sluggish sales in 2021, according to industry insiders.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,062 VND/USD on January 24, down 15 VND from the last working day of previous week (January 21).

The Vietnamese automotive market is expected to rebound this year, returning to its growth track after sluggish sales in 2021, according to industry insiders.

The total tax debt under the management of tax authorities is estimated at VNĐ104 trillion (US$) as of December 31 last year, a year-on-year increase of 9.3 per cent.

Thanks to a scheme for state-owned enterprise restructuring during 2016-2020, many unprofitable plants in SOEs have been reinvigorated.

Recent property firm scandals have shaken the stock market, blowing tens of trillions of Vietnamese đồng and making investors feel the pain of loss when the market was in free fall.

Logistics costs continued to skyrocket as demand soared while supply remained limited at least until the end of this year, said industry experts and businesses.

Securities companies reported huge revenues and profits last year on the back of impressive growth by the stock market.

With a solid financial foundation, bright prospects in the medium and long term, stocks of renewable energy companies are attracting more and more investors.

Many securities companies recommend investors cautiously disburse capital investments as the market has not been bullish, but some still believe that before the Tết holiday may be an opportunity to increase stock proportions in their portfolios.

The Central Highlands province of Lam Dong eyes to welcome 5 million visitors, including 150,000 foreigners, this year, heard at the conference held by the provincial Department of Culture, Sports and Tourism on January 23.