Business News

The Vietage luxury railway carriage has made the shortlist for the 2021 Restaurant & Bar Design Awards in the ‘In Another Space’ category.  The Vietage combines old-world comfort, breathtaking views and gourmet dining to leave you inspired, refreshed and ready for your next destination.

The electronics industry is forecast to have a robust year, driven by the increase in demand for communication's products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.

Vietnam and the United States are expected to see their bilateral ties, especially in investment and trade, to escalate from this year thanks to the latter’s high-level visits to the former, with both nations expected to raise their relationship to a higher level.

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Việt Nam to support customers hit by the latest COVID-19 outbreak.

Gemadept Corporation, the owner of the largest Gemalink deep-water port in Vietnam, reported positive business results but negative cashflow in the first seven months of 2021.

1. HCM City landlords struggle to repay bank debts as rents dry up
2. Many banks have new leaders
3. Pawn shop chain to issue $17 million worth of bonds
4. Fertiliser price hikes concern farmers in Vietnam
5. Hanoi invests efforts in developing key industrial products
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1. Materials and spare parts supply
2. Watering Truck supply-bid extend
3. Plates Production System supply
4. Seeding machine supply-bid extend
5. Bridge spare parts manufacture-bid extend
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In the second quarter, the company gained a net revenue of VND66.4 billion ($2.89 million) and after-tax profit of VND19 billion ($826,090), respectively down 18 and 29 per cent on-year. Gross margin was down 2 per cent to 40 per cent.