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Trillion-VND club: real estate firms lead, banks account for half of members

Vinhomes has seen its profit decrease but it still leads the ‘trillion-VND club’, or the group of businesses with more than VND1 trillion worth of profits. Hoa Phat steel mill and Binh Son refinery has had the most outstanding growth among the group.

Vietnam needs to remove barriers to pave way for gaming industry

The Ministry of Information and Communications (MIC) plans to establish a ‘Game Hub’ to connect game makers and will organize short- and long-term training courses as part of a gaming industry development strategy.

The concerns of State President Vo Van Thuong

Discussing socio-economic conditions in 2023 at the ongoing National Assembly session, State President Vo Van Thuong said there are many policies which people have put high hopes on, but implementation has been very slow.

Puppy slaughterhouse owner calls it a day

For the past seven years, business has been good – with Kieu Viet Hung earning between VND 50 and 60 million a month. But, making a living doing something most people find abhorrent, Hung was faced with a crisis of conscience.

Vietnam’s higher education: from blackboard and white chalk to digital lectures

Over the last 20 years, together with the traditional teaching model with blackboard and white chalk, a new university system has been developing – the digital university.

Masan’s president no longer dollar billionaire, assets drop

The stock assets of Nguyen Dang Quang, president of Masan Group, have fallen to below $1 billion. Several other billionaires have also lost billions of dong following the sharp falls of the VN-Index recently.

Vietnam's semiconductor chips' performance equal to 90% of foreign-made ones

FPT Semiconductor CEO Nguyen Vinh Quang says that Vietnam is capable of making chips with a performance equal to 90 percent and a production cost of 50-60 percent of foreign-made products.

Van Phuc Silk Village celebrates timeless craft

The silk produced in Van Phuc is famous for its exceptional quality, unique colors, and traditional floral pattern designs.

How did Trinh Van Quyet become a billionaire?

Trinh Van Quyet, before being arrested for suspicion of stock market manipulation, became the richest Vietnamese businessperson after ROS shares rose from nearly zero to hundreds of thousands of dong per share.

Vietnam’s economy: 6.5% growth rate target maybe unattainable

Economic indicators and management issues will be discussed at the ongoing National Assembly session to find solutions to growth and development.

Small companies report losses, big players see profit decreases

2023 has been a tough year for many companies reporting business result declines. Even bluechips have seen prices sliding though the market is believed to have bottomed out.

VN steel industry: giants make big profits, small players suffer

The steel industry is expected to see an explosive recovery in 2024, but profits won’t be delivered to all. While big players earned trillions of dong in the third quarter in 2023, most small players reported losses.

Real estate firms attract trillions of VND, bond market faces less pressure

Many real estate firms have issued corporate bonds to mobilize trillions of dong worth of capital to pay bond debts. Some of them want to finalize all debts, while others need more time for restructuring.

Vietnam’s deep-tech firm attracts investments from financiers

Despite the difficulties of the world economy, Earable Neuroscience can attract investment. The secret lies in the product's application of exclusive core technology and its ability to meet the needs of the sleep tech device market.

Businesswoman desires to develop local ginseng into national brand product

Kim Dung recently won the second prize at the 2023 National Women's Startup Contest organised by the Vietnam Women's Union with her ginseng startup project.

The village in Vietnam where 210 doctorate holders were born

Hanh Thien Village in Xuan Hong commune in Xuan Truong district in Nam Dinh province has had many famous scholars at high education levels in different fields.

Phu Quoc: one of world’s top destinations, but Vietnamese are not visiting

Phu Quoc Island has been praised by international mass media as a ‘rising star’ in the world’s tourism map. However, the number of domestic travelers to the island has dropped sharply compared with 2022.

Pagoda head monk educates students who become scientists, businesspeople

Pitu Khosa Rangsay, the most beautiful pagoda in Can Tho City, is famous for educating thousands of poor students who later have become eminent citizens.

The woman who takes care of 14,000 graves for children

The home of Pham Thi Kim Loi, 39, in Vinh Ngoc commune in Nha Trang City leans against a mountain. From her home, one can see a large cemetery with colorful graves lying in rows.

SBV withdraws VND230 trillion, dollar price under pressure

Analysts say that the dong/dollar exchange rate is still ‘volatile’ despite the central bank’s recent strong intervention. However, the State Bank (SBV) has efficient tools to maintain the exchange rate and interest rate stability.