Vietnam’s retail sales forecast to reach 350 billion USD by 2025

Vietnam’s retail sales forecast to reach 350 billion USD by 2025

The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
Starbucks profit rises despite hit from China

Starbucks profit rises despite hit from China

Starbucks reported higher quarterly profits Thursday, fueled by solid North American growth that compensated for continued weakness in China due to Covid-19 restrictions.
SABECO gains peak profits over the last six years

SABECO gains peak profits over the last six years

The successes in 2022 continue to open up opportunities for Saigon Beer-Alcohol-Beverage Corporation (SABECO) to reach new heights this year.
Google, Apple disappoint as tech earnings hit by gloom

Google, Apple disappoint as tech earnings hit by gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.
Vietnam collects $78 million in tax from foreign tech giants in 2022

Vietnam collects $78 million in tax from foreign tech giants in 2022

Vietnam collected VND1.8 trillion ($78.26 million) in tax from cross-border platforms, such as Google, Meta, Netflix, and TikTok in 2022, according to the General Department of Taxation.
Fruit exports to China increase sharply

Fruit exports to China increase sharply

The recovery of exports to China will contribute to boosting Vietnam's fruit and vegetable industry in 2023.
Businesses exporting medicinal herbs to China required to register

Businesses exporting medicinal herbs to China required to register

Vietnamese businesses which want to export medicinal herbs to China must submit information about growing areas and packaging establishments to the provincial Departments of Agriculture and Rural Development.
Internet slows as four out of five submarine cables suffer disruptions in unprecedented incident

Internet slows as four out of five submarine cables suffer disruptions in unprecedented incident

Vietnamese internet service providers have confirmed that four out of five submarine internet cables that connect the country to the world are experiencing issues, seriously affecting performance and reliability.
2023 - Time for edtech to thrive in Vietnam

2023 - Time for edtech to thrive in Vietnam

Experts are positive about the development of Vietnam’s education technology (edtech) market in 2023 if local edtech companies can overcome post-pandemic challenges.
Imperative to troubleshoot corporate bond bottlenecks

Imperative to troubleshoot corporate bond bottlenecks

Nguyen Van Than, member of the National Assembly Economic Committee, highlights the need to tackle the obstacles in the corporate bond market quickly.
Steel producers report heavy losses for second consecutive quarter

Steel producers report heavy losses for second consecutive quarter

Vietnam's five largest steel producers report combined losses of more than $152 million for the last quarter of 2022.
Dabaco sets ambitious target despite recent setbacks

Dabaco sets ambitious target despite recent setbacks

Dabaco Group has set an ambitious revenue target despite recent underwhelming results.
Masan posts net revenue of $3.25 billion in 2022

Masan posts net revenue of $3.25 billion in 2022

Masan Group Corporation posted net revenue of $3.25 billion in 2022, according to its unaudited management accounts for the financial year 2022.
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