NutiFood becomes major shareholder in Vinasoy's owner

NutiFood becomes major shareholder in Vinasoy's owner

The nutrition product producer NutiFood completed the purchase of additional two million shares in Quang Ngai Sugar JSC.
Building on the ASEAN Community

Building on the ASEAN Community

August 8 will mark ASEAN’s 55th anniversary of establishment and the end of last month marked 27 years since Vietnam joined the bloc. Minister of Foreign Affairs Bui Thanh Son writes about the journey of ASEAN development and Vietnam’s contributions to the organisation.
The Blockchain Bookshelf: A future technological foundation

The Blockchain Bookshelf: A future technological foundation

The Vietnam Blockchain Association and Alpha Books JSC revealed the Blockchain Bookshelf on August 5 in Hanoi following a strategic partnership agreement.
SABECO results brewing up success

SABECO results brewing up success

The return of international tourism and stronger consumer demand, as well as enhanced production and cost savings, has helped Saigon Beer Alcohol Beverage Corporation, known as SABECO, post successful results for its second quarter.
Vietnam spends $5 billion on coal imports

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.
4G/5G wireless networks driving digitalisation across industries

4G/5G wireless networks driving digitalisation across industries

People are seeing a massive digitalisation wave taking place across industries with reliable and secure connectivity serving as the foundation.
Demand for cotton forces adjustments

Demand for cotton forces adjustments

Yarn producers are worried about lingering challenges due to the limited supply and new risks in the cotton market.
US ratchets up origin-tracing on cotton materials

US ratchets up origin-tracing on cotton materials

Amidst the changing geo-political landscape, the traceability of cotton materials has become a top concern for textile exporters.
Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

The Vietnam Textile and Apparel Association has held a meeting with the US partners to discuss the enforcement of the Uyghur Forced Labor Prevention Act. Association chairman Vu Duc Giang shared with VIR’s Ky Anh the impact of the act on Vietnam’s garment exports to the United States.
Rough waters remain in fuel price pressure

Rough waters remain in fuel price pressure

Although the government is trying to reduce fuel prices, Vietnam’s producer and import prices are expected to continue rising, affecting domestic production and pressurising the government’s efforts to rein in inflation.
Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister Pham Minh Chinh has asked Samsung Electronics of the Republic of Korea to expand its operations in Vietnam during a reception for the group’s CEO Roh Tae-Moon in Hanoi on August 5.
Automobile sales down 42 per cent on chip shortage

Automobile sales down 42 per cent on chip shortage

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

Vietnam continues to be a safe destination for foreign investors as a result of its adaptable economic policies and successful vaccination campaign.
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