steel producers report heavy losses for second consecutive quarter

Steel producers report heavy losses for second consecutive quarter

The 2022 fourth-quarter financial statements show Vietnam's five largest steel producers lost a combined total of more than $152 million due to declining prices and demand.
resilient and strategic breakthroughs

Resilient and strategic breakthroughs

Based on experiences and lessons learned last years to fight against the pandemic and struggling with the uncertainties of the world’s economy, Minister of Planning and Investment Nguyen Chi Dung told VIR’s Nguyen Huong about Vietnam’s strengths, and plans to reach the goals set forth on socioeconomic development, and enhance the efficiency of investment mobilisation.
husbandry groups tackle profit dips

Husbandry groups tackle profit dips

Amid difficulties in Vietnam’s husbandry market due to high costs and fierce competition, authorities recommend that livestock companies look outward to exporting markets.
garment and footwear exports hit new peak at 71 billion

Garment and footwear exports hit new peak at $71 billion

Despite orders in the last quarter dropping sharply, garment and footwear production still reported its highest figures of $71 billion in export turnover in 2022.
super rich grab half of all new wealth in past decade oxfam

Super-rich grab half of all new wealth in past decade: Oxfam

The richest 1 per cent has nearly doubled as much wealth as the rest of the world put together over the past two years.
retail sector exceeds pre pandemic performance

Retail sector exceeds pre-pandemic performance

A recent survey of retail businesses by Vietnam Report revealed that about 54 per cent of all retail enterprises reported business performance equalling to or exceeding pre-pandemic results.
sabecos together we make tet campaign delivers gifts to workers

Sabeco's 'Together We Make Tet' campaign delivers gifts to workers

The Ho Chi Minh Communist Youth Union in collaboration with Saigon Beer - Alcohol - Beverage Corporation (SABECO) and the Vietnam General Confederation of Labour held the "Together We Make Tet" campaign in Hanoi's Thong Nhat Park with the participation of numerous workers, employees, and union members on January 8, 2023.
all systems go for further mpi achievements in 2023

All systems go for further MPI achievements in 2023

With the formulation of a master plan for the country and each economic region, as well as determining the key focus to develop the country over the next few decades, the Ministry of Planning and Investment is making great contributions to national development.
potential for 66 per cent gdp growth in 2023

Potential for 6.6 per cent GDP growth in 2023

Overall growth momentum is likely to moderate further this year, as policy tightening from major central banks weighs on external demand. With that, UOB has kept its 2023 GDP growth forecast at 6.6 per cent.
legal streamlining required for business support package

Legal streamlining required for business support package

While businesses are thirsty for capital, removing legal obstacles is now essential to enable the confidence of businesses, commercial banks, and local authorities to unlock resources for growth and production.
herbalife nutrition celebrates 13th anniversary in vietnam

Herbalife Nutrition celebrates 13th anniversary in Vietnam

Premier nutrition company Herbalife Nutrition is celebrating 13 years of its presence in Vietnam and its unwavering commitment to helping people improve their nutritional habits and live healthier lives.
finding sustainable solutions to live with nature

Finding sustainable solutions to live with nature

The Biosphere Reserves Project was reviewed by the Ministry of Natural Resources and Environment (MoNRE) and the United Nations Development Programme (UNDP) on December 26 to look for sustainable solutions.
fdi inflows slightly decrease in 2022

FDI inflows slightly decrease in 2022

This year, the total foreign direct investment (FDI) inflows reported a decrease of 11 per cent, while disbursement saw an increase of 13.5 per cent compared to last year.
herbalifes success premised on improving nutrition for a healthier future

Herbalife's success premised on improving nutrition for a healthier future

Together with its distributors, Herbalife provides personalised solutions to help customers achieve their nutrition and wellness goals, contributing to a stronger and healthier generation of Vietnamese. Stephen Conchie, Herbalife's regional president for Asia-Pacific and China, told VIR’s Hara Nguyen about the company's journey in Vietnam and the positive impacts that they are driving for people and the planet.
amcham csr recognition for herbalife vietnam

AmCham CSR recognition for Herbalife Vietnam

Herbalife Vietnam was honoured to receive AmCham’s 2022 Corporate Social Responsibility (CSR) Recognition Award, spotlighting member companies with best-practice CSR programmes in Vietnam.