Hanoi firm with 6 staff members posts over $34mn profit over 2 years
EconomyHanoi Transformer Manufacturing and Electrical Material JSC (BTH) has reported nearly VND900 billion (US$34.17 million) in combined profit over the past two years despite employing only six staffers, according to its latest audited financial statements.
Vietnam emerges as hub for supply chain diversification: A.P. Moller - Maersk
EconomyVietnam is emerging as a key hub for global companies seeking to diversify their supply chains under the China Plus One (C+1) strategy, driven by U.S. and China trade tensions that continue to reshape global production and logistics networks, according to A.P. Moller - Maersk, a Denmark-based global logistics and shipping group.
Vietnam premier urges development of EV charging infrastructure in apartment complexes
EconomyPrime Minister Pham Minh Chinh has directed ministries, departments, and local authorities to accelerate the development of electric vehicle (EV) charging infrastructure in apartment complexes.
Vietnam’s Phu Quoc pledges to keep night market as key to island economy
EconomyAuthorities in Phu Quoc, a special zone administered by An Giang Province in southern Vietnam, have reassured vendors that the island’s popular night market will not be shut down, calling it a vital part of the local nighttime economy.
Vietnam’s Mekong Delta jackfruit farmers struggle amid price collapse
EconomyFarmers in Vietnam’s Mekong Delta are struggling as Thai jackfruit prices have plunged to just VND2,000-3,000 (US$0.07-0.11) per kilogram, the lowest in years, leaving many unable to cover production costs.
