Tsmc to post revenue growth through 4q18

Generali Vietnam introduces services to customers. The company reported a positive business result in the first quarter of this year. — Photo Courtesy Generali Vietnam Insurer Generali posted positive growth in the first quarter of this year, highlighted by gross written premiums increasing by 6.1 per cent to 22.3 billion euros (US$23.4 billion). In its latest announcement, the company confirmed that “business development in the most profitable segments demonstrates the group’s ability to consistently generate value, while maintaining a solid and industry-leading capital position.” Operating results rose to 1.6 billion euros ($1.7 billion), up by 1.1 per cent, thanks to the positive performance of the life, property and casualty (P&C), holding and other businesses segments. The life segment showed an increase in its operating result by 7.2 per cent and confirmed excellent profitability, with the new margin at 4.94 per cent. The operating result of the P&C segment … [Read more...] about Generali announces positive growth in Q1

A series of measures for flexible and safe adaptation to the Covid-19 pandemic helped ensure Hanoi’s speedy socio-economic recovery. Hanoi’s gross regional domestic product (GRDP) in the first six months of 2022 is estimated to expand by 7.79%, representing a 1.29-fold increase against the same period of last year, according to the municipal People’s Committee. Production at Dong Anh C&F Company. Photo: Duy Khanh “A series of measures for flexible and safe adaptation to the Covid-19 pandemic helped ensure Hanoi’s speedy socio-economic recovery,” stated the authorities’ report. To date, 99.9% of locals above 18 years of age and children aged 12-17 have been vaccinated with the second dose, while in those aged 5 to 12, the rate is 70%. According to the municipal authorities, the high vaccination rate has been one of the key factors for Hanoi to reopen its economic activities and lay the foundation for growth. During the six months, the city’s state … [Read more...] about Hanoi GRDP growth hits 7.79% in first half

At the event (Photo: VNA) Seoul (VNA) – Vietnam and the Republic of Korea (RoK) need to beef up cooperation and investment in the post-COVID-19-pandemic period, said Joo Si-bo, president of the RoK-Vietnam economic cooperation association, at a conference in Seoul on June 24. Co-organised by the Vietnam Chamber of Commerce and Industry ( VCCI ) and the Korean Chamber of Commerce and Industry (KCCI), the event promoting Vietnam’s business climate took place as part of activities marking the 30th anniversary of the countries’ diplomatic relations. In his opening speech, Joo Si-bo suggested a series of potential fields for bilateral collaboration such as public healthcare, smart city development, the digital economy, and green industries. VCCI Chairman Pham Tan Cong said over the past 30 years the chamber has actively worked with RoK partners, particularly the KCCI, to hold similar events. During the discussions, representatives of Vietnamese and RoK businesses … [Read more...] about Vietnamese, RoK firms advised to team up for post-pandemic recovery

In the framework of the conference, investors raised many questions about the procedures for receiving investment licences, investment opportunities, and solutions to deal with difficulties, and all of them received satisfactory answers. The organising board also organised two press corners to clarify more information about the strengths of the provinces and the efforts to reform policies. Speaking at the conference, Hoang Thi Thuy Lan, Secretary of Vinh Phuc Party Committee said that direct investment projects and projects from Japanese investors contributed an important role in fostering the province’s socioeconomic growth, simultaneously laying the foundation for tightening the relationship between the two countries. “The investments of Toyota and Honda in Vinh Phuc, which were two of the first Japanese investors, established a solid foundation for the economic cooperation between the province and Japan. The two parties expanded the cooperation to other sectors, such as trade, … [Read more...] about Vinh Phuc attracted 700 delegates to conference on Vietnam-Japan ties

Hanoi has 141 models of farm chain, according to the Hanoi Department of Agriculture and Rural Development. Hanoi is extending support to local businesses and cooperatives in putting agricultural products on the e-commerce platforms, as well as boosting trade promotion activities, according to the Hanoi Department of Agriculture and Rural Development. A staff is guiding a Bac Giang's farmer to post lychees on the e-commerce site. Photo: Vietnam Post In Chuong My District, the Thang Long High-tech Agriculture JSC faced difficulties with selling Solanaceae, so it turns to new sales channels such as Facebook and Zalo for better consumption. Phan Trung Kien, Director of the Thang Long High-tech Agriculture JSC said: “Since the company put its products on online sales sites and e-commerce platforms, they are better known and easily approached by a huge number of local consumers.” The company grows solanum Hainanese hance in an area of 20ha, the largest in the … [Read more...] about Hanoi promotes consumption of agricultural products on e-commerce sites

Being UAE’s most valuable brand certified by Brand Finance, the company expressed its intention at a conference to cement its footprint in the Vietnamese market. To facilitate the goal, the company has inked a deal with its local distributor Redachem Vietnam to unveil its ADNOC Voyager lubricant brand in Vietnam, which can be used for passenger cars, motorbikes, trucks, industrial lubricants, marine oils, and special lubricant products. The brand is not only suitable for many types of super-car engines but also safe for users on all roads. According to statistics of the Vietnam Petroleum Association, the country's lubricant industry posted an annual growth rate of 8-10 per cent with the consumption of 90,000 tonnes of lubricants per year. More than half of lubricants are consumed in the southern market, while the rest is consumed in the north and a few in the central region. Ranjan Guha, department manager of International Sales at ADNOC Lubricants Division of ADNOC … [Read more...] about Abu Dhabi National Oil Company’s lubricants make its foray into Vietnam