Vietnam News Economy

With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.

The annual Vietnam International Food Industry Exhibition (Vietnam Food Expo) that opened in HCM City on November 13 promises to help Vietnamese food businesses enhance their domestic and international market positions.

Bank credit growth has been steady in HCM City in recent months and will continue rising this year, according to the central bank.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased modestly by 1.22 points, or 0.1 per cent, to 1,246.04 points.

The relationship between HCM City and Kanagawa Prefecture, and Japan in general, has always been built and developed on a foundation of trust and goodwill for long-term cooperation.

In the first ten months of 2024, several provinces and cities in Việt Nam recorded remarkable improvements in import-export turnover.

The opening ceremony will take place at the Lóng Sập/Việt Nam – Pa Háng/Laos border area (near landmark 255), jointly organised and presided over by Sơn La and Hủa Phăn provinces.

Vice Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Hoàng Quang Phòng on November 12 urged Vietnamese representative agencies abroad to further support the business community during the process of international economic integration.

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.

The state budget revenue is over VNĐ1.966 quadrillion, while the total state budget expenditure is over VNĐ2.54 quadrillion. The budget deficit is VNĐ471.5 trillion, equivalent to 3.8 per cent of the country's Gross Domestic Product (GDP).

Việt Nam's digital economy is maintaining double-digit growth, driven mainly by e-commerce and online travel, according to a report released recently by Google, Temasek and Bain & Company.

Standard Chartered acted as the sole mandated lead arranger and bookrunner in a VNĐ2.5 trillion (US$100 million) maiden offshore syndicated loan transaction for Stavian Chemical Joint Stock Company (Stavian Chemical), opening up future opportunities for the company’s business growth.

The Ministry of Industry and Trade on November 12 announced the termination of anti-dumping duties on cold-rolled stainless steel products imported from China’s Taiwan, Indonesia, Malaysia and China.

Coca-Cola Beverages Vietnam, in collaboration with the Duyên Thái Women’s Union of Thường Tín District, Hà Nội, has launched the “E-Commerce Training for Traditional Lacquer Products for Women in Duyên Thái” project, aiming at boosting awareness of Duyên Thái's traditional lacquer products.

The UK is recognised as the second-largest exporter of financial services globally, while London serves as a global financial centre, hosting 170 banks and a multitude of fintech companies.

In recent years, the Vietnamese construction materials industry has encountered numerous challenges.

The issuance is expected to occur between 2024 and 2025, after completing the necessary registration procedures with regulatory authorities.

In ASEAN alone, Malaysia, Indonesia, the Philippines and Thailand have conducted 52 investigations into Vietnamese goods.

Market breadth was negative, with 189 stocks declining, 107 advancing, and 67 remaining unchanged. Liquidity saw a significant drop, reaching VNĐ14.2 trillion (US$560 million), down 27.5 per cent from the previous session.

Per capita GDP is hoped to stand at about US$4,900, the proportion of the processing-manufacturing industry in the GDP at about 24.1 per cent, and the consumer price index (CPI) increase at some 4.5 per cent.