Vietnam News Economy

It plans to invest nearly VNĐ1 trillion (US$39.4 million) to boost its stake in two companies in the next two months. 

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index rose by 2.05 points, or 0.16 per cent, closing at 1,254.77 points, ending VN-Index’s two-day losing streak.

Prime Minister Phạm Minh Chính received Yusuff Ali Musaliam Veettil Abdul Kader, Chairman and Managing Director of LuLu Group International, in Abu Dhabi on October 27, as part of his official visit to the United Arab Emirates (UAE).

Prime Minister Phạm Minh Chính attended the Việt Nam- United Arab Emirates (UAE) business roundtable in Dubai on October 28 (local time), focusing on digital transformation, green transition, innovation, and creativity.

The fund will prioritise projects in artificial intelligence (AI), semiconductor, cloud computing and high technology products.

The delisting will be effective from 1 November 2024, with the final trading date set for 10 November.

The Ministry of Industry and Trade’s recent document about strengthening management on e-commerce says consumers should not have transactions with platforms which have not been verified by the Ministry of Industry and Trade.

Hà Nội will organise two big exhibitions to promote the development of supporting industry in 2025, according to a plan recently issued by the municipal People’s Committee.

Trà Vinh is the second-largest coconut growing area in the country, producing around 444 million coconuts every year.

The transaction value for the shares is VNĐ237 billion (US$9.3 million), priced at VNĐ10,000 per share.

Việt Nam remained Singapore's 5th largest exporter of aquatic products for three straight quarters, the Việt Nam Trade Office in the city-state has said.

The route will offer a new option for passengers in addition to the current four between Việt Nam and Cambodia, including HCM City - Phnom Penh; Hà Nội, and HCM City - Siem Reap, and one trans-Indochina route.

Building a circular economy should be among Việt Nam’s top priorities, according to economists and environmental experts, who were speaking during a workshop organised by the European Chamber of Commerce in Vietnam (EuroCham Vietnam) and the Ministry of Industry and Trade in HCM City last week.

The Việt Nam Hardware & Hand Tools Expo (VHHE) will be held on December 5-7 at the Saigon Exhibition and Convention Centre in HCM City with 400 exhibitors from 15 countries and territories showcasing more than 1,000 products and a number of prominent brands.

VinFast's presence in the UAE to introduce EV models not only demonstrates the vision of a pioneering enterprise, but also clearly shows Việt Nam's determination and desire to rise.

In May, SBV launched an inspection campaign focussing on law compliance of gold trading enterprises, part of efforts to narrow the gap between international and domestic gold prices.

The HCM City Department of Industry and Trade has said it plans to inspect businesses that sell on online platforms and show signs of violating regulations.

Clause 5 of Article 15 of the Law on Credit Institutions, which took effect from July 1 this year, prohibits banks from ‘linking’ the sale of non-mandatory insurance products with the provision of banking products or services, in any form.

Faced with market challenges and a lack of coordination across supply and creative chains, Việt Nam’s handicraft export value in 2024 is expected to reach only US$2 billion.

The Ministry of Finance has proposed amending a regulation in order to help secure a Vietnamese stock market upgrade to an emerging market.