Vietnam News Economy

Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.

Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply for socio-economic development demand.

The complex will be comprised of a power plant, a port, a warehouse and a regasification system.

The stock market finished slightly higher on Wednesday, boosted by bottom-fishing demand after the strong correction from the previous session.

The bank achieved robust credit and funding growth, exceeding the industry average, along with improved asset quality and a strong, secure balance sheet.

The highly anticipated Vietnam Motor Show that opened in HCM City on Wednesday focuses on the latest advancements in green energy solutions, emissions reduction and safety technologies.

In September alone, China's lobster imports from Việt Nam surged 133.9 per cent against August and more than 20 times compared to September 2023.

The Saigon - Hanoi Bank (SHB) has expanded its 'supporting loan capital - steady long journey' programme from VNĐ11 trillion (US$433 million) to VNĐ16 trillion ($630 million), offering interest rates from 4.8 per cent per year.

Việt Nam's economy is projected to grow by 6.1 per cent next year, unchanged from the growth forecast for 2024.

Steel was one of the industries with the largest number of trade defence investigations, not only in Việt Nam, but also in the world.

Techcombank announced that pre-tax profit in the first nine months of this year reached VNĐ22.8 trillion, up 33.5 per cent over the same period last year.

There will be more opportunities for Vietnamese companies to connect and work with international businesses and engage more deeply in the global network to facilitate the transfer of technical know-how and in training a skilled labour force.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,269.89 points, down 9.88 points, or 0.77 per cent, recording its third consecutive decline.

Việt Nam is exerting efforts to create a regenerative tourism industry by incorporating practical green solutions and sustainable practices, experts said at a conference about regenerative tourism on the second day of GEFE 2024.

The Halal market is a new driving force in developing Việt Nam's relations with other countries, the PM said.

Petrovietnam's earned a total revenue of VNĐ736.5 trillion and contributed VNĐ115.2 trillion to the State budget in the first nine months of 2024, surpassing its annual targets by three to four months.

As one of the world’s leading biopharmaceutical companies, MSD (known as Merck & Co., Inc., Rahway, N.J., USA in the United States and Canada) says that its top priorities include access to health and environmental sustainability. Katharina Geppert, the newly appointed General Director of MSD Việt Nam, talked with Việt Nam News about MSD's nearly three-decade presence in Việt Nam.

As one of the world’s leading biopharmaceutical companies, the top priorities of MSD (known as Merck & Co., Inc., Rahway, N.J., USA in the United States and Canada) include access to health and environmental sustainability. Katharina Geppert, the newly appointed General Director of MSD Việt Nam talked with Việt Nam News about MSD's nearly three-decade presence in Việt Nam.

The price adjustment will see an increase of VNĐ50,000 per tonne for most companies, while The Vissai has set a smaller increase of VNĐ46,300 per tonne.

A trade promotion and business exchange workshop between Vietnamese and French enterprises was held in Paris on October 21 as part of the Vietnamese Goods Week in France.