Vietnam News Economy

Credit institutions are not allowed to offer promotional incentives in cash, interests or other forms, to lure depositors, according to recently issued circulars on interest rates for deposits in Vietnamese đồng and US dollar.

After years of disruption due to COVID-19, conflicts, and inflation, global markets are stabilising, allowing Việt Nam's fishery exports to regain momentum.

As Hà Nội commemorates 70 years of liberation, the city is embarking on a transformative journey, focusing on circular and innovative growth to secure a sustainable future that aligns with global development trends.

Despite being the world's third-largest rice exporter, Việt Nam has spent nearly US$1 billion on rice imports in the first nine months of 2024. The increase in rice imports is driven by a shift in rice cultivation trends.

Geoffroy Roux De Bezieux and representatives of MEDEF member businesses appreciated Việt Nam's interest in the Francophone community and introduced the strengths of their companies as well as their desire to cooperate with Việt Nam.

Despite a 3.02 per cent decrease from the previous quarter, VPS Securities maintained its lead on HNX with a market share of 21.18 per cent.

The top leader affirmed the huge potential and close cooperation between Việt Nam and France as well as the Francophonie community as a whole will open up new chapters in their collaboration, contributing to the development of enterprises and each nation.

The industry could be a new growth direction for businesses based on creativity and copyright.

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the day at 1,270.6 points, down 7.5 points, or 0.59 per cent, marking its third consecutive decline.

The Cửu Long (Mekong) Delta province of Bến Tre has approved six projects with a total capital of nearly VNĐ8 trillion (US$322 million).

The Trade Remedies Authority of Việt Nam (TRAV) under the Ministry of Industry and Trade said it has received information about the Department of Foreign Trade of Thailand posting a gazette on the initiation of an anti-dumping investigation into cold-rolled stainless steel products originating or imported from Việt Nam.

Prime Minister Phạm Minh Chính has asked entrepreneurs and businesses to pioneer in five aspects to grow together with the country while hosting a delegation of entrepreneurs and representatives from businesses in Hà Nội on Friday on the occasion of the Việt Nam Entrepreneurs Day.

Samsung Vietnam on Friday announced the grand opening of Samsung West Lake, a new retail store at Lotte West Lake in Hà Nội. This marks a significant milestone in Samsung’s journey to deliver exceptional experiences to customers.

The Việt Nam National Authority of Tourism said Việt Nam welcomed more than 11.4 million foreign arrivals during January – August, a year-on-year increase of 46 per cent. The RoK continued to be Vietnam’s largest source market of tourists with more than three million travellers over the eight-month span.

For 2024, the National Assembly has assigned the GDVC to collect VNĐ375 trillion for the state coffer, with VNĐ204 trillion expected from import-export activities.

The Agency for Enterprise Development (AED) and the United States Agency for International Development (USAID) conducted the Vietnam ESG Initiative 2024 Award Ceremony and Introduction of Instruments for Environmental, Social and Governance (ESG) Practices in Enterprises on October 3 in Hà Nội.

As part of the MOU, Castlelake, a global alternative investment manager specialising in asset-based investing, intends to provide financing for four new Airbus A321neo aircraft under Vietjet’s existing order with Airbus.

A close inspection showed that there was no indication of where they were made.

Chính asked them to renew traditional growth engines, utilise new boosters, and participate in newly-emerging trends and areas of the world.

The agricultural sector has enjoyed a trade surplus of US$13.86 billion.