Vietnam News Economy

The new land price frameworks, introduced under the 2024 Land Law, aim to align land prices with market values, but sudden price hikes in some areas have raised concerns in the real estate sector.

An alarming 22 per cent of corporate bonds maturing in January 2025 are at risk of defaulting on principal payments, according to a report from VIS Rating.

According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased mobilisation interest rates to attract idle cash flow from the population.

Minister of Planning and Investment Nguyễn Chí Dũng has unveiled plans to establish two financial centres, one at the international level in HCM City and one at the regional level in Đà Nẵng City.

At the complex, a Vietnamese language centre has been maintained for 22 years, teaching Vietnamese for thousands of children of Vietnamese families in the Czech Republic, based on textbooks from the Ministry of Education and Training of Vietnam and compiled by teachers here. Currently, there are four classes held on weekends.

The recent surge in acquisitions by BAF Vietnam underscores its commitment to expansion within the livestock industry.

Việt Nam’s stock market staged a strong rebound last week, recovering after two weeks of consecutive declines that had wiped more than 40 points from the VN-Index.

The province also expect three industrial zones - Nhơn Hòa, Nhơn Hội A and the first phase of Hòa Hội - will be fully occupied by the year-end.

The IPC forecasts that global pepper production in 2025 will continue to decline, due in part to the lower economic efficiency of pepper compared to other crops, leading many farmers to no longer choose pepper as a primary crop.

Following the transfer, DongA Bank will operate as a single-member limited liability bank fully owned by HDBank, ensuring all rights of depositors and customers are upheld.

The project, initiated in 2021, has a capacity of 1.2 million egg-laying chickens and 400,000 replacement pullets, producing over 375 million eggs annually.

The facility represents a US$20 million investment and spans 13,650 square metres. The project received its investment certificate in July 2023 and was completed within 18 months, including construction, installation, and operational safety preparations.

The beach city of Đà Nẵng has signed a series of MoUs with training and investment partners and investors, and officially inked deals on friendship and co-operation relations with Genoa City, Italy and Aktau City, Kazakhstan.

Recent adjustments to Việt Nam's economic growth forecasts from major financial institutions highlight growing confidence in the country's economic trajectory.

Building international financial centres in Đà Nẵng and HCM City is a strategic decision for Việt Nam boosting fast and sustainable economic growth, while the two key urban have a full advantage for making the plan successfully.

PM Chính assured that the Vietnamese Government will serve as a facilitator and leader, establishing policies and creating a foundation of trust for them to collaborate and thrive.

However, foreign investors continued to net sold a large amount of over VNĐ480 billion (US$19 million) on the two main exchanges.

The Cần Giờ International Transshipment Port will be developed on the Gò Con Chó islet in HCM City's Cần Giờ District, covering an area of about 571 hectares.

Chief of the Central Coordination Office for New Rural Development, Ngô Trường Sơn, said that Việt Nam now has 14,642 OCOP products rated three stars or higher, an increase of 3,586 compared to the end of 2023.

Last year, two-way trade volume reached US$3.4 billion, a year-on-year increase of 21.7 per cent.