Vietnam News Economy

After a volatile trading week, the stock market continued to decline on Monday. However, demand picked up in later sessions, focusing on large-cap stocks as liquidity recovered. Consequently, both the VN-Index and HNX-Index ended higher than the previous week.

HDBank will also implement a 1 per cent reduction in interest rates for existing loans that support customers’ production and business activities. 

GRECO 2024 has attracted over 200 local and foreign exhibitors with around 300 booths, displaying nearly 8,000 products and solutions that drive green growth.

The PM asked banks to give accurate and fair assessments regarding the monetary policy and macroeconomic management of the Government and the State Bank of Vietnam and to propose tasks and solutions on monetary policy in the coming time.

The trip by Party General Secretary and State President Tô Lâm, his spouse, and a high-ranking delegation of Việt Nam to attend the United Nations Summit of the Future and the 79th session of the UN General Assembly (UNGA 79), and hold working sessions in the US is expected to bring new opportunities for the Việt Nam-US trade ties.

Chairing a meeting between Cabinet members and leaders of twelve leading private economic groups and enterprises on measures to boost the country's socio-economic development, the PM stressed the Party and State's great attention to private businesses, which he described as an important driving force for the growth of the national economy.

According to data from the General Department of Customs, Việt Nam's exports to the Philippines in the first eight months of 2024 amounted to US$4.07 billion, up 17 per cent year-on-year.

The event, hosted in Hà Nội, was attended by representatives from the Ministry of Information and Communications, technology experts, and over 400 delegates, including business leaders and professionals from digital technology companies.

Việt Nam as a co-chairman of the 28th Meeting of the ASEAN Senior Level Committee for Financial Integration, is working with other member countries in strengthening co-operation and integration with regional and international partners.    

One year after the official rollout of CBAM, Vietnamese business awareness regarding the mechanism still remains limited.

Reducing plastic packaging to reach carbon neutrality by 2050 requires not only efforts within each business, but also collaboration among businesses from different sectors.

Experts discuss the business community's efforts to pave the way for green transformation, aiming for net-zero emissions by 2050 in Việt Nam.

However, many businesses face challenges in fulfilling the Government's requirement for greenhouse gas inventories.

A specific regulatory framework for renewable energy development is needed to encourage private capital flows into this sector in Việt Nam, including HCM City, a forum heard in HCM City on September 20.

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose by 0.77 points, or 0.06 per cent, to close at 1,272.04 points, marking its fourth consecutive session of increases.

A highlight of the festival will be a live stream session on the TikTok channel 'Chợ phiên OCOP' (OCOP Market) on October 4.

Seven traders, including the Việt Nam Sugar Joint Stock Company, were allocated import quotas at an auction in Hà Nội on Friday.

The whole year's turnover of rubber exports is forecast to reach $3 - 3.5 billion

The flooding situation during heavy rains has been included among eight criteria for the pricing of non-agricultural land in Hà Nội, according to a recent decision of Chairman of the municipal People’s Committee Trần Sỹ Thanh.

Vietnam Bank for Social Policies has extended loans and adjusted the debt terms for payments in September for people affected by Typhoon Yagi.