Vietnam News Economy

The 9th Vietnam International Two-Wheel Exhibition (Vietnam Cycle 2024) will take place from September 26 to 28 at the Saigon Exhibition and Convention Center in HCM City.

The Hà Nội Department of Agriculture has assisted companies in enhancing production capacity and implementing advanced quality management systems to ensure food safety.

The country’s gross domestic product (GDP) is predicted at 6.5-7 per cent in the first scenario and 7-7.5 per cent in the second.

Major challenges are forcing agricultural production towards a more sustainable development and lower emissions.

Following a steep drop at the beginning of the week, the market saw a strong rebound on Tuesday, with the VN-Index rising by nearly 20 points, as foreign investors continued their net buying activity.

A master plan to develop the province will cost around VNĐ400-450 trillion (US$16-18 billion) from now until 2030.

The State Bank of Việt Nam (SBV) on Tuesday reduced the interest rate on the open market operation (OMO) channel from 4.25 per cent to 4 per cent per year.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) and Proparco, a French development finance institution, have signed a credit facility worth US$50 million in HCM City on September 16.

Firms operating in industrial parks in Bình Dương Province know just how important it is to operate in an environmentally friendly manner. But many face obstacles to achieving their green goals.

Japanese firms Sun Frontier and Cosmos Housing have started construction of two property projects in the beach city, sparking the recovery of the deadlocked real estate market.

HCM City will implement a plan to support small and medium-sized enterprises with digital transformation to create a new growth driver for them while boosting socio-economic development, a conference has heard in HCM City.

Banks must send the information via the SBV’s information system to help prevent possible fraud in payment activities, before the tenth day of each month.

With a sharp depreciation of the US dollar against the Vietnamese đồng, the State Treasury has continuously bought large amounts of the greenback from commercial banks

There is untapped and plentiful potential for the beauty and personal care market in Việt Nam to significantly grow and opportunities for cooperatives remain huge.

BIDV has recently launched a credit package of up to VNĐ10 trillion for enterprises to invest in new green projects.

Detailed policies to support businesses in the north to restart production after Typhoon Yagi, need to be set up as matter of urgency.

Building infrastructure to attract investment and operating border gates on digital platforms are the focuses of northern provinces to develop the gates into key economic zones, while ensuring security and defence.

According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), in the first eight months, the seafood export value reached nearly US$6.3 billion.

Unseasonable weather has severely affected the farming of many fruits and vegetables in the south.

The stock market started the mid-September trading week with a significant drop, as the majority of blue-chip stocks declined, though liquidity increased.