Vietnam News Economy

Việt Nam consistently supports a multilateral trade system, with the World Trade Organisation (WTO) at its core, Minister-Counsellor, Deputy Permanent Representative of Việt Nam to the WTO Lê Đình Bá has said.

The shareholder list closure date and payment are scheduled for September and October.

On the southern bourse, market breadth was negative with 147 stocks declining, 142 advancing, and 67 remaining unchanged.

The Ministry of Finance will inspect four non-life insurance companies in 2024 to ensure adherence to mandatory motor vehicle insurance regulations.

A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of US$732 billion set in 2022.

More than 60 meetings were arranged between South Korean companies from the Free Trade Zone and Vietnamese importers in a trade promotion meeting taking place this week.

The Ministry of Construction has asked localities to impose stricter controls over prices of apartments and land, because of recent volatility.

August saw the highest number of new securities accounts opened in more than two years, dating back to May 2022.

The trade mission aims to connect with key importers via business-to-business meetings, and to gain insights into local and regional market conditions through site visits and discussions with industry experts and government officials.

Many banks have recently rushed to put up real estate collateral for sale to recover bad debts, but they are finding it difficult to sell the assets despite reducing prices.

Gold prices may see some minor increases in the coming months but in the long run, the precious metal will likely lose its appeal, said industry experts and policymakers.

The Ministry of Agriculture and Rural Development will give away the prestigious Livestock Industry Awards to celebrate excellence in all aspects of the industry, from creating new breeds to cutting-edge biosecurity solutions.

General Director of Savills Việt Nam Neil MacGregor said that since the beginning of this year, Việt Nam has emerged with a stable growth rate and is a favourite destination for diverse foreign direct investment flows from countries like Singapore, China and Japan.

Real estate revenue in HCM City reached VNĐ173 trillion (US$7 billion) in the first eight months of the year, up 6.1 per cent year-on-year, according to the HCM City Statistics Office.

A seminar aimed at bolstering Việt Nam - Maldives connectivity across various economic sectors took place in Male on September 10, coinciding with Vietnamese Ambassador Trịnh Thị Tâm presenting her credentials to Maldivian President Mohamed Muizzu.

It’s time for Việt Nam to raise measures to push back the influx of cheap imported goods, which is becoming a critical issue for domestic production, say experts

The country's logistics industry has recorded a growth rate of 13-15 per cent each year, making it an important service industry and boosting the nation's socio-economic development.

Last month, Sao Ta Foods saw a remarkable surge in production, to 3,450 tonnes of processed shrimp, up 74 per cent year-on-year. 

The tax increases on alcoholic beverages should strike a balance between curbing consumption to protect the public's health and crippling the beverage industry, said industry experts and policymakers.

According to data from WiChart, the SBV has maintained the buying rate at VNĐ23,400 per dollar since mid-May 2023.