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UK stands ready to boost Việt Nam's international financial hub

Vietnam News Economy - Wed, 11/13/2024 - 10:41
The UK is recognised as the second-largest exporter of financial services globally, while London serves as a global financial centre, hosting 170 banks and a multitude of fintech companies.

Construction materials industry's revenue to reach $47 billion

Vietnam News Economy - Wed, 11/13/2024 - 09:40
In recent years, the Vietnamese construction materials industry has encountered numerous challenges.

Đèo Cả to raise over $16.4 million from private placement

Vietnam News Economy - Wed, 11/13/2024 - 08:44
The issuance is expected to occur between 2024 and 2025, after completing the necessary registration procedures with regulatory authorities.

Protectionism still a barrier for VN’s exports

Vietnam News Economy - Wed, 11/13/2024 - 07:39
In ASEAN alone, Malaysia, Indonesia, the Philippines and Thailand have conducted 52 investigations into Vietnamese goods.

Market mixed as foreign bloc carries on selling

Vietnam News Economy - Wed, 11/13/2024 - 06:43
Market breadth was negative, with 189 stocks declining, 107 advancing, and 67 remaining unchanged. Liquidity saw a significant drop, reaching VNĐ14.2 trillion (US$560 million), down 27.5 per cent from the previous session.

Parliament targets 2025 growth rate of 6.5-7%

Vietnam News Economy - Tue, 11/12/2024 - 20:49
Per capita GDP is hoped to stand at about US$4,900, the proportion of the processing-manufacturing industry in the GDP at about 24.1 per cent, and the consumer price index (CPI) increase at some 4.5 per cent.

Dual transition is an inevitable trend for Vietnamese business

Vietnam News Economy - Tue, 11/12/2024 - 17:51
Dual transition is an inevitable trend that the Vietnamese business community needs to grasp in the coming years, participants heard at the annual Sustainable Development Conference held by the Đầu tư (Vietnam Investment Review) Newspaper on November 12.

Conference hails HCM City as potential international transshipment hub

Vietnam News Economy - Tue, 11/12/2024 - 17:32
HCM City has huge potential due to its strategic location to develop transshipment ports for oversized and heavy cargo from around the world, a conference has heard in HCM City.

Middle Eastern investment fund becomes major shareholder in Văn Phú - Invest

Vietnam News Economy - Tue, 11/12/2024 - 17:25
Through its member fund VIAC Limited Partnership, the Oman National Investment Committee has become a major shareholder, controlling 9.3 per cent of the shares of Văn Phú - Invest.

New FDI capital invested in Bà Rịa–Vũng Tàu doubles by October

Vietnam News Economy - Tue, 11/12/2024 - 15:38
By the end of October, the province saw 490 FDI projects operating, with a total registered capital of over US$33.3 billion.

Agriculture, craft village festival to be held in Hà Nội

Vietnam News Economy - Tue, 11/12/2024 - 14:47
Visitors will have the opportunity to explore the agricultural culture of Hà Nội and purchase high-quality products with traceable origins.

PVI Insurance strengthens global ties at the 20th SIRC

Vietnam News Economy - Tue, 11/12/2024 - 14:41
PVI Insurance leaders recently participated in the 20th International Reinsurance Conference (SIRC), held from November 5 to 8 at the Sands Expo and Convention Centre, Marina Bay Sands, Singapore.

VinFast becomes the top market share car brand in Việt Nam

Vietnam News Economy - Tue, 11/12/2024 - 14:36
VinFast has announced the delivery of over 11,000 electric vehicles (EVs) to customers in October 2024, bringing the cumulative total to more than 51,000 vehicles.

Bắc Giang prioritises high-tech FDI projects, services industry

Vietnam News Economy - Tue, 11/12/2024 - 11:24
The province has attracted 601 foreign-direct investment (FDI) projects valued at US$12.3 billion to date.

KIDO owns nearly 75.4% stake in Hùng Vương Plaza

Vietnam News Economy - Tue, 11/12/2024 - 10:57
This transaction aligns with KIDO's pattern of acquiring companies with strong brand value and growth potential.

Farm projects grab top honours at annual green startup competition

Vietnam News Economy - Tue, 11/12/2024 - 10:33
A project that makes a range of nutritious cassava-based baked goods by Mai Tuấn Anh of HCM City won the first prize of VNĐ60 million (US$2,373) at the final round of the Green Startup and Sustainable Development Projects/Ideas Competition 2024 in group A (for projects under one year).

Specific policies proposed for North-South high-speed railway project

Vietnam News Economy - Tue, 11/12/2024 - 10:12
The project is expected to be 1,541km long, with a design speed of 350km per hour. The construction is due to start in 2027 and completed by 2035.

State Treasury raises over $1.2 billion from government bonds in October

Vietnam News Economy - Tue, 11/12/2024 - 09:45
10-year bonds makes up the largest share at 78 per cent (equivalent to approximately VNĐ24 trillion).

Hà Nội to host large-scale international fair for key industrial products in 2025

Vietnam News Economy - Tue, 11/12/2024 - 09:43
The city will also organise a conference to connect 50-70 leading industrial product manufacturers with local universities and vocational training institutions.

New policy drafted to help non-bank credit institutions develop further

Vietnam News Economy - Tue, 11/12/2024 - 09:15
Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.

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