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Lóng Sập (Việt Nam) – Pa Háng (Laos) upgraded international border gate set to open on November 19

Vietnam News Economy - Wed, 11/13/2024 - 15:46
The opening ceremony will take place at the Lóng Sập/Việt Nam – Pa Háng/Laos border area (near landmark 255), jointly organised and presided over by Sơn La and Hủa Phăn provinces.

Vietnamese representative agencies abroad urged to further support businesses

Vietnam News Economy - Wed, 11/13/2024 - 15:40
Vice Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Hoàng Quang Phòng on November 12 urged Vietnamese representative agencies abroad to further support the business community during the process of international economic integration.

Viettel launches the world’s first O-RAN 5G Network

Vietnam News Economy - Wed, 11/13/2024 - 15:12
Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.

NA adopts Resolution on state budget estimates for 2025

Vietnam News Economy - Wed, 11/13/2024 - 13:18
The state budget revenue is over VNĐ1.966 quadrillion, while the total state budget expenditure is over VNĐ2.54 quadrillion. The budget deficit is VNĐ471.5 trillion, equivalent to 3.8 per cent of the country's Gross Domestic Product (GDP).

Việt Nam's digital economy continues to record double-digit growth: Report

Vietnam News Economy - Wed, 11/13/2024 - 13:09
Việt Nam's digital economy is maintaining double-digit growth, driven mainly by e-commerce and online travel, according to a report released recently by Google, Temasek and Bain & Company.

Standard Chartered arranges a US$100 million syndicated loan for Stavian Chemical

Vietnam News Economy - Wed, 11/13/2024 - 12:43
Standard Chartered acted as the sole mandated lead arranger and bookrunner in a VNĐ2.5 trillion (US$100 million) maiden offshore syndicated loan transaction for Stavian Chemical Joint Stock Company (Stavian Chemical), opening up future opportunities for the company’s business growth.

Việt Nam lifts anti-dumping duties on imported cold-rolled stainless steel

Vietnam News Economy - Wed, 11/13/2024 - 11:05
The Ministry of Industry and Trade on November 12 announced the termination of anti-dumping duties on cold-rolled stainless steel products imported from China’s Taiwan, Indonesia, Malaysia and China.

Coca-Cola Beverages Vietnam supports local women to boost e-commerce sales

Vietnam News Economy - Wed, 11/13/2024 - 10:56
Coca-Cola Beverages Vietnam, in collaboration with the Duyên Thái Women’s Union of Thường Tín District, Hà Nội, has launched the “E-Commerce Training for Traditional Lacquer Products for Women in Duyên Thái” project, aiming at boosting awareness of Duyên Thái's traditional lacquer products.

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.

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