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Poor performances cast shadow over securities firm prospects

Vietnam News Economy - Thu, 10/24/2024 - 10:01
A number of securities firms that have disclosed their financial statements for Q3 are witnessing a significant downturn in profits compared to the previous year, with some even posting substantial losses.

Việt Nam and the EU to collaborate in green transition

Vietnam News Economy - Thu, 10/24/2024 - 09:41
Margaritis Schinas, vice president of the European Commission, and Bruno Jaspaert, chairman of EuroCham Vietnam, share their thoughts to the media on Việt Nam - EU relations and Việt Nam's road to green transition.

Abolishing credit rooms under consideration: central bank

Vietnam News Economy - Thu, 10/24/2024 - 09:32
Financial reports showed that as of the end of June, 10 banks posted credit growth rates of below 5 per cent over the end of the previous year.

Việt Nam set to lead region in blockchain application by 2030

Vietnam News Economy - Thu, 10/24/2024 - 08:57
The country is set to be in the top 10 blockchain training and research institutions in Asia by 2030.

Significant pressure for public investment disbursement in 2025

Vietnam News Economy - Thu, 10/24/2024 - 08:25
The Vietnamese Government has initially planned to allocate more than VNĐ790 trillion (US$31.13 billion) for public investment in 2025, quite a large sum which, if approved, will put significant pressure on disbursement.

Việt Nam’s first international semiconductor exhibition to take place in November

Vietnam News Economy - Wed, 10/23/2024 - 20:40
SEMIExpo Việt Nam 2024 is expected to see the participation of major semiconductor technology corporations in the world and Việt Nam.

New decree caps sales of excess rooftop solar power

Vietnam News Economy - Wed, 10/23/2024 - 19:13
Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.

EVN wants to invest in more power generation projects

Vietnam News Economy - Wed, 10/23/2024 - 18:13
Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply for socio-economic development demand.

Nghệ An approves lands to build US$2 billion power complex

Vietnam News Economy - Wed, 10/23/2024 - 17:07
The complex will be comprised of a power plant, a port, a warehouse and a regasification system.

Market snaps three-day losing streak due to fishing

Vietnam News Economy - Wed, 10/23/2024 - 17:04
The stock market finished slightly higher on Wednesday, boosted by bottom-fishing demand after the strong correction from the previous session.

VIB's pre-tax profit exceeds VNĐ6.6 trillion, credit growth increases 12% in nine months

Vietnam News Economy - Wed, 10/23/2024 - 16:30
The bank achieved robust credit and funding growth, exceeding the industry average, along with improved asset quality and a strong, secure balance sheet.

Motor Show 2024 opens in HCM City

Vietnam News Economy - Wed, 10/23/2024 - 15:00
The highly anticipated Vietnam Motor Show that opened in HCM City on Wednesday focuses on the latest advancements in green energy solutions, emissions reduction and safety technologies.

Việt Nam’s lobsters claw back prominence in China

Vietnam News Economy - Wed, 10/23/2024 - 14:52
In September alone, China's lobster imports from Việt Nam surged 133.9 per cent against August and more than 20 times compared to September 2023.

SHB expands credit package to VNĐ16 trillion with interest rates starting at 4.8%

Vietnam News Economy - Wed, 10/23/2024 - 14:51
The Saigon - Hanoi Bank (SHB) has expanded its 'supporting loan capital - steady long journey' programme from VNĐ11 trillion (US$433 million) to VNĐ16 trillion ($630 million), offering interest rates from 4.8 per cent per year.

IMF projects Việt Nam's economic growth to hit 6.1 per cent in 2025

Vietnam News Economy - Wed, 10/23/2024 - 13:18
Việt Nam's economy is projected to grow by 6.1 per cent next year, unchanged from the growth forecast for 2024.

Vietnamese steel industry under pressure amid protectionism tension and dumping

Vietnam News Economy - Wed, 10/23/2024 - 10:08
Steel was one of the industries with the largest number of trade defence investigations, not only in Việt Nam, but also in the world.

Banks show positive results during third quarter

Vietnam News Economy - Wed, 10/23/2024 - 08:08
Techcombank announced that pre-tax profit in the first nine months of this year reached VNĐ22.8 trillion, up 33.5 per cent over the same period last year.

VN should focus on deeper integration into the global supply chain network

Vietnam News Economy - Wed, 10/23/2024 - 08:05
There will be more opportunities for Vietnamese companies to connect and work with international businesses and engage more deeply in the global network to facilitate the transfer of technical know-how and in training a skilled labour force.

Market continues decline for third consecutive session

Vietnam News Economy - Wed, 10/23/2024 - 06:59
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,269.89 points, down 9.88 points, or 0.77 per cent, recording its third consecutive decline.

Việt Nam eyes regenerative tourism through sustainable practices, solutions: GEFE 2024

Vietnam News Economy - Tue, 10/22/2024 - 21:25
Việt Nam is exerting efforts to create a regenerative tourism industry by incorporating practical green solutions and sustainable practices, experts said at a conference about regenerative tourism on the second day of GEFE 2024.

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