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HCM City seeks to unlock investment potential of remittances by overseas Vietnamese

Vietnam News Economy - Wed, 10/02/2024 - 08:00
HCM City plans to create funds for overseas Vietnamese seeking to invest in real estate and small and medium-sized enterprises, and buy bonds for funding infrastructure.

New Zealand-Đà Nẵng to bolster in hi-tech links

Vietnam News Economy - Wed, 10/02/2024 - 07:50
The proposal on closer cooperation in hi-tech industries between Đà Nẵng and New Zealand was included in the investment promotion – Meet Đà Nẵng – in Auckland last month.

Changes driving foreign investor activity in the stock market

Vietnam News Economy - Wed, 10/02/2024 - 07:15
Analysts said that the change in Circular 68 could elevate Việt Nam's market status and attract foreign net buying.

Market starts October on a positive note

Vietnam News Economy - Wed, 10/02/2024 - 04:13
On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark VN-Index rose by 4.26 points, or 0.33 per cent, to close at 1,292.2 points, marking a robust recovery following the previous session’s decline.

Innovation: Revolutionising the economic growth

Vietnam News Economy - Tue, 10/01/2024 - 16:11
Innovation plays a central role in enhancing productivity and competitiveness, underpinning progress across industries and economies

China spends US$21mn importing Việt Nam's pangasius fish maws

Vietnam News Economy - Tue, 10/01/2024 - 15:02
According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), China had imported US$21 million worth of pangasius fish maws from Việt Nam as of the end of August.

IMF forecasts VN's economic growth to reach 6.1 per cent in 2024

Vietnam News Economy - Tue, 10/01/2024 - 14:55
Việt Nam's economic growth is projected to recover to 6.1 per cent in 2024, supported by continued strong external demand, resilient foreign direct investment and accommodative policies.

VN’s first integrated petrochemical complex comes into operation

Vietnam News Economy - Tue, 10/01/2024 - 13:47
LSP will produce various petrochemical products, including essential plastic resins such as polyethylene (PE) and polypropylene (PP), to serve customers both domestically and internationally. 

Trade offices abroad play important role in protecting Vietnamese exports

Vietnam News Economy - Tue, 10/01/2024 - 12:40
In many cases these offices are the first agencies to get information from foreign trade authorities on possible investigations into products from Việt Nam.

Bubble tea brands compete to increase market share

Vietnam News Economy - Tue, 10/01/2024 - 10:21
For more than 10 years, bubble tea has been a popular drink among young people. With the participation of many famous international brands such as Gong Cha and KOI Thé and the launch of a series of domestic brands, the local bubble tea market has entered its golden age.

PM orders clarifying operation of regional, int’l financial centres

Vietnam News Economy - Tue, 10/01/2024 - 09:51
Prime Minister Phạm Minh Chính on September 30 asked competent ministries, sectors, HCM City and Đà Nẵng City to clearly define the scope and operating model of regional and international financial centres to be established in Việt Nam.

Minister calls for China’s enhanced cooperation with Việt Nam

Vietnam News Economy - Tue, 10/01/2024 - 09:49
Minister of Industry and Trade Nguyễn Hồng Diên has called on China to foster investment cooperation with Việt Nam, given the country’s favourable geographical location and signing and negotiations of various free trade agreements that China could capitalise on.

Lessons and urgent reforms for future resilience post-storm

Vietnam News Economy - Tue, 10/01/2024 - 09:14
As discussions unfold on the numerous challenges brought forth by the storm, it is imperative that we adopt a mindset of determination and reform to prevent the recurrence of such disasters in the future.

Việt Nam needs a comprehensive national green transition strategy

Vietnam News Economy - Tue, 10/01/2024 - 08:58
Việt Nam is accelerating its commitment to achieving net-zero emissions with numerous policies aimed at developing green growth and emissions reduction, but the readiness of Vietnamese businesses for this transition remains low.

Cashew industry faces risk of trade deficit

Vietnam News Economy - Tue, 10/01/2024 - 08:20
Exports of cashews were up 22.9 per cent in volume and 21.8 per cent in turnover year-on-year, according to the General Department of Customs, with an average price per tonne of US$5,706.

Dragon Capital steps back as major shareholder in PV Drilling

Vietnam News Economy - Tue, 10/01/2024 - 07:47
Dragon Capital's stake in PV Drilling decreased from 5.01 per cent to 4.92 per cent.

Market mixed on Monday as foreign bloc returns to net selling

Vietnam News Economy - Tue, 10/01/2024 - 06:45
The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed at 1,287.94 points, down 2.98 points, or 0.23 per cent.

PM Chính applauds Meta's contributions to Việt Nam-US ties

Vietnam News Economy - Mon, 09/30/2024 - 21:15
The Government leader called for its stronger coordination with local authorities in preventing toxic information, the advertising of illegal services and online fraud, devising measures for protecting social media users, and adhering to local law, including tax rules.

Boosting Việt Nam-China Trade and Industrial Cooperation

Vietnam News Economy - Mon, 09/30/2024 - 20:11
Minister of Industry and Trade Nguyễn Hồng Diên had a working session with China's Minister of Industry and Information Technology Jin Zhuanglong in Beijing on September 30 as part of the Vietnamese official’s trip to China for the 13th meeting of the Việt Nam-China Committee for Economic and Trade Cooperation.

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