Việt Nam News

Amid the rapid escalation of prices, industry experts emphasise the importance of proactive planning for businesses. They recommend establishing strong connections and developing raw material areas to ensure a stable supply of goods and create specific order plans.

Since 2014, no licences have been issued for gold imports for the production of gold bars, resulting in limited raw material supply.

To date, Vietnamese exported goods have been involved in 239 trade remedies investigations. Typically, products such as shrimp, tra fish, honey and aluminium have always coped with investigations, investigation warnings, lawsuits, and imposition of anti-subsidy taxes.

Việt Nam remained an exception in attracting Foreign Direct Investment (FDI) on the global and regional scale last year. The Southeast Asian economy was also expected to attract a large amount of FDI this year, said economists and analysts.

As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of production, business activities and consumption.

As land and land management are a huge and complicated issue with an important role in the country’s socio-economic development and impacting all walks of life and the business community, the new law has drawn significant attention.

2023 marked a significant milestone for the forestry sector as Việt Nam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million, said Deputy Minister of Agriculture and Rural Development Nguyễn Quốc Trị.

This year is expected to mark the final stage of overcoming obstacles in the Vietnamese real estate market. The market will gradually achieve stability, potentially leading to a more positive outlook.

Việt Nam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts said.

The proposal has raised controversy in the public, as there is definitely a contradiction within the draft encouraging policy. 

Việt Nam's adoption of the global minimum tax is vital for upholding taxing rights, fostering trust, promoting investment and showcasing transparency.

SJC gold price has increased by more than VNĐ3 million per tael in November.

Earlier this month, EVN said the retail price of electricity increased by 4.5 per cent to over VNĐ2,000 (8.2 US cents) per kWh starting from November 9, the second time they went up this year.

The global semiconductor chip market is expected to record a CAGR of 7.1 per cent from 2023 to 2032.

The State Bank of Vietnam (SBV) will continually issue new bills to withdraw cash from the banking system in the context that liquidity is abundant and interbank interest rates remain low, analysts forecast.

Nikkei Asia recently wrote that a fourth boom of foreign investment in Việt Nam might be in the making, led by the capital influx from the US after US President Joe Biden’s visit to Việt Nam last month.

As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.