Economy

Ministry revokes licences of 30 postal enterprises

Supervision will continue to be enhanced to ensure compliance and healthy and sustainable development of the postal market

Economy

Nearly 20 commercial banks lower deposit rates in March

From the beginning of March, 17 commercial banks have adjusted their deposit rates so far, four of which cut rates more than twice, including BaoViet Bank, GPBank, BVBank and PGBank.

Economy

Some durian shipments to China warned over food safety

The Plant Protection Department received GACC’s warnings and asked enterprises which owned these violating shipments to comply with the regulations on origin tracing, recalling and handling.

Economy

Đức Giang Chemicals Group seeks M&A deal to enhance yellow phosphorus production

To facilitate the merger of PAT into DGC in the near future, DGC aims to increase its ownership stake in the company beyond the current 51 per cent level.

Economy

Infrastructure to promote real estate market

The efficiency of an infrastructure project is only realized when the development of real estate alongside the projects is sustainable and leads the local socio-economic development.

Economy

'Junk' bank cards causing waste issues

Despite the indiscriminate junk cards, there is currently no legal regulation to cancel cards that are not being used.

Economy

Industrial real estate emerges out of storm

Industrial land lease prices are forecast to increase by 5-9 per cent annually in the northern region, and 3-7 per cent in the south thanks to the rising demand from industrial groups, said property consultancy CBRE Vietnam.

Economy

CEO Group sets ambitious financial targets for 2024.

CEO Group plans to distribute 5 per cent dividends in the form of stocks for 2023, and the dividend rate for 2024 is projected to be between 5 per cent and 10 per cent.

Economy

HCM City real estate market to recover in H2

The market is expected to fully recover from 2025 onward, driven by the Government’s policies and support from real estate enterprises.