Việt Nam News

Market analysts forecast that the VN-Index is unlikely to see a new drop in the short term as the demand for stocks remains significant.

The event attracted 138 enterprises from 15 provinces and cities of Việt Nam and nearly 100 businesses from China’s Zhejiang, Tianjin, Shanghai, Beijing, and Yunnan.

The General Department of Taxation started to issue electronic invoices (or e-invoices) yesterday in Hà Nội, HCM City, Bình Định, Quảng Ninh, Hải Phòng and Phú Thọ.

As the second biggest exporter in Malaysia, only after Indonesia, Việt Nam holds a lot of potential, he said, suggesting Việt Nam optimise fairs and exhibitions to explore tea demand of local customers, going deeper into the Malaysian market.

Việt Nam will continue to implement new technologies and policies in its bid to become a cashless country, said banking experts and policymakers in a conference on Friday discussing the current situation of cashless technology in the country. 

The capital city has implemented many high-tech agricultural production models, however, in order to move towards smart agriculture, the city will have to pay more attention to promoting the application of science and technology as well as training high-quality labour resources.

After 25 years of development, the Vietnamese stock market is playing a more important role in attracting capital, supporting the commercial banking system. Therefore the target is to turn the market into the main channel of medium and long-term capital for the economy.

The Hà Nội property market is once again seeing a wave of increased land prices in suburban areas, thanks to rumours of some districts being developed under the model of "city within a city".

He also said that Vietnamese brands have been gaining increasing trust in Australia thanks to a number of trade promotion activities in order to better advertise brands of Vietnamese products and increasing efforts made by businesses.

The domestic auto market is expected to continue growing in the remaining months of this year, according to experts, after expanding by up to 120 per cent in October.

The domestic hospitality market is expected to recover strongly with the gradual resumption of domestic and international tourism, though the Ministry of Construction (MoC) warns that it might not all be plain sailing. 

Shares finished the week on a negative note as the market was pressure by many large-cap stocks in the oil and gas group dropping strongly.

A workshop on developing smart banks in the process of industrialisation and modernisation by 2030 with a vision to 2045 took place on Thursday in the framework of the third Industry 4.0 Summit and Expo.

Oil and gas output in Việt Nam is falling as most current fields are reaching the end of their lifespan. However, investors in the oil and gas industry are hesitant to invest due to the risk of no return should the costly explorations fail to yield positive results. 

The Việt Nam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on Thursday signed a Memorandum of Understanding (MoU) on establishing a strategic partnership for 2021 – 24 to promote clean and renewable energy development, and help PetroVietnam achieve targets in green energy transition.

Vietnam Airlines is the only carrier in the Việt Nam Best Brands Rankings 2021, standing at the second place, according to the list unveiled by the international research and data analytics firm YouGov.

MobiFone has become the first telecoms company to provide Mobile Money services in Việt Nam after receiving permission from the State Bank of Việt Nam on Thursday.