Việt Nam News

HCM City’s economy is rebounding strongly, raising confidence among people and businesses, heard a recent meeting on local socio-economic situation.

For the fifth consecutive year, the northern province of Quảng Ninh leads in provincial competitiveness among all 63 provinces and cities, according to the provincial competitiveness index (PCI) ranking announced by the Việt Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) yesterday.

Vice Chairman of the People’s Committee of Bình Dương southern province Nguyễn Văn Dành on Tuesday presided over a virtual webinar which aims to promote investment from France.

The US Department of Commerce (DOC) has announced the extension of deadline for issuing the final conclusion on the anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Việt Nam.

The National Power Development Plan for the 2021 - 2030 period, with a vision towards 2045 (PDP VIII) has taken into account the replacement of coal-fired power projects and those that are still pending, heard a meeting of the State Appraisal Council.

The market continued its upward march on Wednesday as optimistic sentiment lifted large-cap stocks.

Việt Nam needs to speed up transformation towards an efficiency and innovation-driven growth model to meet requirements of sustainable and inclusive development, experts have said.

Vietnam International Bank has announced pre-tax profits of nearly VNĐ2.3 trillion in the first quarter of this year, up 26 per cent year-on-year.

Saigon Beer-Alcohol-Beverage Corporation (SABECO) has set a revenue target of VNĐ34.8 trillion (US$1.67 billion), and after-tax profit of VNĐ4.58 trillion ($199 million) in 2022, a 32 per cent and 17 per cent year-on-year increase, respectively.

A non-fungible token trading platform, OpenLive NFT Marketplace, was inaugurated in HCM City on Monday.

While Vietnamese economists forecast higher economic growth and inflation for Việt Nam this year, IMF forecast the two at lower rates at a conference in Hà Nội on Monday.  

A retail sales boom is expected in HCM City at both supermarkets and traditional markets during the long Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.

Việt Nam will study the imposition of a tax on houseowners and increase taxes on land in an effort to prevent speculation and increase the land use efficiency.

Ten new ports have been added to the list of ports belonging to Vietnamese seaports, bringing the total number of ports nationwide to 296.

Shares recouped nearly half of their loss on Tuesday as bargain hunters combed large-cap stocks, lifting the overall market.

The Southeast Asia Commercial JS Bank (SeABank) on Monday announced consolidated business results for the first quarter of this year with pre-tax profit of VNĐ1.3 trillion (US$), up 87.1 per cent compared with the same period last year.

Đèo Cả Traffic Infrastructure Investment JSC (HHV) targets revenue of VNĐ2.5 trillion (US$108.8 million) in 2022, up 35 per cent year-on-year.

Masan High-Tech Materials Corporation announced its net revenues in 2021 increased 86 per cent to reach more than VNĐ13.5 trillion (US$586.9 million) thanks to the consolidation of the German tungsten producer and the higher price of tungsten last year.