Việt Nam News

The advantages and potential of Việt Nam’s northern border province of Lào Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.

As of the end of March, Việt Nam exported 3,141 tonnes of chilli peppers, worth US$8.1 million, representing an increase of 17.6 per cent in volume and 52.8 per cent in value over the same period of 2023.

With the exchange rate at VNĐ25,356 buying a dollar, Masan will receive VNĐ6.228 billion in net cash from this investment which will significantly improve Masan’s balance sheet.

During discussions with ASEAN businesses, Vietnamese Prime Minister Phạm Minh Chính outlined three priority areas and proposed three breakthroughs for ASEAN to lead global digital transformation.

Việt Nam’s tech giant FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on Tuesday, in a comprehensive strategic partnership with NVIDIA.

The two successful participants are Saigon Jewelry Company Limited (SJC) and Asia Commercial Joint Stock Bank (ACB).

The Việt Nam Association of Seafood Processors and Exporters said the UAE mainly exported frozen fillets from Việt Nam, accounting for around 93 per cent of the country’s tra fish export to this market.

Việt Nam is an attractive destination for foreign investors thanks to its high, stable growth, large domestic market and young, well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Việt Nam at the Annual Meetings of the IMF and the World Bank Group (WB) held recently in the US.

Policies on unemployment and social insurance have also created challenges in the labour market with a rise in minimum wage which raises input costs, but product prices have not increased.

Amid the current difficult context, 46.4 per cent of enterprises called on capital supports such as preferential loans, more convenient and faster loan procedures, and reduced lending interest rates.

An exhibition event for Bình Thuận specialities is being held in District 1 to introduce the province’s regional specialties and OCOP products to HCM City locals and businesses.

The bank's leadership is striving to achieve a profit of VNĐ30 trillion (US$1.2 billion), leveraging MB's large customer base.

The National Centre for Hydro-Meteorological Forecasting predicts that heat will come earlier this year which might weigh on the electricity supply system, especially of the Northern region, as overall demand for electricity is rising.

Banks suggested raising the value limit for small loans, especially credit cards and overdrafts, because borrowers of such loans are meeting consumer needs so it is difficult for them to have adequate and accurate reports to prove feasible capital use plans.

To meet its management and production and business needs, THACO will recruit 14,746 employees, taking its payroll to 65,520 by the end of this year.

Việt Nam has been the fastest growing digital economy in ASEAN in 2022, 2023 and expected to maintain this position until 2025, with the forecast of smartphones users reaching 67.3 million by 2026, accounting for 96.9 per cent internet users, according to Google, Temasek, Bain & Company and Insider Intelligence.

Việt Nam’s giant technology company, FPT has reported a strong financial performance in the first quarter of 2024.

National flag carrier Vietnam Airlines (VNA) will use wide-body Boeing 787 aircraft on the Hanoi-Singapore route to meet the increasing demand, especially during the summer peak.