Việt Nam News

The World Bank (WB) and the State Bank of Việt Nam (SBV) on Tuesday signed a financing agreement for a grant worth US$2.2 million to implement a project aimed at strengthening the soundness and resilience of Việt Nam’s banking sector.

The retail prices of petrol and oil increased at 6pm on October 1 following the latest review of the ministries of Industry and Trade and Finance on the prices.

Generali is the highest ranked insurance company in the list of the “The World’s Best Regarded Companies” issued by Forbes and market and consumer analysis company Statista.

To meet its growing demand for energy, Việt Nam, besides exploiting new energy sources, particularly clean energy, needs to further improve energy saving and efficiency, a conference heard in HCM City yesterday.

Phones and components lead in Việt Nam’s export turnover in the first nine months of this year, with a value of US$38.6 billion, marking a year-on-year increase of 5.1 per cent and accounting for 19.9 per cent of total exports.

The State Bank of Việt Nam (SBV)'s exchange rate management policy has been appropriate and effective, creating benefits for the economy and confidence for the market.

Total revenue from retail trade and services in the first nine months of this year reached VNĐ3.6 quadrillion (US$156.5 billion), 11.6 per cent over the same period last year.

Shares recovered on Tuesday on improved liquidity as cash flow came back to support large-cap stocks.

Startups from various sectors joined in an investment day in HCM City organised by Zone Startups Joint Stock Company to seek investments and present their businesses.

 The Ministry of Industry and Trade’s Trade Promotion Agency (Vietrade) will organise a business trip for 20 domestic companies to seek new opportunities in Bulgaria and Romania from Thursday.  

The Italian Government hopes to promote commercial activities in Việt Nam, especially in the field of manufacturing and processing agricultural products, turning Việt Nam into a strategic entrance for trading and investment of Italy in Southeast Asia, said Italian Ambassador to Việt Nam Antonio Alessandro.

This year, Cát Bi Airport is projected to welcome more than 2.7 million passengers.

At big electronics supermarkets in the city, the number of people seeking air purifiers has increased sharply.

According to the latest survey released by Nikkei and IHS Markit on Tuesday, the reading was down from 51.4 in August, down for the second month in a row.

This year, Cát Bi Airport is projected to welcome more than 2.7 million passengers.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.23 per cent to close at 998.85 points.

The inflow of foreign investment capital (FDI) into Việt Nam experienced a slight increase of 3.1 per cent to US$26.16 billion in the first nine months of this year after a fall of 7 per cent seen in the first eight months, according to the General Statistics Office.

Financial literacy remains low in Việt Nam and so improving financial education and literacy is imperative to help the public make wise investment decisions and manage potential risks, an event heard in HCM City yesterday.