Confectionery giants are struggling to compete for market share during the Tết (Lunar New Year) holiday, which begins next week.
The State Bank of Việt Nam (SBV) expects to save around VNĐ400 billion (US$17.7 million) by not issuing new small-value banknotes during the Tết holidays.
The VN Index on the HCM Stock Exchange advanced further yesterday after banks and some large-cap companies released their quarterly and yearly earnings reports, boosting investor confidence.
The north-eastern coastal Quảng Ninh province has released survey results for an index evaluating the competitiveness of departmental, district and sectoral level (DDCI).
Many Vietnamese consumers say the hectic year-end schedule keeps them so busy that they can’t go shopping, but the development of e-commerce and e-payment is helping them avoid going to stores or supermarkets by themselves.
The stock market will likely remain quiet this week as investors hold back from making further purchases, lowering trading liquidity, brokerage companies say.
The State Bank of Việt Nam revealed recently that it would continue to keep bank lending interest rates unchanged from last year’s levels.
Some 48 per cent of 501 Vietnamese small and medium-sized enterprises (SMEs), which participated in The Future of Business survey, have positive views about the current situation.
Nguyễn Thanh Trúc in District 1 has just paid her monthly electricity bills via internet banking.
Incorrect news broadcast by overseas media can hurt exports of tra fish this year, the Vietnam Association of Seafood Producers and Exporters (VASEP) has said.
A wide range of fruits and vegetables, speciality products for Tết (Lunar New Year) such as cashew nuts, candied fruits, meat paste, rice and traditional fish sauce are available at the Green-Nice Tết Market that opened at 12 Phùng Khắc Khoan, Đa Kao Ward, District 1 in HCM City on January 21.
HCM City authorities and businesses have worked hard to provide safe food products for Tết (the Lunar New Year) on January 28.
Microsoft and FPT last week signed an Enterprise Agreement focusing on digital transformations and cloud deployments. The agreement tightens the long-term strategic partnership that has been in place for almost 20 years between the two leading IT corporations.
Hastening institutional reform and improving competitiveness has become more pressing than ever for Việt Nam to help firms grab opportunities from several new-generation free trade agreements (FTAs).
The property market will develop strongly in all segments this year, building on last year's robust recovery, experts tell Viet Nam News
Foreign direct investment (FDI) inflow to Việt Nam is expected to increase, said Đỗ Nhất Hoàng, head of the Foreign Investment Agency under the Ministry of Planning and Investment.
Seafood exports are expected to increase by 5 per cent this year to around US7.5 billion despite many possible hurdles, according to the Việt Nam Association of Seafood Producers and Exporters (Vasep).
The Ministry of Industry and Trade (MoIT) has not yet decided to adjust power tariffs this year and has been calculating basic prices, the ministry yesterday announced at an electricity production cost conference in Hà Nội.