Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Less attractive rates cause savings withdrawals in favour of other investment channels

New law on industrial parks proposed to lure in high quality investment capital flow

Businesses are calling for a law with clear and detailed regulations on eco-industrial parks so as to encourage enterprises to invest in these types of parks.

VN-Index soars nearly 2% on rising risk appetite

Foreign investors also poured capital into the domestic market on Monday.

PVN announces two new oil and gas fields

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).

Vietnamese culture, handicraft products attract visitors at Paris Fair 2024

Vietnamese businesses are taking part in the Foire de Paris (Paris Fair) in the capital of France, a showcase of culture and food from around the world that runs from May 1-12.

Inventories recover, causing coffee prices to drop sharply

On May 6, coffee prices stood at about VNĐ100,000 per kg, thus, they declined about VNĐ30,000 per kg in less than one week.

Bắc Ninh Industrial Parks attract nearly $1 billion in investment in first four months of 2024

Bắc Ninh Industrial Parks attracted a total of US$997.1 million in foreign direct investment (FDI) capital and over VNĐ3.6 trillion in domestic capital in the first four months of this year.

Pepper exports hit $353 million in four months amidst soaring prices

Ending April, pepper exports reached 83,783 tonnes, worth $353 million, marking a decrease of 18.3 per cent in volume but an increase of 11.5 per cent in value year-on-year.

National coal group posts $2.24 billion in revenue in four months

During the period, the corporation mined 13.72 million tonnes of coal, up 2 per cent from the same time last year, and generated 3.42 billion kWh of electricity, or 6 per cent higher than its set plan.

Foreign, domestic investment in Bà Rịa-Vũng Tàu rises sharply

With the latest investments, Bà Rịa-Vũng Tàu is currently home to 474 FDI projects worth nearly $33.18 billion.

Bắc Giang drives Dành Mountain ginseng consumption

Tân Yên district’s government has prioritised the development of Dành Mountain ginseng with the goal of establishing it as a signature local product.

Viettel showcases defence tech at DSA, NATSEC exhibitions in Malaysia

Viettel High Tech, a subsidiary of the Viettel Group, represents Viettel at one of the world's top five defence and security exhibitions.

Việt Nam leads in export rice prices globally

Vietnamese rice prices jumped $3-8 per tonne last week, regaining the top export spot.

SJC gold price hits all-time high

SJC-branded gold prices set a new record high on Monday, reaching VNĐ86 million per tael.

Markets eye major producers as coffee prices soar

Domestic coffee prices have now surpassed VNĐ130,000 per kg (US$5.12), exceeding the price of black pepper.

Bank deposits decline for first time in over two years

Banks’deposits decreased for the first time in two years as of the end of March, according to data from the central bank.

Textile and garment businesses face difficulties due to lack of domestic supply

Weaving and dyeing have remained textile and garment bottlenecks for many years.

Heat of price war shows no sign of cooling down

Reducing prices to attract customers has been seen as a key to success for many enterprises, but it also contains hidden risks causing damage to their businesses.

Cautious rise amid low supply and cash flow, investors advised to monitor resistance area

The market will continue to rise cautiously due to low supply and cash flow, but investors should remain vigilant for potential blockages and pullbacks at the resistance area while adjusting portfolio allocations to manage risk.

Vietnamese products displayed at African investment, commerce forum

The 10th African Investment, Commerce Forum (AFIC10) took place in Algiers, Algeria, on May 4 and 5, bringing together about 800 delegates from 39 countries and territories.

ADB to allocate historic amount of US$1.42 billion in 2023 net income

The Board of Governors of the Asian Development Bank (ADB) approved an allocation of US$1.42 billion in net income from its ordinary capital resources