Việt Nam News

The plan focuses on improving business efficiency, speeding up digital transformation and the implementation of banking strategy renewal project, and transforming operational model to meet evolving market requirements.

Vingroup no longer owns Vincom Retail, but retains an 18.4 per cent equity stake. A new Vietnamese investor group has purchased a 55 per cent stake in SDI for around VNĐ4.8 trillion.

The MoIT had directed Việt Nam Electricity (EVN) to study and propose an electricity purchase price framework after 2025.

The MPI is in the process of completing the law draft, including the six policy groups, to create conditions for building large IPs, meeting the requirements of supply chain development and green and digital economic development as current directions.

The largest dairy company in Việt Nam targets a revenue of more than VNĐ63.16 trillion (US$2.5 billion) this year

The Authority of Information Safety under the Ministry of Information and Communications has warned about the increase of cyberattacks in Việt Nam, especially ransomware in which cybercriminals seize and encrypt data, then ask for ransom payment.

Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyễn Hoàng Hải said that paying additional tax will erode Vietnamese beverage makers' competitive advantages.

The provincial people’s committee unveiled that seven FDI projects committed an investment of $124.4 million, while domestic businesses agreed to put VNĐ3.89 trillion ($155.76 million) in nine projects in the central province.

This zone acts as a critical threshold for market stability, providing some respite amidst the prevailing volatility.

Prime Minister Phạm Minh Chính has issued an official dispatch to ask ministries, agencies and localities to enhance network information security in the context that cyberattacks are increasing recently.

Two major policies are expected to create breakthroughs, including the pilot foundation of Đà Nẵng Free Trade Zone association with Liên Chiểu Port and mechanisms which allow the municipal People’s Council to set their own policies for the semiconductor and AI industries.

Failure to submit, or submissions made after the deadline, will result in accountability to the Government and Prime Minister, said Minister of Industry and Trade Nguyễn Hồng Diên.

Southeast Asia saw nearly 43 million local threats targeting businesses in 2023, according to data from global cybersecurity company Kaspersky.

The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards to ensure the safety of credit amid low demand.

More than 163,000 new trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months, according to the Vietnam Securities Depository and Clearing Corporation (VSDC).

The high-quality Korean products garnered significant interest from Vietnamese businesses.

Việt Nam’s fruit and vegetable exports could reach record levels in 2024, especially with the country working on an export protocol for fresh coconut and frozen durian with China this year.