Việt Nam News

During most of the day, VN-Index traded above the reference level. Even though the afternoon session recorded strong selling pressure, the VN-Index still ended the session higher on Thursday.

Tây Ninh Province is focusing on developing its agriculture to foster exports, especially with the issuance of codes for farming areas and packaging facilities.

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến has affirmed his confidence that Việt Nam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.

The Government has issued details of the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large customers,  with two options being through a private power line and the national grid via EVN.

Ensuring continued stable development, maintaining the upgraded status and avoiding a downgrade were key topics discussed at the “Motivating the Stock Market Upgrade” seminar held on July 2.

Kiên Giang Province is focusing on developing its animal feed industry to meet local demand and reduce its reliance on imports.

The government and Ministry of Finance are particularly focused on improving corporate governance quality linked with ESG (Environmental, Social, and Governance) standards for listed companies.

Some 424 out of 708 listed companies on the Hanoi and Ho Chi Minh stock exchanges surveyed have complied with information disclosure norms, 60 more than last year, a survey by the 2024 IR Best Practice Awards programme has found.

The inflationary pressure is not significant in the second half of this year, Nguyễn Đức Độ, Deputy Director of the Institute of Economics and Finance said. The inflationary drivers in the first half of this year mainly came from the increases in healthcare and education services prices from the third quarter of 2023.

The figure includes over VNĐ2.54 trillion in corporate taxes and over VNĐ7.36 trillion in taxes paid by household businesses.

Dr. Nguyễn Thanh Tuyên, Deputy Director of the Department of Information Technology and Communications Industry at the Ministry of Information and Communications, spoke to the Nhân Dân (People) newspaper about market access experiences and how to help Vietnamese businesses conquer the most demanding markets.

Trần Văn Trọng, General Secretary of the Việt Nam E-Commerce Association (VECOM), told Việt Nam News about the green and sustainable cross-border commercial development trend and how to help businesses build brands in the digital environment.

During most of the day, VN-Index traded above the reference level. Even though the morning session recorded slight selling pressure, the VN-Index still ended the session higher on Wednesday, a third consecutive day of rises.

Statistics from the Việt Nam Fruit and Vegetable Association show that durian export turnover reached $1.5 billion in the first six months of this year.

Stressing Việt Nam's priority given to the semiconductor and artificial intelligence industries in the future, Chính said that Việt Nam welcomes and encourages investors in those fields.

The CAAV has insisted that airlines strictly comply with regulations on domestic passenger air transport service prices, declare airfares, encouraging them to implement flexible pricing ranges and maintain policies that offer discounted fares.

Major corporations want to expand investments in Việt Nam. During meetings with Prime Minister Phạm Minh Chính on July 3 in Seoul, leaders of many Korean businesses such as CJ, POSCO, Daewoo E&C and LG Display, expressed their desire to increase their operations.

Vietcombank has warned about a new form of fraud, impersonating bank staff to support biometric updates, to steal banking details.