Việt Nam News

Việt Nam must do more in monitoring and managing information about who own and who are beneficiaries of businesses, said participants at a seminar organised by the Department of Business Registration under the Ministry of Planning and Investment on Monday.

HCM City will evaluate the competitive capacity of 28 government departments and agencies for the 2024 Department and District Competitiveness Index (DDCI), up from 25 last year, a conference heard on Monday.

In its latest report the US Department of the Treasury said that Việt Nam does not manipulate currency.

Airports Corporation of Vietnam (ACV) has started building a cargo terminal at Cát Bi International Airport, with a total investment of VNĐ724 billion (US$28.5 million). The project is expected to be operational by January 2026.

The stock market began the week with a mild drop, marking the VN-Index's third straight session of losses, while liquidity hit its highest level in five weeks.

The Hải Dương Handicrafts Association and Nam Vũ Clean Agricultural Cooperative organised a trade event in Thanh Hà District to help local businesses expand markets and find partners after Typhoon Yagi.

In October, Việt Nam shipped 7,260 tonnes of rubber to Malaysia, generating US$11.47 million in revenue, marking an impressive year-on-year increase of 861 per cent in volume and 1,240 per cent in value.

A seminar in Washington has explored new avenues for strengthening energy, industry, and trade cooperation between Việt Nam and the US, with key contributions from overseas Vietnamese experts and entrepreneurs.

The Ministry of Planning and Investment has received US$3.3 million in funding from the Swiss State Secretariat for Economic Affairs (SECO) to promote a circular economy and mitigate climate change impacts.

The total net profit from the foreign exchange trading segment of 29 banks in the first three quarters of 2024 reached more than VNĐ19.62 trillion.

More efforts should be put into developing a sustainable model for Dak Lak's swallow nest industry said participants at a conference organised by the Province's Department of Agriculture and Rural Development.

Brazil is currently Việt Nam's leading trading partner in Latin America. In recent years, two-way trade has grown rapidly to over US$7.1 billion in 2023 from $1.53 billion in 2011.

Thanks to the government's support and incentive policies, HCM City's industrial production index in the first 10 months of 2024 increased sharply compared to the same period a year earlier, according to the City's Department of Industry and Trade.

The UKVFTA took effect on May 1, 2021, with a preferential tariff quota granted to Việt Nam at a tax rate of zero per cent, enabling UK buyers to have more choices of rice varieties from Việt Nam.

The country’s current financial capacity covers only about 21 per cent of the need for relief and recovery after natural disasters.

A contentious debate has arisen over whether Việt Nam should impose a 5 per cent VAT on fertilisers to boost local production or retain the current tax exemption to support farmers.

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.

Throughout the week, the market continued its downward trajectory amid unfavourable macroeconomic conditions. The VN-Index lost a significant support level and appeared to be heading towards deeper support zones. This volatility raised concerns among investors about the market's short-term prospects.