Việt Nam News

Prime Minister Phạm Minh Chính has urged agencies to develop a ‘comprehensive plan’ to tackle the financial challenges faced by lossmaking national flag carrier Vietnam Airlines.

The Ministry of Trade and Industry issued directives asking stakeholders to put in place a market stabilisation programme, focusing on ensuring the supply of essential food items at stable prices during the Lunar New Year (Tet) festival, which lasted from February 8-14.

With nearly 20 years of experience in the field of copper tube manufacturing, the company's products have been exported to 20 countries around the world, and has been certified in Japan, the US and Australia.

Export activities bustled on the first workday after the Lunar New Year (Tet) holiday on February 15 with many batches of goods departing for foreign markets such as the US, the EU and Australia.

Foreign investors, however, continue to withdraw capital from the market as they net sold a total of VNĐ433.54 billion on the two exchanges.

VinFast signed the Letters of Intent with its first five dealers in Indonesia . The dealers are the BAM, GNA and GSU with headquarters in Jakarta, the MCA based in Medan and Majesty in Batam, who will sell VF 5, VF e34, VF6 and VF7 models right after they are launched in the Indonesia market.

All ten bond lots will have an annual interest rate of 8 per cent.

The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.

Money sent from Asian countries made up 50.5 per cent of the total overseas remittances to HCM City last year, Việt Nam’s largest economic hub, a massive 143.8 per cent spike year-on-year, according to the State Bank of Vietnam (SBV)’s branch in the city.

Under the amended Law on Credit Institutions, effective from July 1, 2024, commercial banks in Việt Nam are required to reduce the ownership ratios of organisations, shareholders, and related parties.

Enterprises are in need of support more than ever. It’s time to introduce drastic solutions to nurture their confidence and improve their capacity, as well as the entire economy.

Cement producers are trying to expand their markets, shifting to several outlets such as the US, Australia, North America, South America and Africa, to reduce dependence on China and take full advantage of the industry which can provide up to 120 million tonnes of products per year.

Morgan Stanley Capital International (MSCI), a leading global provider of research-based indexes and analytics, has added three Vietnamese stocks to MSCI Frontier Markets Index.

Many businesses will distribute cash dividends to shareholders at the highest rate of 15-20 per cent in cash.

Vinacomin plans a slight coal production increase to 37.4 million tonnes in 2024 compared to 2023.

The General Department of Customs also continues to actively propose reforms in management and specialised inspection of import and export goods.

Garco 10 organised the launch of production and business for the new year on Thursday.

Attention must be on implementing tasks to ensure electricity supply for the Northern region in coming years including speeding up the three – circuit 500kV transmission line from Quảng Trạch to Phố Nối which is expected to be completed by June this year.