Việt Nam News

Deposit interest rates in Việt Nam, which have plunged since early-2023, are expected to rebound by 50-100 basis points by the end of the year, but that magnitude of increase is not likely to have a major impact on the stock market, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.

Statistics indicate that outstanding margin loans at securities companies are projected to increase by VNĐ23 trillion (US$903.7 million) compared to the end of 2023.

GENTEXH Vietnam, a global exhibition on nonwoven and hygiene fabric products and  technologies, will be held for the first time in Việt Nam next year to provide participants with networking, knowledge sharing and business opportunities.

In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity.

Under a project to develop the province’s border trade by 2025 with a vision to 2030, border trade is envisaged to become an important locomotive for the local economic growth, making An Giang become a key transhipment centre of the Mekong Delta region and the whole country.

A shortage of inland container depots, high logistics costs, and traffic congestion reduce the competitiveness of businesses.

It’s not only in Việt Nam. Air fares are generally high all over the world because prices are the function of demand and supply.

Last week's recovery is viewed as a technical rebound following a recent sharp and significant decline. As a result, a potential correction scenario for the VN-Index cannot be ruled out.

This initiative aligns with the goals of the National Digital Transformation Programme until 2025, with a vision to 2030, aiming to propel Vietnam towards a digital economy and society.

April exports were estimated at $30.94 billion, up 10.6 per cent over the same period last year, pushing the total results in the first four months of this year to $123.64 billion, a year-on-year rise of 15 per cent.

Foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion.

In Q1, Vietjet’s air transport revenue was recorded at VNĐ17.76 trillion (US$701 million) while after-tax profit at VNĐ520 billion ($20.5 million), increasing by 38 per cent and 209 per cent year-on-year respectively.

The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.

Back to 1975, Việt Nam, torn by two major wars, was a backward economy dependent on agriculture and foreign assistance. Foreign loans and aid accounted for over 63 per cent of its budget.

The consumer price index (CPI) in April inched up 0.07 per cent from the previous month and 4.4 per cent year on year, mainly fueled by a petroleum price hike, the General Statistics Office (GSO) said on April 29.

In order to cater to the shopping demands during the April 30 and May 1 holidays, supermarkets in Hà Nội have introduced a variety of promotions and discounts. Some supermarkets have even extended their operating hours until 11pm.

Lotte Mall West Lake Hà Nội, invested by the Republic of Korea (RoK)’s Lotte Group, welcomed 6 million visitors from its inauguration in September, 2023 to late March, the RoK’s Dong-a Ilbo newspaper reported.

Tax administration data shows that revenue from e-commerce business activities amounted to VNĐ3.1 quadrillion (US$130.57 billion) in 2022, with taxes paid totalling VNĐ83 trillion.