Việt Nam News

The Ministry of Finance highlighted the need for a robust disbursement of public investment capital in 2024, requiring a serious and resolute approach to promote disbursement according to government regulations.

Foreign investors also continued to pour capital into the southern bourse.

Its profit before tax increased 22 per cent year-on-year in the last quarter of 2023, giving the bank positive momentum moving into 2024.

Prime Minister Phạm Minh Chính addressed the Việt Nam – Romania Business Forum co-organised by the Vietnamese Ministry of Planning and Investment, the Vietnamese Embassy in Romania and the Chamber of Commerce and Industry of Romania.

Its average profit after tax reaches VNĐ6.7 trillion, while the average annual State budget contribution reaches VNĐ5.4 trillion and the total investment disbursement is VNĐ36.3 trillion for the whole period by 2025, according to the SCIC plan.

On Monday, a distinguished delegation representing Talanx Group and its German subsidiary HDI Global SE (HDI) conducts a significant visit for collaborative discussions with Vietnam Oil and Gas Group (Petrovietnam) and PVI Joint Stock Company (PVI Holdings).

Industrial parks and economic zones in the northern port city of Hải Phòng strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024.

Though the credit growth rate last year was lower than in 2022, disbursement was redirected into the city’s key production, trading and services sectors.

New supply in the industrial real estate market in HCM City and neighboring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tết (Lunar New Year).

The country was also among the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.

Việt Nam's economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.

According to experts, in 2023, although there were still many difficulties in promoting economic growth, the positive effects of fiscal and monetary policies were shown.

The market's upward momentum remains intact with no signs of a reversal.

Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.

The Vietnam Trade Office in the Netherlands has warned of online fraud cases, particularly related to petroleum products, amidst the high demand for this category of goods.

It is descirbed as a great opportunity for distributors, manufacturers and international partners to connect to create common benefits for the interior and exterior wood industry and wood products and facilitate consumption for the year-end period.

The recognition has proven the two companies' strong foundation of systems, technology, and personnel resources in addition to their proactive and flexible business strategies, and sufficient investments in research and development in 2023.

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and the Asian Development Bank (ADB) have recently announced a new partnership to finance up to US$100 million of green trade transactions in the region, including Việt Nam.