Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam’s GDP growth may reach 10% in 2026 under upside scenario: VinaCapital

Fraudulent accounts drop by 72 per cent after biometric authentication campaign

The number of accounts receiving fraudulent money fell by about 72 per cent compared to the seven-month average.

Hà Nội’s OCOP programme creates a sustainable path for agricultural products

Since its launch in 2018, Hà Nội's One Commune, One Product (OCOP) programme has effectively tackled product output challenges, unlocking potential and fostering sustainability and innovation.

ADB approves $2 million grant to support Việt Nam's typhoon disaster response

The Asian Development Bank (ADB) has approved a US$2 million grant to assist the Government of Việt Nam in providing emergency and humanitarian services to residents affected by the Typhoon Yagi in the northern region of the country.

Typhoon debt relief measures may impact bank profitability in Việt Nam

Vietnamese banks' profitability is expected to be squeezed due to debt relief provided to borrowers affected by a recent deadly typhoon, according to S&P Global Ratings.

Việt Nam’s garment industry poised for transformation amid global shifts

Việt Nam’s garment industry, a key player among the top three exporters in the global market, is essential to the country’s economic prosperity, contributing 15-20 per cent of total exports and providing over three million jobs.

Financial services industry leads in generative AI innovation

The Financial Services Industry is at the forefront of innovation, often leading the way even in highly regulated sectors, said Eric Yeo, country manager for Amazon Web Services Vietnam.

MoU on sustainable development for textiles and footwear signed

The Energy Efficiency and Sustainable Development Department and the Dutch Sustainable Trade Initiative (IDH) signed a MOU to support the sustainable development of the textile and footwear industry in Việt Nam.

International sports expo opens in HCM City

The latest trends and innovations in sports equipment, technology and services are on display at the 9th Vietnam International Sports & Outdoor Exhibition that opened in HCM City on Thursday.

India is potential market for Việt Nam's export farm produce

Vietnamese dragon fruit is particularly prized in the Indian market, but export volumes are still modest.

Bitexco Group to transfer stake at Saigon Glory for bond repayment

Bitexco Group has reached an agreement to transfer its 100 per cent stake in Saigon Glory, the developer of the luxury One Central HCM twin towers in central HCM City, to Eastern Hanoi Real Estate Company Limited.

Việt Nam's wood exports rise, but challenges from market and natural disasters persist

Despite encouraging growth amid a volatile global economy, the timber industry faces significant challenges from market dynamics and natural disasters in the final months of 2024.

Real estate companies still face pressure on capital sources

According to finance and banking expert Nguyễn Chí Hiếu, the fact that many real estate companies have simultaneously paid dividends to investors reflects the positive recovery of the real estate market.

Family tax deduction rate under review: MoF

Given the evolving economic landscape and changes in living standards, The Ministry of Finance is conducting a comprehensive review and assessment of the Personal Income Tax Law, which includes the consideration of family circumstance deductions.

Car imports continue increasing in the first half 2024

In the first half of September, the influx of imported cars into Viet Nam remained robust, despite a recent government policy to reduce registration taxes for domestically assembled vehicles.

Vietnam acts as partner country at Uttar Pradesh Int'l Trade Show

Việt Nam has taken on the role of a partner country at the Uttar Pradesh International Trade Show 2024, which opened in Greater Noida City in the Indian state on September 25.

Vietnamese, Slovenian trade agencies seal cooperation pact

The Vietnam Trade Promotion Agency (Vietrade) and the SPIRIT Slovenia Business Development Agency signed a Memorandum of Understanding (MoU) on cooperation at a bilateral trade forum organised in Hà Nội on September 26.

A $45 million animal feed plant inaugurated in Long An.

The Philippines’ Aboitiz Foods on September 26 inaugurated a US$45 million animal feed plant at the Nhựt Chánh Industrial Park, Bến Lức district, the Mekong Delta province of Long An.

Forum promotes business cooperation between Việt Nam, Indonesia

Việt Nam and Indonesia are witnessing positive growth in business relations, with significant potential for collaboration across sectors, particularly in high-tech industries, agriculture, and fisheries.

Saigon Co.op signs MoUs with 17 partners

Saigon Co.op announced its zoning plans for raw material areas and signed memorandums of understanding with 17 producers and suppliers in six provinces and cities at a ceremony it held in HCM City on September 24.

Market extends rally on final Thursday of September

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased by 4.01 points, or 0.31 per cent, to end the trading session at 1,291.49 points, marking its third consecutive day of gains.