Việt Nam News

The Vietnamese auto industry has demonstrated significant progress in integrating into the global supply chain, reflecting its potential to contribute to economic growth, according to domestic car experts.

Market breadth was positive, with 159 gainers outnumbering 143 decliners. However, liquidity on the southern bourse continued its downtrend, dropping to VNĐ11.1 trillion (approximately US$436.9 million), with a trading volume of 477.5 million shares.

Australia and Brazil were Việt Nam's two largest markets for importing ore and minerals in the first 10 months of 2024, with 9.75 million tonnes and 5.96 million tonnes, respectively.

A number of topics aimed at strengthening trade between Poland and Việt Nam are being discussed at a “Business Mixer” event in HCM City on November 28.

Vietnamese Deputy Foreign Minister Nguyen Minh Hang and South African Deputy Minister of International Relations and Cooperation Anna Thandi Moraka co-chaired the 6th meeting of the Vietnam - South Africa Intergovernmental Partnership Forum in Pretoria on November 27, during which they discussed ways to promote future all-around cooperation.

Leveraging the mega-port of Chancay in Peru as an optimal logistics solution, Việt Nam can boost import-export turnover with Latin American partners, especially in the industrial and energy sectors.

Held for the first time in Việt Nam, GEIMS Việt Nam is expected to shape the electronics manufacturing industry and open up business collaboration opportunities and electronic component supply deals.

The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.

HCM City is dedicated to creating the most favourable conditions for businesses from Bulgaria to invest and operate within the city, affirmed Võ Văn Hoan, deputy chairman of HCM City’s People’s Committee at the Việt Nam - Bulgaria Business Forum held in HCM City on Wednesday.

Việt Nam has exported 8.05 million tonnes of rice from the beginning of this year to November 15, marking a historic record value of more than US$5 billion.

Prime Minister Phạm Minh Chính signed an official dispatch on Wednesday requesting the State Bank of Việt Nam to enhance credit management in the remaining months of this year to accelerate lending for production and business.

Việt Nam’s wood processing and export industry is on track to surpass its 2024 export target of US$15.2 billion, navigating through complicated market developments with strategic adaptability.

Such a policy would likely drive manufacturers to relocate production to Việt Nam, strengthening the nation’s role as a regional manufacturing hub.

The country has more than 1,400 start-up support organisations, 202 co-working spaces, 208 investment funds, 35 business promotion organisations, 79 incubators and about 170 universities and colleges engaging in innovative start-up activities.

The VAT reduction, from 10 per cent to 8 per cent, has been having a positive impact on Việt Nam’s economy said the Vietnam Chamber of Commerce and Industry (VCCI).

Phan Tuấn Hùng, Director of the Department of Legal Affairs Department under the Ministry of Natural Resources and Environment, said many businesses remain confused about the recycling regulations, leading to delays in implementation.

There are vast opportunities for Vietnamese internet businesses, participants were told at Việt Nam's Internet Day 2024 in Hà Nội.

According to the Việt Nam Pepper and Spice Association (VPSA), Việt Nam is the world’s largest cinnamon producer with a total plantation area of 180,000 ha and has become the world’s largest exporter of cinnamon products since 2021.