Việt Nam News

Banks with high outstanding loans can proactively increase their credit growth quota without having to send proposals and get approvals from the central bank, the SBV announced on Wednesday.

Two-way trade between Việt Nam and Hungary reached US$506.7 million in the first seven months of this year, down 11.7 per cent year-on-year.

National Assembly (NA) Vice Chairwoman Nguyễn Thị Thanh received in Hà Nội on Wednesday visiting Minister of Small- and Medium-sized Enterprises and Startups Oh Young Joo of the Republic of Korea, proposing the guest continue coordination with Vietnamese agencies to strengthen economic cooperation and promote the implementation of measures to increase bilateral trade.

Technical requirements for Việt Nam’s passion fruits were agreed and the process will now move to the next step of implementing legal procedures.

At the meeting, MPI Minister Nguyễn Chú Dũng expressed confidence that the committee's activities, supported by research institutes and SME associations, will lead to effective joint projects, particularly in high-tech agriculture, food processing, pharmaceuticals, semiconductors, and electronics.

A workshop was held in Sydney on Wednesday to promote the trade and investment cooperation between the Central Highlands province of Gia Lai and New South Wales state of Australia.

Facing fierce challenges in the international markets, Vietnamese honey has been looking at the domestic market, according to industry insiders and experts.

The price movements of Việt Nam's electricity stocks not only go against the domestic market trend, but also against the rising trend of power shares in the region.

Dr. Nguyễn Quốc Việt, Deputy Director of VEPR, discussed with Vietnam News Agency the 30 per cent increase in Việt Nam's basic salary to VNĐ2.34 million on July 1, and concerns over potential market price hikes.

Việt Nam is grappling with significant real estate inventory that could comprise nearly 80 per cent of some developers’ assets, raising concerns of potential bad debt and macroeconomic stability, experts warned.

HCM City should attract more foreign brands and develop iconic shopping areas to enhance shopping tourism, experts have said.

The SBV this week also continued to reduce the bill interest rate from 4.2 per cent per year to 4.15 per cent per year.

Leading the market's uptrend on Wednesday were key stocks in the banking and manufacturing sectors.

Vice Chairman of the Bắc Giang Provincial People's Committee Lê Ô Pích said that the province has focused on various measures to promote the development of agriculture, forestry and fisheries in the final months of 2024.

The 2024 Sourcing Fair of Supporting Industry with Buyers (SFS) that opened in HCM City on August 28 seeks to link up Vietnamese parts suppliers with foreign and domestic manufacturing firms.

The Formex International Handicraft Fair 2024 is the largest fair of the year in Northern Europe, with the participation of national pavilions from various countries

Bình Định Province has recently sanctioned a paper manufacturing project with a total registered capital of VNĐ900 billion and it is anticipated that the province will attract two further manufacturing projects with a combined investment exceeding VNĐ3 trillion in the near future.

Shares on the Hồ Chí Minh Stock Exchange (HoSE) saw a slight increase on Tuesday, with a late-session rally driven by a rebound in several large-cap stocks. Foreign investors maintained their net buying streak for the fifth straight day.