Việt Nam News

Condominium primary selling prices in both cities remained high, especially in Hà Nội, with primary prices recording rapid growth mainly due to the large quantity of new supply in the high-end segment. 

The capital city's industry and trade sector aimed to increase the added value of the industry by about 7 - 7.5 per cent this year.

According to the latest data from the State Bank of Vietnam (SBV), by December 31, 2023, credit increased by about 13.71 per cent compared to the end of 2022, not significantly lower than the 14.18 per cent increase of the previous year.

More than 1 billion shares were traded on the southern bourse, worth VNĐ22.75 trillion (US$928.7 million).

A hi-tech waste-to-energy plant was inaugurated in Ngu Thai commune, Thuận Thành township in the northern province of Bac Ninh on January 11.

The factory plans to begin the first investment phase in the fourth quarter of 2024 and reach full capacity manufacturing by the second quarter of 2029.

Tickets are now on sale at www.vietjetair.com and Vietjet Air mobile app, official booking offices and agents.

Việt Nam's domestic insurance market has managed to pull through a difficult time in 2023 but it will take time for the market to rebuild trust among consumers, according to policymakers and industry insiders.

According to the GSO, this year economic growth continues its positive recovery trend.

Hepza Director Hứa Quốc Hưng emphasised the focus on administrative reform, aiming to improve the Public Administration Reform Index (PAR INDEX), the Departmental, Sectoral and Local Competitiveness Index (DDCI), and the Digital Transformation Index (DTI).

It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.

Extended producer responsibility (EPR), to be implemented this year and expected to foster the recycling industry, remains a huge effort for Vietnamese businesses, experts said.

A process has been started to allow the Vietnam Shipbuilding Industry Corporation (SBIC) to declare bankruptcy, according to the deputy minister of transport Nguyễn Xuân Sang.

This plan is a key priority for MXV during the 2023-2028 period, with the aim of developing the Vietnamese commodity trading market in accordance with international standards.

The new policy is under the SBV’s Circular 17/2023/TT-NHNN that will take effect from February 8 this year.

Prime Minister Phạm Minh Chính urges the Ministry of Planning and Investment to take the lead in attracting foreign investment, developing new economic models and promoting innovations- to contributing to promoting economic transition and improving the position of Việt Nam in the global arena.

Liquidity increased as domestic investors poured over VNĐ17.3 trillion (US$707 million) into the southern market, equivalent to a trading volume of over 860 million shares.

SBV's deputy governor Phạm Tiến Dũng said as the number of customers and transactions increases, the rising complexity poses many challenges for managing and ensuring security in the payment industry.