Việt Nam News

The National Power Transmission Corporation (EVNNPT) will commence 34 electricity transmission projects and complete 63 others this year, its Chairman of the Member Council Nguyen Tuan Tung told a conference on Tuesday.

VinFast, Việt Nam’s first electric vehicle maker, on January 2 announced the signing of agreements with its first five dealers in four states of the US, bringing opportunities for customers to experience VinFast electric vehicles.

Regarding the shipping industry as a whole, Tiên Phong Securities Company believes that the outlook for 2024 will be more positive due to the gradual cooling down of global inflationary pressures and an increase in demand for goods transportation.

The Southeast Asian economy's trade surplus, however, remained positive at $125 billion this year, $33 billion with the EU and $92 billion with the US.

Along with the EU, many other markets have also set new and strict policies, causing many difficulties for wood export activities.

To increase sales, businesses must find ways to diversify sales methods, product types, and implement promotional programmes.

Việt Nam strives to be among the top three countries in Southeast Asia in terms of labour productivity growth.

TC Motor Vietnam (TCMV), a subsidiary of Tan Chong Motor Holdings Berhad (TCMH) from Malaysia, rolls off its production line of the eagerly awaited all-new King Long NOVA EURO 5 Bus in Vietnam on 22nd December 2023.

Minor decreases in fuel prices do not have an effect significant enough to bring electricity prices down.

With the ability to grow 35 per cent per year, the market size is expected to reach $21.3 billion this year and $57 billion by 2025.

The breadth of the market was negative as the number of decliners surpassed that of gainers by 164 to 148.

By the end of November 2023, Hải Dương had attracted over US$1.13 billion worth of foreign investment, over three times higher than the same period last year, statistics from the provincial Department of Planning and Investment revealed.

Large value transactions must be reported to the SBV’s Department of Anti-Money Laundering according to the provisions of Article 25 of the Law on Prevention and Combat of Money Laundering.

Analyst’s Pick: According to experts and international media, Việt Nam's economy has shown more or less resilience, stability, and readiness to overcome difficulties to become one of the economies with positive growth rates in the world.

The trend of business partnerships was becoming more and more popular in the modern economy because of the benefits it brought to the participating parties.

It becomes vital for Việt Nam to reform investment incentives in the context of rapidly changing and complicated world, the ministry said. The international business environment and cross-border investment face challenges. The global FDI flow is decreasing by 4 per cent while strategic competition among nations in attracting FDI is increasingly fierce.

Vietcap Securities Joint Stock Company (Vietcap) predicted a potential weakening in the upward momentum of the VN30 basket, which could result in downward adjustments for large capitalisation groups leading the VN-Index.

Despite falling slightly short of the year's set target of 6.5 per cent, Việt Nam's 5 per cent GDP growth has been assessed by international financial institutions as outperforming many economies given the ongoing global economic downturn.