Many noteworthy events occurred in the local stock market throughout the year, as reported by Việt Nam News.
Overcoming the fluctuations from the global economic landscape and internal constraints in 2023, Việt Nam’s economy continued its trajectory of recovery, with inflation kept under control and key balances safeguarded.
However, the market's rallies were capped by an outflow of foreign capital.
The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Việt Nam (SBV) Đào Minh Tú.
Minister of Agriculture and Rural Development Lê Minh Hoan discussed the performance of Việt Nam's agriculture sector in 2023 and its development directions for 2024 in an interview with the Vietnam News Agency (VNA).
To promote responsible business in e-commerce, the Ministry of Industry and Trade actively deploys to protect the rights and interests of consumers.
Forecasting that the economy would continue struggling this year, the central bank will consider extending Circular 02 on debt rescheduling to assist in difficulties in 2024.
Without a long-term strategy and faster localisation, Việt Nam's energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.
The Mekong Delta province of Hậu Giang should capitalise on its strengths for fast and sustainable growth while making contributions to regional and national development, President Võ Văn Thưởng said on January 1.
A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.
The market capitalisation of Việt Nam’s stock market approximated VNĐ6 quadrillion (US$246.7 billion) in 2023, rising 9.5 per cent from and equivalent to about 62 per cent of gross domestic product (GDP) in 2022, statistics show.
Meanwhile, the market continued to witness an outflows from foreign capital as foreign investors net sold on both main exchanges.
The increased flights mainly connect HCM City and Hà Nội with Đà Nẵng, Hải Phòng, Vinh, Thanh Hóa, Huế, Đà Lạt, Cần Thơ, Nha Trang, Phú Yên and Phú Quốc.
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.
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