Việt Nam News

2023 marked a significant milestone for the forestry sector as Việt Nam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million, said Deputy Minister of Agriculture and Rural Development Nguyễn Quốc Trị.

According to the Vietnam Steel Association (VSA), steel sales in November and December 2023 reached the highest levels in 20 months with growth between 20-40 per cent for different products.

On Friday, the benchmark VN-Index experienced a decline of 0.65 per cent, closing at 1,154.70 points. Throughout the past week, the average trading volume on the southern exchange stood at 90.5 million shares per session, with a total value of VNĐ1.8 trillion (US$73 million).

HCM City’s Department of Industry and Trade will deploy a number of measures to enable it to always stay ahead of trends, helping the city maintain its role as the economic locomotive and take the lead in innovation in the country, according to the Department.

Bia Saigon in co-operation with the HCM Central Youth Union (HCYU) on Sunday presented 600 Tết gifts to workers in Hà Nội’s Gia Lâm District.

The ground-breaking ceremony was held by the provincial People’s Committee and Becamex Tokyu Co. Ltd, a joint venture between Tokyu Group of Japan and Becamex IDC Corporation of Việt Nam.

At the dialogue, President Widodo suggested the two countries step up dialogues and high-quality cooperation to realise their common vision of becoming high-income nations by 2045.

Analysts from Vietcombank Securities Company (VCBS) say they expect a recovery of the real estate market from the second half of this year when the actual demand for buying houses to live in is still high and the need for property investment increases again.

Currently 70 per cent of businesses have changed their strategies and have had many export orders.

Constructing the Key Industrial Law aims to establish an independent, self-reliant and resilient industrial base.

VOSCO has been unable to pay cash dividends for over 12 years.

The credit risk-weighted (CRW) for loans to buy social houses and houses under the Government’s support programmes and projects will be reduced by half to a maximum of 50 per cent.

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.