Việt Nam News

The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.

The market is likely to extend gains after holiday, but the rising supply is likely to put great pressure on market when the VN-Index approaches the resistance area of 1,240 points, said brokerages.

In the first seven months and in July alone, Thailand secured the first position in auto exports to Việt Nam.

PM Chính said countries should work together to improve institutions through standardising and harmonising investment and business regulations in ASEAN, simplifying procedures by digital transformation and promptly removing the businesses' arising problems.

With the theme "Around the world with Saigon Beer", Vũng Tàu Beerfest 2023 took place on last weekend (September 2 – 3) with a scale of up to 100,000 square metre and 40 food stalls.

In this plan, the GDT aims to continue to review and propose plans to reduce and simplify regulations related to business activities, and eliminate regulations that are no longer appropriate.

A trade promotion event between Việt Nam - Republic of Korea (RoK) which aims to strengthen economic ties and cultural exchanges between the two countries is under way in Hải Phòng City.

Sóc Trăng Province will study to establish the Trần Đề coastal economic zone along Trần Đề estuary and the coastal area of ​​Sóc Trăng Province by the year 2030.

During the first half of 2023 exports from the Czech Republic to Việt Nam increased by 48 per cent while Vietnamese imports expanded by 7 per cent compared to the previous period.

A series of consultancy presentations from Amazon experts are being offered at the Vietnam - ASEAN International Furniture & Home Accessories Fair 2023 (VIFA ASEAN 2023), which is being held in HCM City.

Compared to the same period last year, the processing and manufacturing industry increased by 3.5 per cent; electricity production and distribution increased by 3.7 per cent; and water supply, management and treatment of waste and wastewater increased by 1.8 per cent, while the mining industry decreased by 6.2 per cent.

Vietnamese textile firms showcase their competitive products at a Canadian trade fair, despite not fully leveraging the benefits of the CPTPP free trade agreement. As the $10 billion Canadian market seeks reliable Vietnamese suppliers, there is a need for more support to connect firms and increase order signings.

The week features 94 booths of localities and businesses from the two countries, including over 60 of Việt Nam and 30 of the RoK.

A number of businesses in HCM City, particularly those operating in the real estate sector, are facing significant tax debts due to financial constraints and liquidity issues.

Việt Nam’s FPT technology giant was honoured in two major catergories “Typical CSR enterprise of Vietnam and the “Most impressive community activities globally” in the 15th Annual Global CSR & ESG Summit & Awards.

The total trade value in the period posted a year-over-year decrease of 13.1 per cent to $435.23 billion.

The Việt Nam-EU Free Trade Agreement (EVFTA), which went into effect on August 1, 2020, has brought Việt Nam-EU economic partnership to the next level while establishing a solid foundation for future economic and investment collaboration.

Many Vietnamese micro, small and medium enterprises have not prioritised the transition to green development due to many limitations such as human resources and access to capital, according to experts.