Việt Nam News

Vietnamese banks' profitability is expected to be squeezed due to debt relief provided to borrowers affected by a recent deadly typhoon, according to S&P Global Ratings.

Việt Nam’s garment industry, a key player among the top three exporters in the global market, is essential to the country’s economic prosperity, contributing 15-20 per cent of total exports and providing over three million jobs.

The Financial Services Industry is at the forefront of innovation, often leading the way even in highly regulated sectors, said Eric Yeo, country manager for Amazon Web Services Vietnam.

The Energy Efficiency and Sustainable Development Department and the Dutch Sustainable Trade Initiative (IDH) signed a MOU to support the sustainable development of the textile and footwear industry in Việt Nam.

The latest trends and innovations in sports equipment, technology and services are on display at the 9th Vietnam International Sports & Outdoor Exhibition that opened in HCM City on Thursday.

Vietnamese dragon fruit is particularly prized in the Indian market, but export volumes are still modest.

Bitexco Group has reached an agreement to transfer its 100 per cent stake in Saigon Glory, the developer of the luxury One Central HCM twin towers in central HCM City, to Eastern Hanoi Real Estate Company Limited.

Despite encouraging growth amid a volatile global economy, the timber industry faces significant challenges from market dynamics and natural disasters in the final months of 2024.

According to finance and banking expert Nguyễn Chí Hiếu, the fact that many real estate companies have simultaneously paid dividends to investors reflects the positive recovery of the real estate market.

Given the evolving economic landscape and changes in living standards, The Ministry of Finance is conducting a comprehensive review and assessment of the Personal Income Tax Law, which includes the consideration of family circumstance deductions.

In the first half of September, the influx of imported cars into Viet Nam remained robust, despite a recent government policy to reduce registration taxes for domestically assembled vehicles.

Việt Nam has taken on the role of a partner country at the Uttar Pradesh International Trade Show 2024, which opened in Greater Noida City in the Indian state on September 25.

The Vietnam Trade Promotion Agency (Vietrade) and the SPIRIT Slovenia Business Development Agency signed a Memorandum of Understanding (MoU) on cooperation at a bilateral trade forum organised in Hà Nội on September 26.

The Philippines’ Aboitiz Foods on September 26 inaugurated a US$45 million animal feed plant at the Nhựt Chánh Industrial Park, Bến Lức district, the Mekong Delta province of Long An.

Việt Nam and Indonesia are witnessing positive growth in business relations, with significant potential for collaboration across sectors, particularly in high-tech industries, agriculture, and fisheries.

Saigon Co.op announced its zoning plans for raw material areas and signed memorandums of understanding with 17 producers and suppliers in six provinces and cities at a ceremony it held in HCM City on September 24.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased by 4.01 points, or 0.31 per cent, to end the trading session at 1,291.49 points, marking its third consecutive day of gains.

The Việt Nam-US relationship was elevated to a comprehensive strategic partnership on September 10, 2023. One year on, cooperation between the two countries has expanded. On his recent visit to the US, Việt Nam’s top leader Tô Lâm expressed his wish that the partnership will continue to be strengthened.