Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam-Algeria trade surges 200 per cent in 10 months

Wood industry has huge potential to increase revenue from selling carbon credits

Việt Nam has 14 million hectares of forests, which, if well-managed, offer opportunities for the country to capitalise on the carbon credit market, a dialogue heard in HCM City.

PVN, CIP team up in renewable energy

Under the MoU, the two firms will share knowledge and information on energy transition from oil and gas to renewable energy, with specific topics such as technology, supply chain, logistics, infrastructure, and technical expertise. They will also explore opportunities for cooperation in developing offshore wind power projects in Việt Nam.

Distributors join hands to prevent unsafe food from entering supermarkets

Six leading distribution systems - Saigon Co.op, Satra, AEON, Central Retail, MM Mega Market, and Bách Hóa Xanh - signed an agreement to deploy a cooperation programme on goods quality control in HCM City on March 8.

Burgeoning postal market raises concerns over unhealthy competition

The postal service revenue has experienced average growth of over 20 per cent between 2019 and 2023, which has led to fierce competition on the market, raising concerns about the emergence of unhealthy competition.

PM meets with Vietnamese Business Association in Australia

The VBAA, established in 2010, has about 500 members, including some 100 in Vietnam.

HCM City market for townhouses, villas weakest in 5 years

The HCM City townhouse and villa market is now at its lowest level since 2019 in terms of supply and number of transactions.

Car rental service in high demand after Tết

Car rental services with drivers in Hà Nội, for people to return home and travel, have risen from the first days of March.

Việt Nam automobile market remains stagnant in early 2024

Car manufacturers have resorted to offering big discounts and promotions to attract customers and stimulate demand.

Key southern economic region attractive to foreign investors

Among localities in the region, Đồng Nai Province recorded the most impressive results in foreign investment attraction.

Motorbike sales continue slump after Tết holiday

There is usually a decline in sales after Tết due to increases before the holiday, according to industry insiders.

Shares plunge amid intense selling force, soaring liquidity

Intense selling pressure in the afternoon session caused the VN-Index to decline further, dampening market sentiment amid soaring liquidity.

Việt Nam-Australia: Ready for a next stage

Việt Nam and Australia are looking to elevate their ties, possibly towards a comprehensive strategic partnership, according to HSBC’s economists.

Việt Nam's telecom companies enter bidding war for 5G rights

Speaking at the event, Deputy Minister of Information and Communications Nguyễn Huy Dũng said the bidding is a historic day for the telecom sector and the commercialisation of 5G in Việt Nam.

A billionaire’s dream: bridging Việt Nam and the world

In Việt Nam's business community, talented female leaders making substantial economic contributions are abundant, yet individuals like Madame Thảo, succeeding in the traditionally male-dominated aviation industry, are globally rare gems.

Construction of $163m Sông Công II Industrial Park phase 2 project approved

Having a total investment capital of nearly VNĐ4 trillion, with nearly VNĐ598 billion being contributed from the State budget, the project is required to be completed within 36 months from the date of land handover.

Conference promotes business connectivity between Việt Nam, India

The India – Vietnam Business Conference 2024 was held in HCM City on March 8, creating business cooperation opportunities for enterprises of both sides.

AG&P LNG acquires 49% stake of Cái Mép LNG Terminal

LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, announced on March 7 that it has acquired a 49 per cent stake in Cái Mép LNG Terminal located in Bà Rịa- Vũng Tàu Province in South Việt Nam.

Conference promotes sustainable development of Vietnamese pepper and spices

Vietnam International Pepper and Spice Outlook 2024 serves as a platform for exporters, suppliers, cooperatives, farmers and government bodies to gather, foster networking and explore cooperation opportunities.

VN, China aim to develop a commodity exchange to promote trade

Việt Nam and China emphasised the critical role of a strong legal framework for ensuring stable and sustainable development of the commodity market.

Việt Nam’s ultra-high-net-worth individuals increase by 2.4 per cent

The report also predicts the UHNWIs population in Việt Nam will grow to 978 in 2028, meaning an increase of around 30 per cent in the five year period.