Việt Nam News

Prime Minister Phạm Minh Chính said SoEs hold significant material resources, large assets and capital, and they play an important role in promoting Việt Nam's economic development, ensuring social stability.

The General Statistics Office reported retail sales and consumer service revenue reached an estimated VNĐ524.1 trillion (US$21.8 billion) in January, a sign of healthy economic activity in the lead-up to the Lunar New Year (Tết) festival.

No Va Land Investment Group Corporation (Novaland - NVL) has announced its financial report for the fourth quarter of 2023, with a decrease in revenue but a surprisingly strong increase in profit, reaching the highest level in the past 3 years at over VNĐ1.64 trillion, nearly 13 times higher than the same period in 2022.

Trading volume is likely to be thin this week as investors decline to make big bets ahead of Tết.

In the past, the locality has paid attention to attracting high-quality projects creating breakthroughs for the local industry which is developing towards modernisation and sustainability.

HCM City has set a target of achieving an economic growth rate of at least 6.5 per cent in the first quarter, the highest level since 2020.

Việt Nam saw a slight drop in overall consumer demand, down 6 per cent year-on-year, from 59.1 tonnes in 2022 to 55.5 tonnes in 2023.

China was the largest consumer of Việt Nam's ago-forestry-fishery products, accounting for 23 per cent of the total or marking a yearly rise of 106 per cent.

As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of production, business activities and consumption.

The suggested price adjustment aims to provide EVN with a sustainable revenue stream for its power plants' operation and more accurately reflect the group's input costs.

The issuance of gold certificates is common in some countries. Instead of holding gold, people can keep gold certificates issued by the central bank that can trade on the exchanges.

Leaders from foreign-invested companies spoke with Việt Nam News reporters Vũ Hoa and Thu Ngân to evaluate the picture of Việt Nam's economic growth and their key focuses for the year ahead.

Trade activities between Việt Nam and China have been busy since the beginning of 2024, with a series of border gates reopened and upgraded

The “Tết Xanh – Quà Việt 2024” fair opened in HCM City on February 3 for consumers shopping for the Lunar New Year (Tết).

Totally in 2023, the company posted a revenue of over VNĐ4.35 trillion ($178 million) and a pre-tax profit of over VNĐ999 billion ($41 million).

Financial leasing has high potential in Việt Nam’s dynamic economy with more than 800,000 enterprises and more than 5 million business households.

Companies in sectors less affected by the economic crises and those with deep pockets are driving transactions in the HCM City office market, analysts have said.

The IIP, however, decreased by 4.4 per cent compared to the previous month. The GSO said this development was quite similar to 2023 with a continuous decline at the beginning of the year and a return to growth in the last months of the year. This result could also be considered a basis for IIP to leap forward in the upcoming period.