Việt Nam News

A recent survey conducted by Vietnam Report JSC has unveiled an optimistic outlook, with 66.7 per cent of businesses in the tourism and hotel industry expressing confidence in more favourable prospects this year.

According to Nguyễn Văn Huế, head of the provincial Job Service Centre, the electricity, electronics, and garment sectors have the highest recruitment demand.

FPT Retail Corporation has just released its consolidated financial report for the fourth quarter of 2023, with net revenue reaching VNĐ8.69 trillion, a 3 per cent increase compared to the same period in 2022.

In the span of over three years since the implementation of the EU-Việt Nam Free Trade Agreement (EVFTA), the economic and trade relationship between the European Union (EU) and Việt Nam has flourished. Bernd Lange, Chairman of the European Parliament's Committee on International Trade, recently shared his insights with Việt Nam News on this noteworthy development.

According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.

Real estate ranks first in FDI attraction after a long time standing at the second place, after the processing - manufacturing sector.

Foreign firms occupied $11.06 billion, up 1.9 per cent against the same time last year, while the domestic sector made up $4.02 billion of the total, a year-on-year rise of 10.4 per cent.

Entering the market is already difficult, but maintaining market share can be even more difficult.

A delegation of the State Audit Office of Vietnam (SAV) led by Deputy Auditor General Bùi Quốc Dũng visited the Swedish National Audit Office (NAO) on January 29-30 after attending the 22nd meeting of the Working Group on Environmental Auditing (WGEA) of the International Organisation of Supreme Audit Institutions (INTOSAI) in Finland.

The conference attracted participation from Việt Nam trade offices abroad, relevant agencies and businesses from 63 provinces and cities across the country.

Liquidity soared more than 70 per cent from the previous session to more than VNĐ20 trillion.

The Hồ Chí Minh City Development Joint Stock Commercial Bank, HDBank as it is commonly known, thanks to a development strategy focused on sustainable growth and effective risk management, overcame global economic headwinds and internal constraints to achieve good growth in 2023.

The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.

Việt Nam expects livestock products to join the list of products gaining billion dollar export value, if Việt Nam can sign the protocol on poultry meat export with China, and continue to negotiate the protocol on pork export to this market, Nam said.

In the last month, major banks including Vietcombank, ACB, TPBank, SHB and BIDV, as well as other consumer finance companies have been rolling out offers with incentives to individual customers. 

This year the Government plans to improve the business environment through comprehensive reforms and policy changes and support businesses.

The department urged enterprises exporting to Saudi Arabia to keep a close watch for market updates and comply with Halal certification requirements.

Masan's net revenues for fiscal year 2023 were up 2.7 per cent at VNĐ78.25 trillion (US$3.2 billion).