Việt Nam News

The retail sale prices of petrol and other fuels were adjusted up from 3pm on July 4 by the Ministry of Industry and Trade and the Ministry of Finance.

Several auditors at auditing firm Deloitte Vietnam have been suspended by the State Securities Commission for dereliction of duty in the Saigon Commercial Joint Stock Bank (SCB) scam. 

At a workshop on solutions to protect bank customers held in Hà Nội, SBV Deputy Governor Phạm Tiến Dũng said the banking industry has made continuous efforts and closely coordinated with relevant ministries and branches in the digital transformation process, with some notable achievements.

During most of the day, VN-Index traded above the reference level. Even though the afternoon session recorded strong selling pressure, the VN-Index still ended the session higher on Thursday.

Tây Ninh Province is focusing on developing its agriculture to foster exports, especially with the issuance of codes for farming areas and packaging facilities.

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến has affirmed his confidence that Việt Nam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.

The Government has issued details of the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large customers,  with two options being through a private power line and the national grid via EVN.

Ensuring continued stable development, maintaining the upgraded status and avoiding a downgrade were key topics discussed at the “Motivating the Stock Market Upgrade” seminar held on July 2.

Kiên Giang Province is focusing on developing its animal feed industry to meet local demand and reduce its reliance on imports.

The government and Ministry of Finance are particularly focused on improving corporate governance quality linked with ESG (Environmental, Social, and Governance) standards for listed companies.

Some 424 out of 708 listed companies on the Hanoi and Ho Chi Minh stock exchanges surveyed have complied with information disclosure norms, 60 more than last year, a survey by the 2024 IR Best Practice Awards programme has found.

The inflationary pressure is not significant in the second half of this year, Nguyễn Đức Độ, Deputy Director of the Institute of Economics and Finance said. The inflationary drivers in the first half of this year mainly came from the increases in healthcare and education services prices from the third quarter of 2023.

The figure includes over VNĐ2.54 trillion in corporate taxes and over VNĐ7.36 trillion in taxes paid by household businesses.

Dr. Nguyễn Thanh Tuyên, Deputy Director of the Department of Information Technology and Communications Industry at the Ministry of Information and Communications, spoke to the Nhân Dân (People) newspaper about market access experiences and how to help Vietnamese businesses conquer the most demanding markets.

Trần Văn Trọng, General Secretary of the Việt Nam E-Commerce Association (VECOM), told Việt Nam News about the green and sustainable cross-border commercial development trend and how to help businesses build brands in the digital environment.

During most of the day, VN-Index traded above the reference level. Even though the morning session recorded slight selling pressure, the VN-Index still ended the session higher on Wednesday, a third consecutive day of rises.

Statistics from the Việt Nam Fruit and Vegetable Association show that durian export turnover reached $1.5 billion in the first six months of this year.

Stressing Việt Nam's priority given to the semiconductor and artificial intelligence industries in the future, Chính said that Việt Nam welcomes and encourages investors in those fields.