Việt Nam News

Vietnamese leading investors like Vingroup, TH Group, FPT, and Vinamilk have affirmed their intention to continue expanding their investments abroad in the coming time, given their effective business activities in the host countries.

Việt Nam’s semiconductor industry is rapidly evolving with significant milestones and future goals. Since the late 1990s, the return of Vietnamese engineers from abroad has bolstered chip design capabilities.

The Business Association in the northern province of Thái Bình on August 5 coordinated with the Dhaka Chamber of Commerce and Industry to organise a conference connecting Bangladeshi and Thái Bình businesses.

Việt Nam’s industrial production has continued its rosy signs since late 2023, promising a bright prospect for the country in the time ahead, Deputy Minister of Industry and Trade Phan Thị Thắng said at the Government’s regular press conference in Hà Nội on August 5.

Việt Nam is expected to maintain a trade surplus for the ninth consecutive year in 2024, given its export growth in the remainders of the year equal to that during January-July, according to experts.

The Vietnam Stock Exchange (VNX) and the Singapore Exchange (SGX Group) on August 5 signed a Memorandum of Understanding (MoU) on boosting their communication channels to promote their relations and serve the interests of the Vietnamese and Singaporean stock markets.

HCM City is among the top destinations in Việt Nam that tourists from Australia want to visit.

The Ministry of Construction has agreed with the State Bank of Việt Nam’s proposal to offer preferential lending rates for homebuyers who borrow from the VNĐ120 trillion social housing credit package.

Vũ Tiến Lộc, a National Assembly Deputy and former Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI), passed away on Monday at the age of 64, a source from VCCI said.

The State Securities Commission of Việt Nam (SSC) and the Australian Securities and Investments Commission (ASIC) officially signed a Memorandum of Understanding (MOU) in Sydney.

Revenue from the service is projected to hit VNĐ33.79 trillion (US$1.3 billion), up 22 per cent year-on-year.

The Ministry of Industry and Trade’s draft proposal on the petrol business which states that distributors are not allowed to trade petrol with each other but only permitted by buy petrol from wholesalers, has met objections.

Kaspersky, the global cybersecurity and digital privacy company, has appointed Sonic Technology Solutions Joint Stock Company as its second distributor for the B2B segment in Việt Nam in line with its strategy to boost its growth in the country.

Việt Nam's strong economic performance in the first half of 2024 has led the government to raise its GDP growth target to 6.5-7 per cent, yet domestic businesses remain cautious, due to ongoing challenges not fully captured by broader economic indicators.

DUYTAN Recycling Company and Ajinomoto Vietnam have recently signed a cooperation agreement to collect and recycle plastic packaging as part of the Extended Producer Responsibility (EPR) programme.

Prime Minister Phạm Minh Chính has asked proactive, flexible, timely and effective monetary policies to be continued to promote the country’s socio-economic development while ensuring the safety of the national financial and banking system while working with the State Bank of Việt Nam and relevant ministries on Monday.

More than 34 million e-wallets were active as of June 30.

Costa Rica’s diplomatic note on its recognition of Việt Nam as a market economy is a positive move in the context that the Southeast Asian country is calling on its trade partners to recognise its market economy status.