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Việt Nam sees ample room to expand trade, investment in ASEAN

Multidisciplinary linkages bring high value to businesses

The trend of business partnerships was becoming more and more popular in the modern economy because of the benefits it brought to the participating parties.

Ministries proposes reforms of investment incentives for post-GMT race

It becomes vital for Việt Nam to reform investment incentives in the context of rapidly changing and complicated world, the ministry said. The international business environment and cross-border investment face challenges. The global FDI flow is decreasing by 4 per cent while strategic competition among nations in attracting FDI is increasingly fierce.

Experts foresee VN-Index breaking 1,130 point barrier and heading towards 1,150 Points in 2024

Vietcap Securities Joint Stock Company (Vietcap) predicted a potential weakening in the upward momentum of the VN30 basket, which could result in downward adjustments for large capitalisation groups leading the VN-Index.

Việt Nam’s top 10 economic highlights of 2023

Despite falling slightly short of the year's set target of 6.5 per cent, Việt Nam's 5 per cent GDP growth has been assessed by international financial institutions as outperforming many economies given the ongoing global economic downturn.

Money recovered from massive Vạn Thịnh Phát bond fraud to be returned to rightful owners: Govt

The police are scouring the country for over 42,000 victims of a massive bond fraud thought to involve VNĐ30 trillion (US$1.24 billion) by property developer Vạn Thịnh Phát.

Central bank urges caution in gold trading

The price of gold bullions in Việt Nam had skyrocketed over the past weeks, even peaking at VND 83 million (US$3,419) per tael. The difference between domestic and world gold prices has continuously expanded in recent days, reaching nearly VND 20 million per tael at certain moments.

MWG sees drops in revenue in November after closing about 150 stores

The company said the fall was attributed to lower demand.

Several automobile manufacturers recall vehicles in 2023

The recalls aim to address potential safety or performance issues and ensure the well-being of the customers.

Forestry industry aims for $17.5 billion in exports in 2024

In 2023, the forestry sector marked a significant milestone when the processes were completed to transfer 10.3 million tonnes of carbon emission reduction to the Forest Carbon Partnership Facility (FCPF) through the World Bank (WB) at a unit price of $5 per tonne of CO2, amounting to $51.5 million.

Draft decree on investment support fund put up for public comments

The investment support fund aims to stabilise the investment climate, encourage and attract strategic investors and multinational enterprises as well as support domestic companies in prioritised sectors.

Local automobile market experiences a hard year

The decline in the local auto market affected both domestically-produced and assembled vehicles, as well as imported vehicles, prompting car manufacturers to take action to reverse the trend.

Banks adjust SMS banking fees, encourage switch to apps for notifications

Some banks have announced to adjust SMS banking fees starting from the beginning of 2024 and encouraged customers to switch to digital banking apps to get notifications for free.

Hà Nội’s economy expands 6.27 per cent in 2023

Hà Nội has recorded a year-on-year growth rate of 6.27 per cent in gross regional domestic product (GRDP) in 2023.

Markets mixed on the last day of 2023

Việt Nam’s stock market concluded the last session of 2023 in a quiet atmosphere without a clear direction for 2024.

New licensing regulations for the import and export of HFCs

The issuing licenses to export and import Hydrofluorocarbons (HFCs) substances will comply from January 1, 2024

Indigenous specialties - Traditional craft villages expo opens in HCM City

Dozens of businesses from 18 cities and provinces nation-wide are showcasing their products at the Indigenous Specialties - Traditional Craft Villages exhibition that opened in HCM City on December 29.

VinBigdata launches ViGPT

The first 1,000 people to register will experience ViGPT, a Vietnamese version of ChatGPT, for a period of 15 days. After gathering feedback from users, VinBigdata will refine and update the system.

Việt Nam achieves 5.05 per cent economic growth in 2023: GSO

Việt Nam's gross domestic product (GDP) growth rate for 2023 is estimated at 5.05 per cent, according to the General Statistics Office (GSO) announcement on December 29.

Nearly 7,000 planting area codes granted for fresh fruit exports

Fresh fruits, such as dragon fruit, mango, star apple, banana, grapefruit, passion fruit, seedless lemon, longan, lychee, chilli, and black jelly were given codes for export to China, America, Australia, New Zealand, Korea, China and Japan.

Link to Growth: investment opportunities leading up to the Lunar New Year

Driven by the spirit of "Hanoi for the nation, and the nation together," the program Link to Grow aims to enhance collaborative activities and to introduce the potential and strengths of Hà Nội and the provinces in the key economic region of Northern Việt Nam.