VN to purchase wind power from Laos: EVN

Vietnam Electricity (EVN) has submitted a document to the Ministry of Industry and Trade (MoIT) regarding the proposal to import wind power projects from the Lao People's Democratic Republic (Lao PDR) to the Quảng Trị Province.

Lending rate forecast to be cut by 1-1.5pp in 2024

VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some groups of firms which have good business prospects, with an aim to restructure debts and support customers through difficult times.

Tightened spending hits Christmas sales

Hà, an ornament store owner on Hàng Mã Street, said that prices of ornaments do not increase much from previous years, but sales are slow because consumers tighten spending on the impact of economic slowdown.

Share auctions plummet to 16-year low

The number of share auctions in the Vietnamese stock market has reached its lowest level in the past 16 years, according to recent statistics from the Hà Nội and HCM Stock Exchanges (HNX and HoSE).

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