Việt Nam News

From a club of 15 initial members, the Vietnam Young Entrepreneurs Association (VYEA) now gathers nearly 19,000 members nationwide. Its member businesses earn more than US$40 billion in annual revenue, contribute over 10 per cent to national GDP, and create jobs for over five million people.

The Singapore Government approved in principle the sale of 1.2GW from a 2.3GW wind farm offshore Việt Nam but the latter must come up with a framework to implement the deal within the next year.

Carbon accounting and biodiversity accounting are among the foundations that Vietnamese companies must implement right now in order to reach the net-zero target by 2050, experts said at a seminar discussed about the circular economy in HCM City on Monday.

Achieving the credit growth target will be a challenge in the context of the low capital absorption rate of businesses and the entire economy.

As of October 2023, more than VNĐ389 trillion (US$16 billion) has been disbursed nationwide, reaching 55.02 per cent of the plan. 

Market breadth was negative with 165 gainers and 351 losers, while 85 shares ended flat.

With the theme Sustainable E-commerce Development, the event is part of the National E-commerce Week (November 27 to December 3, 2023) and the 10th Vietnam Online Shopping Day - Online Friday.

In the month, the number of newly-established firms in the province reached 293, up 7.3 per cent year on year, with a combined registered capital of over VNĐ4.5 trillion (US$185.6 million), a surge of 71.6 per cent.

Belgium's ambassador to Việt Nam HE Karl Van den Bossche, said this was the sixth time a delegation of Belgium's enterprises came to Việt Nam to seek business opportunities.

To avoid risk and ensure stable credit, trade credit insurance is recommended as a “shield” for companies because it is a method for protecting a business against risks.

Numerous enterprises engaged in capital-intensive sectors like infrastructure construction are facing challenging situations with limited cash resources.

Since 2013, the province has identified a shift in its development approach from "brown" to "green," promoting sustainable development in tourism.

The State Audit of Vietnam (SAV) has recommended the State Bank of Vietnam (SBV) coordinate with agencies to urgently speed up the compulsory transfer progress for poor-performing banks.

Experts believe that investor sentiment will improve this week, leading to the return of cash flows.

A surge in global prices has driven gold to historic heights in the domestic market with SJC gold bars and 9999 gold rings reaching the highest price since the beginning of the year.

The new Decision 522/QD-BGTVT of the Ministry of Transport divides seaports by locality instead of by region as in the old regulations.

“The future of environmental, social and governance will be shaped by innovation and sustainable solutions,” Dzeneta Mulabegovic, strategic specialist, UNDP, Việt Nam, said.

Phú Nhuận Jewelry Joint Stock Company (PNJ) reported net revenue of over VNĐ3 trillion (US$123.1 million) and after-tax profit of VNĐ193 billion ($7.9 million) in October, a year-on-year increase of 1.6 per cent and 31.6 per cent, respectively.