Việt Nam News

With exports expected to remain mired in difficulties for the rest of the year, the cashew industry has lowered its export target for this year to US$3.05 billion, $50 million and $750 million below its own previous target and the Ministry of Agriculture and Rural Development’s.

Deposit interest rates have continued falling to below 8 per cent per year at all banks in Việt Nam as the State Bank of Việt Nam (SBV) aims to maintain a stable macroeconomic landscape and promote lending.

The reversal was mainly driven by stronger profit-taking demand after the index rallied continuously and breached the threshold of 1,200 points.

The Cửu Long (Mekong Delta) province of Long An plans to establish 17 new industrial parks, bringing its total to 51 by 2030, with a total area of nearly 12,500 hectares, according to the provincial People's Committee.

The JBIC will continue cooperating closely with Việt Nam to develop socio-economic infrastructure, thereby helping foster the two countries’ relations in an increasingly intensive and effective manner for the sake of the two peoples

The Civil Aviation Authority of Việt Nam was working with foreign aviation authorities to provide support to airlines based on the principle of reciprocity.

Internet searches for accommodation in Việt Nam on an online travel platform surge after the National Assembly’s recent reinstatement of 90-day visas for Việt Nam-bound travelers.

Nearly 270 Vietnamese and foreign companies are displaying a wide range of products for the textile and garment industry at the 2023 Vietnam Saigon Fabric and Garment Accessories and Industry (SaigonFabric Summer) Exhibition being held in HCM City from July 26 to 29.

Phú Nhuận Jewelry Joint Stock Company (PNJ) reported net revenue of nearly VNĐ16.5 trillion (US$697 million) and profit after tax of VNĐ1.08 trillion ($45.6 million) for the first half of the year, meeting 55.9 per cent of its profit goal for 2023.

More than 1,000 domestic and international brands in the cosmetics and beauty industry are showcasing products and technologies at the Vietbeauty & Cosmobeauté Vietnam that opened in HCM City on Thursday.

HDBank is one of the first lenders in Việt Nam to have successfully adopted Basel III reforms standards.

Sixteen businesses have received the Vietnam Excellence Awards for innovation, employee happiness, business performance, and social responsibility.

The Prime Minister approved a national circular economic development project on June 7, 2022, which affirmed that the proactive development of the circular economy is inevitable.

Among the top ten largest fruit and vegetable export markets of Việt Nam, China led with nearly 63.5% of the market share, worth about $1.3 billion in the first five months of the year. Following were South Korea, Japan and the Netherlands.

The green transition has been increasingly implemented by businesses in Việt Nam for the past five years. Although the implementation progress is still relatively slow, with the inevitable motivation to improve the industry's advantages, it is the best time for domestic enterprises to focus on accelerating transformation.

Dương Nghĩa Quốc, chairman of the Việt Nam Pangasius Association, spoke with Việt Nam News reporter Tố Như regarding this matter.

Too much dependence on credit to boost the economy is not the safe path.

Hyosung Việt Nam has unveiled a plan to build a carbon fibre factory with a total capital outlay of up to USD$1 billion in Bà Rịa-Vũng Tàu Province.