Việt Nam News

The US Department of Commerce (DOC) recently announced preliminary conclusions of the anti-dumping investigation into aluminum extrusions and aluminium products originated from Việt Nam, according to the Ministry of Industry and Trade's Trade Remedies Authority of Việt Nam.

Deputy Minister of Finance Nguyễn Đức Chi said that despite global uncertainties, Việt Nam’s macroeconomy remains stable with robust recovery of production, exports and foreign direct investment.

The central bank has suggested that incentives could be used to promote non-cash payments.

Đồng Nai, a southern province, aims to become one of Việt Nam's three largest economic centres by 2030, after Hà Nội and HCM City.

The first quarter saw the Southeast Asian country import $3.079 billion worth of mobile phones and components, a 22.4 per cent increase compared to last year and the 5th largest import of the country.

The Vietnam National Credit Information Center (CIC) introduced the first credit scoring model according to international standards in 2015

The aim is to ensure fairness for businesses, consistency with regulations safeguarding investors' rights, and compliance with Việt Nam's international commitments.

Large-cap stocks in banking and manufacturing sectors led the market's downturn.

The disbursement of Việt Nam's public investment using foreign funds remains low, at just over 8.5 per cent, said Võ Hưu Hiền, deputy director of the Ministry of Finance's (MoF) debt management department.

Non-life insurance companies have seen a mixed performance in the first quarter of 2024, with several experiencing significant profit growth and others facing challenges.

Many distribution systems and foreign enterprises have shown interest in and are sending requests regarding items they want to trade at the Vietnam International Sourcing 2024, which is slated for June 6-8 in Ho Chi Minh City.

As of May 2024, the southern province of Binh Duong has attracted nearly 4,300 projects with a total investment capital of nearly $40.6 billion from 65 countries and territories, ranking third in the country after Ho Chi Minh City and Hanoi.

The disbursement of public investment funded by foreign sources in localities is relatively low at present, requiring solutions to difficulties facing each project, an official of the Ministry of Finance said,

The visit of Narayana Murthy, often referred to as 'India's Bill Gates' signifies the strengthening of the relationship between Indian and Vietnamese IT businesses.

Bad debt has returned to become a headache for the banking industry this year as it increased again in Q1 2024 after declining in Q4 2023 for the first time in eight consecutive quarters.

Adding the 7,900 taels of SJC gold bullions that were successfully auctioned off today, the central bank has released a total of 35,100 taels to the market in the past month.

The fruit is sold for AUD$34.99 (US$23.3) per kilogramme at the Australian Market Place supermarket.

The expected value of the contract between CNCTech and Hòa Bình amounts to VNĐ12 trillion (US$490 million).