Officials from Việt Nam’s Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy on January 24 agreed to speed up the negotiation for a comprehensive economic partnership agreement (CEPA) between the two countries.
Shares ended lower on Wednesday, primarily driven by selling pressure that emerged towards the end of the trading session, particularly affecting various large-cap stock groups.
Vietnam’s Mobile World Investment Corporation (MWG) opened the 50th store of EraBlue – its joint venture with Indonesia’s leading technology retail provider Erafone – in Tangerang, Indonesia on January 23.
Foreign remittances to HCM City topped US$9.46 billion last year, an increase of 43.3 per cent from 2022 and the highest in the last 10 years, deputy director of the State Bank of Việt Nam’s city branch, Nguyễn Đức Lệnh, has said.
The state visit to Việt Nam by German President Frank-Walter Steinmeier is poised to generate fresh impetus for collaboration between Việt Nam and Germany in pivotal sectors such as industry, trade, and energy.
As Tết approaches, many people in HCM City are preferring vegetarian foods thanks to their wide variety and affordable prices.
The strong inflows of Foreign Direct Investment will likely continue in 2024, buttressing Việt Nam’s manufacturing sector. The nascent recovery of the global trade cycle will boost Việt Nam’s exports. Furthermore, Việt Nam is likely to witness a gradual uptick in international tourism.
The recent signing of a protocol regarding the export of Vietnamese watermelon to China via official channels will help deter trade risks, boost the standard of the farm produce, and ease congestion at border gates
As many as 161 merchants had been granted certificates of eligibility for exporting rice as of January 22, decreasing from mid-2023, reported the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
A seminar took place in Moscow on January 23, as part of a trade connectivity project, aiming to bring more Russian products into Việt Nam’s hotels.
VinaCapital Fund Management reported strong outperformance in their open-ended funds compared to benchmarks over the past year.
Hòa Phát Group reported a remarkable after-tax profit of almost VNĐ3 trillion (US$125 million) in Q4 2023, up 249 per cent year-on-year.
The industrial property market would continue to develop strongly in 2024, driven by the FDI influx which is expected to continue.
Animal husbandry enterprises continue to face many challenges this year.
In the fourth quarter of 2023, overall brokerage revenue of securities companies fell 21 per cent from the third quarter, while the outstanding balance increased by around 15,000.
A report from the Ministry of Agriculture and Rural Development said that the total cashew planting area in the country reached an estimated 314,000ha in 2023, down 8,300ha compared to 2022. Of which, the area under cultivation was 300,000ha, producing over 345,000 tonnes of cashew nuts.
Key traders must report specifically on the petroleum distribution system, including owned stores, leased stores, gasoline retail agents, gasoline retail franchisees and general gasoline trading agents.
Given global economic difficulties and high interest rates, consumers will not be really strong in their spending decisions, and global seafood consumption demand is unlikely to increase sharply, according to VASEP.
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