Việt Nam News

The market is expected to reach US$18 billion by 2024 with a high level of competition.

The US Department of Commerce (DOC) has commenced anti-dumping investigation into bottless steel shelving units from Việt Nam, Trade Remedies Authority of Việt Nam said, recommending enterprises producing and exporting related products keep a close watch on the next developments of the case. ​

Three international exhibitions, Electricity, Industrial Machinery and Automation; Water Vietnam; and Energy Vietnam opened at the World Trade Center Bình Dương New City on Wednesday.

The Việt Nam Software and IT Services Association (VINASA) held the Việt Nam - Asia DX Summit 2023 with the theme “Driving Economic Growth Enabled by Digital Data Mining and Smart Connectivity” in Hà Nội on Wednesday.

The VN30-Index followed the VN-Index pattern. It lost 6.50 points (0.61 per cent) to end at 1,061.55 points. In the basket, five stocks rose, two stayed unchanged, and 23 fell.

An Indian delegation comprising 17 business executives from various sectors like IT, infrastructure, electrical equipment, aquatic processing, technology services, and renewable energy met with their Vietnamese counterparts to explore tie-ups at a meeting held both online and offline on May 23.

There is great potential for Việt Nam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thị Thắng at the 8th meeting of the Việt Nam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hà Nội on Tuesday.

The move, effective from Thursday, is the SVB's third round of rate cuts since early 2023 when it became one of the few central banks to take an expansionary stance to support economic growth. 

The first Vietnam ASEAN International Furniture & Home Accessories Fair to be held in HCM City from August 29 to September 1 will provide a platform for Southeast Asian furniture and home accessories producers to display their products and connect with buyers from all over the world.

Real estate stocks have currently entered the medium-term recovery wave in the long-term downtrend, but the wave usually lasts three to six months.

More than 40 meetings will be arranged at the event.

Many banks have cut their costs to income ratio (CIR) thanks to digital transformation to optimise operations, which greatly contributed to their positive business results in the first quarter of 2023 despite the challenging market context.

The index in the first four months of this year rose by 1.6 per cent over the same period last year.

The global corporate minimum tax is unlikely to impede Việt Nam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Việt Nam, Michael Kokalari, chief economist at investment fund VinaCapital, said.

Without the complete elimination of monopoly in the market, the state must continue to intervene to ensure the rights and benefits of consumers are protected. 

Regarding the proposal of the central bank to transfer the undisbursed sum of the 2 per cent interest rate support package into other forms of support, many experts said that this should be the way to go and must be implemented as early as possible.

Food and drink was the sector on the decline yesterday as it lost 1.30 per cent on the bearish vibes.

Many wind and solar power plants have been invested in but have not been put into use, causing a waste of social resources.