Việt Nam News

Although Việt Nam holds huge potential to boost rice export in 2024 as the world is forecast to face a shortage of about five million tonnes of the grain, limitations in linkage chain must be tackled for the industry to move forward.

Prolonged hot weather has caused cashew trees in Bình Phước Province to wilt at a time when prices of the nut are also low, causing farmers severe losses.

The PetroVietnam Power Corporation (PV Power)'s electricity sales revenue for February 2024 dropped by nearly 45 per cent compared to the same period last year, according to the latest report by the company. 

Việt Nam’s exports have been on a path of recovery since the beginning of the year. According to a report from the General Statistics Office (GSO), the total export turnover of goods in the first two months of 2024 reached US$59.34 billion, a 19.2 per cent increase compared to the same period last year.

Syndicated loans with the participation of more than one bank in managing and evaluating projects also help increase the transparency and efficiency of projects.

The current legal system does not have specific regulations on identifying key industries as well as specific policies to promote the development of these industries.

According to Việt Nam Bond Market Association, the market remains gloomy when regulations on corporate bond issuance are tightened, including criteria for professional individual investors and credit rating.

A young and technology-savvy population, favourable policies and rich cultural heritage coupled with the rapid digitalisation and economic integration will fuel the boom of the creative economy in Việt Nam.

Pillars contributing to the recovery were Techcombank (TCB), up 2 per cent, FPT Corporation (FPT) rose 1.73 per cent, Vietinbank (CTG) jumped more than 1 per cent, Hoa Phat Group (HPG) rose 1 per cent and Masan Group (MSN) climbed 1.55 per cent. 

The southern province of Bình Phước introduced its potential and incentives to invite European investors to invest in industry, trade, and high-tech agriculture in the province

There remains ample room for the cooperation between Vietnam and Nordic countries as they have advantages to support and complement each other in many fields.

Việt Nam's average coffee export price in February reached US$3,276 per tonne, up 7.4 per cent against the price in January and up 50.6 per cent compared to the same period of last year.

Vietnam Airlines will open direct flights between Hà Nội and Munich, one of the largest cities in Germany, starting from October 2024.

Knapper said since the first time a Vietnamese delegation joined the summit in 2016, Vietnamese businesses have invested hundreds of millions of dollars in the US economy.

Việt Nam's mergers and acquisitions market is poised for growth in 2024 with foreign investors scouring for strategic deals in the dynamic market and local firms needing capital to restructure but unable to source domestically, a conference heard in HCM City on March 12.

HCM City and Chinese provinces situated along the Yellow River, like Shandong, Shanxi and Qinghai, have great potential for economic, trade and investment ties as they have cultural similarities and their goods structures are complementary, a conference heard in the city on Monday (March 11).

In the first two months, export totaled $58 billion, up 17.6 per cent against the same period last year. Import was up 17.7 per cent to reach $54.4 billion.

If each trading account corresponds to one investor, domestic individual investors now account for 7.5 per cent of Việt Nam's population participating in the stock market.