Việt Nam News

Seaport congestion in Singapore is affecting the global supply chain, forcing many shipping lines to open new routes to other ports in the region. This is a rare opportunity for Vietnamese seaports to attract more shipping lines around the world.

Fuel prices remain a thorny issue for regulators, mainly on how to calculate retail prices with the Ministry of Industry and Trade (MoIT) saying the central government does not want to impose pricing, but it will take actions to ensure consumer rights are protected.

The SBV applied a dollar-denominated deposit interest rate cap of 1 per cent per year for organisations in 2010 and 3 per cent per year for individuals in 2011. The caps were gradually adjusted down to zero per cent from the end of 2015.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index plunged 22.83 points, equivalent to 1.82 per cent, to 1,231.81 points as the VN-Index witnessed its third consecutive day of significant drops.

The transport ministry forecasts that the number of passengers going through the seaport by 2030 will reach between 17 - 19 million, including international and domestic passengers.

Việt Nam needs a clear regulatory framework and solutions to promote the green finance market and encourage private capital flows into green fields, experts have said.

Techcombank (HoSE: TCB) announced its business results for the first half of 2024. The pre-tax profit for Q2 reached VNĐ7.8 trillion, up 38.5 per cent year-on-year, bringing the cumulative six-month pre-tax profit to VNĐ15.6 trillion, a 38.6 per cent increase compared to the first half of 2023.

The Ministry of Industry and Trade (MoIT) has submitted a report to the Government regarding the implementation of a pilot project for offshore wind power development, recommending that the private sector should not be assigned this task.

Prime Minister Phạm Minh Chính has just signed off on key tasks and solutions to promote growth, control inflation and stabilise the macroeconomy in July and the third quarter of this year.

The Vitetjet deal for 20 aircraft is one of the biggest and will allow the company to expand intercontinental flight network.

MobiFone Corporation won the auction for the radio frequency band 3,800-3,900MHz for 5G, with a bid of more than VNĐ2.58 trillion (US$1.06 billion).

While real estate bond issuance value has recovered year-on-year, its proportion of total issuances has dropped sharply - from nearly 55 per cent in the first half of 2023 to just 25 per cent in the first half of 2023.

Companies have urged the Government to remove regulations on adding iodine to salt, and iron and zinc to wheat flour for processing food.

During 13 years as the country’s highest leader, Party General Secretary Nguyễn Phú Trọng left imprints on the country’s major and important economic development orientations.

The State has approved a programme for using these types of construction materials in Việt Nam until 2030.

West Coach Station Joint Stock Company (WCS), a prominent operator of bus terminals, has announced a profit of VNĐ20 billion (US$785,000) for the second quarter, marking its highest profit level since 2015.

Quảng Nam Province is seeking investment from big businesses, a seminar heard in HCM City.