Bắc Giang speeds up economic diplomacy

Bắc Giang is striving to become a developed industrial province with Gross Regional Domestic Product (GRDP) among the country's top provinces. It considers economic diplomacy and international economic integration as the focus in cooperating with foreign partners, attracting and effectively using domestic and international resources to serve local development.

VN to purchase wind power from Laos: EVN

Vietnam Electricity (EVN) has submitted a document to the Ministry of Industry and Trade (MoIT) regarding the proposal to import wind power projects from the Lao People's Democratic Republic (Lao PDR) to the Quảng Trị Province.

Lending rate forecast to be cut by 1-1.5pp in 2024

VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some groups of firms which have good business prospects, with an aim to restructure debts and support customers through difficult times.

Tightened spending hits Christmas sales

Hà, an ornament store owner on Hàng Mã Street, said that prices of ornaments do not increase much from previous years, but sales are slow because consumers tighten spending on the impact of economic slowdown.

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