Việt Nam News

Cash in days gone by, was certainly king. These days, not so much. More and more places in Hà Nội are going cashless, with customers paying via their smartphones. Businesses of all sizes say this is a good thing. But what do you think? Do you still carry cash or pay at the touch of a button?

With the commitment to the net-zero target by 2050, Việt Nam is looking to harness LNG-fuelled power for its high energy values and lower emissions. However, the current challenging situation requires more stringent actions for the country’s sustainable development.

Building smart cities in Việt Nam faces many challenges although technology businesses have striven its best to accompany localities in orientation, planning and building, heard attendants at the Việt Nam - Asia Smart City Summit 2023 held in Hà Nội on Wednesday.

The emergence of domestic buyers in the mergers and acquisitions market is a positive sign amid the global slump in the M&A market, a forum titled “Thriving Together” heard in HCM City on Tuesday.

Việt Nam News reporter Cao Ly Ly spoke to Nguyễn Quốc Toản, director of the Digital Transformation and Agricultural Statistic Centre, under the Ministry of Agriculture and Rural Development, to learn more about the process.

In 2021, Việt Nam's exports to the four CPTPP countries in the Americas reached more than US$12 billion, including $5.3 billion from exports to Canada, 75 per cent higher than before having the agreement.

The reasons behind the higher CPI include some localities raising the cost of healthcare services and tuition fees as per regulations, as well as domestic rice prices further rising due to an increase in the export price of the product.

It is estimated that about 113 MNEs in Việt Nam will be affected by the global minimum tax.

Continuing the positive trend, the Vietnamese stock market experienced another fruitful trading session on Wednesday, with most industry groups displaying gains.

Opening the day, the domestic gold price continued to surge by VNĐ0.5-1 million per tael after the international gold price rose for the fourth consecutive session on Tuesday to hit a six-month high.

The three-day exhibition has attracted more than 200 companies and brands from 19 countries, including Italy, China, South Korea and Việt Nam.  

South Korea’s national carrier, Korean Air, recently launched its inaugural flight to Phú Quốc island, a popular leisure destination for beachgoers, nature lovers and families.

The active efforts of Quảng Ninh Province's businesses, cooperatives and manufacturers are vital in securing goods, stabilsing the market, and increasing consumption as the year-end holiday approaches.

SBV’s statistics showed 28 banks have expected to increase their charter capital by more than VNĐ163 trillion in 2023, higher than last year’s number of VNĐ154 trillion. It is estimated that more than four billion bank shares are issued this year to pay dividends to investors.

Some 350 local and international experts engaged in discussions over a new era in Việt Nam’s insurance industry at the Vietnam Actuarial Conference 2023 hosted by Prudential Vietnam Assurance Private Limited in HCM City last week. 

Foreign investors have invested in 56 provinces and cities during the 11 months of this year.

The project is part of an effort to restructure the region's production system and value chain with a focus on sustainable farming practices, higher product value, greater business and production efficiency

Despite interest rate cuts by commercial banks, deposits by retail customers have continued to increase due to a lack of alternative asset classes.