Việt Nam News

Tuesday saw a rebound in shares, driven by the continued gains of large-cap stocks. The market benefited from robust buying forces, supported by significant foreign net buying activity.

With the advantage of the seaport complex Cái Mép-Thị Vải, and properly invested roads, the logistic sector in the southern province of Bà Rịa - Vũng Tàu is expected to develop very well in the near future.

Adherence to the EU sustainability regulations would strengthen Việt Nam’s existing trade relations with the bloc and offer new development opportunities for the country, a forum heard in HCM City on November 27.

Việt Nam called on Chinese authorities to set a transition period for spiny lobsters imported into China, and expand the list of border gates between China and Việt Nam that are allowed to import agricultural and aquatic products, and food.

According to the provincial People's Committee, as of the end of October 2023, the total disbursed capital reached more than VNĐ6.64 trillion (US$276.7 million), achieving 48.1 per cent of the provincial People's Council's annual plan, lower than the same period in 2022 (53 per cent).

The carbon market has been identified as a key solution for Việt Nam to reach its net zero goal in the near future.

Although interest rates have reached historically low levels, the stock market has not witnessed trading sessions with values exceeding $2 billion as it did during the pandemic.

From a club of 15 initial members, the Vietnam Young Entrepreneurs Association (VYEA) now gathers nearly 19,000 members nationwide. Its member businesses earn more than US$40 billion in annual revenue, contribute over 10 per cent to national GDP, and create jobs for over five million people.

The Singapore Government approved in principle the sale of 1.2GW from a 2.3GW wind farm offshore Việt Nam but the latter must come up with a framework to implement the deal within the next year.

Carbon accounting and biodiversity accounting are among the foundations that Vietnamese companies must implement right now in order to reach the net-zero target by 2050, experts said at a seminar discussed about the circular economy in HCM City on Monday.

Achieving the credit growth target will be a challenge in the context of the low capital absorption rate of businesses and the entire economy.

As of October 2023, more than VNĐ389 trillion (US$16 billion) has been disbursed nationwide, reaching 55.02 per cent of the plan. 

Market breadth was negative with 165 gainers and 351 losers, while 85 shares ended flat.

With the theme Sustainable E-commerce Development, the event is part of the National E-commerce Week (November 27 to December 3, 2023) and the 10th Vietnam Online Shopping Day - Online Friday.

In the month, the number of newly-established firms in the province reached 293, up 7.3 per cent year on year, with a combined registered capital of over VNĐ4.5 trillion (US$185.6 million), a surge of 71.6 per cent.

Belgium's ambassador to Việt Nam HE Karl Van den Bossche, said this was the sixth time a delegation of Belgium's enterprises came to Việt Nam to seek business opportunities.

To avoid risk and ensure stable credit, trade credit insurance is recommended as a “shield” for companies because it is a method for protecting a business against risks.