Việt Nam News

Data security and privacy play a pivotal role in the digital transformation of the finance and banking sector, according to experts.

Set to be enforced from July 1 this year, Circular 22/2023/TT-NHNN introduces a significant change in credit risk management in the country's financial system.

The Ministry of Construction will issue more construction price norms for public transport projects under its authority in the first quarter of 2024 to boost the construction of the country’s key transport projects.

An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against a target of VNĐ2.8 trillion ($114.45 million).

The Saigon Thương Tín Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd has officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Đà Nẵng project.

More than VNĐ662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan.

An estimated US$866.8 million in foreign direct investment (FDI) was channelled into Hà Nội in January,.

The ceiling retail petrol prices were revised up from 3pm on February 1 by the Ministry of Industry and Trade, and the Ministry of Finance.

Business activities in the last quarter of 2023 showed improvement, leading to a brighter financial outlook for the entire year.

The agreement aims to strengthen communication and nutrition education for children and school-aged students.

The market finished higher on Thursday, recouping losses from the previous session, while foreign investors continued to inject capital into the two main bourses. 

A recent survey conducted by Vietnam Report JSC has unveiled an optimistic outlook, with 66.7 per cent of businesses in the tourism and hotel industry expressing confidence in more favourable prospects this year.

According to Nguyễn Văn Huế, head of the provincial Job Service Centre, the electricity, electronics, and garment sectors have the highest recruitment demand.

FPT Retail Corporation has just released its consolidated financial report for the fourth quarter of 2023, with net revenue reaching VNĐ8.69 trillion, a 3 per cent increase compared to the same period in 2022.

In the span of over three years since the implementation of the EU-Việt Nam Free Trade Agreement (EVFTA), the economic and trade relationship between the European Union (EU) and Việt Nam has flourished. Bernd Lange, Chairman of the European Parliament's Committee on International Trade, recently shared his insights with Việt Nam News on this noteworthy development.

According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.

Real estate ranks first in FDI attraction after a long time standing at the second place, after the processing - manufacturing sector.

Foreign firms occupied $11.06 billion, up 1.9 per cent against the same time last year, while the domestic sector made up $4.02 billion of the total, a year-on-year rise of 10.4 per cent.