Việt Nam News

Statistics of Việt Nam Timber and Forest Products Association (Viforest) showed that wood exports were estimated at US$4.7 billion in January – May, falling by nearly 30 per cent against the same period last year.

Foreign capital also showed a signal of improvement as foreign investors net bought on both main exchanges. 

Bia Saigon, a well-established local brand deeply rooted in Vietnamese culture, proudly partners with the Michelin MichelinGuide as the primary sponsorofficial partner of the Michelin Michelin Guide in Hà Nội and HCM City.

PVI Insurance has been awarded the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023" by International Finance Magazine (IFM).

VinFast officially launched the VF 3, a mini electric car model designed specifically for the Vietnamese market.

Although accounting for a 10 per cent share of total South Korean investment capital in Việt Nam, the Korean business community has been positively promoting Corporate Social Responsibility (CSR) programmes to contribute to socio-economic development in central Việt Nam over the past decades.

Sacombank began a project on June 7 to implement Basel III and strengthen risk management capacity with EY Vietnam Consulting Joint Stock Company offering consultancy.

New Zealand Trade and Enterprise, the government’s international business development agency, on Thursday kickstarted its 2023 Made With Care Campaign to reinforce the strong trade relations between New Zealand and Việt Nam.

The International Exhibition of Products, Telecommunications Services, Information Technology and Communications (ICTComm) and the International Exhibition of Film and Television Technology (Telefilm 2023) were held together at the Saigon Exhibition and Convention Centre on June 8.

Industry leaders of the plastics, rubber, printing, and packaging industries are gathering at the HanoiPlasPrintPack 2023, held from June 8 to 11 in Hà Nội at the I.C.E. - Hanoi International Center for Exhibition.

The analysts also expect the average 12-month deposit interest rate will drop to 7 per cent per year in 2023.

It is forecast that the demand for goods trading through Hữu Nghị and Tân Thanh border gates will increase sharply as Việt Nam and other countries are entering the peak time in the harvest season of fruits and agricultural products.

The imported electricity was a drop in the bucket compared to what generators produced at home. Việt Nam imported around 10 million kWh per day while generating 850 million kWh per day.

In the first five months of 2023, 554 realty firms went out of business, up 30.4 per cent year-on-year. Others became worse off as their revenue and profit fell by nearly 7 and 40 per cent, respectively.

Domestically produced and assembled cars are to have their registration fees slashed by half during the last six months of 2023, according to the Government Office.

Bến Tre Province aims to become one of the top three agricultural exporters in the Cửu Long (Mekong) Delta by 2030.

The investment is estimated at about VNĐ420 trillion (US$18 billion), mobilised from the State budget, non-budget capital and other legal capital sources.

Total value of insurance benefits is up to VNĐ100 million (nearly US$4,300), Vietjet said.