The capital secured US$17.3 million from 19 new FDI projects, $70.7 million from seven existing projects' increasing their capital and $10.6 million from 19 foreign investors' capital contributions and share buying.
Capital flows into Asia, particularly Việt Nam, are driven by substantial infrastructure needs and the demand for green financing.
Việt Nam's total trade value was $305.5 billion in the first five months of 2024, an increase of 16.6 per cent over the same period of last year.
Some of the latest innovations in agriculture and livestock technologies are on display at an exhibition that opened in HCM City on Wednesday.
Weak construction activities have caused a decrease in demand for plastics, impacting business results, but expectations of improvement arise as state capital divestment boosts share prices.
Minister of Finance Hồ Đức Phớc shared insights with the press regarding budget revenue, fiscal policies and financial market issues.
The sluggish property market is expected to benefit from a surge in foreign direct investment and amendments to the Land Law, experts told a forum in HCM City on Wednesday.
The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at VNĐ0-2,590.85 per kWh for this year.
Việt Nam’s consumer price index (CPI) rose by 0.05 per cent in May compared to April, said the General Statistics Office (GSO) yesterday. The office cited increased pork prices leading to a supply shortage following the African swine fever outbreak at the end of 2023 and higher electricity prices due to recent hot weather. Compared to December 2023, CPI in May 2024 has increased by 1.24 per cent, and 4.44 per cent compared to the same period last year
Vietnamese shares reversed course to end lower on Wednesday as large-cap stocks in a series of industries suffered selling pressure, especially banking, real estate and manufacturing.
Pandora, the world’s largest jewellery brand, announced that it will operate on 100% renewable energy and only use recycled gold and silver at its new crafting facility in Viet Nam.
VRG has just released documents for the 2024 annual general meeting of shareholders, which is set for June 17.
The State Bank of Việt Nam (SBV) will directly sell gold to State-owned commercial banks starting June 3 and the banks will sell gold to the public.
Vietnamese coffee exports to the Spanish market, in the first four months of this year increased 53.7 per cent in volume and 136.6 per cent in value, compared to the same period last year.
The businesses are operating in China's electronics, high-tech and semiconductor manufacturing sectors.
Việt Nam’s coffee output in the 2023–2024 crop year is estimated to decrease by 20 per cent compared to the previous crop year, to 1.47 million tonnes, the lowest in four years.
More than 160 Vietnamese enterprises are showcasing high-quality and standard-compliant products at the THAIFEX – Anuga Asia 2024 in Thailand.
Việt Nam shipped an estimated US$24.14 billion worth of agro-forestry-fishery products overseas during January-May, up 21 per cent against the same time last year, according to the Ministry of Agriculture and Rural Development (MARD).