Việt Nam News

By successfully completing flight VN660 from Singapore to Hà Nội using SAF, Vietnam Airlines has taken a bold step towards fostering greener practices within the industry.

Under the draft circular on payment agents, the transaction limit is VNĐ20 million (US$785) per customer. The limit for an agent is VNĐ200 million per day and VNĐ5 billion per month.

These airfares are on routes from and to HCM City, Hà Nội, Đà Nẵng, Nha Trang, Quy Nhơn, Phú Yen, Phú Quốc and Đà Lạt.

The company’s consolidated revenue in 2024 is projected to be nearly VNĐ17.4 trillion (US$682 million), an increase of more than 8 per cent compared to 2023.

Statistics from Việt Nam Customs show that pangasius export turnover in the first five months of this year is estimated at US$725 million, up 2 per cent over the same period last year.

The steel industry in Việt Nam is expected to have a positive outlook for 2024, with major companies like Hoà Phát and Hoa Sen projected to experience significant recoveries, while small businesses may face challenges in finding output due to the recovery of steel prices and demand from large contractors.

Foreign direct investment into Việt Nam during the first five months of the year reached US$11.07 billion, a 2 per cent increase compared to the same period in 2023.

Deputy Prime Minister Trần Hồng Hà requested that the ministry take on a supervisory role in social housing, while compiling the draft of a decree on management and development of social housing held in Hà Nội on May 27.

The number of businesses entering and re-entering the market was still higher than those withdrawing in the first five months of the year.

The Tịnh Biên – An Giang international trade fair opened in the Mekong Delta province of An Giang on May 27.

The State Bank of Vietnam (SBV) has halted its gold bullion auctions and will introduce a new strategy to stabilise gold prices as early as June 3.

The recent depreciation of the Vietnamese đồng against the US dollar is due to the greenback strengthening in the international market and increasing demand for dollars in the domestic market in the wake of rising import demand.

The Vietnamese Government will foster a positive environment for Vietnamese and Chinese enterprises to collaborate effectively on mutually beneficial agreements, Deputy PM Trần Hồng Hà said.

From January to May, Vietnamese enterprises made outbound investments in 16 sectors, mostly focusing on mining, accounting for 43.1 per cent of the total capital, followed by manufacturing and processing industry (23.9 per cent); and trading and retail (8.3 per cent).

Experts say that this week the domestic and international pepper prices will not increase as fast as they did last week, but the market is not ready to cool down and it is likely to anchor at over VNĐ120,000 per kilo.

Cà Mau will spend VNĐ20 trillion (US$785.5 million) promoting the shrimp industry with a view to making the province the biggest shrimp raising hub in the Cửu Long (Mekong) River Delta region by 2030.

Bắc Giang is focusing on developing a work force to attract investments into the semiconductor industry and capture the opportunities of a digital era.

Due to being highly vulnerable to interest rates, any information regarding the central bank’s interest rate policies immediately influences the market.