The MoF said that continuing to support domestic automobile manufacturing and assembling enterprises is necessary.
In 2023, 77 per cent of local small businesses grew, well above the survey average of 60 per cent, and outperforming all but two of the 11 markets included in the Asia-Pacific Small Business Survey.
Investing in Environmental, Social and Governance (ESG) requires effort, but the rewards for businesses who embrace it make the investment worthwhile, attendees were told at a conference on motivations and breakthroughs in ESG, held in Hà Nội on Thursday.
Cooperation between Đà Nẵng and Germany has reaped encouraging results in recent years.
With an area of nearly 200 hectares, the industrial park has currently attracted 12 investment projects, including 10 Taiwanese enterprises with registered capital of about $150 million.
TH Group began constructing a dairy farming and milk processing project in Nikolo-Mikhailovka village in Russia's far eastern Primorsky territory on May 21.
Oil and gas stocks led the VN-Index on Thursday.
The retail prices of E5RON92 bio-petrol and all oil products increased from 3pm on May 23 following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
Electricity demand is forecast to increase by 9 per cent for the full year, but in recent months, demand rose 13-17 per cent in the northern region.
During a conference, hosted by the Insurance Association of Vietnam, experts and business representatives discussed issues around the current state of the life insurance industry in Việt Nam and how to rebuild trust in the sector.
The Việt Nam International Electronics & Smart Appliances Expo (IEAE) opened at the Saigon Exhibition and Convention Centre in HCM City on Thursday.
This was the biggest volume of gold auctioned in the last nine sessions.
From July 1, banks are permitted to block accounts receiving mistaken transfers if they are asked to by the account holders who have made the mistaken transfers.
Despite incentives to promote the development of Khánh Hoà Province, where the Vân Phong Economic Zone is located, the area has not been able to attract enough strategic investors.
Prime Minister Phạm Minh Chính has signed a directive on the building of the socio-economic development plans and state budget estimates for 2025.
Vietnam Electricity (EVN), the country's largest power company, said the rumour about Vietnamese authorities urging certain businesses in northern Việt Nam to voluntarily reduce electricity usage by 30 per cent is inaccurate.
The export value of timber and wood products in Việt Nam is estimated to reach over US$6 billion in the first five months of this year, an increase of 18 per cent over the same period last year, according to General Department of Vietnam Customs.
Việt Nam has been overly reliant on FDI businesses and the country needs to pivot towards a comprehensive industrial ecosystem to support the development of domestic industries, said industry leaders and policymakers.
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