Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

VN needs national standards for real estate brokerage

Energy a major pillar in the cooperation between VN and the UK

There is large potential for the bilateral cooperation in energy which will be unlocked by the Just Energy Transition Partnership (JETP) between Việt Nam and the International Partners Group (IPG), including the UK, on December 14, 2022, and the bilateral trade agreement between the two countries (UKVFTA) and the UK accession to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).

Bắc Ninh moves towards model smart city

The northern province of Bắc Ninh has set a target of becoming a centrally-run city and a model of smart city by 2030.

Real estate firms offer higher salaries to attract quality brokers

Real estate firms are offering higher salaries and brokerage fees to attract quality brokers in a market where homebuyers have become more cautious and demanding.

Experts and economists seek ways to ensure fuel security

Oil experts and economist sat together early this week in a seminar to discuss the need to ensure fuel security for electricity production in Việt Nam due to the decreasing output of domestic gas exploitation.

Financial sector promotes digital transformation in tax and customs processes

The digital transformation of the tax and customs fields has brought positive impacts to people and the business community, according to experts.

Hà Nội to hasten reforms, enhance competitiveness to facilitate exports

Hà Nội said it would focus on devising measures to enhance competitiveness of local enterprises and producers to be able to best adapt to the new circumstances.

HCM City apartment market shows signs of coming out of slump: experts

The HCM City condominium market is stirring again after a long stupor, experts have said.

GSM launches Xanh SM taxi service in Laos

Vietnamese Green and Smart Mobility JSC (GSM) on November 9, officially announced to launch the "Go Green Global" service in Laos, with the aim of promoting green mobility.

Vietnamese products showcased at Cuban expo, popular

A wide range of Vietnamese products are on display at separate pavilion at the 39th Havana International Fair, running from November 6 to 11 in the Cuban capital and the biggest annual trade event in Latin America and the Caribbean.

Hà Nội Fruit Festival opens

The festival is held on a scale of 6,000 square meters, including seven open space areas and more than 100 booths from Hà Nội as well as other provinces and cities.

KRX system expected to bring new opportunities to stock market

The launch of the KRX system by the end of this year is expected to significantly increase capital flows to the stock market, experts said.

MSB receives funding of $100 million for sustainable development

Việt Nam Maritime Commercial Joint Stock Bank (MSB) and the Dutch Entrepreneurial Development Bank (FMO) recently signed a letter of intent to cooperate on a medium and long-term loan

Shares struggle on simultaneous fall of blue-chips

Vietnamese shares struggled on Friday as large-caps stocks simultaneously dropped putting negative pressure on the market.

US Treasury maintains stance of not listing Việt Nam as currency manipulator

The US Treasury's monitoring list of major trading partners includes six economies: China, Germany, Malaysia, Singapore, Taiwan (China), and Việt Nam.

SeABank, AEON Financial sign transfer contract for PTF

The capital contribution transfer, equivalent to 100 per cent of PTF's charter capital, followed a contract inked earlier this month between the two companies.

HCM City students win GBA Business Challenge 2023

Students from Hồ Chí Minh City University of Technology (HUT) have been honoured as champions of a start-up competition, the GBA Business Challenge, convincing the panel of judges with their innovative business idea aimed to save the environment and highlight Vietnamese identity.

Experts warn of deepfake scams

The growth of deepfake crime has become a major concern as technology development continues to reshape the social media and traditional media landscapes, experts said.

Standard Chartered hosts first Treasury Leadership Forum in Việt Nam

Standard Chartered Bank Vietnam on Wednesday hosted its inaugural Treasury Leadership Forum in Việt Nam, focusing on digital trends in Việt Nam and the ASEAN region that have a significant impact on treasury management.

Companies must better study market, prepare for price surges

A major contributor, according to a spokesperson from the VFA, is how exporters leave themselves vulnerable to price fluctuations. Many exporters choose to sign contracts with foreign buyers first and look for supply later. Once prices surge in the domestic market, they either have to negotiate or accept the losses.

Risk provision costs erode bank profits in Q3 2023

The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export sectors.