Việt Nam News

Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans.

The scale of Việt Nam's livestock industry has multiplied in recent years, however, the animal feed market remains significantly dependent on imported raw materials.

Viet-Sin Grocery company violated the cold storage operation three times and illegally imported a number of meat and seafood products from Việt Nam.

The annual event is expected to contribute to stimulating consumer demand and boosting local economic growth.

Local unicorn MoMo has become the first fintech company in Việt Nam to receive the Payment Card Industry Data Security Standard version 4.0 certification, the latest major version of the payment card industry standard globally.

According to the Ministry of Industry and Trade, total import-export turnover in 2023 is estimated to reach $683 billion, including $354.5 billion from exports and $328.5 billion from imports.

As the economy is forecast to continue to struggle in 2024 with slow recovery of production and business, the ministry will enhance tax management on digital and e-commerce transactions, and prevent evasion in tax refund and illegal transactions of invoices.

Minister of Finance Hồ Đức Phớc talks to Vietnam News Agency about the strategies for accomplishing the financial sector's tasks in 2024.

Stocks recovered on Thursday, bolstered by the growth of the banking stocks group.

Ho Chi Minh City has attracted more than US$1 billion, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57 per cent, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on December 27.

To establish a safe, healthy, efficient and sustainable gold market, the State Bank of Việt Nam has been tasked with proactively devising scenarios and plans to effectively respond to fluctuations in global and domestic gold prices.

Securities companies are not finished testing phase, while the system still need to get approval from the authorities even when everything is ready.

The legislature sets the goals that the national GDP would grow 6-6.5 per cent in the year, and GDP per capita would stand at between US$4,700 and $4,730. The processing and manufacturing industry is also projected to account for 24.1 per cent - 24.2 per cent of the GDP.

As the race of attracting capital is becoming fiercer among nations, Việt Nam Institute for Economic and Policy Research’s Vice President Nguyễn Quốc Việt spoke with Việt Nam News Reporter Mai Linh on new competitive advantages for Việt Nam to remain an attractive destination for the quality and high technology capital inflow.

Deposit interest rates have set a new record low.

Foreign investment inflows into Việt Nam this year also saw a significant increase of 32 per cent to nearly $36.62 billion.

Exports of surimi (fish paste) and fishmeal could reach US$1 billion a year in the near future, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

VN's draft Hydrogen Production Strategy by 2030, with a vision towards 2050, aims is to strive for hydrogen production capacity from renewable energy processes, producing green hydrogen and other processes with carbon capture reaching 100 - 500 thousand tonnes by 2030 and targeting around 10 - 20 million tonnes by 2050.