Việt Nam may record a year-on-year increase of 11 per cent in the rice export volume in 2023 to over eight million tonnes.
FTAs with new markets such as Israel and the UAE will create more opportunities to promote trade and investment, especially exports, of Việt Nam in 2024
The combination of decreased interest rates and the perception of gold as a safe investment increased demand for gold jewellery, and overall market uncertainty further contributed to the rising domestic gold price.
The three-circuit 500-kW transmission line from Quảng Trạch in the central province of Quảng Bình to Phố Nối in the northern province of Hưng Yên, must be complete and put into full operation in June 2024 to transmit electricity to the northern region.
Việt Nam is a major exporter of agricultural products, the majority of its agricultural production occurs on a small scale and is dispersed, posing challenges in bulk procurement of farm produce.
As access to credit is not easy or has reached its limit, while bonds have not performed well either, businesses have to shift towards raising capital in the stock market.
Vietnamese markets experienced further gains on Tuesday, propelled by the resurgence of blue-chip stocks.
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Việt Nam's economy to grow by 4.7 per cent in 2023.
The Vietnam Aviation Administration has reported that Hà Nội - HCM City route has consistently ranked among the top four busiest domestic routes in the world.
The Ministry of Industry and Trade (MoIT) has started a review process on anti-dumping measures for H-shaped steel products originating from China.
The city chooses "Promotion Month" as a highlight every year to create a strong boost for the economy and this is also an opportunity to stimulate consumption, helping businesses push production and business during the Lunar New Year.
Việt Nam’s cold storage landscape is localised and highly fragmented, with over 40 projects providing a total of 460,000 sq.m of cold chain warehouse space in 2022.
Investors are becoming increasingly concerned and hesitant in making investment decisions due to the current low level of market liquidity, which is at its lowest point in the past two months.
HCM City is implementing measures to speed up the collection of taxes and other revenue items to achieve its 2024 target after falling short this year.
There will be tension in coffee supply sources. Việt Nam’s green coffee prices will continue to increase in 2024 and poised for a record export revenue of $5 billion.
Banks said about 70 per cent of assets, which are mortgaged at banks for loans, currently are real estate.
The Ministry of Industry and Trade, as the leading agency for FTA negotiation and enforcement, has been enhancing connections with ministries, localities, associations, and stakeholders to establish a collaborative ecosystem to help the textile industry effectively leverage FTAs.
Hà Nội is poised to overcome difficulties, implementing the Action Programme and the Politburo's Resolution to develop the Capital until 2030, with a vision to 2045, ensuring its readiness for a productive 2024.
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