Việt Nam News

Vietnamese shares struggled on Wednesday as large-caps stocks suffered losses putting negative pressure on the market.

Việt Nam's economic prospects for 2024 involve revitalising aggregate demand, promoting sustainable growth, and improving the investment environment to drive long-term development.

Việt Nam's human resources for tourism are still insufficient both in number and quality, posing a great challenge for the industry in the context of tough competition and deeper international integration.

German enterprises are particularly interested in expanding investment co-operation with Bình Dương province, Urs Unkauf, Federal Managing Director of the Global Economic Network under the German Federal Association for Economic Development and Foreign Trade (BWA), said at a working session with leaders of the southern province of Bình Dương on April 16.

GapoWork, a working and communication platform for businesses, has entered into a strategic cooperation agreement with Newing, a consulting and training company, aimed at fostering enterprise culture development in Việt Nam.

Vietnamese airlines are planning to offer 900,000 seats on domestic routes during the peak holiday period from April 26 to May 2.

Hoa Sen Corporation (HSG) has issued an announcement stating that April 25 will be the cutoff date for shareholders to be eligible for the annual dividends for the financial year 2022-2023.

Shareholders of Phú Nhuận Jewelry Joint Stock Company have approved a sales target of VNĐ37.1 trillion (US$1.46 billion) and profit target of VNĐ2.08 trillion ($82.12 million) for 2024, up 12 per cent and 6 per cent from 2023.

Digital transformation is not a movement, not a trend and not fad, he said, adding that if enterprises only care about how to increase sales, how to improve customer service and management efficiency, the answer should not be digital transformation, but increasing information technology application.

The Vietnamese economy has shown signs of vitality in the first quarter, and is likely to maintain a positive growth trajectory. The Government, ministries and sectors have demonstrated high determination in promoting the real estate market, particularly in ensuring the safe and healthy development of the housing segment.

The loans, with interest rates lower than market rates by 1-2 per cent annually, were designed to help the sectors cope with and overcome difficulties experienced during this turbulent period.

Enhancing the effectiveness in consumer debt collection is particularly important. And the development of a robust and professional NPL trading market with the participation of professional NPL trading and servicing companies is instrumental in NPL resolution.

According to BSC, foreign investors sold a net total of VNĐ11.55 trillion across all three exchanges in the first three months of 2024, equivalent to 50.62 per cent of the total net selling value in 2023. The selling pressure came from active funds and ETFs, resulting in a continued net withdrawal state and exerting pressure on the market.

Việt Nam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry.

DATC strongly recommends the public thoroughly verify the caller information and conduct their research before engaging in transactions.

They discussed Việt Nam's remarkable achievements, its consistent policies, and strategic breakthroughs in institutions, infrastructure, and human resource development.

The Bình Dương Provincial People's Committee awarded licences for projects worth hundreds of millions of dollars to corporations from around the world at the 2024 Horasis China Meeting on Monday (April 15).

On the Hồ Chí Minh Stock Exchange, pessimism loomed over the market in the early afternoon session as the VN-Index dropped below the 1,200-point threshold. However, this downturn also prompted bargain efforts, which helped lift the VN-Index.