Việt Nam News

Due to weaker demand amid the global economic downturn, VNDirect forecasts that the net profit of chemicals companies will decline in 2023.

Capital from the private sector also makes a great contribution to socio-economic development.

In a recent report submitted to the Ministry of Industry and Trade (MoIT) and the Committee for Management of State Capital at Enterprises (CMSC), EVN delivered a bleak picture of its financial balance in 2022 due to high fuel prices and volatile foreign exchange rates.

PouYuen Vietnam Company LTD is one of those that have felt the pinch of the economic retreat. The company has announced a plan to terminate 2,300 posts and trim ranks at its Sections C and D in the short term.

The trade value of agro-forestry-fisheries products in the first quarter of this year was estimated at US$20.63 billion, down 11.2 per cent year on year, according to the Ministry of Agriculture and Rural Development (MARD).

HCM City’s export processing zones and industrial parks attracted investments of more than US$90 million in the first quarter of this year, a 21.36 per cent increase year-on-year.

The State Bank of Vietnam is sending a message of loosening monetary policies to support businesses and the economy.

Prime Minister Phạm Minh Chính has asked ministries and agencies to remove obstacles related to land and construction materials to implement investment projects on highways and real estate.

The State Bank of Việt Nam (SBV) announced it will reduce several policy interest rates from Monday, the regulator announced on its website Friday night.

Japanese investors have poured US$1.04 billion into 228 projects in Đà Nẵng to rank first in the list of 40 foreign direct investment (FDI) sources in the city.

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.

With the theme “ASEAN Matters: Epicentrum of Growth” for the ASEAN Year 2023, the event focuses on regional financial and banking cooperation, namely reconstruction, digital economy, and sustainable development.

Việt Nam Thương Tín Commercial Joint Stock Bank (Vietbank) and the Ho Chi Minh University of Banking have signed an agreement for training and supply of skilled human resources, supporting students and providing products and services needed by each other.

Agricultural trade between the two sides reached about US$2.1 billion last year

The cumulative import turnover of CBU cars in Q1 2023 increased by 76 per cent in volume and 60.8 per cent in value compared to the same period last year.

Twenty-eight of the 63 provinces and centrally-run cities nationwide recorded State budget revenue hitting 28 per cent of their yearly estimates.

Increasing environmental concerns and favorable government initiatives are some of the major factors driving the growth of electric taxi market.

The State Bank of Việt Nam (SBV) has asked the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.