Việt Nam News

Vietnam Texfuture Spring Summer, an international exhibition on high-end fabric exhibition that opened in HCM City on March 22, seeks to inspire the use of sustainable fabrics by local producers.

Minister of Planning and Investment Nguyễn Chí Dũng has voiced his hope that US enterprises will become the biggest investor in Việt Nam to seize every co-operation opportunity in the countries’ development process on the basis of equality, mutual respect, and mutual benefits.

A strategic cooperation agreement has been signed between HCM City and five southeastern provinces to boost socio-economic development in the southeastern region in the period of 2023-25.

Investors of numerous renewable energy projects demanded solutions to resolve pricing issues in a meeting with Vietnam Electricity (EVN) on Monday. 

Digital transformation is considered as a catalyst for many businesses to transform and adapt to green and sustainable models. Recently, dual transformation (green and digital) has been mentioned by the European Union and is an important future trend.

Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

It is believed that the enhancement will help shore up investor confidence in the Vietanmese stock market after recent scandals.

Shares bounced back strongly in the afternoon session, driven by increasing demand at the support price levels.

The Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) has teamed up with the International Finance Corporation (IFC) to increase access to finance for small and medium enterprises (SMEs) in Vietnam.

RX Tradex Việt Nam signed an MoU for the 2023 Business Innovation Zone project with YES Asia Group, Sufex Trading, PR Newswire and PNA Consulting in HCM City on March 21.

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

In 2023, the company needs to get out of the current state of loss and gradually make a profit to offset the accumulated losses of previous years.

The 50 per cent registration fee reduction scheme, previously proposed by the government for cars made and assembled in Việt Nam, should apply to imported vehicles as well, according to the Vehicles Importers Vietnam Association (VIVA).

The Silicon Valley Bank collapse by itself will end up being neutral for Việt Nam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

By late 2022, 8,689 OCOPs had been scored, with 65.5 per cent of the products being labeled three-star, 33.6 per cent four-star, 0.7 per cent potential five-star, and 0.2 per cent five-star.

Nguyễn Quốc Việt, Deputy Director of the Việt Nam Institute for Economic and Policy Research, said production and business remain difficult.

The Ministry of Health estimated the market at US$6.9 billion in 2021 while BMI Research forecast the market to reach $16.1 billion in 2026 with a compound growth rate of up to 11 per cent.

Shares opened this week on a negative note on both major stock exchanges as pessimistic news from the financial market continued to affect investors’ psychology.