Việt Nam News

Taiwanese Far Eastern Polytex (Vietnam) Co Ltd will increase its investment by US$250 million in Bình Dương in the third quarter to expand production.

The latest products, services and technologies in the automotive industry are being showcased at the Automechanika HCM City 2023 that opened on Friday at the Saigon Exhibition and Convention Center.

About 120 Korean companies, including nine heavyweights, were showcasing their products at the event.

Deputy Prime Minister Trần Hồng Hà affirmed the profit potential and interest of the private sector in the renewable energy sector. Therefore, governments need to further facilitate the participation of this sector by ensuring consistency, and synchronisation in strategies and plans to mobilise investments.

This decree takes effect from the date of signing (June 21) to the end of December 31 this year.

Livestream activity on TikTok and other social media platforms to sell agricultural products will be a highlight at the event.

The province earned an export turnover of US$433 million from the Chinese market in 2022.

For the three-day state visit, Yoon has formed his largest-ever delegation to accompany him, consisting of 205 entities - 24 conglomerates, 28 mid- and small-sized companies, six economic lobbying groups, six economic associations and three public companies, encompassing diverse industries of semiconductors and defense to cosmetics and food.

The bearish trend is expected to continue through 2023 due to weak demand and lower input materials prices.

Vietnamese garment enterprises are facing more competition as well as stricter quality and environmental standards in the global market

A European Member of Parliament remarked that Việt Nam's legal framework and goals on deforestation reflect those of the EU.

Đình Vũ Port Development and Investment JSC (DVP) has approved the second dividend payment in 2022, amounting to 50 per cent of the charter capital which is worth VNĐ200 billion (US$8.5 million).

Credit rose gradually in the first half of this year, while the safety of the banking system remains a priority.

2023 is seen by the banking industry as a challenging year as they have to continue to share resources and help cushion pressure on businesses amid slowing global economic growth. 

The benchmark VN Index on the HCM Stock Exchange rose 0.61 per cent to close at 1,125.30 points.

Of 731 companies listed on the Hà Nội and HCM City stock exchanges, only 364 out have met information disclosure standards this year, marginally fewer than last year, a survey for the 2023 IR Awards programme has found.

Exports of fruits and vegetables are expected to be worth $4 billion this year. 

The United States International Trade Commission (USITC) has initiated a midterm review of safeguard measures on solar energy panels and components.