Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam’s garment industry rebounds, but challenges loom

Vietnamese agricultural products welcomed in Belgium

More and more people in Belgium are learning about Vietnamese agricultural products and welcoming them.

Visa continues co-operation with HCM City Department of Transportation

Digital payment service provider Visa Vietnam has announced that it will continue to co-operate with the HCM City Department of Transportation (HCM City DOT) to transform urban mobility across the city.

Door wide open for processed, manufactured products to enter UAE

Dubai is stepping up urbanisation and infrastructure development, leading to higher demand for electricity and energy in industrial and trade sectors. The development of smart grids and upgrade of transmission lines will also boost the UAE’s electrical cable market.

Government requests quick completion of Power Plan VIII

The Deputy Prime Minister requested the Ministry of Industry and Trade to complete the power planning to firmly ensure energy security, provide enough electricity for socio-economic development and people's life.

Leather Summit 2023 to open this week

The summit aims to improve the competitiveness of local craft villages and promote the development of the leather and footwear industry in Việt Nam in general.

Bond issuers seek solutions to delay bond debt payment

The volume of mature bonds of businesses will peak in the period of 2023 - 2024 and bond issuers are taking different actions to proactively remove difficulties.

Gen Z, the new cashew nut consumer

More than 350 delegates from 40 countries and territories took part in the 12th Vinacas Golden Cashew Rendezvous in HCM City to discuss measures and initiatives to help the global cashew industry develop sustainably.

More attention must be paid to varieties to increase fruit exports

Plant varieties, which aim to stimulate the development and distribution of novel plant varieties, take on critical significance in this context.

Stakeholders urge more autonomy for State-owned businesses

When SOEs plan to do something, they must submit it to higher authorities of many levels for approval. However, the authorities normally send them a document packed with legal phrases, implying their plan has been disapproved.

MoF proposes a hike in special consumption tax on cigarettes, beer, and spirits

The ministry is collecting public opinions on the proposal to develop the revised Law on Special Consumption Tax in which the SCT applied in these products should be increased, saigondautu.com.vn reported.

Outflows from domestic and foreign investors weigh on market

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) finished the day at 1,021.25 points, a decline of 18.31 points, or 1.76 per cent. This was the lowest closing session level since December 30, 2022.

SeABank completes capital raising

SeABank raised its charter capital from VNĐ19.8 trillion (US$837 million) to over VNĐ20.4 trillion (US$862 million) after a share issue under the 2022 employee stock ownership plan (ESOP).

Vietnamese banking brands climb in value

Vietnamese banks showed great performance in 2022, consolidated by a credit growth rate of nearly 13 per cent and an economic growth rate of 8 per cent, the highest in the last 25 years.

Việt Nam targets coconut product exports of $1 billion

Exports of coconut products were worth US$900 million last year and are expected to top $1 billion this year, according to the Việt Nam Coconut Association.

Poland seeks to promote exports of food products to VN

Việt Nam and Poland both grow a lot of agricultural products, but they are complementary to each other, offering them the opportunity to tie up, a bilateral business matching heard in HCM City on February 24.

Bình Dương promotes cashless payment trend

The People's Committee of Bình Dương Province’s Dầu Tiếng District plans to establish a pilot project that uses cashless payments at traditional markets, grocery stores and other businesses.

Real estate market to recover by Q3: experts

With the Government’s drastic measures to address problems related to legal bottlenecks, lack of capital access, and challenges in corporate bonds, the real estate market is expected to recover from the third quarter, experts have said.

Breakthrough policies needed to develop electronics industry

The electronics industry has seen good progress in recent years, accounting for about 18 per cent of the total industrial production value and more than 30 per cent of the total export revenue of the country.

Rice exporters to benefit from tight supplies, lower costs

Việt Nam is very likely to benefit from the upward trend in rice prices which is fueled by limited supplies and a shift away from the Indian supply.

Shares to correct as selling pressure still dominant

Investors should pay due attention to the 1,000-point mark and monitor the market supply and demand in the context that the correcting trend will take the leading position this week, said analysts.