Việt Nam News

The stock market opened the week on a positive note despite a slight contract of liquidity.

A seminar was organised by Bắc Ninh People's Committee in collaboration with the Embassy of Việt Nam in Switzerland, the Swiss-Vietnamese Business Gateway (SVBG) and the Swiss - Asian Chamber of Commerce (SACC) to promote investment into the province.

After the UKVFTA came into effect, demand for using trade defence tools and the number of trade defence cases from both sides have increased.

HoSE reported that most industry indexes experienced decreases in October, with the consumer goods industry (VNCOND) witnessing the largest decline of 20.22 per cent.

The global semiconductor chip market is expected to record a CAGR of 7.1 per cent from 2023 to 2032.

CMSC has just submitted a report to Deputy Prime Minister Lê Minh Khái on approving the project to restructure Vietnam Railway Corporation (VNR) by 2025.

Low electricity prices were believed to be good for production and daily lives but posed a significant problem to electricity producers as they might struggle to have capital for reinvestment and caused difficulty in attracting new capitals in electricity generation, transmission and distribution, which might cause severe power shortage.

In the context that major FDI investors such as Singapore, Japan and the Republic of Korea are adopting the global tax policy from next year, allowing these countries to collect top-up taxes on MNEs which are enjoying tax rate of below 15 per cent for their investment in a jurisdiction,  applying global minimum tax will be a must for Việt Nam to gain the right of collecting the top-up taxes.

National Assembly deputies voiced their concerns over poor planning and preparation, which have resulted in bottlenecks slowing down the disbursement of public funds.

Analysts believe that the recent support news will improve market sentiment and boost the recovery of benchmark indices.

Quảng Ninh Province is reported to attract over US$3 billion in foreign direct investment (FDI), temporarily securing its position as the leading province nationwide in attracting FDI.

Việt Nam's participation in CIIE contributes to promoting the country's image in economy, investment and tourism, and fulfilling its economic goals such as increasing exports to China via the official channel and in a sustainable fashion.

The potential remains huge for Việt Nam as it has only about 20 kinds of products exported to the Halal market.

Emily Hamblin, the British consul general in HCM City, said the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.

Revenue from the hardware and electronics industry in the 10 months is estimated to reach nearly VNĐ2.55 quadrillion, about $106 billion, a growth of 0.6 per cent over the same period last year.

Household businesses annually contribute about 30 per cent to GDP and creating millions of jobs.

The starting price of the 2500 - 2600 MHz band block for 15 years of use is nearly VNĐ4 trillion (US$166.7 million).

In recent years, Bình Định has always been in the group of localities with the best performance in the Provincial Competitiveness Index (PCI).