Việt Nam News

Vietnamese automaker, VinFast Auto Ltd  and Black Spade Acquisition Co announced on August 14 the completion of their previously announced “Business Combination”.

The Vietnam International Innovation Exhibition 2023 (VIIE 2023) and inauguration of the National Innovation Centre's (NIC)’s new operational headquarters at Hòa Lạc Hi-Tech Park are scheduled for October 2023.

Within a year, VPBank’s value is almost 1.5 times as high as the previous year, valued at nearly US$1.3 billion and ranking 173rd in the world’s 500 most valuable banking brands.

Manulife Vietnam stands among the 10 exceptional companies to be awarded the gold ‘Harmonia’ trophy acknowledging its consistent inclusion in the ‘Best Companies to Work for in Asia’ roster for a noteworthy five-year span.

The HCM City Department of Industry and Trade, Department of Agriculture and Rural Development and Tiki will coordinate to promote consumption of products under the One Commune One Product programme of HCM City and other provinces and cities involved in the city’s socio-economic development co-operation progarmme via an e-commerce platform.

Effective logistics cooperation with the UAE will play a significant role in promoting Việt Nam's trade exchange with the Middle East and other regions around the world.

Technology company HP Inc reported a reduction in its carbon emissions by 18 per cent since 2019, which takes it closer to its goal of achieving net zero carbon emissions by 2040.

The Ministry of Finance (MoF) says that since its hotline for insurance products went into operation on February 2023, the ministry already received and handled 213 petitions over the phone and 479 via email.

While pending the government's review, the proposal has been well noted and received by the business community, especially by Vietnamese SMEs.

Between late 2022 and July 17, 2023, more than 27,400 companies and individuals were registering as ECR issuers, with around 13.9 million e-invoices being issued.

The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023, according to Michael Kokalari, chief economist at VinaCapital.

Despite its growth in hospitality options, the supporting infrastructure required to support environmentally and economically sustainable growth on Phú Quốc Island off Kiên Giang Province remains inadequate, according to Savills Hotels.

Currently, made-in-Việt Nam school stationery products are prevalent in the market, accounting for 70-80 per cent of the market share.

Low demand has dampened Việt Nam's economic momentum, leading to a decrease in economic growth. The import and export turnover has declined, impacting industrial production value.

SHB successfully issued more than 552 million shares for dividend payment in 2022, thus increasing its charter capital nearly VNĐ36.1 trillion (US$1.51 billion), according to State Securities Commissions of Việt Nam.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 0.38 per cent to close at 1,236.84 points.

Terminal T3 at Tân Sơn Nhất International Airport in HCM City will handle domestic flights, helping ease pressure on the overloaded T1 and improve service quality.

After months of challenges, Việt Nam is witnessing a resurgence in foreign investment, with LG Inotech's whopping $1 billion deal leading the way. With a 4.5% increase in FDI registrations this year, experts predict even more positive trends. Yet, the global minimum tax looms large, and Việt Nam's response will be crucial for future investments.