Việt Nam News

Investors from Taiwan (China) are particularly keen on Việt Nam’s industrial, office and retail real estate, motivated by the country’s progress in improving the legal framework and substantial investment in key infrastructure, property consultancy Savills Việt Nam said.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 0.28 per cent to close Friday at 1,053.00 points.

Credit growth by the end of February 2023 increased by nearly 0.8 per cent, equal to only one-third of the rate in the same period last year.

Việt Nam needs to seek funds to increase the national reserve of petroleum to deal with urgent situations in the context of fluctuating global markets.

Despite the Government efforts to remove challenges facing the real estate market, it won’t prosper until the end of next year, experts warned.

In a working session with the group on Saturday, Permanent Deputy Chairman of the municipal People’s Committee Dương Tấn Hiển said Cần Thơ, with its strength in high-tech farming, can meet the needs of clean agricultural and aquatic products that Vista Land cares about.

As there is still much room for development in the domestic insurance market, the industry’s growth target is set at double-digits.

HCM City People’s Committee officials yesterday (March 9) launched the I-Star Award 2023 competition for creativity, innovation and business start-ups.

Cars in Việt Nam are not coming cheap as their prices are twice as high as those in Thailand and Indonesia, and even way higher than in developed countries like Japan and the US.

Việt Nam has no coffee brand in the list of the 10 most expensive in the world, although it is the largest Robusta coffee producer and ranks second in export coffee volume.

According to Nguyễn Tiến Thỏa, former head of the price department under the Ministry of Finance, the root of the issue in the domestic fuel market was a failure to adhere to market principles, despite the central government's issuance of multiple decrees on the matter.

The State Bank of Vietnam (SBV) last month bought about US$0.65 billion, bringing Việt Nam's foreign exchange reserves to $92.43 billion, according to the BSC Securities Company (BSC).

Việt Nam had around 22,000 SIBs in 2018, accounting for 4 per cent of the total number of companies in the country.

Experts have called for continued efforts to improve the traffic infrastructure and implementation of reforms needed to make the southeastern region a leading economic engine of the country.

The Government has asked the Ministry of Finance and other relevant ministries to devise a 50 per cent cut on auto registration fees for locally assembled or manufactured cars which aims to support the domestic automobile industry.

Vietnamese stocks snapped a four-day winning streak on Friday, facing strong selling from investors, as they seek profits from those firms that made significant gains during the last sessions.

Financed by Chánh Thu Fruit Import-Export Group JSC, the factory is the largest of its kind in the province thus far. 

Deputy Prime Minister Trần Hồng Hà affirmed that Japanese enterprises now have sufficient opportunities and favourable conditions to invest in Việt Nam.