Việt Nam News

The amended law stressed the importance of more efficient management and greater contribution of petroleum resources to the nation's socio-economic development, especially as many of the Southeast Asian country's oil and gas reserves are approaching the end of their lifespans.

Experts said there is considerable scope for market rebound in the long term as Vietnamese economy is growing at a faster pace than many countries.

The stock market collapsed on Monday as stocks across all sectors faced strong a sell-off from early in the session.

The positive performance was attributable to the increase in fee income from products and services, digital banking, and capital optimisation that VIB has simultaneously implemented since five years.

The event's purpose is to build an ecosystem for the enterprise community producing and trading Vietnamese goods.

The association will become a bridge between the Hà Nội city and the ongoing logistics activities in the area, advising and critique policies related to the development of logistics activities in the capital.

By the end of 2021 independent power plants accounted for 41.3 per cent of the total installed capacity of the whole system, up from only 18.4 per cent in 2018 when the solar wave was formed. 

Cà Mau Province has expanded its area under the shrimp – forest and shrimp – rice models to farm clean products for export and ensure farmers earn sustainable incomes.

Public money alone is not enough to finance airport ungrade and new airport construction, exposing the need for more favourable policies for private involvement.

According to the Ministry of Finance, by October 31, 2022, the public capital disbursed from the State budget is estimated to be VNĐ40.3 trillion higher than the same period last year.

Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow to curb their capital shortage as popular capital mobilisation channels for the realty industry have been tightened.

Việt Nam Wind Power 2022 (VWP) is to be held on December 1-2 in Hà Nội. It is expected to be a crucial event to gather key stakeholders in the wind industry to facilitate Việt Nam’s transition to a greener economy.

The packaging industry is expected to grow at 12.3 percent a year until next year, according to the Việt Nam Packaging Association.

Analysts said that the technical and psychological support level is around 900 points, but the biggest problem of the Vietnamese stock market now is the risk of forced liquidation in some stocks of the VN30 basket. 

The 17th Asia-Pacific Conference of German Business opened on Sunday in Singapore with a focus on the need of strengthening cooperation between Germany and the Asia-Pacific region for solving existing challenges.

The Ministry of Industry and Trade (MoIT) rejected a rumour that gasoline price could go as high as VNĐ100,000 (US$4) per litre after it was circulated on a number of social media platforms.

Việt Nam has high potential to develop a ginseng farming and processing industry that generates billions of US dollars, stated President Nguyễn Xuân Phúc at the opening of the Lai Châu Ginseng Fair 2022 in the northern mountainous province of Lai Châu last week.

SeABank is the only financial institution in Việt Nam to receive funding from DFC.