Việt Nam News

Despite a challenging year, Techcombank finished 2023 strongly thanks to product innovation and nimble financial execution. In an exclusive interview, Alex Macaire, CFO of Techcombank, shares insights into the bank’s strategic direction, financial performance, and future prospects.

Drawing about 300 delegates, the gathering delved into pivotal economic concerns within the region.

Việt Nam attaches special importance to collaboration with border localities, including Yunnan, in its relations with China, and valued the fruitful cooperation between Yunnan and Vietnamese localities, particularly those in the northern border region.

In the context of the idle real estate market as the supply is abundant, the revised land law is hoped to contribute to stimulating the demand from OVs, thus making the Vietnamese real estate market brighter and more bustling.

Saigon Beer - Alcohol - Beverage Corporation (SABECO, SAB) has outlined its strategic plans for 2024, targeting an after-tax profit of VNĐ4.58 trillion, reflecting a 7.6 per cent increase over the previous year.

Chairman of the National Assembly Vương Đình Huệ hosted receptions for leaders of several Chinese corporations in Kunming City, Yunnan Province, on Friday as part of his official visit to China.

In its 2023 Annual Consultation Report on Việt Nam released this week, AMRO suggested a recalibration of policies to support growth while ensuring financial stability.

According to the Vietnam Trade Promotion Agency (VIETTRADE) under the Ministry of Industry and Trade (MoIT), communication campaigns on Vietnam Brand Day, April 20, will be launched on mass media during the event.

Prime Minister Phạm Minh Chính has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.

Representatives from FTSE Russell and Morgan Stanley shared that major customers have given positive feedback and praised the determination and efforts of the Vietnamese Government, as well as the state management agency in charge of securities and the stock market to achieve the goal of upgrading the stock market from the frontier to emerging status.

The Government needs to promote the disbursement of public investment, focus on attracting investment sources, and encourage investment projects in the form of public-private partnerships (PPP).

Military Insurance Corporation (MIC) targets to secure a position among the top four non-life insurance markets in 2024, achieving a 33 per cent growth in insurance revenue, a 25 per cent growth in profit compared to 2023, and maintaining a minimum dividend ratio of 10 per cent.

The amended Land Law and newly-approved Law on Real Estate Business will positively impact real estate market recovery and facilitate the rebound of the local construction materials market.

Textile and garment businesses are making a green push with development of eco-friendly products adapted to global fashion trends and by meeting the stringent requirements under free trade agreements the country has signed, according to industry insiders.

This business workshop brought together members of key government, business and investment communities for peer-to-peer sharing of the most updated legal regulation on emission reduction, corporate experiences towards net zero, and to discuss concrete opportunities for enabling green transformation in Việt Nam.

Positive inflows of foreign direct investment (FDI) and remittances, a sustained trade surplus, recoveries in domestic consumption, and continued fiscal stimulus characterised by substantial public investment are seen as key to boosting growth in 2024.

Việt Nam has become a key trading partner for Washington, the director of the US state’s Department of Agriculture, Derek Sandison, said during a visit to MM Mega Market An Phú in HCM City on Thursday.

The value chain has great significance for cooperatives. Collective and cooperative economies were also the "breath" of a diverse value chain of many industries in the agricultural and non-agricultural sectors.