Việt Nam News

The IMF will always accompany Việt Nam in post-COVID-19 recovery and development, Deputy Managing Director of the International Monetary Fund (IFM) Antoinette Sayeh pledged, expressing her hope for stronger cooperation with Vietnamese agencies, particularly the Economic Commission.

In the context of rising interest rates and rising US dollar, many port and shipping companies are confronting difficulties, but there are still beneficiaries.

Last year was a challenging one for the cashew industry, with exports falling from the previous year, but 2023 might be even worse, according to the Việt Nam Cashew Association (VINACAS).

Standard Chartered Bank expects Việt Nam’s strong growth of 7.2 per cent in 2023 and 6.7 per cent in 2024, following a solid recovery to 8.0 per cent in 2022.

Falling freight rates are a bane for global carriers, but a boon for Vietnamese agricultural exporters, who had their profits eroded by high freight rates in the early months of 2022.

Việt Nam remained an attractive destination for foreign investment last year with FDI flow pouring into the country uninterrupted despite a global economic slowdown, according to the Ministry of Finance. 

Shares inched higher on the first day of the week on the Hồ Chí Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.

Vietnamese seafood exports to China are expected to boom after China opens its borders and lifts all isolation measures to prevent the COVID-19 pandemic this month.

The northern province of Vĩnh Phúc commits to accompanying and creating all favourable conditions in accordance with Vietnamese law for Japanese businesses, investors and partners to implement co-operation and investment activities in the locality.

FRENZ Brainband was invented by Earable Neuroscience, a Vietnamese deep technology startup based in the US and Việt Nam, led by Professor Vũ Ngọc Tâm – Associate Professor at the University of Colorado Boulder.

The Civil Aviation Administration of Việt Nam is asked to coordinate with relevant agencies to arrange personnel and  infrastructure to serve international flights operated by the Korean Air, ensuring safety and security.

A business delegation of Hong Kong (China) is visiting Hà Nội and HCM City from January 8-14 to seek economic and investment cooperation opportunities between Việt Nam and Hong Kong and Greater Bay Area in particular, and China in general.

Since joining the World Trade Organisation (WTO) in 2007, Viet Nam has engaged in more than 500 bilateral and multilateral agreements in various fields, including seven free trade agreements (FTAs).

The capital comprises $196.6 million in foreign investment and over VNĐ8.15 trillion ($352.48 million USD) in domestic investment, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on January 5.

In the context of complicated world developments with the risk of energy supply disruptions and rising energy prices, it was important to ensure energy security, in which ensuring adequate petroleum supply and increasing national reserve capacity were vital.

In the context of rising inflation, many retail businesses can continue to grow thanks to bolstering their activities in the pharmaceutical sector.

Central Highland province of Kon Tum has set an objective to expand its medicinal herb production to 25,000 hectares by the year 2030.

The total outstanding loans in the southern city totalled VNĐ3.23 quadrillon in 2022, up by 14 per cent over 2021.