Việt Nam News

Việt Nam's leading IT services provider FPT Software, a member company of FPT Corporation, announced its new alliance with Julie Sandlau, one of the world's leading jewelry producers, supporting the company to build its first smart jewelry manufacturting factory in Việt Nam.

M&A in the technology sector tripled in value and nearly doubled in activities in the past few years, from 22 deals in 2020 to 42 deals in 2021, reaching roughly US$1 billion.

Hà Nội’s Department of Construction recently announced eight more housing projects can be owned by foreign organisations and individuals.

As land finance and land prices do not accurately reflect the market reality, this has become one of the issues of interest in the report and review of the draft amended Land Law submitted to the National Assembly on Tuesday.

The country counted 125,800 new firms in the first ten months of this year with combined investments of over VNĐ1.37 quadrillion and 835,000 labourers, according to the General Statistics Office (GSO).

Nearly VNĐ1.5 trillion (US$60.3 million) has been collected via the automatic fee collecting system for the use of infrastructure and public services at ports in HCM City since April, according to the city’s Port Authority of Inland Waterway.

With nearly two billion Muslims in the world and rising demand for halal products, there is potentially a huge market for Vietnamese companies to exploit, experts said.

The Vietnamese stock market settled lower on Wednesday, ending its two-day gaining streak due to the slump of heavy-weight stocks.

The Việt Nam International Exhibition on Industrial Machinery Equipment, Technology and Products in HCM City opened on November 2 at the Saigon Exhibition and Convention Centre.

High growth rates of industrial production, trade and services, and State budget collection in the January-October period reflected strong economic activities.

The Government proposed the operation of the petrol price stabilisation fund should be maintained because it remained an effective tool to regulate petrol prices.

After a tumultuous and challenging year for the global economy, the negative impacts of the COVID-19 pandemic caused many businesses to leave the market.

According to the Việt Nam Sugar Association, the total area supplying ​​sugarcane is expected to reach 151,305 hectares in the 2022-23 crop. 

Boosting Việt Nam's exports to niche markets was key to minimising the impact of a looming global recession, said Vũ Bá Phú, head of the Department of Trade Promotion under the Ministry of Industry and Trade. 

ESG has become top of mind for many Vietnamese firms today but they still have a long way to go to get up to the mark.

Close watch must be placed on the global economic and inflation developments as well as the impacts on Việt Nam and the supply and demand in the domestic market to timely raise solutions to prevent unreasonable price increases.

Giant steel maker Hoa Sen Group suffered a recorded a loss of VNĐ886 billion (US$35.7 million) in the fourth quarter of the fiscal year 2021-2022, starting from October 1, 2021 to September 30, 2022.

The benchmark index was boosted by gains in large-cap stocks.