Việt Nam News

This is a positive signal that Vietravel has been able to balance cash flow to pay off debts ahead of time, thanks to the recovery of the Vietnamese tourism industry.

The State Bank of Vietnam has recently decided to raise the credit growth cap by 1.5 to 2 percentage points, which means that VNĐ240 trillion (US$10.1 billion) would be pumped into the economy. This is good news for businesses and the local economy as struggles with decreasing global demand.

Despite authorities cracking down on the sale of counterfeit goods, there are still plenty of places to pick up a fake designer handbag or gold watch. But be warned, if a deal looks too good to be true, then it probably is.

Vietnam Coffee Day was held in Hà Nội last weekend, attracting numerous visitors from local coffee shop owners, and manufacturers to large international coffee import-export corporations and associations. The event was not only a chance for visitors to learn more about the domestic coffee industry, but also a place for entrepreneurs to expand networks, find new partners, and solutions to improve production.

Vietjet is the only airline serving passengers flying directly from Seoul, South Korea to the dreamy Đà Lạt and Cần Thơ City, the Vietnamese metropolis of the West of River.

A recent survey from Quảng Nam’s provincial tourism association unveiled that 95 per cent of 200 tourism businesses have called for access to bank loans and preferred rates, eased debt payments, tax reductions, human resources and infrastructure investment.

Retail stocks have entered a recovery phase following the general market's upward trend, given their bright long-term prospects.

The SBV last week raised the 2022 credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 per cent, allowing commercial banks to pump an additional VNĐ240 trillion into the economy.

Live pig prices were falling from late November due to slowdown in purchasing power while the supply was abundant.

Ministry of Finance has proposed the government to set environmental fuel tax at its floor limit for another year.

The Vietnamese wood industry needs to focus more on branding to increase its competitiveness in the world market and add export value, according to the Việt Nam Administration of Forestry.

VN-Index is forecast to move up to test the 1,030-1,080 point range this week but cautious sentiment still prevails.

According to VICOFA, as of the end of 2022, Việt Nam exported 1.4 million tonnes of coffee, worth more than US$3.2 billion, contributing to the total export turnover of the country's agricultural, forestry, and fishery products.

Viettel High Tech (VHT) and United Telecoms Limited Group (UTL) last week signed a strategic agreement on comprehensive R&D deployment of 5G network infrastructure in India and export contract to India market, becoming the first Vietnamese brand exporting hi-tech equipment to India.

With the flexible flight time from December 26, 2022 to April 20, 2023, passengers can enjoy year-end festivals and celebrate the jubilant and brilliant Christmas season domestically and internationally, Vietjet has said.

Luxembourg is running 58 projects worth over US$2.6 billion in Việt Nam, ranking 17th out of 141 countries and territories investing in the Southeast Asian nation, according to the forum’s organisers.

In the first ten months of 2022, export turnover was estimated at over US$1.12 billion, an increase of 21.03 per cent.

Tourism and sea economy continued to play large parts in the development strategy for the northern coastal province of Quảng Ninh, according to the province's People's Committee.