Việt Nam News

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - stock code: HDB) on March 29 announced its 2023 audited financial statements, which show it achieved its best ever results with pre-tax profit exceeding VND13 trillion (US$524 million), an increase of 26.8 per cent, further consolidating its rapid and steady growth.

However, they are deemed insufficiently persuasive by critics.

Coffee is the product with the strongest growth in the first quarter of this year. Coffee export reached 799,000 tonnes worth $1.9 billion in the first quarter, rising by 44.45 per cent in volume and 54.2 per cent in value over the same period last year, setting a new record for three-month coffee export value.

Bà Rịa - Vũng Tàu Province aims to become a centrally-run city by 2030 and enhance its logistics and tourism sectors.

The Government allows the adjustment of the average retail electricity prices every three months.

HCM CITY - Việt Nam's property market is attractive for foreign investors, according to experts.

According to experts, the Fed's interest rate cut will support Việt Nam's monetary policy management as the State Bank of Vietnam (SBV) may not be under pressure of dollar appreciation after the greenback weakens in the wake of the Fed's rate cut.

Technical indicators are also supportive of the market's upward trend.

Việt Nam Technological and Commercial Joint Stock Bank (Techcombank) has officially presented its shareholders with a proposal to distribute a 15 per cent cash dividend and undergo a substantial capital increase.

The Government has initiated a project to build one million social housing apartments for low-income individuals and workers in industrial parks by 2030.

Industrial production continued to thrive in the first quarter with the entire sector’s added value rising 6.18 per cent year on year, the Ministry of Industry and Trade (MoIT) reported.

The recall is being conducted to update the control software of the affected vehicles. The inspection and repair process will take conducted at all authorised dealers and service stations of Toyota Motor Vietnam (TMV) across the country. It is expected to take approximately 30 minutes per vehicle, and the service will be provided free of charge.

Bắc Ninh, which borders Hà Nội capital city, have proved effective, as it has been among leading destinations in Việt Nam for foreign direct investment (FDI) inflows in recent years.

Prime Minister Phạm Minh Chính attended the ground-breaking ceremony for the Hòn Thơm marine tourism, resort and entertainment complex in Phú Quốc city, the Mekong Delta province of Kiên Giang on March 30.

The Ministry of Industry and Trade (MoIT) has received a proposal to initiate an anti-dumping investigation of hot-rolled coil (HRC) imported from China from two domestic manufacturing enterprises.

The company is completing procedures with the information security management agency to officially connect with the two stock exchanges, expected to be completed today.

Thạnh Phước, Nam Đình Vũ and Phú Mỹ have been added to the list of inland container depots (ICDs) in Việt Nam, which now reaches 14 in total.

AM Best has reaffirmed the financial strength rating of A- (Excellent) for PVI Insurance.