Việt Nam News

Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested.

The Ministry of Finance has issued further guidance on the law regarding foreigners and prize electronic games in Việt Nam. 

Consumers in HCM City are favouring inexpensive brands due to quickening global inflation, encouraging businesses to invest more in affordable products.

WIth positive performance in H1, the ministry expects the country's agro-forestry-fishery exports to reach $55 billion by the year-end, $5 billion higher than the Government target. 

Việt Nam is expected to come out second only to Philippines in terms of projected GDP for 2022 and on top for 2023.

The Việt Nam Report JSC officially announced its top 10 prestigious technology companies in 2022 in Hà Nội on Tuesday.

Currently, digital and virtual assets have not been recognised as property in Việt Nam.

Hồ Chí Minh City Infrastructure Investment Joint Stock Company (CII) plans to sell another 10 million NBB shares of Năm Bảy Bảy Investment Joint Stock Company (NBB) under agreement method.

The stock market settled lower on Tuesday as rising selling pressure hurt sentiment.

The Kiên Giang Province Department of Agriculture and Rural Development, Lộc Trời Group Joint Stock Company and Military Commercial Joint Stock Bank (MB Bank) on July 4 signed an agreement to grow high-quality rice on an area of 300,000ha at an estimated investment cost of VNĐ12 trillion (US$513.39 million) in the province.

Four commercial banks signed agreements to provide loans worth a total of VNĐ4.66 trillion (US$200 million) to 20 companies operating in HCM City-based industrial parks and export processing zones at a meeting connecting banks and businesses held here last week.

The packaging industry has benefited from the growth of e-commerce, and the free trade agreements that Việt Nam has joined.

European business stakeholders' confidence in Việt Nam's investment environment declined slightly in the second quarter of this year.

The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition will be held next month in HCM City to help firms restore and enhance business connections. It is expected to attract more than 200 exhibitors from 25 countries and territories.

PetroVietnam Coating JSC has won a contract to coat a 14-inch, 9.5km-long marine pipeline using anti-corrosion method and reinforced concrete as part of a mining project run by Thailand's PTTEP Group in Myanmar.

The Organisation for Economic Cooperation and Development (OECD) two-pillar solution has introduced a global minimum corporate tax rate (GMCT) of 15 per cent applicable from 2023, but experts have mixed positions on the tax.

The possibility that the country's economic growth could fail to meet the target cannot be ruled out and it will be harder for the Government to take measures to both stabilise the economy and boost growth. The challenges require the Government to implement fiscal and monetary policies in a wiser manner.

It is critical to issue regulations to enhance discipline in public investment disbursement, together with the amendments to a number of existing law provisions to speed up the implementation of public projects, according to the Ministry of Finance.