Việt Nam News

Domestic banks have promoted lending to firms exporting to the UK to capitalise on the UK-Việt Nam Free Trade Agreement (UKVFTA) as Việt Nam’s shipments to the market have been growing impressively after more than a year since the deal took effect.

The market rose slightly last week, but cautious sentiment capped gains. In the short-term, the VN-Index is expected to escape the downtrend that has last since April, said experts.

Speaking at the “Blockchain in the digital transformation era”, Huy Nguyễn, vice chairman of the Việt Nam Blockchain Association, said Việt Nam has become an emerging market for blockchain thanks to its achievement in digital transformation and digital economy.

HDBank and Unilever Vietnam have signed a strategic agreement that promises to bring huge benefits to customers and enterprises, help optimise their supply chain, scale up finance, and improve service quality.

Government Decree No 44/2022/NĐ-CP on the development, management and use of the information system about housing and real estate is expected to improve the transparency of the property market.

The Cửu Long (Mekong) Delta province of Kiên Giang has approved a project for sustainable aquaculture development on an area of 5,500ha in Hòn Đất District in 2023 – 26.

Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.

The State should have policies to encourage the import of seafood materials for export processing because processing factories lack raw materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

The Asian Development Bank (ADB) keeps this year’s growth forecast for Việt Nam at 6.5 per cent in 2022 and 6.7 per cent in 2023 as released in the April 2022 Asian Development Outlook (ADO).

SSI Securities Corporation reported a after-tax profit of VNĐ416 billion (US$17.7 million) on revenue of VNĐ1.58 trillion ($67.3 million) in the second quarter of the year, a year-on-year decrease of 26 per cent and 8 per cent, respectively.

Việt Nam will work closely with Korea to foster trade and investment, a conference heard in HCM City yesterday (July 22).

The market traded two different ways on Friday with the VN-Index failing to cross the psychological level of 1,200 points, as rising selling pressure outweighed demand for riskier assets.

Adopting strong credit risk management strategies and tools plays an important role in protecting businesses against customers failing to pay, experts said.

The Trent 700 is the engine specifically designed for this A330 aircraft and is widely recognised for its outstanding efficiency and reliability. With more than 65 million hours in service, the Trent 700 offers airlines world-class reliability, with a 99.9 per cent dispatch rate.

Cashless payments are expanding rapidly in Hà Nôi, driven by the booming e-commerce industry, but experts say more can be done to increase digital spending.

Việt Nam's textile and garment industry is still on target to achieve its export target of US$42-43 billion this year, despite the industry facing many difficulties in the second half of this year.

Nineteen corporations and enterprises under the management of the Committee for Management of State Capital at Enterprises (CMSC) reported total revenue of more than VNĐ982 trillion in the first half of this year, equivalent to 90 per cent of the plan for the full year and 27 per cent higher than the same period last year.

Many real estate businesses have returned to the bond channel to raise capital after the absence in April, mobilising thousands of billions of Vietnamese đồng.