Việt Nam News

A process has been started to allow the Vietnam Shipbuilding Industry Corporation (SBIC) to declare bankruptcy, according to the deputy minister of transport Nguyễn Xuân Sang.

This plan is a key priority for MXV during the 2023-2028 period, with the aim of developing the Vietnamese commodity trading market in accordance with international standards.

The new policy is under the SBV’s Circular 17/2023/TT-NHNN that will take effect from February 8 this year.

Prime Minister Phạm Minh Chính urges the Ministry of Planning and Investment to take the lead in attracting foreign investment, developing new economic models and promoting innovations- to contributing to promoting economic transition and improving the position of Việt Nam in the global arena.

Liquidity increased as domestic investors poured over VNĐ17.3 trillion (US$707 million) into the southern market, equivalent to a trading volume of over 860 million shares.

SBV's deputy governor Phạm Tiến Dũng said as the number of customers and transactions increases, the rising complexity poses many challenges for managing and ensuring security in the payment industry.

Việt Nam had a good year for rice export in 2023 but there are limitations which must be tackled for the industry to go a long way.

Listed companies’ earnings growth is expected to recover from zero last year to 10-15 per cent this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst  and chief economist at VinaCapital.

Speaking at a meeting to review the performance of SPS Vietnam in 2023 and launch its plan for 2024, Deputy Director of the office Ngô Xuân Nam said Vietnamese firms are now paying more attention to registering to export to the Chinese market. 

The Ministry of Industry and Trade aims to enhance trade and export promotion with key markets, maximising export opportunities and leveraging the effectiveness of Free Trade Agreements (FTAs). To achieve these goals, the industry and trade sector will exert exceptional efforts. Minister of Industry and Trade, Nguyễn Hồng Diên, discussed strategies to accomplish these tasks with VNA reporters

Meanwhile, foreign investors net sold on the market for the seven straight days of the New Year.

Stavian Group shared the desire to co-operate with Indian businesses in the Focus Country Vietnam programme to have the opportunity to learn the latest cutting-edge technologies and exchange global ideas.

According to Standard Chartered’s economist, retail sales and industrial production have stayed robust despite the recent moderation.

The VF Wild concept highlights VinFast's innovative efforts to create a pickup truck with exceptional performance, catering to the new generation of consumers looking for innovation and eco-friendliness without compromising on performance and durability.

Việt Nam’s cashew industry eyes export growth despite global headwinds, according to insiders.

Việt Nam has emerged as a frontrunner in B2B sales on credit, boasting a 67 per cent ratio, surpassing the 51 per cent average in Asia, reported a recently-revealed Atradius Payment Practices Barometer survey.

Experts gave recommendations for HCM City to restore aggregate demand and promote growth in the new context of this year.