Forecasting that the economy would continue struggling this year, the central bank will consider extending Circular 02 on debt rescheduling to assist in difficulties in 2024.
Without a long-term strategy and faster localisation, Việt Nam's energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.
The Mekong Delta province of Hậu Giang should capitalise on its strengths for fast and sustainable growth while making contributions to regional and national development, President Võ Văn Thưởng said on January 1.
A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.
The market capitalisation of Việt Nam’s stock market approximated VNĐ6 quadrillion (US$246.7 billion) in 2023, rising 9.5 per cent from and equivalent to about 62 per cent of gross domestic product (GDP) in 2022, statistics show.
Meanwhile, the market continued to witness an outflows from foreign capital as foreign investors net sold on both main exchanges.
The increased flights mainly connect HCM City and Hà Nội with Đà Nẵng, Hải Phòng, Vinh, Thanh Hóa, Huế, Đà Lạt, Cần Thơ, Nha Trang, Phú Yên and Phú Quốc.
The National Power Transmission Corporation (EVNNPT) will commence 34 electricity transmission projects and complete 63 others this year, its Chairman of the Member Council Nguyen Tuan Tung told a conference on Tuesday.
VinFast, Việt Nam’s first electric vehicle maker, on January 2 announced the signing of agreements with its first five dealers in four states of the US, bringing opportunities for customers to experience VinFast electric vehicles.
Regarding the shipping industry as a whole, Tiên Phong Securities Company believes that the outlook for 2024 will be more positive due to the gradual cooling down of global inflationary pressures and an increase in demand for goods transportation.
The Southeast Asian economy's trade surplus, however, remained positive at $125 billion this year, $33 billion with the EU and $92 billion with the US.
Along with the EU, many other markets have also set new and strict policies, causing many difficulties for wood export activities.
To increase sales, businesses must find ways to diversify sales methods, product types, and implement promotional programmes.
Việt Nam strives to be among the top three countries in Southeast Asia in terms of labour productivity growth.
TC Motor Vietnam (TCMV), a subsidiary of Tan Chong Motor Holdings Berhad (TCMH) from Malaysia, rolls off its production line of the eagerly awaited all-new King Long NOVA EURO 5 Bus in Vietnam on 22nd December 2023.
Minor decreases in fuel prices do not have an effect significant enough to bring electricity prices down.
With the ability to grow 35 per cent per year, the market size is expected to reach $21.3 billion this year and $57 billion by 2025.
The breadth of the market was negative as the number of decliners surpassed that of gainers by 164 to 148.
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