Việt Nam News

Prime Minister Phạm Minh Chính called on Boeing to offer incentives to Vietnam, at his reception for Brendan Nelson, Vice President of the Boeing Company and President of Boeing International, in Hà Nội on Friday.

VinFast announced the arrival of its second shipment of electric vehicles, consisting of nearly 2,000 VF 8 vehicles at the Port of Benicia in California.

The new facility marks a new milestone in the company’s “Feed-Farm-Food” model and underscores its unwavering commitment to sustainable development in the Vietnamese market.

The business combination values VinFast at an enterprise value of approximately US$27 billion and an equity value of $23 billion, not including cash from BSAQ’s approximately $169 million of cash in trust (assuming no Black Spade shareholders elect to have their Black Spade shares redeemed for cash as permitted).

The United Overseas Bank (UOB) rated the Việt Nam đồng as one of the most stable currencies in Asia, despite significant changes in the Fed's interest rate hike expectations as well as concerns about a global recession and instability of the US banking system.

China was no longer an easy market with import management measures being erected, urging enterprises to take action meet requirements from production to processing with the focus on ensuring quality stability to increase export to this market.

Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the South-eastern region to the State Bank of Vietnam.

The VinFast Trading and Service Limited Liability Company, a subsidiary automaker of Vietnamese conglomerate Vingroup, announced its business results on May 11 and revealed a total of 3,789 electric vehicles (EVs) were delivered to customers.

The increase may not have an immediate impact on prices of electric vehicles at the moment but will create an impetus for manufacturers to use energy more economically.

With the trend of automobile electrification, the electric motorcycle industry has become boisterous over the years, noting that the consumers’ habit of shifting from petrol to electric vehicles will become a bumpy road for policymakers and EV manufacturers, according to experts.

Apple announced on Friday that it will open its first online store in Việt Nam on May 18 in a bid to boost operations in emerging markets.

The aviation giant Boeing inaugurated its new permanent office in Hà Nội on May 12. 

The Haduco-RMS joint venture aims to support, provide services and gradually develop a large fleet of vessels, fully meeting the requirements of oil and gas contractors in Malaysia.

The exhibition, taking place at the Sài Gòn Exhibition and Convention Center (SECC), will be a great opportunity for domestic and international logistics service businesses as well as the community of investors, developers and other stakeholders to exchange, cooperate, consult and choose solutions to optimise the logistics procedure of enterprises, according to VINEXAD.

Net inflows from the foreign capital also supported the rallies.

Shinhan Bank Vietnam Co. Ltd. has signed a strategic cooperation agreement with Nguyễn Hoàng Group (NHG) to launch a tuition fee sponsorship programme with a zero interest rate for parents whose children are studying within the NHG's school system.

A wide range of the latest technologies, equipment and advanced solutions of 150 exhibitors from 15 countries and territories are being displayed at the seventh International Trade Fair for Laboratory Technology, Analysis, Biotechnology and Diagnostics (Analytica Vietnam 2023) held in HCM City until April 21.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) has announced a resolution by its board of directors to pay a dividend at a rate of 10 per cent in cash for 2022.