Việt Nam News

The IIP, however, decreased by 4.4 per cent compared to the previous month. The GSO said this development was quite similar to 2023 with a continuous decline at the beginning of the year and a return to growth in the last months of the year. This result could also be considered a basis for IIP to leap forward in the upcoming period.

To achieve the goal of upgrading the stock market as early as 2025, the Ministry of Finance in 2024 must undertake various tasks in coordination with other ministries and sectors for implementation.

Two thousand real estate businesses temporarily ceased operations at the beginning of the year, equal to 138 per cent over the same period.

Projects with small apartments of around 45sq.m and prices of less than VNĐ2 billion in the outskirts often have higher liquidity.

The breadth of the market was negative as the number of decliners surpassed that of gainers by 173 to 143.

The Consulate General of Malaysia to HCM City and Malaysia Tourism Promotion Board (Tourism Malaysia) in Việt Nam will participate in HCM City’s Nguyễn Huệ Flower Street festival 2024 from February 7 to 14.

This move is due to booming import-export activities via these border gates as domestic consumer demand for Tết holiday tends to increase. That leads to complicated developments in cross-border smuggling and trade frauds.

These policies will create opportunities and motivation for the collective economic sector and cooperatives to have sustainable and comprehensive development, Prime Minister Chính said.

In January, 13,536 firms were established, a rise of 24.8 per cent from the same period last year and the highest number ever recorded for the first month of the year.

The company failed to disclose information on the State Securities Commission's Information Disclosure System, the HCM City Stock Exchange's electronic information portal, and the company's electronic information portal for its separately audited and consolidated financial reports for 2022, as well as its semi-annual separately audited and consolidated financial reports for 2023.

In January, the Indonesian National Logistics Agency (Perusahaan Umum BULOG) initiated a tender to import 500,000 tonnes of rice to bolster the country's food reserves. By January 30, BULOG completed the bidding process, with Việt Nam as the winner of 8 out of 17 packages, distributed among five companies.

The Investment and Industrial Development Corporation (Becamex IDC or BCM) announced that its profit in 2023 reached 102 per cent of the annual target, marking the highest level in the past 8 years.

Data security and privacy play a pivotal role in the digital transformation of the finance and banking sector, according to experts.

Set to be enforced from July 1 this year, Circular 22/2023/TT-NHNN introduces a significant change in credit risk management in the country's financial system.

The Ministry of Construction will issue more construction price norms for public transport projects under its authority in the first quarter of 2024 to boost the construction of the country’s key transport projects.

An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against a target of VNĐ2.8 trillion ($114.45 million).

The Saigon Thương Tín Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd has officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Đà Nẵng project.

More than VNĐ662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan.