Việt Nam News

It is necessary to diversify capital sources for the real estate market to reduce dependence on banking credit while the credit flow should be directed to target segments to ensure healthy market development, experts have said.

Overreliance on input material imports, small production value and outdated technology were among major weaknesses of Việt Nam's steel industry, said a recent report by the Ministry of Industry and Trade.

The tightening of capital flows into the real estate sector have caused real estate businesses to halt the issuance of bonds in April.

The Ministry of Agriculture and Rural Development (MARD) has proposed a value-added tax on fertiliser products to support domestic producers.

HCM City businesses are seeking assistance from authorities to revive production and overcome problems such as lack of workers and high raw material costs.

The Ministry of Industry and Trade (MoIT) announced the US is initiating an investigation against defensive tax evasion on wooden cabinets imported from Việt Nam.

The stock market finished higher on Tuesday, ending a two-day fall, as bottom-fishing activities lifted large-cap stocks. 

Aeon Mall Việt Nam plans to build its first trading centre,  Aeon Mall Huế, covering a total 86,000sq.m, with an investment of US$170 million in the central province’s new urban area of An Vân Dương

Vice Chairman of the People’s Committee of Đồng Nai province Võ Văn Phi received executives from the Netherlands’ De Heus Group and Việt Nam’s Hùng Nhơn Group on Monday to discuss opportunities in agriculture in the southern province.

Some major businesses of Denmark and Norway have expressed their special interest in developing offshore wind power during recent meetings with officials of the Ministry of Industry and Trade (Việt Nam MoIT).

Hòa Phát Group achieved VNĐ44.4 trillion in revenue, up 41 per cent over the same period last year while its after-tax profit posted 17 per cent year-on-year increase to VNĐ8.2 trillion in the first quarter of the year.

People will be able to withdraw cash from ATMs by scanning their chip-based ID cards under a new pilot service provided by the Ministry of Public Security.

The campaign has opened doors for many overseas talents to see the country's opportunities for them since its debut in 2016.

Analyst’s Pick: To cope with constant changes in the global economy and unpredictable events as well as to improve the resilience of the financial market, we need to balance the short-term need for agility and flexibility and the long-term need for stability.

Việt Nam is a key beneficiary of the Regional Comprehensive Economic Partnership (RCEP), which entered into force on 1 January 2022 and creates the world’s largest free trade area, according to Standard Chartered Bank in its latest Global Research Report titled: “Việt Nam – RCEP: Opportunities and challenges”.

The upgrade of Việt Nam's stock market from frontier to emerging status is a driving force for the future.

The Ministry of Finance has proposed the Government give an extended deadline for payment of special consumption tax worth a total of VNĐ20 trillion (US$870.5 million) on domestically produced and assembled cars.

The market settled down on Monday, with the benchmark VN-Index posting a loss of nearly 60 points to below 1,300 points, as strong selling pressure weighed investors’ sentiment.