Prices of construction materials like iron and steel, cement, stone, and sand have increased relentlessly since the beginning of this year due to a surge in demand caused by the peak construction period being delayed by COVID-19 from February-April last year.
Việt Nam is targeting US$20 billion in total timber exports by 2025, an increase of more than $9 billion compared to now.
Named FUNDGO, the fund is the first of it kind in the city to support and invest in start-ups. It is established by the city-based TRUSTpay Joint Stock Co.
The Korea Trade-Investment Promotion Agency (KOTRA) in Hà Nội has organised a trade event to boost commercial links between Vietnamese buyers and Korean sellers.
Vietnamese markets extended gains and ended higher on Tuesday, thanks largely to sharp rises in banking, securities, oil and fertiliser shares.
Shareholders are now focusing on news about bank dividends, especially as banks have been doing well throughout the past year despite the COVID-19 pandemic.
Việt Nam was set to be in the top 10 deep processing centers of the world by 2030 however experts said if the Government’s solutions and mechanisms in policies were not implemented synchronously, this goal was hard.
Vietnam Competition and Consumer Authority (VCCA) and Japan International Cooperation Agency recently conducted a survey on small and medium firms to assess their awareness of Competition Law.
Vietnamese and Lao businesses discussed ways to speed up the implementation of large-scale Vietnamese-invested projects in Laos and seek new cooperation projects of strategic importance during a workshop in Vientiane on Monday.
Domestic enterprises need to enhance the application of traceability technology and improve product quality assessment technology, said Trần Thanh Hải, deputy director of the Department Import and Export.
With more firms being added to portfolios in Q1, foreign Exchange Traded Funds (ETFs) are optimistic about Việt Nam’s securities market.
50,000 vehicles per year is the minimum production level needed for the growth of the Vietnamese auto part industry. Unfortunately, few car producers in Việt Nam have reached such a level.
Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks as rapid loan growth will make it challenging to raise capital adequacy ratios (CARs) in the next two to three years, according to Fitch Ratings.
Businesses in Việt Nam are facing new challenges brought by the Russia – Ukraine conflict in addition to lingering COVID-19 problems.
Many supermarkets are under pressure from suppliers of foodstuffs and other consumer products to raise prices following a sharp increase in petroleum prices, but they are negotiating hard to keep them steady and have launched promotions.
Starting from March 21, cross-border e-commerce platforms may send in their tax forms via a new e-portal at http://etaxvn.gdt.gov.vn or Etax Mobile app under the management of the Ministry of Finance.
With more than 14,800km waterways, the Mekong Delta has great potential to develop port and logistics infrastructure, but it has yet to take advantage of it with the existing system lacking intra-regional connectivity.
Retail petrol prices reduced by more than 600 VND per litre from 3pm on March 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.