Việt Nam News

The market declined slightly on Friday, dragged down by banking and steel industries pressured by strong selling force.

HCM City’s land adjustment coefficient (the K coefficient) will be up to 35 times the official prices this year.

Car and motorbike sales haver been dropping sharply since the end of July since people are unwilling to make big-ticket purchases in the ‘Ghost Month’.

General Director of the Vietnam Oil and Gas Group (PetroVietnam) Lê Mạnh Hùng has proposed that during a recent meeting with Equinor Director Anita H Holgersen in Hà Nội.

Moon cake producers are launching many new products ahead of the mid-autumn festival next month.

Despite a less rosy external picture, the domestic economy continued to gain traction. Retail sales growth hit a record high of over 55 per cent year-on-year, according to HSBC report “Vietnam at a glance – The old playbook” released on Wednesday.

Struggling tourism businesses in HCM City are in dire need of credit to recover but are finding it very difficult to access the subsidised loans under the Government’s Decree 31 that took effect in May, according to the city Department of Tourism.

An exhibition of agricultural technologies and high-quality crop strains and animal breeds is being held at the Biotechnology Centre in HCM City’s District 12.

Pangasius exports to the EU market are forecast to reach over US$200 million in 2022, up 90 per cent compared to 2021, according to VASEP.

Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân also called on the UK to provide support to Việt Nam in technology transferring and working out appropriate management policies and models to promote industrial development in the era of digital transformation and Industry 4.0 and in the process of transition toward renewable energy.

The Private Sector Development Research Board (IV Board) has recently submitted a report on private firms' post-pandemic woes to the Government, calling for favourable policies.

During a meeting on Wednesday, the State Bank of Vietnam (SBV) reported commercial banks lent nearly VNĐ4.1 trillion to nearly 550 customers under the programme, of which VNĐ1.1 trillion was interest rate aid.

The market closed lower on Thursday as strong selling forces depressed indexes.

Domestic airlines have started offering tickets for Lunar New Year (Tết) holiday with many promotional tickets.

The Fire Safety & Rescue Vietnam-Secutech Vietnam-SMAbuilding 2022 international exhibition opened in HCM City’s Saigon Exhibition and Convention Centre on August 18 with 320 booths set up by over 250 exhibitors.

This is a framework cooperation oriented-agreement, aiming to assist Thừa Thiên-Huế to achieve socio-economic development goals for the 2021-25 period, thus addressing challenges facing of the local economy by digital technology, and speeding up digital economy and digital society.

The products included toys, gifts, and household items that are handcrafted from natural materials such as sedge, rattan, bamboo, wool, and ceramic.

Recently, central banks worldwide are in a dash to raise benchmark interest rates to cool rampant high inflation. Vietnam News Agency talked to Associate Professor Dr. Nguyễn Thị Mùi, a member of the National Advisory Council on Financial and Monetary Policies (NACFMP) about how their moves will affect the global economy, including Việt Nam.