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Việt Nam’s rice race heats up with fresh push for quality gains

IFC supports private sector growth

The International Finance Corporation (IFC) is committed to supporting Việt Nam to leverage more private sector investment to meet its climate goals.

Analysts cautious on market movements

Analysts from securities firms have cautious views of the market this week as the uptrend is said to be weakened and may continue to correct down. Therefore, analysts advise investors to be careful with high-risk stocks.

Big ETFs post negative growth in Q1

With the market's unfavourable movements in the first quarter, not only individual investors but even professional organisations faced difficulties.

Credit growth in Q1 2022 hits high level

Credit growth of credit institutions was quite positive at 5.04 per cent at the end of the first quarter of this year, much higher than the 2.16 per cent rise in the same period last year, SBV Deputy Governor Đào Minh Tú said at the Government’s regular press conference in March.

Shopkeepers at traditional markets forced to cut staff, even close down

Trần Kim Thu, who owns a clothes stall in Bến Thành Market in HCM City, says: “The maximum sales per day now are only around VNĐ2 million (US$87). It must be at least VNĐ6 million (US$262) to break even.”

Business associations request halt of infrastructure fees at HCM City ports

Business associations have proposed that the Prime Minister ask HCM City to stop the collection of infrastructure fees at seaports.

MoIT propose auctions for renewable energy

The Ministry of Industry and Trade (MoIT) has put forth a proposal to start auctioning solar and wind energy projects that did not complete the technical test phase prior to October 31, 2021.

VSSA warns of Thai sugar smuggled into Việt Nam

The Vietnam Sugar and Sugarcane Association (VSSA) has reported that the volume of sugar exported to Việt Nam from Laos has increased sixty-fold since the country imposed an anti-dumping tax on Thai sugar last year.

Mechanism set up to keep rubber prices in check

The Association of Natural Rubber Producing Countries (ANRPC) has been developing the Sustainable Price Mechanism (SPM) to ensure the sustainability of natural rubber supply chains.

Apparel industry sees stable growth amid pandemic

Apparel industry sees stable growth amid COVID-19 pandemic

VN aims for higher sovereign ratings by 2030

Việt Nam aims to raise its sovereign ratings by 2030, according to the Sovereign Rating Improvement Project recently approved by eputy Minister Lê Minh Khái.

Online searches for 'cryptocurrency' rise sharply during pandemic

Google searches for “cryptocurrency” increased sharply in recent years as Vietnamese paid more attention to seeking investment channels, especially during the pandemic with social distancing measures in place, which forced people to stay home.

MoF supports businesses in economic recovery and development programme

The Ministry of Finance (MoF) will support businesses when implementing the socio-economic recovery and development programme, Finance Minister Hồ Đức Phớc said.

VPS Securities remains market leader

VPS Securities remained the top brokerage in the first quarter with a 17.9 per cent market share, according to data released by the HCM Stock Exchange.

Three factors driving the stock market in April

The slowdown in China's economic growth due to COVID-19, the US Federal Reserve's policy stance and the business plans of listed enterprises are the main factors driving the Vietnamese stock market in April, said SGI Capital.

SBV to regulate fintech banking

The State Bank of Vietnam (SBV) has been developing a sandbox for fintech banking and gathering feedback on a draft regulating the sector.

Firms not ready for higher minimum wages

The Vietnam General Confederation of Labour has proposed a 7 per cent increase in minimum wages from July 1, but many insiders gave thumbs down to the proposal.

Cyber attacks on the rise

The Authority of Information Security, Ministry of Information and Communications reported that there were more than 3,000 cyber attacks on systems in Việt Nam in the first three months of the year.

Việt Nam – one of three hottest markets in Southeast Asia for 2022: Wall Street banks

Việt Nam has been picked by analysts from leading Wall Street banks as one of the three hottest markets in the Southeast Asian region, according to the US’s TV channel CNBC.

Shares end the week on negative note

Vietnamese shares extended losses on Friday as large-cap stocks in a series of industries suffered selling pressure, especially banking, securities and steel.