The State Bank of Vietnam (SBV) on Wednesday made its first policy interest rate cut since October 2020 to stabilise the monetary market and support economic growth
Global demand for Vietnamese products has been dwindling, with the country's major exports, such as furniture, footwear, and seafood, receiving far fewer orders than last year.
Although 2023 is forecast to be a difficult year, many securities companies still set a target of positive profit growth in 2023, besides some other adopting more prudent plans.
According to contractors and investors in Hà Nội, while the price of cement has stabilised, other essential building materials such as steel and construction sand continue to increase in price.
Thanks to better input material supply and the application of a closed production process, tra fish industry is expected to overcome difficulties and become profitable again in the third quarter of this year, according to analysts.
The State Bank of Việt Nam (SBV) is collecting comments on its draft revised Law on Credit Institutions to better ensure the safety of the banking system.
Việt Nam’s hotel industry has been slower to bounce back from the COVID-19 pandemic than that of other countries due to a series of factors, including strong reliance on the Chinese market and a large pipeline of hotels, according to Savills Hotels APAC.
This marked the third losing day in a row after collapse cases of two American banks spooked global markets.
NA Chairman Vương Đình Huệ attended a ground-breaking ceremony for Hưng Yên's Industrial Park No. 5, which covers 192 hectares in Xuân Trúc and Quảng Lăng communes of An Thị District, and Nghĩa Đàn Commune of Kim Đồng District.
The southern province of Bình Dương wishes to strengthen cooperation with and attract more investment from Laval city in Canada’s Quebec region, as well as Canadian businesses, said Vice Chairman of the provincial People’s Committee Mai Hùng Dũng.
Lao Airlines will resume a direct air route between the central and Vientiane, capital of Laos, with two flights per week on Thursday and Sunday from March 30
Retail investors opened 63,731 new accounts and institutional investors opened 133 new accounts in February.
In the context of weak domestic steel demand and rising costs pushing up global commodity prices, the selling prices of finished steel are increasing slower than the prices of input materials.
In order to achieve these goals, the resolution seeks to remove obstacles in the development of the real estate market, particularly in terms of institutions and capital sources.
The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) ended the day at 1,052.8 points, a slight decline of 0.2 points or 0.02 per cent.
The support policies would include the exemption and reduction of taxes and fees and land use fees following the Prime Minister’s directives and be reported to the Government by mid-March.
The ministry said there is still untapped potential in the domestic market as the country's population reaches the 100 million mark.
Việt Nam had 23,665 recognised bird farms by late 2022, most of which are in Kiên Giang and Bình Định provinces.
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