Việt Nam News

Pfizer (Vietnam) Limited Company and Vietnam Vaccine Joint Stock Company (VNVC) on Wednesday (May 24) signed a memorandum of understanding (MoU) to partner on protecting public health by increasing the rate of proactive prevention of dangerous infections in the period of 2023-25.

Around 200 exhibitors are promoting their products at the HCM City Export Forum and Trade Fair that opened on Thursday (MAy 25) in District 7.

Việt Nam welcomes partners, including those from India, who are interested in investing in infrastructure, especially strategic infrastructure in the country, including transportation, energy, digital, and climate-adaptive infrastructure, Prime Minister Phạm Minh Chính told CEO of the Adani Group’s Adani Ports and SEZ Limited (APSEZ) Karan Adani during a reception in Hà Nội on Wednesday.

The improvements of macro situations and recent rate cut decision will help lift the stock market int the second half of the year.

It's high time Việt Nam started implementing a robust Procurement Law that ensures fair, transparent and competitive bidding, said National Assembly deputies during a meeting yesterday in Hà Nội. 

HCM City is likely to receive more than US$7 billion worth of remittances this year, a 7 per cent increase from 2022, according to the State Bank of Việt Nam.

The market is expected to reach US$18 billion by 2024 with a high level of competition.

The US Department of Commerce (DOC) has commenced anti-dumping investigation into bottless steel shelving units from Việt Nam, Trade Remedies Authority of Việt Nam said, recommending enterprises producing and exporting related products keep a close watch on the next developments of the case. ​

Three international exhibitions, Electricity, Industrial Machinery and Automation; Water Vietnam; and Energy Vietnam opened at the World Trade Center Bình Dương New City on Wednesday.

The Việt Nam Software and IT Services Association (VINASA) held the Việt Nam - Asia DX Summit 2023 with the theme “Driving Economic Growth Enabled by Digital Data Mining and Smart Connectivity” in Hà Nội on Wednesday.

The VN30-Index followed the VN-Index pattern. It lost 6.50 points (0.61 per cent) to end at 1,061.55 points. In the basket, five stocks rose, two stayed unchanged, and 23 fell.

An Indian delegation comprising 17 business executives from various sectors like IT, infrastructure, electrical equipment, aquatic processing, technology services, and renewable energy met with their Vietnamese counterparts to explore tie-ups at a meeting held both online and offline on May 23.

There is great potential for Việt Nam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thị Thắng at the 8th meeting of the Việt Nam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hà Nội on Tuesday.

The move, effective from Thursday, is the SVB's third round of rate cuts since early 2023 when it became one of the few central banks to take an expansionary stance to support economic growth. 

The first Vietnam ASEAN International Furniture & Home Accessories Fair to be held in HCM City from August 29 to September 1 will provide a platform for Southeast Asian furniture and home accessories producers to display their products and connect with buyers from all over the world.

Real estate stocks have currently entered the medium-term recovery wave in the long-term downtrend, but the wave usually lasts three to six months.

More than 40 meetings will be arranged at the event.

Many banks have cut their costs to income ratio (CIR) thanks to digital transformation to optimise operations, which greatly contributed to their positive business results in the first quarter of 2023 despite the challenging market context.