Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Driving sustainability through digital transformation

VN’s foreign exchange reserves reach US$92.43 billion

The State Bank of Vietnam (SBV) last month bought about US$0.65 billion, bringing Việt Nam's foreign exchange reserves to $92.43 billion, according to the BSC Securities Company (BSC).

Social impact businesses need favourable policies to hold ground

Việt Nam had around 22,000 SIBs in 2018, accounting for 4 per cent of the total number of companies in the country.

South-eastern region to become country’s leading economic engine

Experts have called for continued efforts to improve the traffic infrastructure and implementation of reforms needed to make the southeastern region a leading economic engine of the country.

Government asked to devise 50 per cent cut on auto registration fee

The Government has asked the Ministry of Finance and other relevant ministries to devise a 50 per cent cut on auto registration fees for locally assembled or manufactured cars which aims to support the domestic automobile industry.

Shares decline after four days of gains

Vietnamese stocks snapped a four-day winning streak on Friday, facing strong selling from investors, as they seek profits from those firms that made significant gains during the last sessions.

Work starts on $20m fruit processing plant in Đắk Lắk

Financed by Chánh Thu Fruit Import-Export Group JSC, the factory is the largest of its kind in the province thus far.

Deputy PM pledges support for Japanese firm’s projects using modern technology

Deputy Prime Minister Trần Hồng Hà affirmed that Japanese enterprises now have sufficient opportunities and favourable conditions to invest in Việt Nam.

Masan secures up to $650m syndicated loan, redeems $126.3m bonds

Masan Group Corporation on March 10 announced the completion of the roadshow for a US$650 million syndicated loan underwritten by BNP Paribas, Credit Suisse, HSBC, Standard Chartered Bank, and United Overseas Bank (lead arrangers and bookrunners).

More than 1,600 cyber attacks handled in February

Thus, the number of attacks rose by 36.7 per cent compared to January and by 33.9 per cent over the same period last year.

Việt Nam, Indian state seek cooperation opportunities

The event was co-organised by the Trade Office of the Vietnamese Embassy in India, the Federation of Indian Chambers of Commerce and Industry (FICCI) and authorities of India’s Kerala state.

Domestic poultry sellers face tough competition from imported chicken

The market research company Ipsos published a report assessing the meat consumption and livestock market in Việt Nam on Wednesday.

519 firms win Vietnamese High-Quality Goods Award

The Vietnamese High-Quality Goods Award will be given to 524 firms this year, it was announced in HCM City on March 9.

Falling price of fertiliser causes headaches for producers

The market has continued to witness a sharp drop in prices, with urea fertiliser currently at its lowest price point in over two years. As a result of domestic production, enterprises now have an excess of urea that they can export.

UAE businesses urged to invest in Đà Nẵng at dialogue in Dubai

The ambitious plan proposed at the 'Invest in Đà Nẵng' dialogue includes establishing a free-duty zone, an international finance centre, a seaport, and the growth of logistics, tourism, hi-tech industries and information technology.

China's reopening good news for Vietnamese exporters

Deputy Minister of Agriculture and Rural Development Trần Thanh Nam said China's dismantling of its COVID-19 lockdowns had given a big push to bilateral trade, with Vietnamese exports to China in February rising by 33 per cent month-on-month.

MoF's special consumption tax proposed on sugary drinks controversial

A moderate special consumption tax on sugary drinks, recently proposed by the Ministry of Finance (MoF), has attracted contradictory views from industry insiders and health experts.

Nghệ An speciality embraces EU markets

Since June 2021, eel products from Nghệ An have been officially exported to Australia, Japan, China with 12-15 containers per year.

HCM City seeks further investment from Singapore

HCM City will continue improving its business climate to attract foreign investors, especially from Singapore, a trade official said.

Indices gain on aviation stocks

Aviation stocks soared after China resumed tours to Việt Nam, starting from March 15.

Vĩnh Phúc seeks to attract more strategic investors from Japan

The event looked to promote the attraction of strategic investment to such fields as processing, manufacturing, hi-tech agriculture, trade, and services while creating opportunities for local enterprises to boost cooperation with Japanese partners.