Việt Nam News

Shifting to green production and exports would help businesses improve their competitiveness and catch up with global market trends, the 2022 Vietnam Export Promotion Forum has heard.

Delivery remains a permanent aspect of post-pandemic life in Southeast Asia including Việt Nam, Grab’s Southeast AsiaFood and Grocery Trends 2022 report says.

Director of Legal and Corporate Affairs, Southeast Asia, Anheuser-Busch InBev Vietnam Brewery Limited Company (AB InBev), Trương Văn Toàn, speaks to Việt Nam News about business culture and entrepreneurial ethics.

Đồng Nai’s supporting industries have made impressive progress in recent years, but more needs to be done to further develop them, according to provincial authorities.

Concerns about the ability of Vietnamese companies to access credit have been severely weighing on the VN-Index, but the issue is mostly restricted to the property sector, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a note.

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.

Despite a decline of 18 per cent in newly registered capital to $11.5 billion, foreign capital disbursement saw a positive increase of 15 per cent to reach $19.68 billion in the January - November period. 

To support households and companies due to a slump in foreign trade, HDBank is reducing loan interest rates by 0.5 - 3.5 per cent per year from now to December 31.

A great deal of investment opportunities will open for Bà Rịa - Vũng Tàu Province, with many policies that will improve the province’s infrastructure and economy.

The rallies were driven by large-cap stocks in appealing industries, including banking, realty, manufacturing and utilities.

Việt Nam’s first batch of pomelos will be exported to the US from southern Bến Tre Province on Monday. Pomelo is the 7th fresh fruit of Việt Nam being allowed to export to the US market.

Food & Hotel Vietnam, the country’s leading international exhibition in the food, restaurant and hotel industry, will bring together reputable suppliers and potential buyers to explore business opportunities.

In the context that the world economy and Việt Nam’s were facing with a number of difficulties and challenges, IFC’s disbursement of the $150 million loan to VPBank affirmed the bank’s capacity and reputation in the international arena.

With its geographic advantage (being on the coast), the province has paid attention to preserving and promoting the sustainable values of the natural environment.

The global semiconductor and chip race is heating up and Việt Nam should take this opportunity to raise its’s position on the global semiconductor manufacturing map as some leading corporations have invested in semiconductor manufacturing in the country, according to local economists.

Through research on the domestic tourist market in 2016-2022 on a national scale, domestic tourism has taken an active role in each development stage. The number of domestic tourists has increased steadily over the years and peaked in 2019 with 85 million arrivals.

A recent report from financial data service provider FiinGroup showed the channel for raising capital through domestic bonds is gloomy, but many domestic enterprises still succeeded in mobilising international loans. Specifically, ten deals announced recently had a total value of nearly US$1.92 billion.

Việt Nam needs solutions to develop green logistics to take advantage of free trade agreements (FTAs), especially new generation FTAs to help the industry develop, support market expansion and promote exports.