Việt Nam News

Recalculating base fuel retail prices and granting retailers a minimum bonus were among a number of suggestions made by the Ministry of Planning and Investment (MPI) as measures to put a stop to fuel retail disruption, as seen last year and earlier this year, across the country. 

The export of dragon fruit, banana and durian is expected to contribute US$2 billion to the country’s export turnover in 2023.

Many countries have increased rice imports to ensure food security, which offers Việt Nam a chance for to boost its exports of the grain, according to the Ministry of Industry and Trade. 

Shares reversed to drop on Tuesday, pressured by the slump of large-cap stocks that were hit strongly during the last minutes of the session by increased profit-taking.

Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Việt Nam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.

The retail prices of petrol have been revised down from 3pm Tuesday by the Ministry of Industry and Trade, and the Ministry of Finance, although previous forecasts predicted that they are likely to increase.

The Vietnam International Furniture and Home Accessories Fair (VIFA EXPO), the biggest trade event in the country’s wood and furniture industry, will be held in HCM City’s Saigon Exhibition and Convention Centre from March 8 to 11.

Việt Nam wants to step up cooperation with countries that have strengths in science-technology like Belgium, Minister of Planning and Investment Nguyễn Chí Dũng has said.

The HCM City Tax Department has reduced land and water area rents from 2022 for those affected by the COVID-19 epidemic.

The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for banks to attract the cheap capital source in the context of high interest rates on term savings.

The circular economy would serve businesses well by enabling the efficient use of resources and facilitating their deeper involvement in the global supply chains.

Vũ Hồng Thanh, Chairman of the NA's Economic Committee, said the assembly welcomes opinions from economists, businesses and people from all walks of life regarding ongoing issues related to the property market.

Nam Á Commercial Joint Stock Bank (UPCoM: NAB) will be the first bank to hold the annual general meeting of shareholders this year.

VSD said that FLC shares still meet the conditions of being a public company, so they must be registered for trading on the UPCoM trading system.

Many enterprises from countries such as the UK, the Republic of Korea and Japan said Việt Nam is an attractive investment destination, given the country’s stable macroeconomy, rapid growth and large market with a rising middle class.

With the decline of motorbikes, commuters have no choice but to rely on bicycles for short-distance travel, which is good news for bicycle sellers.

By 2030, aquaculture production is expected to reach 7 million tonnes with export revenue of US$12 billion per year, while the growth rate of aquaculture value is expected to reach an average of more than 4.5 per cent a year.

Shares posted strong gains on the first trading day of the week thanks to positive market forecast amid stable macro-economy situation.