Việt Nam News

The VN-Index posted the highest gain in a month with a strong influx of cash flow on Monday which drove stock prices higher.

Recent electricity retail hike of 3 per cent will likely have a small effect on the country's CPI in the short run, according to the Ministry of Finance.

According to estimates from the Asian Development Bank (ADB), by 2030, Việt Nam's basic infrastructure investment needs will amount to around US$480 billion.

The disbursement of public investment capital was only more than VNĐ110.63 trillion in the first four months , equalling to only 14.66 per cent of the plan

The collapse of Parkson Vietnam is most likely attributable to its inappropriate business strategy.

Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of Net zero emissions by 2050.

The State Bank of Việt Nam (SBV) plans to seize four weak commercial banks in a move aimed at strengthening the country's banking system.

Shares are forecast to correct as selling pressure at the resistance area of 1,040-1,045 points will continue to suppress the market in the next sessions, said analysts.

Reports from a number of commercial centres and supermarket chains in the city show that spending on essential consumer goods during this holiday increased two or three times compared to normal weekdays.

Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn hosted a reception in London on May 5 for Vice President Global SHE and Sustainability at AstraZeneca Juliette White and attended a ceremony to announce its investment worth US$50 million to restore forests and landscapes in Việt Nam.

The Vietnamese Embassy in Italy showcased Việt Nam’s fruits, vegetables and spices at the 40th Macfrut international trade fair in Rimini city in the Emilia Romagna region last week, within the framework of the Vietnam-Italy Year 2023.

The Viet – Smart Travel Card was officially launched by Tourism Information Technology Centre (TITC) under the Vietnam National Administration of Tourism on Friday.

Market liquidity on the Ho Chi Minh Stock Exchange (HOSE) improved significantly in April, with average trading volume and value per session up by 24.6 per cent and 21.4 per cent over the previous month to 641 million shares and VNĐ11.12 trillion (US$474.25 million), respectively, the southern bourse reported.

China’s BYD Co. Ltd. plans to invest in a factory specialising in tablet computer production, while Japan’s Erex Co. Ltd. will invest in biomass power in Việt Nam.

After a sluggish GDP performance in the first quarter this year, Việt Nam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to HSBC’s report.

Due to falling demand, communication and technology (ICT) firms had to sacrifice profits to stimulate demand as well as promote other product segment to compensate for the losses.

The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular.

Vietravel Airlines plans to boost its fleet to six aircraft by adding three more in the third quarter of 2023, in line with its original establishment plan.