Việt Nam News

Despite the efforts of Japan and Việt Nam, the participation of Vietnamese enterprises in the supply chain of supporting industry products of Japan is still limited.

Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.

The areas include timber processing and furniture, food processing, goods processing from rubber latex, electronics, supporting industries, commercial centres, vocational training and health care.

The trade and investment relationship between Việt Nam and the UK has grown significantly a year after the UK-Việt Nam Free Trade Agreement (UKVFTA) came into effect. Việt Nam News spoke to Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson about the effectiveness of the trade deal as well as opportunities for further cooperation between the two countries.

According to Vietnamese Ambassador to France Đinh Toàn Thắng the participation of Vietnamese businesses in this fair reflected their desire to promote cooperation with France and other countries, in the context that the two governments are resuming trade relations with the world following severe impacts by the COVID-19 pandemic.

Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to deputy minister of finance Nguyễn Đức Chi.

Stock dividend is a common form on the stock exchanges and after each payment, a large amount of shares are pumped into the market.

The Ho Chi Minh City Stock Exchange has announced the top 10 largest securities companies this year.

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VNĐ1.159 trillion (over US$49.56 million) in the first six months of this year, surpassing the target set for the entire year by 56 per cent.

South Korean hotel management company, CHI Hospitality International has inaugurated a Stay7 International Hotel in the central city of Nha Trang

Shares declined for a third day this week with the VN-Index piercing the May-bottom, risking a further slump due to negative investor sentiment.

Trungnam SMC, one of the leading companies in providing solutions for transporting super-heavy goods in Việt Nam, has cooperated with Roll Group to transport super-huge goods with a volume of up to 2,461 tonnes at the Hyundai Việt Nam shipyard.

The disruption of global wheat supply caused by the Russian military operations in Ukraine has left importers no choice but to seek substitution for the grains in rice-exporting countries, boding well for Vietnamese rice.

Việt Nam is seeking co-operation with India in the field of pharmaceuticals, especially manufacture of vaccines for COVID-19.

Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested.

The Ministry of Finance has issued further guidance on the law regarding foreigners and prize electronic games in Việt Nam. 

Consumers in HCM City are favouring inexpensive brands due to quickening global inflation, encouraging businesses to invest more in affordable products.

WIth positive performance in H1, the ministry expects the country's agro-forestry-fishery exports to reach $55 billion by the year-end, $5 billion higher than the Government target.