Việt Nam News

The bank's return on equity ratio (ROE) stood at 30 per cent, confirming its presence in the banking industry’s leading group, according to its unaudited business results in 2022 released on Tuesday 

One bright spot in January was that 153 new foreign-invested projects, valued at $1.2 billion granted licences, up 48.5 per cent in number and 3.1 times in value which was a signal to confirm the confidence of foreign investors in the investment environment of Việt Nam, the FIA said. 

The General Department of Taxation’s portal https://etaxvn.gdt.gov.vn/nccnn/Reques was exclusively developed for foreign suppliers and put in place on March 21 last year.

Việt Nam’s consumer price index (CPI) in January edged up by 0.52 per cent month-on-month, fueled by high consumer demand for the Lunar New Year or Tết which fell in the same month, the General Statistics Office said on Sunday.

Steel companies witnessed hardship in the fourth quarter of 2022 with many big players sufferring losses.

Even under the attraction of the field of telecommunications technology, mergers and acquisitions activities in this industry have been promoted.

SSI Securities Corporation’s revenues and profits reached VNĐ1.47 trillion (US$62.2 million) and VNĐ289 billion ($12.29 million) in the fourth quarter of last year.

An Bình Commercial Joint Stock Bank (ABBANK) has reported a pre-tax profit of nearly VNĐ1.69 trillion (US$71.9 million) last year, a year-on-year drop of 13 per cent.

Prime Minister Phạm Minh Chính on Sunday attended a ceremony to give the order to handle the first cargo in the Year of the Cat at Tân Cảng – Cát Lái Port in HCM City.

Accordingly, for Việt Nam, spices that were previously controlled at 50 per cent such as coriander, basil, mint, parsley have been removed from the control list.

Reducing emissions becomes the priority mission for all countries in the world and the lodestar for investment trends

The consumption habits of Vietnamese people are changing after the COVID-19 pandemic, with many using second-hand products to save money and promote sustainability

Foreign investors' confidence in the Vietnamese stock market is reflected in net buying activities, especially in the last months of 2022

The Ministry of Finance (MoF) said tax support policies and land-use fee reductions for businesses should be continued throughout 2023 despite shortfalls in state budget collection.

Việt Nam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders

The market's uptrend in the near future may slow down and the risk of correction is increasing, brokerage said.

Despite the COVID-19 pandemic’s major impacts on the global economy over the last two years and growing inflation in many countries, remittance flows into Việt Nam remained relatively stable compared to previous years, the report noted.

Many supermarkets in HCM City such as Co.opmart, Co.opXtra, Co.op Food, Go!, Big C, Tops Market, and AEON opened from January 23, the second of the new year.