Việt Nam News

Nearly 18 months since the introduction of the 2021 Law on Public-Private Partnership (PPP) in Việt Nam, it's still difficult to get investors to warm up to PPP projects despite the huge potential for growth, as the country ramps up efforts to build modern infrastructure, said industry experts and policymakers in a meeting in Hà Nội on Tuesday.

Shares continued to slide in HCM City but recovered in Hà Nội on Wednesday as liquidity decreased on widening divergence.

Mozambique could act as a gateway for Vietnamese businesses to penetrate member countries of the Southern African Development Community (SADC), President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias said at a meeting with representatives of the Vietnamese business community in Hanoi on June 21.

Việt Nam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions, reported a government official familiar with the sector.

The country alone issued total $1.5 billion of GSS in 2021, nearly 5 times higher than the value of $0.3 billion in 2020, maintaining stable growth for three consecutive years.

The ownership of all 100 cashew nut containers related to a suspected scam in Italy has returned to Vietnamese businesses, according to the Vietnamese Trade Office in the European country.

Textile and apparel businesses in Việt Nam need to pay more attention to sustainability with regard to cotton sourcing, reducing environmental impacts and adhering to global labour conventions, a conference heard in HCM City yesterday.

Companies which hold abundant cash have an advantage in the inflation hurdle and in a down-trending market.

While a series of sanctions caused the Russian market to wobble at times, Vietnamese textile and garment enterprises have stood firm and continued to earn profits.

There was large potential to increase export of medicinal herbs to Japan while several Japanese pharmaceutical companies were eyeing to buy herbs from Việt Nam, according to the Việt Nam Trade Office in Japan.

Recognition that there’s a growing market for safe agricultural produce is pushing several localities to pursue ways and means to advance clean agriculture.

Việt Nam is targeting to control public debt below 60 per cent of gross domestic product (GDP) by 2030 to ensure debt safety and national financial security.

Experts have said that great market opportunities will open for Việt Nam if sustainable natural rubber production receives adequate Government supports with enterprises determined to follow a sustainable development. 

In the first six months of 2022, VNDirect Securities Corporation's (HoSE: VND) profit before tax is estimated to reach about VNĐ1.62 trillion (US$69.7 million), an increase of 43 per cent year-on-year, said Nguyễn Vũ Long, Acting General Director of VNDirect.

Once the deal is successful, Hoa Sen Holdings Group is no longer Hoa Sen Group's shareholder.

Shares tumbled for a third day on Tuesday but the decrease narrowed on rising buying power, focusing on food & drink and banking industries.

Retail petrol prices were up by nearly VNĐ500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

In five months, the profit recorded was 3.4 times higher than the figure of the whole of last year.