Việt Nam News

Faced with a slump in export orders, woodworking firms have been striving to stay afloat in various ways.

The association's Deputy President, Hồ Quốc Phi, noted that electric cars are widely regarded as the future of the automobile industry, offering advantages such as easy refuelling, reduced maintenance, increased safety, no need to change oil or coolant, and less engine noise.

However, the export market is expected to rise in the second quarter of 2023, though the recovery will not be as fast as in the same period last year. Việt Nam News reporter Tố Như spoke to Nguyễn Hoài Nam, deputy general secretary of the Việt Nam Association of Seafood Exporters and Producers (VASEP), to learn more about the expectation.

The PM said that Việt Nam considered the US one of its most important partners and wanted to deepen the comprehensive bilateral partnership. 

Shares climbed for a second day as good performace of global stock markets prior to the Fed’s announcement of rate hike supported local investors’ psychology.

Vietnam Texfuture Spring Summer, an international exhibition on high-end fabric exhibition that opened in HCM City on March 22, seeks to inspire the use of sustainable fabrics by local producers.

Minister of Planning and Investment Nguyễn Chí Dũng has voiced his hope that US enterprises will become the biggest investor in Việt Nam to seize every co-operation opportunity in the countries’ development process on the basis of equality, mutual respect, and mutual benefits.

A strategic cooperation agreement has been signed between HCM City and five southeastern provinces to boost socio-economic development in the southeastern region in the period of 2023-25.

Investors of numerous renewable energy projects demanded solutions to resolve pricing issues in a meeting with Vietnam Electricity (EVN) on Monday. 

Digital transformation is considered as a catalyst for many businesses to transform and adapt to green and sustainable models. Recently, dual transformation (green and digital) has been mentioned by the European Union and is an important future trend.

Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

It is believed that the enhancement will help shore up investor confidence in the Vietanmese stock market after recent scandals.

Shares bounced back strongly in the afternoon session, driven by increasing demand at the support price levels.

The Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) has teamed up with the International Finance Corporation (IFC) to increase access to finance for small and medium enterprises (SMEs) in Vietnam.

RX Tradex Việt Nam signed an MoU for the 2023 Business Innovation Zone project with YES Asia Group, Sufex Trading, PR Newswire and PNA Consulting in HCM City on March 21.

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

In 2023, the company needs to get out of the current state of loss and gradually make a profit to offset the accumulated losses of previous years.

The 50 per cent registration fee reduction scheme, previously proposed by the government for cars made and assembled in Việt Nam, should apply to imported vehicles as well, according to the Vehicles Importers Vietnam Association (VIVA).