Việt Nam News

The condotel market remains in a slump due to excess inventory, and industry insiders warn it will not recover at least until 2025.

Total non-performing loans (NPLs) at many banks surged in the first half of this year due to the poor business performance of the whole economy, and experts forecast the trend will continue.

Less than one in five (18 per cent) organisations in Việt Nam are confident they are ready to face current and future risks, a survey conducted by Willis Towers Watson, a leading global advisory, broking and solutions company, has found.

Vĩnh Phúc is now one of the key industrial hubs in the north thanks to large foreign direct investment (FDI) inflows into manufacturing.

Việt Nam stocks are forecasted to continue to prosper this week while liquidity increased dramatically, with VN-Index surpassing the 2018 price peak, equivalent to 1,200 to 1,211 points.

Việt Nam’s personal finance market is facing challenges, primarily stemming from a lack of financial literacy and limited access to educational resources, experts said.

HCM Communist Youth Union (HCYU) and Saigon Beer-Alcohol-Beverage Corporation (SABECO) proudly marked the completion of the first phase of their “Fostering Sports” and “Light Up The Rural” projects.

The airline’s launching ceremony was attended by the Vietnamese National Assembly Chairman Vương Đình Huệ and Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) Arsjad Rasjid, together with representative leaders and enterprises of the two countries. 

The PM asked for efforts to deal with problems in the real estate and Government bond markets, along with drastic measures to speed up public investment capital as well as the implementation of the socio-economic recovery and development programme and the three national target programmes.

A recent study by Toyota Motor Vietnam (TMV) showed that more than 75 per cent of Vietnamese enterprises frequently encountered problems in production methods, standardisation of operations, and product quality control.

The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.

The Ministry of Transport has proposed policies to promote the production and use of EVs in Việt Nam.

The instability and uncertainty of the global economy was at the highest level in many years, which were significantly affecting the macroeconomic stability and growth prospects of Việt Nam.

The week has a scale of over 60 stalls, with the participation of over 45 enterprises and co-operatives of the capital city of Hà Nội and 14 provinces and cities.

Revenue of the information and communications technology industry (ICT) was valued at over VNĐ1.71 quadrillion, equivalent to US$72.9 billion, by the end of last month, down 7.1 per cent compared to the same period last year.

Việt Nam is expected to export about 7.5 million tonnes of rice in 2023.

Investment and development of distributed rooftop, utility-scale solar projects and integrated energy solutions are among the methods driving HCM City’s energy efficiency and clean energy transition, a seminar titled “Designing an Energy-Efficient HCM City” heard on Thursday.

Strong gains in real estate and banking stocks helped lift the market's sentiment, with both benchmarks reversing the bearish course on Thursday and setting another weekly rise.