Việt Nam News

Việt Nam's rice exports to Europe continued to grow in the first quarter of 2022, thanks to the Europe-Việt Nam free trade agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).

About 80-90 per cent of fixed-route transport firms have adjusted their fares up by 10-15 per cent to offset mounting fuel costs.

Tight timber supply, coupled with transport delays, has been holding back furniture manufacturers, exposing the need for domestic substitution for imported timber.

The company reported a significant increase of 113 per cent year-on-year in pre-tax profit in the period, owing to the rapid recovery of passenger transport and the ever-growing cargo business, which grew by 76 per cent and 94 per cent, respectively. 

HCM City’s apartment market saw supply decline in the first quarter.

The number of newly established firms reached an all-time high of around 15,000 in April .

The HCM City branch of the State Bank of Việt Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.

Việt Nam's import-export turnover during the first four months of 2022 reached over US$242 billion, of which exports totalled $122.3 billion and imports $119.8 billion, resulting in a trade surplus of $2.53 billion, according to the latest report released yesterday from the General Statistics Office of Vietnam (GSO).

The 2022 Vietnam Manufacturing Expo and  Vietnam’s Only Exhibition on SMT, Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam 2022) will be held in Hanoi on August 10-12 and September 14-16 respectively.

Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors.

With demand for air travel recovering and surging for the upcoming holidays, the aviation and tourism sectors are hoping to make good after suffering severe pandemic impacts.

Việt Nam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.

Benchmark indices ended the week on a positive note, as risk appetite improved ahead of a long holiday. 

The Hà Nội real estate market in the first quarter of 2022 saw signs of improvement in the segments of retail, office and villas/townhouses, while the apartment segment had a more bleak performance, according to Savills Vietnam.

On behalf of the governments of the two nations, Deputy Foreign Minister Phạm Quang Hiệu and Oman's Ambassador to Việt Nam His Excellency Saleh Mohamed Ahmed Al Suqri in Hà Nội on Thursday signed the visa waiver agreement for holders of diplomatic, special and official passports.

The Central Highlands province of Đắk Lắk has great potential in agriculture with the country’s largest land area with a fairly flat terrain and a mild climate.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) targets a 21 per cent increase in profit before tax to VNĐ10 trillion (US$434.21 million) this year, and a standalone non-performing loan ratio of less than 1.5 per cent.

Việt Nam will be an important security partner in Canada's Indo-Pacific strategy, director of the Canada-Vietnam Society (CVS) Julie Nguyễn said.