Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Draft e-commerce law proposes 10 prohibited acts

Deposit interest rates surge to meet rising capital ahead of Tết

Bank depositors are happy while firms are worried, as savings interest rates are increasing significantly in the last months of the year.

Steel producers expected to recover in Q4

The market's attention is now turning to steel stocks after they corrected strongly from recent peaks.

HCM City to keep prices of essential goods stable during Tết

The HCM City government wants businesses and distributors to increase production and stockpiling of essential goods to ensure sufficient supply for the city’s 9.4 million inhabitants during the upcoming Tết (Lunar New Year) holidays.

Retail market increasingly attractive to investors

Việt Nam’s retail market is becoming a magnet for investors thanks to such favourable conditions as political stability, transparent capital control and large market size.

Homestay businesses struggle during pandemic

The homestay service in the northern province of Quảng Ninh has dynamic growth since 2018, showing off the popular trend of short-term accommodation in the province.

Localities asked to speed up disbursement of public investment

Finance Minister Hồ Đức Phớc talks to the media about the disbursement of public investment and difficulties that hinder the process.

Việt Nam’s e-vehicles to consume over 71.87 billion kWh by 2050: experts

Vietnamese automotive manufacturer VinFast made the global debut of its new electric vehicles VF e35 and VF e36 at the Los Angeles Auto Show 2021 in California, the US.

Shares manage to gain on real estate stocks

The market’s upward trend weakened during the afternoon trading session on Tuesday with the market experiencing drops in large-caps' prices, but gains in real estate stocks pushed up indices.

MoMo closes its series E funding, becomes a unicorn

MoMo announced the successful completion of its Series E fundraising round on Tuesday with $200 million in equity financing from leading global investors including Mizuho, Ward Ferry, Goodwater Capital and Kora Management.

HCM City’s annual Promotion Fair opens

Some 230 businesses are displaying a wide range of products at the 2021 Promotion Fair which opened in HCM City on December 21.

Australia and Việt Nam set to deepen economic ties

The governments of Australia and Việt Nam on Tuesday publicly released a strategy to unlock significant opportunities for businesses across the two countries.

Trà Vinh Province continues to solicit investment to boost economy

The Cửu Long (Mekong) Delta province of Trà Vinh will “continue to roll out the red carpet" to investors in sectors in which it has strengths, including the maritime economy, to drive its economic recovery, according to its officials.

Securities firms race in margin lending

The growth of the stock market since mid-2020, especially in 2021, has boosted investors' demand for margin lending.

Shares struggle as large-caps vary

Shares struggled on Monday with the market experiencing strong volatility with big variations in large-caps' prices.

Việt Nam sees great potential in global Halal market

The Halal market is a huge market for Vietnamese businesses because currently Vietnamese Halal products do not account for a significant share.

VN banking industry’s valuation higher than regional peers

The valuation of the Vietnamese banking industry is relatively high compared to other regional countries, according to Military Bank Securities Company (MBS).

HCM City seeks to improve its lowly competitiveness ranking

HCM City officials discussed ways to improve the city’s ranking in the Provincial Competitiveness Index (PCI) at a meeting last week.

BB Group to invest $5 billion into project cluster in Quảng Trị

BB Group JSC have proposed investing in a 170 ha gas industry centre and 305 ha general port in Quảng Trị Province.

Việt Nam looks to promote export to Brazil

Vietnamese businesses need to cooperate closer with partners in order to boost exports to Brazil in the last month of 2021 as the American market’s import and export activities have recorded a stable growth, according to the Việt Nam Trade Office in Brazil.

Vietnamese, Indian firms co-operate in petrochemical refinery projects

Refining and Petrochemical JSC (BSR), will co-operate with Indian Oil of India to develop petrochemical refinery projects in Việt Nam, India and third countries.