Việt Nam News

The HCM Communist Youth Union (HCYU) and Saigon Beer-Alcohol-Beverage Corporation (SABECO) on Wednesday in Hà Nội signed a new agreement to elevate the strategic partnership over the next three years.

The project, a 20,000-ha-coastal-economic zone in southern Hải Phòng City, is seeking approval from the central level, Lê Trung Kiên, Head of the Hải Phòng Economic Zones Management Board said on Tuesday.

Gold buyers must exercise caution and try to pick the right time to buy or sell to avoid incurring losses and minimising risks as the prices of the precious metal can go lower in the short term.

The Economic and Science Promotion Agency of Gyeonggi-do Province of the Republic of Korea (RoK) has completed a pilot project to support businesses from northern provinces and cities in connecting with Việt Nam.

Bank representatives affirmed there is no shortage of the precious metal and that demand for gold will be met.

With its large young population and rising disposable incomes, Việt Nam is an attractive market for manufacturers and distributors of skincare products, according to industry insiders.

Việt Nam has a favourable location in Southeast Asia, a large supply of necessary rare-earth elements for semiconductor chip production, and a stable political environment. It is also actively pushing for the development of the semiconductor industry with favourable policies.

Việt Nam currently has about 3,800 start-ups.

China, Thailand, South Korea and Japan are Việt Nam's major vegetable export markets and account for 98 per cent of their total turnover.

The company intends to use an expected VNĐ1 trillion from a private placement to acquire a majority 51 per cent stake in An Phú Sinh Group.

The total state budget collection in the first five months of this year was estimated to reach VNĐ898.4 trillion (US$35.2 billion).

Data from Q1 2024 financial statements of 27 commercial banks showed total deposits of the entire banking industry only increased slightly by 0.7 per cent compared to the end of 2023, in the context that deposit interest rates continuously decreased in the first months of the year.

Benchmark indices extended gains on Tuesday, rallies for a second straight session.

Head of the Lao People’s Revolutionary Party (LPRP) Central Committee's Inspection Commission and the Central Anti-Corruption Commission of Laos and President of the Lao State Inspection Authority Khamphan Phommathat held separate working sessions in Hà Nội with leaders of Việt Nam's BIDV and Viettel.

Deputy Prime Minister Lê Minh Khái has recently signed Decision No. 471/QĐ-TTg regarding the investment policy to develop and operate the infrastructure of Tân Phước 1 Industrial Park in Tiền Giang Province.

Sacombank has won two awards from the International Business Magazine for “Most Innovative Digital Banking Vietnam 2024” and "Most Innovative Retail Bank Vietnam 2024.”

The Vietnam Post Corporation (Vietnam Post)’s IT system was breached by ransomware at 3:10 am on June 4, leaving direct impact on the operations of postal and delivery services, the company has reported.

There are three major challenges during the e-commerce boom, the risk of personal data breaches, rampant counterfeiting and tax loss.