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

Leipzig seeks to become connectivity hub for German, Vietnamese businesses

AMRO revises up Việt Nam's growth forecast for 2024

Central banks have really paused their tightening cycles. Some of them, in fact, began to ease their monetary policy, especially in Việt Nam.

Shares mixed on mounting investor caution

Shares rose for a third day this week in Hồ Chí Minh City’s bourse but reversed to slump in Hà Nội as caution mounted among investors.

Việt Nam faces challenges in hitting growth target of 6.5 per cent this year

Việt Nam’s economic growth in H2 will be driven by accelerating public investment, the main beneficiaries of which are the construction, transportation, and construction material production industries.

US state governor leads delegation to Việt Nam to promote trade

A visiting delegation from the US’s Nebraska state led by Governor Jim Pillen visited MM Mega Market in HCM City’s Thủ Đức City on July 11 to learn about what Vietnamese customers look for at the grocery store and distribution networks in Việt Nam.

Audit finds loss of more than VNĐ20 trillion at EVN

The Vietnam Electricity (EVN) announced a loss of VNĐ20 trillion, attributing it to the acquisition of electricity at costs exceeding its selling prices.

Diversifying funding sources critical for ambitious power plan

FiinRatings said that the Vietnamese Government and EVN should implement reforms, undertake restructuring measures, and enhance its governance capacity.

Google works with NIC and US Mission in Vietnam launch Google for Startups Accelerator

Việt Nam is becoming one of South East Asia's rising startup hubs as its online economy is forecasted to grow to US$50 billion by 2025.

Đồng Nai licenses two foreign-invested projects, worth $30 million

The committee's vice chairwoman Nguyễn Thị Hoàng praised the two large-scale projects, saying that they would play an important role in speeding up local economic development.

PVI Insurance and NongHyup P&C sign MOU to enhance collaboration

PVI Insurance Corporation and NongHyup Property and Casualty Insurance signed a comprehensive business cooperation agreement at PVI Insurance’s headquarters in Hà Nội

Việt Nam contributes to global food security: MARD Deputy Minister

The target to reach US$10 billion from exports of vegetables and fruits can be fulfilled in the future despite a downtrend in the area due to industrialisation, urbanisation and other factors.

Three scenarios put forward for national economy in 2023

Việt Nam’s gross domestic product (GDP) is expected to grow 5.34% this year under the first scenario set out by the Central Institute for Economic Management (CIEM).

Vietnam Airlines transports fresh lychee to 7 countries in Europe, Asia

The airline reported that it had transported nearly 90 tonnes of the fruit to the UK, France, Germany, Japan, Malaysia, Laos, and Cambodia this summer.

US$5 billion package for social housing development sees first disbursements

Credit institutions are ready to provide loans with preferential rates from the VNĐ120 trillion (US$5.07 billion) package.

Railway sector’s revenue up 17% in H1

The railway sector has implemented many solutions to promote transport. Costs of maintenance and management are also increasing.

PV Power to produce about 7.838 billion kWh in the last six months

Total revenue of PV Power is estimated at VNĐ16.56 trillion, exceeding 12 per cent of the plan.

PM calls on An Giang to fulfil potential, achieve sustainable development

Prime Minister Phạm Minh Chính has called for realising the untapped potential of the Mekong Delta province of An Giang to achieve rapid socio-economic development for the entire region.

Credit institutions expect positive demand for banking services

According to credit institutions, the liquidity of the banking system in the second quarter of 2023 remained solid and was more abundant than in the first quarter.

Shares move higher as cash flow spurs market

Vietnamese markets ended Tuesday higher as an injection of cash flow supported the market and outweighed the sell-off pressure.

Vietnamese lychee promoted in Japan

A cultural exchange promotion event and introducing Việt Nam lychee was organised at Kitahanada AEON Mall in Osaka, Japan in a series of activities to mark the 50th anniversary of Việt Nam-Japan diplomatic relations.