Việt Nam News

Sugar stocks all posted a weekly gain despite the market's choppy week after India is expected to ban sugar export in the next season starting October.

In the first 10 months of 2022, bilateral trade reached US$7.7 billion, up 15.8 per cent year on year

The Vietnam Innovation Challenge Programme 2023 (VIC 2023) has attracted 758 solution applications from individuals and businesses in Việt Nam and abroad across eight diverse fields.

Nguyễn Lê Điệp, Director of the Tiến Ngân Trading and Investment Co, said the company plans to ship 300-500 tonnes of sugarcane to South Korea, the UK and the EU this year.

Vietnamese ports handled a total of 59,338 vessels between January and July, an annual decrease of 3%, reported the Vietnam Maritime Administration.

The Ministry of Industry and Trade proposed 11 State-owned enterprises (SOEs) in which the ministry represented the State ownership to be handed over to the Commission for the Management of State Capital at Enterprises (CMSC) and the State Capital Investment Corporation (SCIC) at the same time and in their status quo in 2022-25 period.

Samsung Vietnam, in collaboration with the Ministry of Industry and Trade and localities, held the closing ceremony of the project "Smart Factory Development Cooperation Project" phase 1/2023 at 12 participating enterprises in the North to review the performance of the project.

Despite Việt Nam's recent efforts to improve the business environment, foreign investors still face several investment environment barriers such as administrative procedures related to land clearance and acquirement according to business experts and insiders.

6G is the next generation of networks after 5G, and that is attracting many countries and major technology companies in the world to invest in research and application.

Vietnamese internet company VNG Corp, under trading code VNZ, has filed for an initial public offering (IPO) in the US via VNG Ltd.

Vendors at many traditional markets in HCM City, in a bid to attract customers, have been offering discounts, selling online and accepting cashless payment.

The recent development is an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) initiated by the central banks of Indonesia, Malaysia, Philippines, Singapore, and Thailand on the sidelines of the G20 Leaders’ Summit on 14 November 2022 in Bali.

A key topic was the development of the One Commune One Product (OCOP) goods and products and how to promote and connect them to tourism.

The pharmaceutical sector of Việt Nam was considered to have large potential for growth, driven by the country’s rapid growing middle class, the demand for healthcare services and the Government’s efforts to improve regulations and infrastructure in the sector, especially after the COVID-19 pandemic

Shares ended the turbulent week lower as investors remained caution, while strong net sold from foreign investors also weighed on sentiment.

Saigon Beer Trading Company Limited (SATRACO) - a member company of Saigon Beer - Alcohol - Beverage Corporation (SABECO), has officially inaugurated a new distribution centre in HCM City, marking the first milestone of the warehouse master plan project 2022 – 24.

The discussions was focused on around innovative strategies to further deepen trade ties between the two countries.

Innovation and sustainability are two important factors that bring competitive advantages to businesses in the long run, helping firms create value for investors and the community. Binu Jacob, CEO of Nestlé Vietnam cum co-chairman of the Việt Nam Business Council for Sustainable Development (VBCSD-VCCI) told media about promoting twin transition in business at the Việt Nam Corporate Sustainability Forum (VCSF) 2023 held in Hà Nội on Wednesday.