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Double duties, tightening rules: a critical test for shrimp exports

US Treasury Department recognises Việt Nam’s progress in addressing currency-related concerns

The US Department of the Treasury has recognised the progress made by Việt Nam in its recently released report on macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Việt Nam (SBV) said on Monday.

Pharmaceutical industry less affected in pandemic

While most manufacturing and trading industries faced difficulties due to rising input prices, the pharmaceutical industry has been less affected.

Bank interest margins under pressure due to high inflation

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Việt Nam’s economic recovery remains strong: WB

The World Bank (WB) released the June edition of its monthly Vietnam Macro Monitoring on June 13, highlighting that economic recovery remained strong despite heightened global uncertainties.

Food exporters urged to evolve to tap into large markets

Increasing the added value of agricultural and food items will help strengthen the competitiveness of Vietnamese firms

Animal husbandry must go high-tech for export expansion

Animal husbandry in Việt Nam must apply high-tech solutions to produce products meeting quality requirements of foreign markets

Củ Chi lures investor interest with beneficial policies, location

The city’s Củ Chi District is attracting great investor interest with favourable policies, logistical advantages and future development plans.

Shares plunge on strong correction pressure

Shares started the week on a negative note, hammered by losses in multiple sectors facing strong correction pressure during the trading time.

Group-IB spots phishing campaign targeting Vietnamese victims

The Singapore-based cybersecurity firm Group-IB has spotted a mass-scale phishing campaign targetting their clients by impersonating 27 Vietnamese financial institutions.

Big M&A deals forecast in banking industry in 2022

Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.

Fairy tale ends for businesses investing in securities market

BUSINESS BEAT

Falling output means VN cannot export chicken to Singapore

Singapore is facing a serious shortage of chicken meat, but Vietnamese livestock companies do not have a surplus to export to the island.

Việt Nam to improve institutions to attract foreign investment

In view of the important contributions of investment capital to the local economy, Việt Nam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.

Provinces turn to e-commerce to sell agricultural produce

To help sell agricultural products, many localities are working to establish linkages between businesses in the supply chain and turning their focus to e-commerce platforms.

Market to continue correction trend

The stock market marked its first weekly fall in four, with the VN-Index breaking down 1,300 points. This has led analysts to suggest that the market is likely in an inevitable correction phase.

PVEP’s contribution to State budget exceeds 92 per cent of target

PetroVietnam Exploration Production Corporation (PVEP) contributed more than VNĐ7.99 trillion (US$344 million) to the State budget in the first five months of 2022, surpassing the target by 92 per cent.

Thạch Khê iron ore mining project needs careful consideration: Prime Minister

Socio-economic, environmental and social welfare impacts of the Thạch Khê iron ore mining project must be taken into consideration thoroughly to soon decide whether or not to deploy it, Prime Minister Phạm Minh Chính has requested.

HCM City retail sales hit highest level since January 2019

HCM City’s retail sales of goods topped VNĐ57.75 trillion (US$2.49 billion) in May, up 3.08 per cent against the previous month and 13.8 per cent from a year earlier, a report released on Thursday by the city Department of Industry and Trade has said.

HCM City to host data summit

The role of data in digital transformation, data trends in the world, critical path to turning data into business value, data for small and medium-sized businesses, building a data processing team for businesses, and case studies from businesses that have successfully exploited their data pool are among topics that will be discusses at the first Vietnam Data Summit.