Việt Nam News

Indices struggled on Monday with the market benchmark VN-Index falling down, as investor's risk appetite was weak due to rising geopolitical tensions.

Bayer has presented the latest developments in the ongoing transformation of its pharmaceuticals business aimed at delivering long-term, sustainable business growth by bringing forward new options for patientsat its annual Pharma Media Day.

A trade promotion programme between representatives of 58 enterprises from Incheon, Jeonju, Daegu, Gyeongbuk of the Republic of Korea (RoK) and Vietnamese potential firms will be held virtually on March 21-25 by the Korea Trade-Investment Promotion Agency (KOTRA) in Hà Nội.

HCM City plans to speed up digital transformation to achieve its goals of becoming a digital government and smart city this year.

After the Mercantile Exchange of Việt Nam (MXV) was allowed to connect with international exchanges, the domestic commodity trading market was organised to operate stably and sustainably, creating the premise for breakthrough developments.

A study of consumer sentiment in the domestic real estate market in the first half of 2022 was launched by Batdongsan, the leading real estate trading website in Việt Nam.

Việt Nam’s Government slashed the value-added tax (VAT) rate from 10 to 8 per cent earlier this month – a move that cost the State budget VNĐ49.4 trillion (US$2.2 billion) but, along with other support, is expected to help boost the pandemic-hit economy.

Loans of pandemic-hit enterprises will enjoy an interest rate cut of 2 per cent under a Government support package to remove difficulties for the businesses.

The aim of making HCM City an international financial hub depends on greater financial liberation that the country has to achieve by 2030 at least, experts say.

The implementation of the EU - Việt Nam Free Trade Agreement (EVFTA) has greatly helped make up for a downturn in the economy caused by the COVID-19 pandemic, according to experts.

The market will continue to move sideways this week with low liquidity to gradually form a strong enough accumulation base before returning to the uptrend, analysts said.

F.I.T and Crystal Bay groups on Friday began the construction of the over-US$1-billion Cap Padaran Mũi Dinh project in the south-central coastal province of Ninh Thuận.

Saigon Telecom Technology Joint Stock Company (SAIGONTEL) of Việt Nam and Aurous Capital Pte. Ltd of Singapore have signed a Memorandum of Understanding (MoU) on investment cooperation in a US$2.5-billion project to develop an industrial and urban complex in the northern province of Bắc Giang.

Vietnamese and Singaporean businesses signed cooperation deals worth nearly US$11 billion at the Vietnam-Singapore business dialogue on February 25, which was attended by President Nguyễn Xuân Phúc.

The signing marks the first time that a private corporation and an airline in Việt Nam collaborate with an international airport group to develop aviation services and facilities. The parties will cooperate in the research and development of projects at airports in Việt Nam, which include green, sustainable and smart infrastructure development projects.

Việt Nam’s e-commerce has been growing in a robust pace in the wake of COVID-19, fuelling a boom in transport and express delivery services.

Despite an active stock market, a number of share auctions still failed, with some even cancelled, due to a lack of investors participating. 

The hybrid-working model, that is combining 'work-from-home' with more traditional office-based work, has remained popular despite an end to social distancing mandates, experts have said.