Việt Nam News

Shares managed to stay higher on Wednesday amid cautious sentiment with stock indices fluctuated in a tight range.

The movement was driven by positive signs in China as Beijing implemented measures to ease the COVID-19 pandemic prevention and control policy, and Việt Nam officially reopens a number of routes with China to serve the travel needs of passengers.

Five hundred and twenty-eight firms have been hard hit by falling orders. The weakening demand has put 637,000 workers on the line, of which 53,000 have lost their jobs.

The ministry proposed to continue applying regulations on identifying professional securities investors in Resolution 65 from January 1, 2024.

Bình Dương may be well-known as an industrial zone hub but its agriculture also gets attention for its strong potential for growth. The province is home to nearly 200 co-operatives, over 600 farms and high-tech agriculture zones.

The CMA CGM has announced that it has prepared procedures to ask Việt Nam Government to allow it operating in air cargo service.

Soc&Brothers, an SNB Kidden World Joint Stock Company’s retail store chain selling high-end baby and family goods, has recently been awarded the “Well-known trademark – Competitive trademark in Việt Nam 2022” prize by the Vietnam Intellectual Property Association (VIPA).

According to the provincial People's Committee, Thanh Hóa's GRDP statistics have exceeded the target, which is 11.5 per cent.

Prime Minister Phạm Minh Chính called for more efforts to intensify international solidarity, uphold multilateralisation, and cooperate more closely and effectively among countries, while attending the 10th ASEAN-EU Business Summit in Brussels on December 13 afternoon (local time).

First Vietnamese electric vehicle (EV) manufacturer VinFast announced on December 13 that it handed over 594 EVs of VF e34 and VF 8 models to its customers in November.

VNDirect expects that the gross profit margin of steel companies will soon recover when most of the high-priced inventory has been recorded in the cost of goods sold in the third quarter.

Việt Nam has set a target to double the amount of foreign investment in agriculture to US$34 billion by the end of 2030. However, there were a number of shortcomings and limitations the country must urgently address to realise a goal, according to policymakers and industry experts.

With appropriate strategies, open policies, promoted administrative reform, and upgraded transport infrastructure, Long An province is considered a bright spot in attracting investment in industrial development in the Southern Key Economic Zone and the Mekong Delta region.

According to experts, the move is a positive signal reflecting the preparation of banks for unpredictable fluctuations.

The southern province of Bà Rịa – Vũng Tàu is set to achieve positive economic growth in 2022 despite the COVID-19 pandemic and global economic complications, partly thanks to its efforts to improve its business climate.

Shares gained on Tuesday as strong buying forces brought an upswing on blue chips, lifting indices.

Many Asian countries including Việt Nam have benefited from the China+ approach, which has seen companies looking to improve supply chain resilience by diversifying their production bases beyond China, according to the Cushman & Wakefield’s 2022 Manufacturing Risk Index.

Việt Nam and Laos need to further enhance co-operation to capitalise on each other’s strengths and enable their investment and trade ties to be commensurate with their relations, a bilateral trade forum heard in HCM City on December 13.