Việt Nam News

Unlike previous years, the State Bank of Vietnam (SBV) this year allocated the credit growth quota of around 14 per cent in the whole year of 2023 for commercial banks right at the beginning of July 2023 with an aim to boost lending.

As of July 17, the lender’s market capitalisation reached more than VNĐ71.4 trillion (US$3 billion), doubling its value since its listing on the southern bourse.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed the week at 1,207.67 points, a gain of 10.34 points, or 0.86 per cent. It was its highest close in ten months and a weekly gain of 1.8 per cent.

It's time to change the mindset of "growing at all costs" in e-commerce and bring environmental concerns to the fore. Otherwise, its impact could be devasting.

A business working visit led by the governor of Wakayama helps promote understanding and cooperation and investment between two localities on the 50th anniversary of the Japan-Việt Nam diplomatic ties.

Many people still think that farming is hard and produces a low income, but many of the households producing safe vegetables in Thanh Đa have proven this not to be the case, and people's living standards are improving day by day.

Business results of coal enterprises prospered in the second quarter due to high demand for coal supply for thermal power.

With exports expected to remain mired in difficulties for the rest of the year, the cashew industry has lowered its export target for this year to US$3.05 billion, $50 million and $750 million below its own previous target and the Ministry of Agriculture and Rural Development’s.

Deposit interest rates have continued falling to below 8 per cent per year at all banks in Việt Nam as the State Bank of Việt Nam (SBV) aims to maintain a stable macroeconomic landscape and promote lending.

The reversal was mainly driven by stronger profit-taking demand after the index rallied continuously and breached the threshold of 1,200 points.

The Cửu Long (Mekong Delta) province of Long An plans to establish 17 new industrial parks, bringing its total to 51 by 2030, with a total area of nearly 12,500 hectares, according to the provincial People's Committee.

The JBIC will continue cooperating closely with Việt Nam to develop socio-economic infrastructure, thereby helping foster the two countries’ relations in an increasingly intensive and effective manner for the sake of the two peoples

The Civil Aviation Authority of Việt Nam was working with foreign aviation authorities to provide support to airlines based on the principle of reciprocity.

Internet searches for accommodation in Việt Nam on an online travel platform surge after the National Assembly’s recent reinstatement of 90-day visas for Việt Nam-bound travelers.

Nearly 270 Vietnamese and foreign companies are displaying a wide range of products for the textile and garment industry at the 2023 Vietnam Saigon Fabric and Garment Accessories and Industry (SaigonFabric Summer) Exhibition being held in HCM City from July 26 to 29.

Phú Nhuận Jewelry Joint Stock Company (PNJ) reported net revenue of nearly VNĐ16.5 trillion (US$697 million) and profit after tax of VNĐ1.08 trillion ($45.6 million) for the first half of the year, meeting 55.9 per cent of its profit goal for 2023.

More than 1,000 domestic and international brands in the cosmetics and beauty industry are showcasing products and technologies at the Vietbeauty & Cosmobeauté Vietnam that opened in HCM City on Thursday.

HDBank is one of the first lenders in Việt Nam to have successfully adopted Basel III reforms standards.