Việt Nam News

Under Document 752/TTB-P5 issued by the inspectors, the five firms comprise Đồng Tháp Petroleum Trading Import and Export JSC, Tín Nghĩa Petroleum Import and Export JSC, Hồ Chí Minh City Petroleum Company LTD, Hùng Hậu Petroleum Company LTD, and Orient Oil & Gas JSC. 

Progress has been made in reducing Việt Nam's public debt according to the latest report released by the Ministry of Finance.

The index of industrial production (IIP) in the first eight months of 2022 surged 9.4 per cent over the same period last year, according to the General Statistics Office (GSO).

Việt Nam passed South Korea to lead the consumption per capita of instant noodles in the world in 2021, according to the World Instant Noodles Association (WINA).

Analyst’s Pick: The entry into force of the EU-Việt Nam Free Trade Agreement (EVFTA) in August 2020 ­– the most ambitious and comprehensive agreement that the EU has ever concluded with a developing country – is a step further in the development of the bilateral relation after three decades, presents a win-win relationship for both Việt Nam and EU, and is deemed a “highway” connecting the bloc and the Southeast Asian country.

PM Chính suggested Standard Chartered Bank strengthen its support for Việt Nam in the process of digital transformation, green transformation, energy transformation towards sustainability and adaptation to climate change.

With a revenue of US$117.7 billion in 2021, the UK is the fourth largest market for e-commerce in the world, placing it ahead of Germany and behind Japan, according to a global provider of market and consumer data Statista.

Last month, the benchmark even witnessed an outstanding breakthrough with a gain of more than 74 per cent over the previous month.

Việt Nam's leather and footwear enterprises face many challenges in the remaining five months of 2022, especially the lack of market information, according to the Việt Nam Leather, Footwear and Handbag Association (Lefaso).

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index started off the afternoon under the baseline. It moved up and down and reached just above the baseline at about 2:30pm. 

Amid the central bank’s tight money policy and with the bond market screeching to a halt, many real estate companies thus find themselves cut off from sources of funds.

Since its inception in 2021, the German Desk has achieved successes in establishing networks and relationships with German and European businesses and promoting investment and trade ties between German and European businesses and their Vietnamese counterparts.

Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the norms and are expected to complete the work soon.

The Cửu Long (Mekong) Delta province of Đồng Tháp will focus more on developing its border economic zone’s infrastructure with Cambodia to help it reach its economic potential, local authorities said.

The capital scale of securities companies has grown robustly in the past 2 years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.

Vietnamese businesses are advised to better exploit the UK-Việt Nam Free Trade Agreement (UKVFTA) to build and develop their brands to expand presence in the UK market amid stiffer competition driven by the “Global Britain” policy.

Việt Nam's export value of agro, forestry, aquatic products in the first eight months of the year hit about US$36.3 billion, a year-on-year rise of 13.1 per cent, according to the Ministry of Agriculture and Rural Development (MARD).

Attracting large capital for urban development is essential for Phú Quốc City, which houses Phú Quốc Island – Việt Nam's largest off the southern province of Kiên Giang, serving its diverse and sustainable growth after years of investing in the entertainment-resort tourism industry.