Why the stock market sell-off when VN’s economy is strong?

The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets, though selling pressure was exacerbated by many new retail investors dealing with margin calls for the first time and a crackdown on firms that borrowed money to buy stocks.

Food exporters turn focus to domestic market

Vietnamese are tending to consume foods of clear origin and high quality after the COVID-19 pandemic, causing many export-oriented food brands to turn their attention to the domestic market.

Gov't may recall unused funds for public investment projects

Undisbursed funds for public investment projects could be recalled if local governments failed to implement said projects for an extended period of time, said Deputy Prime Minister Lê Minh Khái in a meeting with local officials in Hà Nội on Thursday.

Cassava exports up but trade deals not capitalised on

Việt Nam exported 235,000 tonnes of cassava and cassava products worth US$105.01 million in April, up 10.8 per cent and 31.7 per cent in volume and value year-on-year, according to the General Department of Customs.

Đà Nẵng hosts Vietbuild 2022

The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies at 1,000 booths. 

Institutional reforms key to reaching high-income status

Việt Nam must seek to adapt its economic growth model while drastically improving the government's capacity to coordinate and implement economic policy reforms and public investments to realise its objective of reaching high-income status by 2045, said a recent World Bank (WB) report.

Reforming, modernising SoEs a key objective: minister

Reforming and modernising State-owned-Enterprises (SoEs) remains a key objective and high priority of the government, as it continues to roll out policies to address their shortcomings and limitations, said finance minister Hồ Đức Phớc at a conference discussing Việt Nam’s SoEs equitisation and management of State capital yesterday.

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