Việt Nam News

Prime Minister Phạm Minh Chính’s official visit to Cambodia from November 8-9 and his attendance at the 40th and 41st ASEAN Summits and related Summits from November 10-13 are expected to help boost bilateral trade cooperation which has reported positive growth over the recent past.

The MoIT said the refineries must also streamline their procedures to hand off products quicker to retailers, including those without a signed contract, to ease out of the fuel shortage. 

The collective economy in Tiền Giang Province has recovered strongly in the first 10 months of the year, greatly contributing to local socio-economic development and poverty reduction, according to the Tiền Giang Cooperative Alliance.

In 2021, Vĩnh Hoàn Corporation's aquacultural byproducts and collagen/gelatin products raked in over VNĐ2.2 trillion, of which the latter contributed VNĐ642 billion.

Those changes have shown that the modern commercial infrastructure has been developed while the traditional market system has been upgraded, especially in rural markets. 

Passenger volume through Vietnamese airports reached more than 81 million passengers in the ten months of 2022, with 100 million forecast for the whole year. In 2019, the number was 120 million.

Many stocks unexpectedly received a large amount of capital inflows from foreign investors, especially some banking stocks, even though the market went down in October.

The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng said

The market was still under strong selling pressure, with the VN-Index losing nearly 22 points. But foreign investors sized the opportunity for bottom-fishing.

The HCM City Department of Industry and Trade has asked businesses to prepare a wide range of essential goods commonly consumed during the upcoming Tết (Lunar New Year) holiday to ensure sufficient supply and stable prices.

With a term of five years, the IFC-led loan aims to support VIB to boost its loan portfolio for individual customers who are looking to buy, build, and repair houses. Meanwhile, at least 30 per cent of the disbursement value will be financed for home loans worth less than $35,000.

Packaging is key to the effort to bring OCOP products to markets and consumers, especially in a time of increasing international integration.

Sea transport firms are going through a tough time as weak demand has begun to hamper maritime trade and freight rates are expected to fall towards Q1/2023.

Việt Nam is set to increase the base wage from July 2023.

The event, to be organised by Vietnam Investment Review with the sponsorship of the Ministry of Planning and Investment, will be themed "Igniting new opportunities".

Việt Nam is a country with a lot of opportunities for franchising, with many businesses having the capability to become a franchisee, even a master franchisee, a conference has heard.

Fourteen fruit trees, dragon fruit, mango, banana, litchi, longan, orange, grapefruit, pineapple, rambutan, durian, jackfruit, passion fruit, avocado and custard apple, were selected as the focus. 

The MoIT has coordinated with focal point agencies to fulfil the transparency obligations required by the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) of the WTO in Việt Nam.