Việt Nam News

he information and communication technology sector has grown by 6-9 per cent each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).

Share issuance is widely chosen by businesses to mobilise capital, but many bottlenecks need to be removed.

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Đào Minh Tú.

Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation (Japan) on Wednesday started construction of Core5 Quang Ninh project in DEEP C Quảng Ninh 2, Quảng Yên Economic Zone in northeastern province of Quảng Ninh.

Masan Group Corporation has announced the successful disbursement of US$375 million, the underwritten tranche of its $650 million syndicated loan signed in February 2023.

Though Việt Nam's banking industry expects to have many development opportunities in 2023, problems with liquidity, interest rates and bad debts are putting great pressure on the industry’s operations and require many drastic solutions. Banking expert Nguyễn Trí Hiếu talks to the Vietnam News Agency about the issues.

A flight to quality will remain a key theme in the HCM City office market in 2023 as both foreign and domestic companies are setting ambitious net-zero targets to comply with environmental, social and corporate governance (ESG) regulations, experts said.

Under a document issued late last week, the SBV has required the institutions to simplify administrative procedures, shorten the time needed to approve loans, and diversify credit products for the rice industry.

The revision corresponds to Decree 08 of the government, which went into effect on March 5 and aims to address bottlenecks in the corporate bond market.

Việt Nam would need VNĐ312.6 trillion (US$13.3 billion) to develop the seaports system by 2030, according to the Ministry of Transport.

The expansion is nearly the lowest in 13 years, with Q1 of 2020, which recorded growth of 3.21 per cent.

The VN-Index inched higher thanks to gains of large-cap stocks and marked its seven days of rally.

The first phase of IPv6 for Gov, conducted between 2021 and 2022, primarily focused on state agencies. Half of all ministries, agencies, and localities were targeted to adopt IPv6 transitional plans and successfully shift towards IPv6 for their portals. It is expected that all of them will roll out their plans during the second phase between 2022 and 2025.

Australian energy trading technology company, Powerledger on Tuesday announced it’s partnering with Việt Nam Electricity Central Power Corporation (EVNCPC) to launch Việt Nam's first peer-to-peer (P2P) energy trading project at the Australia-Việt Nam Forum on Energy Transition.

Minister of Industry and Trade Nguyễn Hồng Diên discussed measures to promote economic and trade ties between Việt Nam and China’s Yunnan Province, while meeting with Secretary of the Yunnan Party Committee Wang Ning in Hà Nội.

Many factors are expected to draw cash flow back on the stock market, especially that from foreign investors.

The export of Vietnamese durian to China through the official channel since September 2022 opened up a new prospect for Việt Nam's fruit and vegetable industry.

The PM has called on SBV to accelerate the distribution of the credit package that provides VNĐ120 trillion (US$5.1 billion) of preferential loans to individuals seeking to buy affordable housing and apartments in renovated buildings.