Việt Nam News

Data from the General Department of Customs showed that the export turnover of wood and wooden products reached US$3.9 billion in the first four months, down 30.6 per cent year-on-year. The export of wooden goods saw a yearly decline of 38 per cent to $2.6 billion. 

Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)'s “yellow card” warning to be removed soon.

HCM City will improve its business climate and create favorable conditions for foreign businesses, especially those from Slovenia, to invest in the city, said a city official.

The portal for origin tracing was expected to be completed by the end of this year and become be an effective tool to promote traceability not only in Việt Nam but also with other countries.

Property-sector risks have made operating conditions more difficult for banks in Việt Nam in the short term, but the liquidity crunch is easing and the banking system is likely to avert a sharp slowdown due to the concerted response of policymakers and banks, says Fitch Ratings.

Shares started the new trading week positively but liquidity decreased and foreign traders returned to be net sellers, showing rising caution among investors.

The industries have been struggling in recent years with a shortage of orders, increased costs and decreased demand, with many businesses forced to operate at minimal capacity, according to Đào Phan Long, chairman of the Vietnam Mechanical Enterprises Association (VMEA).

Very few contractors have taken legal action against their defaulted investors. It took them around three to five years to have their cases heard but the plaintiffs got their money back in just 30 per cent of the cases.

The promotional airfares (excluding taxes and fees) are applied for Vietjet's entire international flight network with flight schedules from August 12, 2023 to March 31, 2024, the airline announced on Monday.

Việt Nam's population has nearly reached 100 million. This has made the country an attractive prospect for major foreign investors because of the abundant workforce and potential market.

The retail prices of petrol rose in the latest adjustment on Monday by the Ministry of Industry and Trade and the Ministry of Finance.

Gold remains a potential investment channel until the end of this year, though the global economy in general, and Việt Nam in particular, still possess potential risk factors related to recession and inflation, which make it difficult to forecast the gold price.

Owners of condotel apartments who fully satisfy the conditions under the land law, construction law and the law on real estate business shall be granted a certificate of ownership of land-attached construction facilities according to the commercial or service land area purpose.

Thousands of business conditions and administrative procedures have been abolished or simplified, greatly facilitating businesses.

As many as 200 exhibitors from Việt Nam and around the world will participate in a HCM City expo next week as part of the city’s trade promotion scheme for 2023-2025. 

Việt Nam energy sector's assets face high risk due to climate change and the country's commitment to a shift towards greener energy and economic structure in accordance with the 26th UN Climate Change Conference of the Parties (COP26), according to economists and industry experts. 

More than 200 local and foreign food and beverage (F&B) exhibitors will display and promote their products at Việt Nam’s leading F&B trade show to be held in HCM City next month.

The cycle of the stock market is divided into three phases: falling, bottoming and recovering – depending on five criteria of interest rates, exchange rates, liquidity, bankruptcy and profit expectations.