Việt Nam News

In the past five years, the card market in Việt Nam has grown tremendously in quantity and quality. VIB is a prominent name because it is always leading in new trends, with new lines of credit cards which are bringing outstanding benefits to each group of customers, offering them a seamless, convenient, and safe spending experience thanks to modern card technologies in the world.

The market extended losses on Friday, with many stocks suffering from profit-taking pressure.

At the forum, representatives of organisations and businesses discussed issues considered key to stabilising the macro-economy, ensuring major balances, and promoting economic growth in the coming years.

The Sherpa Company Limited, a subsidiary of Masan Group Corporation, has received the offshore investment registration certificate to carry out investment activities in Singapore.

A conference on the development of Hồng (Red River) Delta region with the chair of Prime Minister Phạm Minh Chính will be organised this Sunday in the north-eastern province of Quảng Ninh’s Hạ Long City.

The amendments to the PIT law would be studied and considered carefully to ensure the consistency with the tax system reform strategy to 2030, appropriateness to the socio-economic context, income and living standards of the people.

According to the SGI 2022 Benchmarking Results, the Vietnamese power utility ranked 47th among the 94 power companies from 39 countries worldwide, climbing six notches from the 2021 rankings.

Gas and petrol prices greatly affect the production cost of fertiliser because gas prices account for about 80-90 per cent of the production cost of ammonia - an important input for urea and DAP fertilisers.

A number of large manufacturers slashed car prices early this year, signaling fierce competition in the Vietnamese auto market.

HCM City will be able to attract US$4.1- 4.5 billion worth of FDI this year if the economic situation stabilises and inflation remains under controlled, according to its Department of Planning and Investment

Farmers have been warned not to massively expand cultivation areas for durian and dragon fruit after prices for the fruits surged, instead they should focus on improving quality standards to boost exports to China. 

SSIT operator said it had consulted experts and the experts said SSIT would still be able to handle a vessel of 200,148 DWT as an excess of 875 DWT is minor.

According to the International Trade Centre (ITC), the leading plywood export markets included China ($5.89 billion); Indonesia ($2.51 billion); Russia ($1.9 billion); Brazil ($1.2 billion); and Việt Nam ($1.1 billion). 

The Vietnamese booth at the exhibition attracted a large number of visitors on the first day of the event.

In 2022, the company spent more than VNĐ3 trillion on marketing and promotion activities, increasing VNĐ870 billion compared to 2021 and double that of 2019.

Shares were volatile this week with up-and-down sessions intertwining amid rising investor caution about the market outlook.

Although significant challenges remain for the economic and investment environment in Việt Nam, there are still opportunities for investors to increase profits through investment channels if they know how to restructure their portfolio, experts have said.

Nguyễn Đăng Hùng, head of the Fintech Club Việt Nam under the Việt Nam Banks Association, speaks to the Vietnam News Agency about this development.