Việt Nam News

The difficult market, coupled with a sharp increase in loan interest expenses, made the profits of many agriculture enterprises go backward in the first quarter of 2023, with some large corporations even recording heavy losses.

The business combination values VinFast at an enterprise value of approximately US$27 billion and an equity value of US$23 billion.

Data from the State Bank of Vietnam (SBV) showed by the end of 2022, the charter capital of the whole banking system reached VNĐ876.99 trillion, up 13.04 per cent over the same period last year.

According to the Ministry of Planning and Investment (MPI), in the 2021-25 period, the region expects to be allocated VNĐ320 trillion (about US413.65 billion) of State capital for infrastructure projects, up 23.3 per cent over the 2016-20 period.

From January 1, it is mandatory for all vessels to initiate the collection of data for the reporting of their CII and CII ratings.

The economic zone covers an area of ​​about 27,108 hectares, with five main functional areas.

Vietnamese businesses still have a lot to do to realise the full export potential to Japan and South Korea, according to the Ministry of Industry and Trade (MoIT).

Even though measures to support the economy have not yet shown results, the market is still likely to react positively, said analysts.

The Government of Canada (GoC) is determined to promote Canadian food products on digital platforms, with the goal of introducing a wide range of high-quality products and enhancing awareness of Canadian food among Vietnamese consumers.

Prime Minister Phạm Minh Chính called on Boeing to offer incentives to Vietnam, at his reception for Brendan Nelson, Vice President of the Boeing Company and President of Boeing International, in Hà Nội on Friday.

VinFast announced the arrival of its second shipment of electric vehicles, consisting of nearly 2,000 VF 8 vehicles at the Port of Benicia in California.

The new facility marks a new milestone in the company’s “Feed-Farm-Food” model and underscores its unwavering commitment to sustainable development in the Vietnamese market.

The business combination values VinFast at an enterprise value of approximately US$27 billion and an equity value of $23 billion, not including cash from BSAQ’s approximately $169 million of cash in trust (assuming no Black Spade shareholders elect to have their Black Spade shares redeemed for cash as permitted).

The United Overseas Bank (UOB) rated the Việt Nam đồng as one of the most stable currencies in Asia, despite significant changes in the Fed's interest rate hike expectations as well as concerns about a global recession and instability of the US banking system.

China was no longer an easy market with import management measures being erected, urging enterprises to take action meet requirements from production to processing with the focus on ensuring quality stability to increase export to this market.

Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the South-eastern region to the State Bank of Vietnam.

The VinFast Trading and Service Limited Liability Company, a subsidiary automaker of Vietnamese conglomerate Vingroup, announced its business results on May 11 and revealed a total of 3,789 electric vehicles (EVs) were delivered to customers.

The increase may not have an immediate impact on prices of electric vehicles at the moment but will create an impetus for manufacturers to use energy more economically.