Việt Nam News

Việt Nam's leather and footwear enterprises face many challenges in the remaining five months of 2022, especially the lack of market information, according to the Việt Nam Leather, Footwear and Handbag Association (Lefaso).

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index started off the afternoon under the baseline. It moved up and down and reached just above the baseline at about 2:30pm. 

Amid the central bank’s tight money policy and with the bond market screeching to a halt, many real estate companies thus find themselves cut off from sources of funds.

Since its inception in 2021, the German Desk has achieved successes in establishing networks and relationships with German and European businesses and promoting investment and trade ties between German and European businesses and their Vietnamese counterparts.

Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the norms and are expected to complete the work soon.

The Cửu Long (Mekong) Delta province of Đồng Tháp will focus more on developing its border economic zone’s infrastructure with Cambodia to help it reach its economic potential, local authorities said.

The capital scale of securities companies has grown robustly in the past 2 years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.

Vietnamese businesses are advised to better exploit the UK-Việt Nam Free Trade Agreement (UKVFTA) to build and develop their brands to expand presence in the UK market amid stiffer competition driven by the “Global Britain” policy.

Việt Nam's export value of agro, forestry, aquatic products in the first eight months of the year hit about US$36.3 billion, a year-on-year rise of 13.1 per cent, according to the Ministry of Agriculture and Rural Development (MARD).

Attracting large capital for urban development is essential for Phú Quốc City, which houses Phú Quốc Island – Việt Nam's largest off the southern province of Kiên Giang, serving its diverse and sustainable growth after years of investing in the entertainment-resort tourism industry.

It is unlikely to make a deep correction this week, but can continue to accumulate on a new price base, according to expert. 

A conference to promote cooperation between six Vietnamese localities and four southern provinces of Laos has been held in Pakse, the Lao province of Champasak.

In the open period of 2022, the city is recovering by focusing more on branded tourist real estate projects. Moreover, Đà Nẵng continues to develop smart urban areas with the ambition to put the city into the map of a high-class living and resort urban area.

HCM City topped the country in foreign direct investment (FDI) attraction in the first eight months of 2022, accounting for 16.1 per cent of the national figure, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Even though there are requirements needed to meet, Vietnamese pineapple products have seen huge potential in European market, including the United Kingdom.

Vietjet on September 1 resumed the direct service between Việt Nam's southern metropolis HCM City and Thailand’s northern largest city Chiang Mai.

Retail petroleum businesses have asked to stop contributing to the petrol price stabilisation fund, increasing the commission to reduce losses and permanently withdrawing the license of unprofitable retailers.

Sóc Trăng is focusing on helping farmers sell their produce on e-commerce platforms and developing the rural digital economy, Nguyễn Minh Chiến, deputy director of the province Department of Information and Communication, said.