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Lâm Đồng builds transport infrastructure as foundation for growth

Two economic growth scenarios for 2023

The CIEM’s report "Việt Nam’s economy in 2022 and prospects for 2023" offers two scenarios for Vietnamese economic growth this year.

VinFast’s EVs grab international media’s attention at CES 2023

Driving, a renowned Canadian automobile news site, wrote that both the VF 6 and VF 7 are good-looking entrants that should generate a lot of interest as long as they are priced at the right level.

Apple, Samsung supplier BOE plans two new factories in Việt Nam

Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, has a plan to invest a substantial sum to build two factories in Việt Nam.

State Capital Investment Corporation’s profit rises 91 per cent

The State Capital Investment Corporation (SCIC) on Tuesday reported that its after-tax profit in 2022 reached over VNĐ6.83 trillion (US$291.5 million), 91 per cent higher than the yearly plan.

HoSE market capitalisation down VNĐ1.8 quadrillion in 2022

HoSE market capitalisation has declined by VNĐ1.79 quadrillion in 2022, instead of VNĐ5.8 million billion recorded at the end of 2021.

Domestic investors open 2.6 million accounts in 2022, more than last 6 years combined

Domestic individual investors opened nearly 2.6 million securities accounts in 2022, exceeding the total number of new accounts opened during the 6 years from 2016 to 2021 combined, according to data from the Việt Nam Securities Depository (VSD).

Việt Nam highly potential market for Korean firms

The RoK’s largest trade surplus in 2022 was with Việt Nam, at US$34.25 billion. It was the first year Việt Nam ranked No 1 in this regard, according to the RoK’s Ministry of Trade, Industry and Energy, cited by the Joongang Ilbo newspaper.

Government efforts help drive innovation in Việt Nam

Việt Nam has achieved results in innovation that outpace the country’s development for 12 consecutive years thanks to such efforts.

Collaboration key to solving global issues: AFF

Climate change is one of the long-term problems that beyond any the ability of any single country, therefore global cooperation is essential.

Legal gaps need to be fixed to promote circular economy

Nguyễn Thế Chinh, director of the Environmental Economic Policy Institute, talked to Vietnamnews reporter Lê Việt Dũng about the situation of circular economy in Việt Nam and the measures to accelerate the transition toward the notion.

Việt Nam posts all-time high auto imports in 2022

Việt Nam posted an all-time high import of automobiles with 173,467 units valued at US$3.84 billion last year, surpassing the previous record of about 160,000 units in 2021

Market experiences ups and downs with low liquidity

The market demonstrated volatility with ups and downs since early this week. The benchmark VN-Index rebounded 0.23 per cent to close Wednesday at 1,055.76 points after a brief decrease on Tuesday.

UKVFTA offers tariff-free access to Vietnamese market

Under UKVFTA, UK pharmaceutical companies enjoy lower tariffs, increased access to the public procurement market for pharmaceutical products, and enhanced protection of intellectual property rights in Việt Nam.

Bright outlook for livestock farming industry

Livestock farming firms would be riding high on the back of higher pork prices and growing meat demand in 2023.

Hà Nội sees strong recovery in serviced apartment market in Q4/2022

On the serviced apartment market, occupancy of 81 per cent rose by four percentage points quarter on quarter and 12 percentage points year on year. That has nearly reached the pre-COVID (or the quarter of 2019) figure at 82 per cent.

Kiên Giang aims to improve industrial production value by 8%

The industrial production value of Kiên Giang Province is more than VNĐ44.6 trillion last year, reaching 105.3 per cent of the plan, up 13.7 per cent compared to 2021.

Ministry calls for easing government control on fuel prices

MoIT also called for the fuel price cycle to be shortened from 10 days to 7 days, on Thursday every week (except for public holidays).

HCM City received US$6.8 billion in remittances last year

HCM City received US$6.8 billion in remittances last year, a slight decrease compared to 2021 but still accounting for 48% of foreign currency deposits at its credit institutions.

Banking industry difficulties forecast to continue in 2023: analysts

Under a report released recently, Viet Dragon Securities Company (VDSC)’s analysts said the interest income growth of the banking industry in 2023 will slow due to the impact of low credit growth and a decreasing net interest margin (NIM).