Việt Nam News

The real estate market in HCM City is witnessing a slowdown at year-end as investors’ confidence in the market declines, while there are other investment channels like stocks or gold to consider. With a decrease in new apartment supplies due to legal issues and investors’ reluctance to join the market, the prospects for HCM City’s realty market remain gloomy.

Homemade liquor accounts for 70 per cent of unofficial alcoholic drinks, causing an annual loss of US$751 million to the State Budget.

Totally in the 11-month period, finished steel production saw a yearly decline of 11.3 per cent to 27.12 million tonnes. Sales of finished steel also plunged 7 per cent year-on-year to 25.1 million tonnes, according to the report.

The Academy of Policy and Development (APD), under the Ministry of Planning and Investment (MPI)  released the 2021 Provincial Sustainable Development Index (PSDI) for cities and provinces across the country on Wednesday, as well as a number of recommendations to help them stay on-course in the coming years.

Stronger government support and operating environment have helped Vietnamese banks gain positive momentum, according to Fitch Ratings.

Bách Hóa Xanh (a member of Mobile World Group) and MoMo have announced a strategic cooperation that turns the later into the first e-wallet to be accepted as a payment method at Bách Hóa Xanh stores.

These are bonds maturity this month respectively issued by Vinfast Trading And Production JSC and advised by TCBS.

Many investment funds recorded large losses in 2022, but they are restructuring their portfolios, expecting long-term opportunities.

The market's benchmark also lost support from the foreign force as international investors ended the long streak of net buying on the southern exchange.

VinFast celebrated the arrival of the first 999 electric vehicles into the United States on Monday as the Silver Queen Ocean vessel docked at the Port of Benicia in California. The company has also received all the necessary certifications to sell cars in the US, and will begin delivering vehicles to customers by the end of this month.

With just around five flying hours, travelers from the two nations can easily reach their favourite destinations for leisure, studying, business, visiting relatives at affordable fares, especially during the year-end festivals and Lunar New Year of 2023, Vietjet said in a statement. 

Following the establishment, STIEBEL ELTRON introduces its six flagship product lines to local customers, including instantaneous water heater, multi point water heater, storage water heater, heat pump, water filter and room heater. 

To stay competitive and ensure the marketability of their products, firms need to switch to packaging that meets sustainability requirements and is easily recyclable as more and more consumers become aware of environment safety, a conference heard in HCM City on December 22.

The southern coastal province of Bà Rịa - Vũng Tàu has set out its 2023 socio-economic development targets for improving its investment attraction capacity.

With just a few days to Christmas, decorations are being sold on the streets of Hà Nội, but fewer people seem to be buying this holiday season.

To sustain its position as the world’s largest producer and exporter of black pepper, Việt Nam’s pepper sector needs to focus more on improving product quality, strictly conforming to socio-economic and environmentally sustainable production criteria, and developing more value-added products for export, speakers told a seminar in HCM City on December 21.

More Vietnamese products have been targeted by trade defence mechanisms and barriers as the country entered numerous free trade agreements and integrate further into the global economy, said policymakers and industry experts during an online conference yesterday in Hà Nội.

Oil businesses with strong financial health benefitting from the current high oil prices will be the appropriate choices for investors’ portfolio in the current volatile market context.