Việt Nam News

Prime Minister Phạm Minh Chính met with President and Chief Executive Officer of Murphy Oil Corporation Roger Jenkins in Washington D.C on May 13 afternoon (local time) as part of his trip to the US.

After a two-year slump due to COVID-19, the HCM City office for lease market is showing positive signs with demand increasing in all segments.

The cost of raw materials and transportation fees skyrocketed, causing the first-quarter profits of most steel companies to decline.

Big customers could buy electricity directly from the generators in a pilot programme to develop a mechanism for a direct power purchase agreement (DPPA).

Hà Nội's authority has halted processing all land partition applications of agricultural lands or lands made up of agricultural lands and non-residential lands in a move joined by other localities across the country to combat real-estate speculation and hoarding, said a recent memo by the capital city's authority to the department of natural resources and environment.

The tax authority is to clamp down on tax evasion by Vietnamese nationalities who generate income on international e-commerce and social media platforms, according to the head of the General Department of Taxation Cao Anh Tuấn.

The Ministry of Finance has called on HCM City to reconsider its collection of customs declaration fee from businesses.

Vietnamese Prime Minister Phạm Minh Chính and leaders of member states of the Association of Southeast Asian Nations (ASEAN) had a meeting with the US business community on May 12 (US time) within the framework of the ASEAN-US Special Summit.

The Ministry of Culture, Sports & Tourism (MoCST) and Saigon Beer - Alcohol - Beverage Corporation (SABECO) signed a cooperation agreement for 2022 based on Friday's shared objectives in the areas of Culture and the Arts, Tourism and Cuisine, and Sports.

Indices continued to fall sharply on Friday, with more than 260 stocks traded on main exchanges hitting floor prices. 

Pandora, a Danish jewellery manufacturer, will invest US$100 million in building a new facility in the Việt Nam Singapore Industrial Park (VSIP) in the southern province of Bình Dương, under a memorandum of understanding signed between two sides on Thursday.

Many Vietnamese are gaining a foothold in the Japanese market, proving popular among local consumers.

Cooperation activities between Việt Nam and the US continue to develop strongly in all fields, particularly in investment and finance, with businesses of the two countries playing a very important role, said Prime Minister Phạm Minh Chính.

Việt Nam's GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per cent in 2022 and likely over 5 per cent in 2023, said economists and policymakers during an economic forum organised by the Ministry of Planning and Investment in Hà Nội yesterday. 

Yên Bái aims to develop organic-certified supply chains of cinnamon in the province to keep up with the global demand for sustainable cinnamon products.

The retail prices of oil and petrol continued to rise from May 11 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.

The stock market finished lower on Thursday, reversing its previous course due to a strong sell-off with many large-cap stocks hitting floor prices. 

The IFC and the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a memorandum of understanding on May 11 to become strategic partners for helping small and medium enterprises scale up finance and participate in global supply chains, including high-tech agricultural chains.