Việt Nam News

The HCM City Development Joint Stock Commercial Bank, or HDBank, is seeking shareholders' approval to issue convertible bonds worth US$500 million to international investors..

VinFast has announced the opening of its first Quebec store in Laval, Quebec at CF Carrefour Laval. This is the second of 8 stores and service centers that are set to open this year in Canada and is first store in Greater Montreal, the country's second largest city.

Việt Nam is Japan firms' most preferred destination thanks to its economic resilience with high growth potential on the basis of the diplomatic relations between the two countries

Việt Nam was becoming a destination for containers as the housing fees were among the cheapest in the world, with containers even stored for free.

Businesses have been struggling to maintain and support their workers as the Lunar New Year approaches.

Vietnamese businesses have been increasingly interested in taking advantage of the trade agreement, the largest of its kind signed by the South East Asian country in recent years.

In the first 11 months of 2022, the IIP was estimated to soar by 8.6 per cent on year, much higher than that of 4.2 per cent in the first 11 months of 2021.

The State Bank of Việt Nam (SBV) is collecting comments on its draft circular to deal with risks in the operation of cooperative credit institutions, including cooperative banks and People’s credit funds (PCF).

The 11-month export rose 11.8 per cent year-on-year to US$49.04 billion while imports increased 7 per cent to some $41.22 billion, resulting in a surplus of $7.82 billion, up 48 per cent year-on-year, MARD said. 

Pfizer Vietnam on Wednesday (November 30) received the Prime Minister’s Certificate of Merit for helping the country’s healthcare system combat COVID-19 last year.

The Vietnamese stock market settled lower on Thursday, ending its five-day gaining streak due to the slump of heavy-weight stocks.

Six new private sector partnerships have announced under the Australian Department of Foreign Affairs and Trade’s (DFAT’s) Business Partnerships Platform (BPP), will promote the growth of sustainable carbon markets that deliver significant social and environmental benefits to communities in Việt Nam.

A top HCM City official has warned about the challenges the city faces next year, and lowered its growth target for next year to 7.5-8 per cent. 

In the North Economic Zone (NEZ), Vĩnh Phúc Province is emerging as an attractive investment destination with a good infrastructure system and methodical development, according to Savills Việt Nam.

Vietnamese commodities have made up 90 per cent of the goods sold in retail outlets owned by domestic enterprises and 60-96 per cent of the foreign supermarkets in Việt Nam.

The One Commune, One Product (OCOP) programme has helped provinces not only promote production locally and increase their product presence in other cities across the country, but also boost exports.

Surmounting difficulties to boost economic recovery, Việt Nam is expected to post a foreign trade record of US$780 billion in 2022.

By 2023, the industry plans to reduce energy consumption by 15 per cent and water consumption by 20 per cent.