Transport costs rise as fuel prices surge
The sharp rise in gasoline prices is pushing up transport costs and thus fares, bus operators said.
The sharp rise in gasoline prices is pushing up transport costs and thus fares, bus operators said.
Việt Nam’s benchmark VN-Index remained in positive territory on Thursday but divergence widened among blue chips while some investors sought to seek profits in small-cap shares.
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Việt Nam’s Information technology giant FPT and Sierra Leone signed a Memorandum of understanding to promote digital transformation and train human resources in digital transformation
There has been a significant increase in Japanese investment in Việt Nam’s non-manufacturing industries, such as retailing, education, healthcare, energy, finance and insurance, transport and real estate, according to a 2021 survey by the Japan External Trade Organisation (JETRO) of 700 Japanese FDI enterprises in Việt Nam.
In the face of rising domestic gasoline prices, many retail businesses have been making efforts to control the price of goods to ensure supply and stabilise the market.
Chairman of theViệt Nam Chamber of Commerce and Industry (VCCI) Phạm Tấn Công announced the economic and trade cooperation between Việt Nam and Sierra Leone recorded positive signs in a business forum in Hà Nội yesterday.
Shares rose for a second day this week but liquidity continued to decline, showing investor scepticism about the market outlook in the short term.
The HCM City administration should think twice about urbanising its outlying districts since that would only benefit property developers and not residents, experts said.
The rebound in consumption, strong export growth and public spending would be key factors in Việt Nam’s economic recovery this year, analysts said.