Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

HEINEKEN Việt Nam: Sustainability fuels high-quality growth

Investors make decisions on different investment channels

Entering 2023, investors are choosing investment channels that bring high profitability amid the current financial market where there are many unprecedented risks.

First batch of Cao Phong orange shipped to UK

Orange grown in Cao Phong District is a famous specialty of Hòa Bình province. It is said to have a wonderful smell and a sweet tender taste combined with its beautiful colour.

VCCI calls for fewer inspections for vehicle energy consumption

There should be a limit on the number of inspections performed a year for manufacturers of electric and hybrid cars and motorbikes, said the Vietnam Chamber of Commerce and Industry (VCCI).

HCM City establish the first Food and Beverage Association

The HCM City government has set up a Food and Beverage Association to explore, preserve and develop Vietnamese cuisine and showcase it both domestically and to the outside world.

Indices set the first weekly gain of 2023

The index reversed the bullish trend set since the beginning of the year as selling pressure rose due to risk-off sentiment ahead of Tết.

Personal financial planning crucial to economic development

GDP growth must be accompanied by personal financial development, economic experts said at a seminar on Thursday.

'Zero-đồng minimart' programme launched to support the needy ahead of Tết

The programme, which aims to serve 20,000 needy residents with a total cost of over VNĐ10 billion (US$425,803), is running until Sunday in District 1, Phú Nhuận, Bình Tân, and Hóc Môn districts, and Thủ Đức City.

Việt Nam’s 500 largest enterprises in 2022 announced

In 2022, Việt Nam was a bright spot in the region's economy, with GDP growth of 8.02 per cent, but businesses in the VNR500 saw worse performance than in 2021.

Starbucks commits to expanding in Việt Nam with 100th-store plan

Starbucks is committed to expanding further in Việt Nam with its plan of opening the 100th store by the end of the second quarter this year

Kiên Giang looks to attract projects worth $182 million

The province also strives to disbursing capital out of budget to implement projects at about VNĐ24 trillion.

Companies’ profit growth may cool down but market sees potential

The profit growth of listed companies is forecast to cool down in 2023 but experts say there are still many positive factors to support the market in the near future.

Vietnamese shrimp exporters see profits in 2022 thanks to FTAs

FTA-induced tariff advantages had been fully exploited to boost sales, filling the gap left by the weakening demand in other countries.

Booming e-commerce sales provides opportunity for cooperatives

According to the Ministry of Industry and Trade, made-in-Việt Nam goods accounted for more than 90 per cent of products on shelves of domestic distribution companies and 60-95 per cent of foreign supermarket chains.

Việt Nam’s money supply forecast to rebound in 2023

After hitting a record low in 2022, Việt Nam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.

Non-cash payment through NAPAS doubled in 2022

The number of non-cash payment transactions through the National Payment Corporation of Việt Nam (NAPAS) was increased nearly double in 2022 compared to the previous year.

Market extends gains for third straight session

The VN-Index had gained a total of nearly 49 points in the last three sessions.

Tough year expected for banks in 2023

With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023.

MobiFone restores service in HCM City after outage for several hours

After a large-scale network failure in some areas of HCM City, MobiFone restored service at about 10 pm on January 4.

Overcapacity contributed to low inflation rate last year

Economist Nguyễn Minh Phong forecasted that interest rates in Việt Nam would not fall until the second half of 2023. He also said keeping interest rates high might be a double-edged sword for the economy.

Vietnamese real estate has mixed outcomes but positive outlook

Vietnamese real estate began to decline in the late months of 2022 as a result of a change in the governmental stance on bank credits and corporate bonds.