In recent years, dollarisation and goldenisation have been strictly controlled in the country, which has helped to stabilise the Vietnamese đồng and fight inflation.
The southern province of Bà Rịa-Vũng Tàu is building infrastructure in its industrial parks and ports to attract investors.
Inflation has risen rapidly in many parts of the world. Though Việt Nam has a lower rate of inflation compared to most of its neighbours, businesses here are struggling with the rising costs of goods and products. The government has issued a number of fiscal and monetary policies to curb inflation as it set the target to maintain the consumer price index at under 4 per cent this year.
Vietnamese firms accounted for 27 per cent of Information and Communications Technology (ICT) industry's earnings in 2022, a 2.35 per cent increase from the previous year, according to a report by the Ministry of Information and Telecommunications (MIT).
Strong buys by foreign traders failed to rescue the VN-Index from another fall on Tuesday, with the benchmark giving up 1.47 per cent to close at 1,023.13 points.
The Prime Minister asked the financial sector to focus on perfecting the legal framework, strengthening the supervision over the securities and corporate bond markets and striving to upgrade the stock market.
The project under the circular economy model is piloted by Agriculture Index Joint Stock Company from the beginning of this month.
Indonesia is a promising market for Vietnamese products, especially those with Halal certification, a bilateral business matching event heard in HCM City on December 19.
Work on construction of a bauxite-alumina mining industrial complex, one of Việt Nam’s largest projects in Lao, began in Dakcheung District, the southern Lao province of Sekong, on Monday.
Vietnamese small and medium enterprises (SMEs) have many digital export opportunities when Việt Nam becomes a new global production area.
Sustainable agriculture, renewable energy, new materials, and new therapies in cancer treatment were the main topics of a symposium in Hà Nội on December 19.
Following two years of low sales during Tết (the Lunar New Year), things are expected to look up for the fast moving consumer goods industry this time around since the Vietnamese economy has recovered and consumers have a positive outlook on economic prospects, according to market research company Kantar Worldpanel Vietnam
The proportion of Japanese enterprises that intend to expand their investment in Việt Nam in the next one to two years is 60 per cent, up 4.7 points from the previous year and the highest among Southeast Asian countries.
Overall, the disbursement of public investment was 58.33 per cent as of the end of November, leaving a huge workload for the remaining days of this year.
As enterprises in the supporting industry continue to foster their production and improve technology in order to make breakthroughs in the recovered market, they need more skilled labour.
Việt Nam is joining the “Golden Triangle of Start-ups” in Southeast Asia with its strong, young domestic market, tremendous tech talent and continuous innovation which is expected to open up growth opportunities for the region in the near future.
The benchmark index was under stronger selling force pressure, with many pillar stocks reporting great losses.
Foreign investors have net bought for the sixth consecutive week on the Vietnamese stock market.
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