Việt Nam News

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.

Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Phạm Minh Chính announcing that Việt Nam gives high priority to sustainable energy development, according to the Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Phạm Tấn Công.

The central government views price controls of key commodities, such as petrol, steel, concrete, transport, livestock feed, food and medical equipment, as a top priority, said deputy Prime Minister Lê Minh Khái in a meeting with ministries and local authorities on Monday. 

The Government has called upon five ministries to help get to the bottom of a recent problem Vietnamese cashew nut exporters have been facing in the European market. 

Việt Nam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.

In Southeast Asia, nearly half (48 per cent) of small-and-medium-sized enterprises (SME) had to rely on friends and family for loans, according to a new report from the cloud banking platform Mambu.

Some 83.3 per cent of the 500 fastest-growing companies in Việt Nam (FAST500) are optimistic about the outlook and growth opportunities of the domestic market this year.