Việt Nam News

The Embassy of Italy to Việt Nam last week celebrated the one year anniversary of Italy’s nation-branding communication campaign promoting “Made in Italy” named beIT in 26 countries worldwide, including Việt Nam.

For the past five years, the domestic fishery sector has been working hard to catch up with international standards. Many fishing vessels have been equipped with high-tech monitoring devices to prevent illegal, unreported and undocumented fishing. All-out efforts are being made to develop a sustainable and responsible seafood industry.

Organised by INTECH Group, the two-day event will be a place for suppliers of products and services to display and demonstrate useful products and solutions for customers.

More than 62,000 SMEs choose to use the platform in the SMEdx programme, an average increase of 15 per cent monthly.

Though the State Bank of Việt Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VNĐ exchange rate and inflation.

The recent Government’s report submitted to the National Assembly revealed that the operation efficiency of SOEs was below expectation while the investment efficiency of SOEs was not as high as expected when the projects were approved.

Concerned businesses and associations have repeatedly suggested that the collection of seaport infrastructure fees for goods transported by inland waterways was unreasonable and not to the right subjects.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed the week at 1027.4 points.

In October, the country's total export and import value was estimated at $58.27 billion, up 0.1 per cent month on month and 5.7 per cent year on year, the GSO said on October 29.

A contributor to the CPI hike was higher petrol prices, which went up 36.01 per cent during the period, while gas prices fluctuated in line with changes in the global markets, up 15.35 per cent from a year earlier.

Việt Nam has been making all-out efforts to handle the EC’s recommendations in the best possible manner to develop a sustainable, responsible, and well-controlled seafood industry.

The global economic downturn and inflation, credit restrictions, limited supply of properties, and rising prices are major challenges for developers, Nguyễn Hồng Thắng, deputy director of R&D at DKRA Group, said.

The company plans to offer 608 million shares to rise its charter capital to VNĐ15 trillion, becoming the securities company with the largest charter capital in Việt Nam.

Southeast Asia’s top digital economies grew faster than expected in 2022 and are set to reach $200 billion in the total value of transactions made this year.

In HAGL's revenue structure, revenue from fruit accounted for the largest proportion, with a value of VNĐ577 billion, up 162 per cent on-year. Sales of pigs increased by nearly 200 per cent to VNĐ540 billion.

Althougth the disbursement of foreign money was high in the first 10 months of 2022, foreign invesments took a retreat on account of global uncertainties and stringent COVID-19 preventive measures.

The HCM City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to US$15 million by 2025 from a current $6.32 million.

The development of electric cars in Viet Nam will depend on three major pillars, including the legal framework, support policies from the Government and synchronous infrastructure