Việt Nam News

The State Bank of Việt Nam (SBV) has issued an official letter to credit institutions and foreign bank branches on information provision and coordination with tax administration agencies.

China Homelife, a specialised trade show for Chinese products, will be held for the first time in Việt Nam at the Saigon Exhibition and Convention Centre from August 29 to 31.

The HCM City Department of Industry and Trade has implemented measures to manage prices, supply and demand of goods in markets in a bid to keep inflation under control.

The Vietnam Maritime Administration is gathering comments on a proposed set of criteria for recognising green ports. 

The president of the Việt Nam Aviation Business Association (VABA) has proposed to adjust the ceiling fare for domestic airlines to promote the industry's recovery.

Việt Nam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Việt Nam recently introduced by the Ministry of Industry and Trade (MoIT).

The cashew industry should focus on markets which Việt Nam had signed trade deals with to take advantage of preferential tariffs and expand exports in the context of inflation, which pushed up prices of raw materials and forced people to tighten spending, according to the Việt Nam Cashew Association.

The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market.

Vietnamese shares are forecast to continue their upward trend this week as profit-taking pressure is cooling down significantly.

The Vietnamese medical devices market, which is growing annually at more than 18 per cent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the HCM City Medical Equipment Association.

HCM City’s office market has witnessed its first positive signs in the first half of this year since being affected by the COVID-19 pandemic for the previous two years, experts said.

Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.

Việt Nam’s domestic tourism market continues to record good growth, according to the National Administration of Tourism.

Even though the Vietnamese derivatives market has been operating for five years, it has few products. Therefore, it is necessary to create new products to increase the market’s appeal, said experts. 

The real estate market of Việt Nam showed signs of recovery in a more balanced development in the second quarter of this year, with increases in the number of successful transactions of apartments, houses and land, according to the report of the Ministry of Construction.

Vietnamese shares finished the week higher, ending several days of sell-offs with a rebound fueled by securities and steel stocks.

The Vietnamese Consulate General and Việt Nam Trade Office in Hong Kong (China) are introducing a variety of Vietnamese specialties at the Hong Kong Food Expo from August 11-15.