Interest rates on the interbank market have been rising relentlessly, with the overnight interest ratebeing hiked five timesin less than a month.
Despite gains in the stock market, foreign investors still continued to flee away.
In Việt Nam, there are two schools of thought on measures to control the disease and sustain economic activities. It's important to seek a balancing point to minimise the risk and adverse impacts while allowing safe production.
A new master plan for seaports is needed to further boost the country’s socio-economic development in the rapid international integration process, experts have said.
Việt Nam saw a year on year increase of 30.3 per cent in agro, forestry and seafood product exports to US$22.83 billion in the first five months of 2021, reported the Ministry of Agriculture and Rural Development (MARD).
Bank stock prices have witnessed a dramatic increase since the end of March after plenty of banks announced positive first-quarter business results, as well as news on rising mergers and acquisitions (M&A).
A buoyant banking sector drove Vietnamese stocks higher on Monday, soothing the sentiment of skeptical traders during morning declines.
Masan Group Corporation and its affiliates have donated more than 12,000 cartons of products of food and nutritious drinks to support officials manning checkpoints at borders, hospitals and localities with COVID-19.
Vietnamese steel maker Hòa Phát Group on Monday announced that it has acquired the Roper Valley iron ore mine project in Australia.
The investment capital into Vietnamese start-ups this year would see a breakthrough despite a year-on-year decrease of 48 per cent in 2020 to reach US$451 million.
Dragon Capital's funds continued to sell millions of shares of DXG although the shares are in an upward trend.
The Government has approved supplementing capital of nearly VNĐ7 trillion (US$303.1 million) for Vietinbank (CTG) to maintain the State ownership rate at the bank.
The Government needs to allow companies to vaccinate staff at their own cost, members of the European Chamber of Commerce in Việt Nam (EuroCham) have said.
Experts have sounded the alarm about a new form of financial investment co-operation offering high interest rates, warning that investors could lose their capital in a rate trap.
Core inflation in May increased 0.15 per cent month on month and 1.13 per cent against the same period last year.
The two associations also agreed to assign units for contacting and supporting enterprises implementing investment cooperation.
Provinces and cities in the Cửu Long (Mekong) Delta have co-ordinated with relevant agencies and businesses to ensure the COVID-19 outbreak does not disrupt supply of essential goods or causes price hikes, and plan to carry out food safety inspections to ensure people can shop safely.
In May alone, Việt Nam’s exports valued at $26 billion, down 2.1 per cent over the previous month and up 35.6 per cent from the same period last year.