Vietnam News

The Vietnamese stock market displayed cautious behaviour despite positive global market trends over the past week.

Việt Nam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9 per cent over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

The PTSC contract is valued at approximately $550 million, following the Letter of Limited Authorisation (LLOA) signed in October 2023.

They also offer preferential credit packages to reduce financial pressure for individual and business customers.

The Prime Minister also asked local authorities to repair houses, schools, and hospitals, remove uprooted trees from roads, ensure electricity and water supplies, and maintain telecommunication services for the people.

India's Ministry of Finance has just issued an order to impose a tax of 12-30 per cent on some steel products imported from China and Việt Nam.

A report of the Ministry of Industry and Trade (MoIT) shows that the number of enterprises in the supporting industry sector accounts for only about 4.5 per cent of the total number of companies in the manufacturing and processing industry.

The establishment of a centre for raw materials to support the textile, leather and footwear industries will help meet new demands from importing countries, focusing on sustainability in production and social responsibility.

Semiconductor requires a unique strategy, a grand vision, unwavering determination, resilience, and acceptance of risk

Car sales in August by members of the Vietnam Automobile Manufacturers’ Association (VAMA) fell by 13% from the previous month to 25,196 units, VAMA announced on September 13.

Prime Minister Phạm Minh Chính has urged the ASEAN Business Advisory Council (ASEAN BAC) to work together with the governments and people of ASEAN countries in key works for further economic development.

Technological solutions include barcodes and electronic labelling, which are tools for manufacturers to monitor product quality and trace origin.

Rents for prime spaces in Hà Nội’s central areas stand at a competitive US$96.4 per square metre.

Việt Nam consistently supports a multilateral trade system, with the World Trade Organisation (WTO) at its core, Minister-Counsellor, Deputy Permanent Representative of Việt Nam to the WTO Lê Đình Bá has said.

The shareholder list closure date and payment are scheduled for September and October.

On the southern bourse, market breadth was negative with 147 stocks declining, 142 advancing, and 67 remaining unchanged.

The Ministry of Finance will inspect four non-life insurance companies in 2024 to ensure adherence to mandatory motor vehicle insurance regulations.

A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of US$732 billion set in 2022.

More than 60 meetings were arranged between South Korean companies from the Free Trade Zone and Vietnamese importers in a trade promotion meeting taking place this week.