Vietnam News

Trade remedies help re-establish a healthy and fair competitive environment; prevent dumping and sales of subsidised goods into Việt Nam by exporting countries.

Banks could increase the credit ratio of individual customers in the third and fourth quarters of 2024, as the risk of lending to the individual customer group is decreasing.

In the first seven months of 2024, the volume of goods passing through Vietnamese seaports is estimated at 501.117 million tonnes, up 16 per cent over the same period in 2023.

The Ministry of Finance (MoF) is gathering feedback on the draft Law on State Capital Management and Investment in Enterprises through recent workshops and discussions.

For domestically produced goods, including those manufactured from imported raw materials or ingredients, there have been no regulations to determine whether items are 'products of Việt Nam' or 'Made in Việt Nam'.

Building on the strong momentum from last week's closing session, the market started the new week on a positive note, despite a notable drop in liquidity.

The signing of these protocols marks a pivotal advancement in the agricultural trade ties between the two countries, with profound implications for Việt Nam’s agricultural sector.

The rice-shrimp cultivation area in Thới Bình District, Cà Mau Province, has earned the Best Aquaculture Practices (BAP) certification from the Global Aquaculture Alliance (GAA), making it the first aquatic farming establishment in Việt Nam to receive this honour.

Deputy Prime Minister Lê Thành Long has approved a pilot project to set up smart border checkpoints on freight transport routes between Border Markers No.1119 – 1120 and No.1088/2 – 1089 at the Hữu Nghị Việt Nam) – Youyi Guan (China) International Border Gate.

Foreign direct investment (FDI) from China has continued to flow into Việt Nam, according to the Ministry of Planning and Investment.

The Plant Protection Department under the Ministry of Agriculture and Rural Development urged enterprises to strictly comply with the EU's quality regulations for agricultural products, as the bloc increases demands on several farm products from Việt Nam.

It is equal to an average daily profit of over VNĐ7.6 billion.

Global industry players will take part in the International Travel Expo HCM City (ITE HCMC) to take place in HCM City from September 5 to 7.

With an average room rate of VNĐ1.45 million (US$58), Đà Lạt has been named the destination in Việt Nam that has offered the most competitive room rates during the last two months.

Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the 0% interest rate for deposits made in US dollars, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists.

The total trade turnover in July exceeded US$70 billion for the first time, of which exports reached a record of over $36 billion, marking the month with the highest export value ever.

Starting August 1, 2024, three key laws - the 2024 Land Law, the amended Housing Law, and the amended Real Estate Business Law came into effect. These laws are expected to significantly boost the land, housing, and real estate markets by improving legal frameworks, removing obstacles, and better allocating resources for economic growth.

According to the Hà Nội Department of Agriculture and Rural Development, the city has 159 safe agricultural and food product chains

HCM City’s food and foodstuff sector is doing well in terms of exports, but has to heed the green production trend, experts have said.

Việt Nam is grappling with challenges in accelerating public spending as a result of the ongoing anti-corruption campaign, which has led to indecision and delays, experts warned.