Vietnam News

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VNĐ21.07 quadrillion, an increase of 4.97 per cent compared to the end of 2023

Taiwan (China) initiated an anti-dumping investigation into cement and clinker originating or imported from Việt Nam, with the alleged dumping margin against Việt Nam being 16.99 per cent. 

Despite multiple challenges facing it, HCM City has set ambitious growth targets of 7-7.5 per cent this year and 8-8.5 per cent next year.

Many banks have issued large amounts of bonds to raise thousands of billions of Vietnamese đồng, pushing interest rates to around 8 per cent per year, much higher than that of normal savings.

The current state of the local car market is being significantly affected by a mix of traditional beliefs and policy uncertainties, according to experts.

The Việt Nam Pepper and Spice Association (VPSA) forecasts that pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.

The new system for information disclosure about firms listing on the stock exchange, became active on August 15.

The Ministries of Industry and Trade and of Finance have decided to increase the retail prices of petrol products, effective from 3pm on August 15.

Phuc Sinh Corp, a coffee and pepper producer and exporter of Vietnam with over 14 years of commitment to sustainable development, will receive a 25-million-USD loan from SAIL Investments’ Netherlands-based & Green Fund, for developing a sustainable coffee value chain without deforestation.

Seventeen banks in HCM City disbursed VNĐ306.4 trillion (US$12.2 billion) to 97,318 customers in the first seven months of this year through the city’s bank - business connection programme, the State Bank of Vietnam has said.

The tax contributions from the trio Vingroup, Thaco and Hoà Phát Group alone make up more than a third of the total contributions on the list.

Meanwhile, foreign capital continued to flow into the domestic market as foreign investors net-bought on both main exchanges.

A promotion week for Chi Lăng custard apples and Lạng Sơn Province’s farm produce opened on Thursday morning in Hà Nội to support the consumption and market expansion for these agricultural products.

The Commission for Management of State Capital at Enterprises (CMSC), in collaboration with the Việt Nam Trade Office in Canada and the Export Development Canada (EDC), organised a seminar in Toronto on Wednesday to connect the two countries’ businesses and seek cooperation opportunities in energy, production, and finance.

The Commission for Management of State Capital at Enterprises (CMSC), in collaboration with the Việt Nam Trade Office in Canada and the Export Development Canada (EDC), organised a seminar in Toronto on Wednesday to connect the two countries’ businesses and seek cooperation opportunities in energy, production, and finance.

According to the Department of Livestock, MARD, the total number of pigs nationwide is about 25.5 million, an increase of 2.9 per cent over the same period in 2023. 

The Civil Aviation Authority of Việt Nam has asked carriers to increase flights to meet the travel demand for the National Day of September 2.

It is expected that in the first quarter of 2025, VSIP will sign land lease contracts with the customers and complete investment procedures.

Amid the robust digital transformation in Việt Nam, information technology and creative industries have emerged as sectors with significant growth potential.

The northern port city of Hải Phòng has been a foreign investment magnet, hosting 967 FDI projects underway worth US$30.65 billion.