Vietnam News

As one of the world’s leading biopharmaceutical companies, the top priorities of MSD (known as Merck & Co., Inc., Rahway, N.J., USA in the United States and Canada) include access to health and environmental sustainability. Katharina Geppert, the newly appointed General Director of MSD Việt Nam talked with Việt Nam News about MSD's nearly three-decade presence in Việt Nam.

The price adjustment will see an increase of VNĐ50,000 per tonne for most companies, while The Vissai has set a smaller increase of VNĐ46,300 per tonne.

A trade promotion and business exchange workshop between Vietnamese and French enterprises was held in Paris on October 21 as part of the Vietnamese Goods Week in France.

The Việt Nam National Brand Programme is the Government’s long-term trade promotion programme to build the image of Việt Nam as a country that has high-quality goods and services.

Discussions focussed on the potential for renewable energy development in Việt Nam, as well as the mechanisms, policies, laws, regulations and standards aimed at achieving sustainable energy transition.

Hà Nội will organise various activities and events related to the Concentrated Promotion Programme in May, July, November and during national holidays in 2025.

The Trade Remedies Authority of Việt Nam has announced that the US Department of Commerce recently initiated an administrative review of the anti-dumping duty order on Vietnamese oil country tubular goods (OCTG).

Bitexco Group has sold its entire stake in Saigon Glory, developer of the luxury One Central HCM towers, to Eastern Hanoi Real Estate Company Limited to address bond debt obligations amid scrutiny from bondholders.

The Việt Nam Digital Industry and Trade Summit 2024 will take place in Hà Nội on November 21, aiming to help businesses with their digital transformation.

The US$3.5 billion mega-port of Chancay in Peru, set to be completed this year and expected to become a key logistics hub in Latin America, will open new opportunities for Việt Nam's logistics industry by enhancing maritime transport connections and facilitating trade between the two regions.

Việt Nam’s coffee exports exceeded the US$5 billion mark for the first time in the 2023-2024 crop year that lasted from October 1, 2023 to September 30, 2024.

To date, only 161 agricultural and forestry companies in Việt Nam have completed restructuring and reforms according to a government-approved plan.

Planning for nuclear power development will be synchronised with the overall electricity development plan to guarantee power supply security.

Việt Nam is currently among the top 10 countries with the highest e-commerce growth rate in the world with revenue reaching nearly VNĐ498.9 trillion (US$20.1 billion) in 2023.

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.

The Việt Nam Institute for Economic and Policy Research (VEPR) expects GDP growth in the fourth quarter of 2024 to reach 7.4 per cent, thereby reaching the 7 per cent target set by the Government.

Việt Nam wants to strengthen co-operation with the EU for green transformation, and views the bloc as an important partner.

Building an inclusive digital future, especially for vulnerable groups, is crucial for Việt Nam's path toward prosperity, equity, and sustainability amidst digital transformation, the Multilateral Forum (MSF) 2024 was told.

The central province has proposed hosting the first ever international Ngọc Linh ginseng (Panax vietnamensis, or Vietnamese ginseng) festival next year – an event to promote the national brand and investment opportunities for international partners in the central province.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,279.77 points, down by 5.69 points, or 0.44 per cent, its second consecutive trading day loss.