Vietnam News

Deputy Prime Minister Hồ Đức Phớc held meetings with senior officials of Germany, representatives of the Climate Investment Funds, the Green Climate Fund, and the German Asia-Pacific Business Association to discuss key issues concerning climate change response, energy transition, and investment attraction during his visit to Germany.

The BCI score saw a notable increase, rising from 45.1 in the third quarter last year to 52 this quarter.

Việt Nam and Japan have paid special attention to implementation of international commitments and agreements on greenhouse gas emission reduction and global green transition, including the Japanese Government's initiative on an Asia Zero Emission Community (AZEC), the Deputy PM noted.

The event features local and foreign companies showcasing their handicraft products across 450-500 stalls and is expected to attract more than 12,000 visitors over four days.

Initiatives to greenise the economy should be encouraged, including developing renewable energy, green industrial zones and green hydrogen and ammonia.

The trade remedies authority has urged relevant businesses to review the preliminary findings carefully and submit comments as necessary within the specified deadlines.

Việt Nam will operate its carbon credit market on a trial basis during 2025-2028 without any sales to foreigners as well as regulations on credit exchanges with regional and global markets, heard a meeting in Hà Nội on October 7.

The nine-month IIP growth was driven by the manufacturing sector (up 9.8 per cent), electricity production and distribution (up 11.1 per cent) and water supply and waste-wastewater treatment (up 9.9 per cent). Meanwhile, the mining sector fell 6.4 per cent.

The number of profitable overseas investment projects rose to 64 in 2023, generating a total after-tax profit of US$690.4 million.

It holds a substantial 21.5 per cent share of the trading volume on MXV.

China is the biggest market for bird's nests but consumers are unaware of Vietnamese products, which can be more expensive than those from rival countries.

In the domestic market, there are 129 producers of raw materials but only 20 of them can provide high-end raw materials.

The mountainous province of Ninh Thuận has many natural advantages for producing and exporting high quality agricultural products to Korea, experts have said.

A survey by Việt Nam Report from July - August this year shows that 62.5 per cent of businesses expect the F&B industry to grow by 5-10 per cent this year.

In 2013, Manulife Vietnam, a leading life insurance company, and Techcombank, a leading commercial bank, entered the distribution partnership with the shared goal and commitment to offer the best possible products and services to meet the growing financial and insurance needs of customers.

The State Bank of Việt Nam is confident about reaching this year's credit growth target, as lending is expected to accelerate in the remaining months on the recovery of production and business, Deputy Governor of the State Bank of Việt Nam (SBV) Đào Minh Tú has said.

The engines are from two orders previously announced in 2016 and 2018 and the aircraft are scheduled to begin delivery in 2025, Vietjet said in a statement.

Demand for 50,000 dwellings remains unmet annually in HCM City, leading to pent-up demand, experts said.

State-owned Vietinbank in Phú Quốc is cutting the auction price of 10 land plots on Phú Quốc Island by 14 per cent, lowering the price to VNĐ26 billion (over US$1 million) from nearly VNĐ30 billion, in an effort to recover loans from a borrower.

Trần Lưu Quang, Chairman of the Party Central Committee's Economic Commission, received visiting Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), in Hà Nội on October 7.