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WB, EU committed to sponsoring project of one million hectares

The World Bank (WB) and the European Union (EU) are committed to sponsoring the project of one million hectares of high-quality, low-carbon rice production associated with green growth in the Mekong Delta until 2030.

Support policies needed to develop green hydrogen in VN

The support policies for hydrogen development need to reduce risks to investors by including hydrogen in the national energy planning to create a legal framework and priority list for hydrogen development projects and related fields.

Farm exports expect breakthrough

Vietnam's export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.

VN rice sector works on 5 billion USD export target

Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.

Some banks recruit workers, others lay off thousands of officers

As many as 236,000 officers were working for commercial banks by the end of 2023, an increase of 6,400 officers over the year before, according to fourth-quarter financial reports from 27 listed banks.

Massive budget allocated for transport projects in 2024

Prime Minister Pham Minh Chinh has said the country will focus on transport projects this year, noting that most of the budget of VND657 trillion for public investments is for transport projects. The disbursement rate must be 95 percent, he said.

Experts urge new legal framework for innovative startups

The entire system of policies that impact research and development of innovative startups needs to be reexamined in a methodical and systematic way, experts say.

Vietnam spends US$1.43 billion on meat imports in 2023

Vietnam imported more than 716,000 tonnes of meat and meat products worth US$1.43 billion in 2023, according to the Import and Export Department under the Ministry of Industry and Trade.

Vietnam promotes development of green agriculture

Vietnam wants to promote the development of green agriculture to ensure sustainable growth and higher quality of products, especially export goods.

First trading session of Ho Chi Minh Stock Exchange opens after Tet holiday

The Ho Chi Minh Stock Exchange (HoSE) began its first trading session following the Tet (Lunar New Year) festival with a gong-beating ceremony on February 19, the 10th day of the lunar year.

Vietnamese construction firm wins bid for five projects in Kenya

The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth 72 million USD in Kenya.

US announces acceptance period for VN requests for antidumping duty review

The US Department of Commerce (DOC) has issued a notice regarding the acceptance period for requests for antidumping and countervailing duty administrative reviews regarding certain imported products from Vietnam.

Investors hold trillions of VND, await stock market boom

Cash in investors’ accounts is expected to be disbursed once the stock market heats up, analysts say.

Gov’t expects “rescue plan” for Vietnam Airlines in Feb

Several forecasts suggested that global air traffic will gradually recover, and the business activities of Vietnam Airlines are expected to yield more positive results in 2024-2025.

PM instructs action for VN stock market upgrade

Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.

Foreign exchange rate forecast to be under control in 2024

In 2024, production will gradually recover so imports will likely grow a bit faster than exports, but in general, the overall balance will still help Vietnam take the initiative to regulate the VND/USD exchange rates.

R&D, human resources important for Vietnam to climb value chain

Domestic enterprises are facing challenges as multinational enterprises have high requirements in technology, quality and optimisation, as well as reasonable cost, fast turnaround and delivery.

Vietnam's digital tech sector generates US$7.5 billion from overseas markets

Vietnam’s digital technology sector has achieved a significant milestone, with 1,500 enterprises generating US$7.5 billion in revenue from foreign markets, said Nguyen Manh Hung, Minister of Information and Communications.

Vietnam: bright spot in global economy

Vietnam has retained a positive spot in the global economy in 2023 despite the number of businesses leaving the market and the lower-than-expected growth rate for the third consecutive year.

Changes to Law on Credit Institutions reduce ownership limits in banks

Under the amended Law on Credit Institutions, effective from July 1, 2024, commercial banks in Việt Nam are required to reduce the ownership ratios of organisations, shareholders, and related parties.