- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news business news
The Vietnamese economy will grow by 6% this year with the strength of the national economy coming from a combination of consumer and investment spending, according to the 2024 Investment Outlook report for the first half of the year released by HBSC.
The prices of farm produce climbed to new high in 2023. Tens of thousands of durian farmers have become dong billionaires, while the incomes of rice and coffee farmers increased by twofold.
About 6,000-7,000 pigs are being transported across the border daily, threatening domestic farmers' livelihoods.
As many as 161 merchants had been granted certificates of eligibility for exporting rice as of January 22, decreasing from mid-2023, reported the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
According to the Asia House Annual Outlook 2024, Vietnam's economy is likely to continue to outperform its regional neighbours through 2024.
The scenario in which the US Federal Reserve lowers interest rates will also stimulate cash flow from the currency market back into international capital markets.
Thailand surpassed Indonesia last year to become Vietnam’s largest car exporter with imports from the country accounting for 45 percent in quantity and 40.5 percent in value.
The future of the labour market is still difficult to predict, and experts do not agree on its ability to recover in the short term.
The Ministry of Transport (MOT) has been allocated huge capital of VND57 trillion for this year. MOT Minister Nguyen Van Thang has urged units to speed up disbursement to fulfill the tasks.
Ho Chi Minh City is trying to bring a breath of fresh air to local industrial parks (IPs) and export processing zones (EPZs) with a view to attracting more foreign investment.
Vietnam’s Mobile World Investment Corporation (MWG) opened the 50th store of EraBlue – its joint venture with Indonesia’s leading technology retail provider Erafone – in Tangerang, Indonesia on January 23.
The Ministry of Planning and Investment (MPI) and the Asian Development Bank (ADB) on January 23 launched the first-ever study on women-owned small- and medium-sized enterprises (SMEs) in Vietnam.
With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.
While the shift to the hospital channel brought fruitful results for major pharma players in Vietnam in 2023, competition is forecast to heat up in the future.
Reasonable policies on railway mechanical engineering localization could offer great opportunities to Vietnamese companies.
If the stock market is upgraded to emerging status, the potential influx of foreign capital could range between $5 and $8 billion.
HCM City authorities are planning to submit to the Politburo a plan on developing Vietnam’s first international financial center in the city, according to HCM City Mayor Phan Van Mai.
Thanks to the government’s attempt to influence the economy plus decreasing bank interest rates, the corporate bond market has gradually recovered.
A moderate exchange rate movement is forecast for this year.
New supply in the industrial real estate market in HCM City and neighboring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tết (Lunar New Year).