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Pham Nhat Quan Anh, the son of the Vietnamese first dollar billionaire recognized by Forbes, is deputy CEO of VinFast, a subsidiary of Vingroup specializing in manufacturing electric vehicles (EV).
The increasing demand for fresh food and e-commerce is serving as the main driving force of the domestic cold storage market - a niche segment of logistics to boom in the coming time.
As China is opening its market for some Vietnamese fruits, it will bring billions of dollars in exports next year and help Vietnam's fruit and vegetable industry to set new records.
Local store owners have found sales of decorations for this Christmas season unusually low as the economic slowdown takes a hit on consumer spending.
VN's fleet is grappling with significant challenges in adapting to these global environmental shifts, said industry insiders and experts.
Domestic gold prices kept skyrocketing on December 20 morning to pass the historic high, reaching 75.4 million VND (nearly 3,100 USD) per tael (1.2 ounces).
So far, as many as 13 LNG power projects have been given in-principal approval for investment. Among them, a total of five projects are in the process of implementation.
The Ministry of Industry and Trade (MOIT) has proposed transferring its responsibility for petroleum reserve management to the Ministry of Finance (MOF). But MOF says that only MOIT is in the position to undertake the work.
Vietnam enjoyed a trade surplus for the eighth consecutive year with US$26 billion over the past 11 months, three times higher than the figure recorded last year.
Vietnam ranked second in Asia-Pacific in the rate of consumers’ frequency of art performance attendance inside and outside the country in the January-December (41%), only after India (45%), according to the Green Shoots Radar report released by Visa.
Many Singaporean businesses and investors have given priority to Ho Chi Minh City in their operational expansion plans, especially in the fields of finance, trade and high technology.
Vietnam, together with China and some other Asian countries, is among the 20 countries with the fastest economic growth over the last 10 years, according to Yahoo Finance.
Businesses are facing the daunting task of repaying over VND20,000 billion worth of corporate bonds in the final month of this year, while also preparing to meet obligations worth hundreds of billions of dong next year.
In the event, speakers gave presentations on the development and operation of sustainable transportation infrastructure in both VN and Japan, with Japanese delegates giving more specific experiences on railway, as well as seaports and airports.
In Vietnam, AI (artificial intelligence) technology is mostly used for customer care services, especially in the banking sector and insurance.
Even in a difficult economic context, it is expected that purchasing power during this year’s Lunar New Year (Tet) could increase by over 10 per cent compared to the same period last year.
The number of share auctions in the Vietnamese stock market has reached its lowest level in the past 16 years, according to recent statistics from the Hanoi and HCM Stock Exchanges (HNX and HoSE).
World Bank (WB) experts have suggested several things that Vietnam should do to attract foreign investment in the stock market at the recent Inter-Agency Seminar on Unlocking the Potential of Vietnam’s Capital Markets.
Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".
Instead of setting floor levels, it would be better to let supply and demand determine e-commerce shipping fees, experts say.