business news

Update news business news

Game industry needs extra time to further develop

The game industry in Vietnam is considered lucrative, but it is facing a number of difficulties that need to be addressed at the soonest in order to level up to its full potential.

Property market shows positive signs but challenges remain

In a recent report by the VNREA, there have been upticks in supply and demand, the return and recovery of many businesses and projects across the country, and an increase in property transactions in recent weeks.

Vegetable, fruit exports reach record high, but face technical barriers

Developed economies which import carrots, litchis and other fruits from Vietnam have imposed non-tariff barriers that have caused difficulties for Vietnam’s fruits to penetrate the markets.

84% of online buyers in Vietnam worry about product quality

Many people are practicing thrift by shopping online, but 84 percent of online buyers in Vietnam worry about product quality.

Digital technology solution to fight smuggled, counterfeit goods

The application of digital technology into the process of buying and selling goods is believed to become a "lifesaver" for Vietnamese businesses in the fight against smuggling, trade fraud, production and trading of counterfeit and substandard goods.

EVN has new general director

Nguyen Anh Tuan, chairman of EVNHANOI, a subsidiary of Vietnam Electricity Group (EVN), has been picked as general director of EVN for a five-year term, replacing Tran Dinh Nhan.

Global minimum tax: opportunities and challenges

Vietnam, which has been integrating deeply into the world economy, has no other choice than to apply the global minimum tax.

Foreign investors register 2.87 billion USD in Vietnam’s realty market

Some 2.87 billion USD in foreign direct investment (FDI) was registered in the Vietnamese property market during January-November, a year-on-year fall of 31.4%.

Vietnam’s PMI drops to lowest level in five months: S&P Global

Vietnam's Manufacturing Purchasing Managers' Index (PMI) dropped to a five-month low of 47.3 in November from 49.6 in October, according to international independent credit rating data source and index provider Standard & Poor’s Global (S&P Global).

Binh Duong to host 2023 Horasis Asia Meeting

The 2023 Horasis Asia Meeting will take place in the southern province of Binh Duong from December 3-5, heard a press conference on December 1.

Dien Bien Airport to open on December.2

All construction items of the project expanding Dien Bien Airport are completed for opening on December 2.

First International Rice Festival to be held in Vietnam this December

The first International Rice Festival will be held in the Mekong Delta province of Hau Giang from December 11 to 15, aiming to turn Vietnam into a high-quality rice producer in a green and sustainable direction.

Vietnamese e-commerce services likely to reach US$20.5 billion this year

Vietnam’s e-commerce services have grown considerably at between 16% and 30% annually over the past few years, with market size likely to hit US$20.5 billion this year, according to the Ministry of Industry and Trade (MoIT).

Ministry vows to stop transfer pricing, businesses worry about capitalization

The regulations on fighting transfer pricing and preventing thin capitalization are not expected to have a big impact on foreign-invested enterprises. But it will cause difficulties for Vietnamese-owned enterprises.

Allocating 107,000 tonnes of sugar to 8 importing enterprises

One-hundred and seven thousand tonnes of sugar were assigned to eight traders.

HCM City lures over 3 billion USD in FDI in 11 months

Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.

Vietnamese, Chinese firms seal 21 deals across sectors

Vietnamese firms and their Chinese peers inked 21 agreements and economic contracts in agro-forestry-fishery import and export, trade, logistics, and high-tech agriculture at a November 30 business networking forum held in Quang Ninh.

Investor of 5.82-trillion-VND Quang Tri airport named

The Quang Tri People's Committee has recently issued a decision approving the selection of the investor for a Public-Private Partnership (PPP) airport construction project worth over 5.82 trillion VND (239.408 million USD).

Vietnam wins world’s best rice title for second time

Vietnam's Ong Cua ST25 rice has won the first prize at the World’s Best Rice 2023 competition, within the framework of the 2023 International World Rice Conference Summit in Cebu, Philippines from November 28-30.

Ministry reports difficulties in next-generation FTA implementation

The Ministry of Industry and Trade (MOIT) has submitted to the government a report about problems related to implementation of next-generation free trade agreements (FTAs).