Prime Minister Pham Minh Chinh has urged greater efforts to promote credit access, thus boosting corporate bond and real estate markets in a safe, healthy and sustainable fashion.

Vietnam’s fruit and vegetable exports have leapt to unprecedented highs, driven by the strong demand of China and the sector’s ongoing market diversification efforts.

The Ministry of Industry and Trade has suggested a three-month adjustment to the average price of electricity, instead of every six months as currently.

Transactions with a value of VNĐ400 million or more must be reported to the State Bank of Vietnam (SBV) from December 1, 2023, according to a new policy.

Infrastructure, planning and a market mechanism were among key issues that must be addressed in order to develop a market for liquefied natural gas (LNG) in Vietnam, heard participants at a conference on LNG on November 22 in Hanoi.

Proposals by Toyota and Ford about tax incentives have not received support from the Ministry of Finance (MOF) which says there are already many policies to support the domestic automobile assembling and manufacturing.

Vietnam saw just three IPO listings in the first 10 months of 2023, raising approximately $7 million.

Vietnamese airlines have enjoyed better business results on the back of the tourism sector’s strong recovery. However, high oil prices and fierce competition from foreign competitors are among the grave concerns for domestic carriers.

The Ministry of Finance has declined to support proposals put forth by Toyota and Ford to relax regulations and include certain auto parts in the list of items eligible for a 0% tax rate.

Do Anh Dung, chairman and general director of Tan Hoang Minh Group, has been officially charged in connection with an elaborate financial fraud scheme, purportedly involving the misappropriation of over VND8.6 trillion from 6,600 investors.

Though landlords have lowered rental and offer unprecedented preferences, many still cannot find tenants. Even retail premises in the central business districts remain idle.

Vietnamese and Danish officials, experts and enterprises in the agriculture and food sector shared experience and had dialogue on the application of technology and solutions in green agriculture and food production at a seminar held in HCM City.

According to details given, the project is estimated to have a total investment capital of about US$300 million and will be deployed in the Phu My 3 Industrial Park in the southern province of Ba Ria - Vung Tau.

The German Chamber of Commerce Abroad (AHK) in Vietnam on November 21 released its AHK World Business Outlook – Fall 2023, which highlights Vietnam as a promising investment destination for German businesses.

The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.

Garment and textile firms are urged to flexibly implement measures to bring into full play market opportunities and promote growth, so as to fulfil the set goal of over 40 billion USD in export revenue this year.

Vinh Hoan Seafood owned by ‘Seafood Queen’ Truong Thi Le Khanh has unexpectedly reported sharp profit decreases, while Minh Phu has reported losses though it had predicted exports to the US would increase.

HCMC is inviting Indian investors to participate in the city’s major schemes, including 12 metro and monorail projects and eight high-technology ventures.

The approval of the North-South high-speed railway project is expected by 2025 and construction on the priority routes of Hanoi - Vinh and HCM City - Nha Trang is expected to kick off prior to 2030.

Many large securities firms are upsizing their capital scale to compensate for asset risks and potential losses, and prepare for an expected market boom.