Deputies questioned Minister of Industry and Trade Nguyen Hong Dien on the second day of the question and answer session of the sixth Session of the 15th-tenure National Assembly on November 7.

In the third quarter, nearly 6.5 million tonnes of steel were sold, up 6.3% year-on-year. Of the total, over 2 million tonnes were shipped abroad, representing a year-on-year surge of 70%.

Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.

Trans-border e-commerce has made great contributions to Vietnam’s export revenue, with a value of over 80 trillion VND (3.28 billion USD) in 2022.

Vietnam will remain the region’s fastest growing digital economy between 2023-2025, according to the 8th edition of the e-Conomy SEA Report published on November 7 by Google, Temasek and Bain & Company.

Equity investors and management authorities have great expectations for the National Assembly’s upcoming discussion, which should give the nod to policies for pilot implementation pertaining to funding Vietnam’s road system.

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.

In the last months of 2023, a lot of supporting industry giants have announced their strategies to penetrate the Vietnamese market, given the fact that the country has become a strategic destination in the global supply chain.

With a young population, a strong ability for digital transformation among consumers, and increasing digital consumption, Vietnam is anticipated to achieve digital economic growth of US$45 billion by 2025

Vietnam's first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (1.2 billion USD) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko.

The US Department of Commerce (DOC) has received a request for anti-dumping and anti-subsidy investigations on frozen warmwater shrimp imported from a number of countries, including Vietnam.

Deposit interest rates have dropped to a 3-year low, but deposits at banks have reached a record high. Some banks reported an increase of up to 150 percent in payments for deposit interest.

Minister of Finance Ho Duc Phoc says the 2 percent VAT cut will not be applied to some business fields, including securities, banking and finance, explaining that if it was applied to all fields, this would put pressure on the state budget.

The global semiconductor chip market is expected to record a CAGR of 7.1 per cent from 2023 to 2032.

Electricity prices must be market-based to encourage power savings and new investments in the energy sector, experts have said.

The Commission for the Management of State Capital at Enterprises is seeking approval for the scheme to reorganise the Vietnam Railway Corporation (VNR) by the year 2025.

The Ministry of Transport has freshly approved a project for developing waterway corridors and logistics in the southern region, which is worth nearly 3.9 trillion VND (163.34 million USD) funded by the World Bank (WB).

The Government has approved the allocation of VND15.5 trillion to support lending aimed at job creation and preserving existing employment opportunities.

The EU has released $23.6 million to the Vietnamese government in the framework of the EU - Viet Nam Sustainable Energy Transition Programme.

Analysts believe that the recent support news will improve market sentiment and boost the recovery of benchmark indices.