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No more electricity monopoly, EVN holds 37% of total system capacity

The Electricity of Vietnam Group (EVN) is no longer a major power producer as it has contributed only 11% of electricity to the national grid this year.

Vietnamese consumers becoming more concerned about personal, planetary health

Consumers are now actively considering the environment alongside their individual health when buying food, according to Tetra Pak’s Index 2023.

Six key commodities see exports down by over US$1 billion each

As of September, there have been six key Vietnamese commodities with export value enduring a decrease of at least US$1 billion each, according to the General Department of Vietnam Customs.

Central Vietnam tourism eyes growing tour links

The Central Vietnam Roadshow aims at expanding the potential international market and promoting the brand Amazing Central Vietnam Heritage in connection with tourism businesses from the region.

Resort real estate selling at loss because weak demand

Even when resort real estate owners sell properties at a ranging from hundreds of millions to billions dong, they still cannot find buyers. People hope that prices will go down further.

VN supporting industry: low quality, high price

The scale and capacity of Vietnamese supporting industry enterprises are still limited.

Vietnamese companies to raise salaries this year more than foreign firms

The overall salary increase this year is 7.9 per cent at local companies, 0.2 percentage points higher than last year.

Lower demand hurts airline industry's recovery

Slower recovery in international markets and lower demand in domestic air travel have been hindering the recovery of Vietnam's airline industry, said industry insiders and policymakers.

Many banks report profit growth in nine months

Many domestic banks have reported positive growth in profit in the third quarter and the first nine months of 2023 even amid the slow credit expansion and a downturn trend in profit of the whole banking sector.

Microchip designers can earn up to VND1.5 billion a year after tax

Labor experts believe that new graduates majoring in microchip design can earn VND220 million a year after tax, while veteran engineers can earn up to VND1.5 billion.

HCM City and London strengthen cooperation to build int'l financial centre

Developing an international financial centre in HCM City is one of the key projects in the strategic partnership between Việt Nam and the UK.

Regional planning gives push to central region development

The planning of the north central region and coastal central region in 2021-2030 is part of national master planning, demonstrating the orientation for national development plans in different sectors.

Vietnam’s foreign trade exceeds US$500 bln

As of October 15, Viet Nam’s total export and import value hit US$523 billion, figures of the General Department of Customs showed.

Cash flow to return after week of unexpectedly strong sales

Analysts believe that cash flow will return this week following signs of recovery late last week. However, individual investors are expected to be very cautious after witnessing the strong sales last week.

VN seeks to improve mechanisms for innovation, entrepreneurship support centres

Vietnam was studying to improve mechanisms for centres for innovation and entrepreneurship to create favourable conditions for the operation and development of start-up firms.

Going green critical for VN's fashion industry to tap opportunities

Going green is becoming vital for Việt Nam to tap opportunities arising from the UK – Việt Nam Free Trade Agreement (UKVFTA) to expand exports to the...

Ministry proposes orientations for EZs, IPs lawmaking

The Ministry of Planning and Investment has proposed orientations for building the Law on Economic Zones (EZs) and Industrial Parks (IPs) which would aim to promote innovation and encourage the development of new EZs and IPs models.

Hanoi average property prices almost double since 2018

The Hanoi real estate sector has seen dynamic activity in Q3/2023.

VN Government looks ahead to financial security via debt plan

Vietnam’s plan for borrowing and paying public debt for 2024 has been revealed, with public debt set to stay within the permissible limit and ensure the nation’s financial security.

EVN leaders face discipline over recent power outages

The Commission for the Management of State Capital at Enterprises (CMSE) has recommended reprimanding the leadership of Vietnam Electricity Group (EVN) for the power outages that hit northern Vietnam early in the summer this year.