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Rail transport market share shrinking

The VNR transported more than 1.7 million passengers and 1 million tonnes of goods in the first eight months of this year.

Land rental fees cut by 30% for 2023

Deputy Prime Minister Le Minh Khai has recently signed a Prime Minister decision regarding the reduction of land rental fees for 2023.

Vietnam to speed up US$59-billion high-speed train project

Upon completion, the rail link would significantly reduce travel time from Hanoi to Ho Chi Minh City to around six hours.

Dollar rise leads to different impacts on industries

The significant appreciation of the US dollar against the Vietnamese đồng has adversely affected many firms that import and borrow in the greenback, while firms that have foreign currency revenue from exports have benefited.

Over 8 percent of Vietnam's population investing in stocks

Eight percent of Vietnam’s population or 7.76 million people are now investing in stocks, according to Vietnam Securities Depository (VSD).

Farm produce prices reach record high, farmers bag high profits

Durian, rice and other farm produce such as sugarcane, coffee and sweet potatoes have seen prices rise to record highs.

Japan still among top foreign investors in Vietnam

Japanese investors have poured multi-billions of dollars into various business fields, from manufacturing and infrastructure development to retail and finance.

Real estate attracts 1.94 billion USD in FDI in nine months

Real estate attracted 1.94 billion USD in foreign direct investment (FDI) in the first nine months of this year, accounting for about 9.6% of total FDI to Vietnam in the period.

Vietnam affirms role in global LNG market

Vietnam is on the cusp of becoming a major player in the global liquefied natural gas (LNG) market, according to an article posted on the US website nasdaq.com on October 3.

VN targets 95 per cent of depositors to be fully insured by 2025

The Vietnamese Government aims to increase the ratio of fully insured depositors out of total insured depositors to 92-95 per cent by 2025 to align with international practices.

Korean firm Hana Micron to invest US$1 billion in Vietnam chip production

Hana Micron, a semiconductor company of the Republic of Korea (RoK), plans to pour US$1 billion into chip production in Vietnam by 2025, the latest in a wave of semiconductor investments flooding into the country.

5,000 workers go on strike against unsound policies at Nghe An firm

More than 5,000 workers from a leather shoe manufacturing company in central Nghe An Province have gone on strike to ask for pay rise and workload reduction.

Vietnam’s digital economy: great potential waiting to be exploited

Experts have pointed out that there are segments in the digital economy of Vietnam which could see a boom if they can receive appropriate investments.

Insurance premiums fall as bancassurance under tighter control

Insurers have reported a sharp fall in premiums in recent months, after man scandals related to bancassurance have been revealed.

UOB adjusts 2023 growth forecast for Vietnam

UOB has adjusted its full-year growth forecast for Vietnam to 5 per cent from 5.2 per cent previously.

Vacancy rate of offices in HCM City predicted to reach record in 12 years

The vacancy rate of offices in Ho Chi Minh City reached 18% in the third quarter of 2023, while rents decreased by between 0.2 -2.2% quarterly, according to Knight Frank Vietnam, a leading real estate consultancy.

Foreign packaging enterprises increase presense in VN via M&A

Multiple foreign enterprises have accquired large packaging companies in Việt Nam, with the ambition to expand their presence in the country.

1,000 websites infringing copyright of football broadcasts are blocked

From August 2022 to August 2023, nearly 1,000 websites illegally broadcasting football matches, including xoilac.1tiengruoi.link, xoivo4.com and coichua.net, were blocked, according to the Authority of Broadcasting and Electronic Information (ABEI).

Vietnam, EU, UK discuss implementation of energy transition partnership

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a working session with the EU delegation to Vietnam and the British Embassy in Hanoi on October 3 to discuss the implementation of the Just Energy Transition Partnership (JETP).

Hundreds of foreign investors to explore Vietnam's investment opportunities

More than 150 international investors attended the Investor Conference 2023 hosted by VinaCapital Group on October 3 in Ho Chi Minh City.