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WB projects Vietnam's economic growth to slow to 4.7% this year

Vietnam’s real economic growth is expected to slow to 4.7% this year before recovering to 5.5 % in 2024 and 6.0 % in 2025, according to Vietnam’s Macro and Poverty Outlook released by the World Bank on October 2.

Vietnam's position in Apple’s supply chain

Apple's 2022 global supplier list includes 25 suppliers that have set up factories in Vietnam.

Vietnam’s PMI falls slightly, new orders increase in September

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 49.7 in September, compared to 50.5 in August, despite the second successive monthly increase in new orders.

Vietnam develops smokeless vehicles, considers hydrogen fuel cell cars

Vietnam has vowed to develop green transport and reduce net greenhouse gas emissions to zero by 2050. In addition to shifting from internal combustion engine to electric vehicles, hydrogen cars are also an option for consideration.

Attracting hi-tech FDI is urgent task in new circumstances

Continuing to apply investment incentives to attract hi-tech foreign projects is necessary to help Vietnam attract large corporations.

Police seek victims of Van Thinh Phat Group in bond fraud case worth $1.24b

Police are seeking individuals who were victims of a bond fraud case involving property developer Van Thinh Phat, which involves the illegal issuance and trading of bonds worth over VND30 trillion (US$1.24 billion).

Australia helps Vietnam in airport planning

The Ministry of Transport approved adjustments to the project reviewing, evaluating and recommending the results of research on planning for international airports of Da Nang, Cam Ranh and Phu Quoc for the 2021-2030 period.

Central bank withdraws money from circulation, investors still optimistic

While investors are excited about bright economic prospects, stock prices have suddenly dropped amid continued dollar price increases and the central bank’s move of withdrawing money from circulation.

VN initiates anti-dumping investigation wind towers imported from China

The Ministry of Industry and Trade has issued Decision No 2494/QĐ-BCT to initiate an anti-dumping investigation on wind towers imported from China.

Vietnam promotes negotiations of FTA with MERCOSUR

Vietnam is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (MERCOSUR), which is expected to be a driving force for Vietnam to tap the Latin American market.

Vietnam’s overseas investment up 4.6% during nine months

Vietnam’s overseas investment approximated 416.8 million USD during the first nine months of 2023, rising 4.6% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam’s shipping industry facing major investments

The shipping industry is facing major investments and solutions are needed to promote the potential and advantages of a maritime nation.

VND90 trillion withdrawn from banking system

The State Bank of Vietnam (SBV) has withdrawn nearly VND90 trillion from the banking system through six consecutive rounds of Treasury bill auctions.

Vietnam maintains FTSE Russell watchlist status for potential market upgrade

FTSE Russell, a global provider of benchmarks, analytics, and data solutions, has retained Vietnam on its watchlist as a frontier market, with a review scheduled for March next year.

Vietnam’s commercial real estate remains competitive

Hanoi and HCM City continue to attract investors thanks to the competitive rental costs for offices and high-end retail spaces, accompanied by a high occupancy rate in the region, according to Savills Vietnam.

Tycoons’ stock assets plummet, technology billionaire returns to top 10

While many businesspeople are seeing their stock assets decrease sharply, Truong Gia Binh, a technology billionaire, is reaping fruit.

Japanese investors pump $732 million into Hung Yen

Fourteen Japanese businesses have registered to invest US$732 million in northern Hung Yen Province's industrial parks.

VN needs appropriate deposit level for property auctions

An appropriate deposit level for property auctions is critical to prevent price inflation and speculation, experts have said.

VN aims to develop a robust semiconductor industry

Vietnam is in a prime position to develop a robust semiconductor industry, heard participants at the Vietnam Business Summit 2023 on Friday in Hanoi.

Up to 116,300 enterprises established in nine months: GSO

As many as 116,300 enterprises registered for establishment, up 3.1% year on year, with combined registered capital of 1,086.8 trillion VND, down 14.6% year on year, in the first nine months of 2023.