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Vietnam discusses plans to establish international financial centres

By establishing an international financial centre, Vietnam aims to create a distinct institutional area to attract international financial investors.

Vietnam – a destination of pioneering industries

Vietnam has a prime opportunity to lead in attracting technological "eagles."

Vietnam’s seaports have rare opportunities

Seaport congestion in Singapore is affecting the global supply chain, forcing many shipping lines to open new routes to other ports in the region. This is a rare opportunity for Vietnamese seaports to attract more shipping lines around the world.

US postpones decision on Vietnam’s market economy status

The decision on Vietnam’s market economy status, a move that could boost the country’s exports, is now expected to be announced on August 2.

AI set to drive growth in Vietnam's digital economy

Vietnam's digital economy is projected to grow 11-fold by 2030, reaching 220 billion USD, nearly half of the country's current gross domestic product (GDP).

Mass resignations hit major real estate firms in Vietnam

A series of high-profile resignations from top executives in the real estate sector has raised questions about the stability and future direction of these companies.

Rice exports to set record turnover of 5 billion USD in 2024

Rice exports could bring in a record turnover of 5 billion USD this year if the pace of shipment is maintained like at present, according to Vu Tuan Anh, CEO of GLE company, a rice exporter.

Vietnam steps up efforts to increase localisation rate in industrial production

With significant strides in mechanical engineering, particularly in agriculture, Vietnam is now working to increase the localisation rate in industrial production.

Auto industry struggles: Weak demand leaves VN car market in the doldrums

Despite numerous efforts to stimulate consumer demand, Vietnam's auto market continues to grapple with weak sales and persistent challenges.

HCM City to adjust land prices, highest rate reaches US$32,000/m2

If being approved, HCMC will implement new land prices from August 1, with the highest rate reaching VND810 million ($32,000)/sq.m. This adjustment, lasting until the end of the year, affects various key areas, including major streets in District 1.

Thailand becomes top growth market for Vietnamese fruits and vegetables

In a surprising trend, Thailand, a nation known for its robust agricultural sector, has nearly doubled its expenditure on Vietnamese fruits and vegetables in the first half of this year.

Indonesia licenses certificates of lobster cultivation for three VN companies

Three out of the five Vietnamese businesses, which have formed limited liability companies in Indonesia, have been verified and received certificates of lobster cultivation from the Directorate General of Aquaculture.

Korean financial firms prosper in Vietnam

A growing number of financial companies of the Republic of Korea (RoK) are showing signs of extended profit in Vietnam after years of a downturn brought on by the COVID-19 pandemic, market watchers have said.

Former FLC Chairman asserts ownership of $197.5 million in frozen assets

Former FLC Group Chairman Trinh Van Quyet, once the wealthiest man on the Vietnamese stock exchange, has declared that his personal assets, now frozen, are worth approximately 5,000 billion VND (over $197.5 million).

HSBC raises Vietnam's GDP growth forecast to 6.5%

HSBC has raised its forecast for Vietnam's GDP growth this year to 6.5%, as compared with the previous projection of 6%, following the country's better-than-expected performance in the first half.

Imexpharm achieves net revenue of 1.008 trillion VND in H1 2024

In its latest financial update, Imexpharm Corporation has reported strong growth in net revenue and significant strategic advancements, along with plans for a bonus share issuance to support future expansion.

Online shopping boom in Vietnam: US$6 billion spent in H1/2024

In the first half of 2024, Vietnamese consumers spent a staggering VND143.9 trillion ($6 billion) on online shopping, highlighting the explosive growth of the country’s e-commerce sector.

Nguyen Quoc Cuong's business ventures post-exit from Quoc Cuong Gia Lai JSC

Following his departure from Quoc Cuong Gia Lai JSC in 2018, Nguyen Quoc Cuong, also known as Cuong "Dollar," has successfully built a diverse career, establishing businesses across multiple industries.

PM requests to complete decree on car registration fees in July

PM Pham Minh Chinh has requested the Ministry of Finance to urgently study the impact, and to complete and propose to the Government a decree on registration fee collection rates for domestically-produced and assembled cars within this month.

Durian exports forecast to top 3 billion USD in 2024

Durian exports may surpass 3 billion USD this year, according to Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association (Vinafruit).