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Gov’t defines electronic money, Bitcoin not included

A recently issued decree has, for the first time, defined the concept of electronic money as "the equivalent value in VNĐ stored by electronic means".

Vietnam dong seen weakening further against U.S. dollar in Q2 - UOB

The Vietnam dong currency is expected to fall to VND25,600 per U.S. dollar in the second quarter of 2024 but appreciate to VND24,800 in the final quarter of the year and VND24,600 in the first quarter of next year.

Criteria for assessing FDI announced

Criteria for appraising and assessing the quality of FDI projects at the provincial level were announced at a conference on Thursday in Hanoi.

VinFast share prices rise on record-high orders for VF3 electric cars

VinFast share prices have increased to over $5 per share on Nasdaq following news about record-high orders for its electric VF3 vehicle.

Vietnam remains Singapore’s 10th largest trading partner

Vietnam has maintained its place as Singapore’s 10th largest trading partner in the first fourth months of the year, with two-way trade turnover reaching SGD10.19 billion, up more than 6.33% over the same period last year.

UK pledges additional funds for CFA programme in Vietnam

The UK Government has announced an additional GBP40 million (US$54 million) to extend the Climate Finance Accelerator (CFA) programme for another five years till 2029 to support at least 800 low carbon projects in 16 countries, including Vietnam.

Retail real estate market: a magnet for major international players

Since the beginning of 2022, the industry has swiftly rebounded after a prolonged disruption caused by the pandemic.

Legal framework reforms could help unlock Vietnam's innovation potential

Innovation centres have significantly boosted startup activities, fostering a new generation of businesses grounded in intellectual property and capable of competing in global markets.

VN too heavily dependent on FDI, must improve industrial ecosystem

Vietnam has been overly reliant on FDI businesses and the country needs to pivot towards a comprehensive industrial ecosystem to support the development of domestic industries, said industry leaders and policymakers.

13,400 taels of SJC-branded gold bullion sold at May 23 auction

Eleven bidders successfully bought a total of 13,400 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) had put up to auction on May 23.

EVN denies businesses warned to cut down power consumption

Vietnam Electricity (EVN), the country's largest power company, said the rumour about Vietnamese authorities urging certain businesses in northern Vietnam to voluntarily reduce electricity usage by 30 per cent is inaccurate.

Import-export turnover hits over US$270 billion by mid-May

Vietnam’s total export and import value reached US$270.82 billion in a period from January 1 to May 15, 2024, resulting in a trade surplus of US$6.36 billion, according to the General Department of Customs.

Zurich forum to boost Vietnam – Switzerland economic cooperation

Officials, economic experts and academicians of Vietnam and Switzerland will examine opportunities to foster economic, trade and investment cooperation between the two countries at a joint forum due to take place in Zurich, Switzerland, on June 4.

Ministry revokes licences from four petroleum distributors

The Ministry of Industry and Trade (MoIT) has issued a decision to revoke the eligibility certificates of four petroleum distributors in Hai Phong, HCM City, Hanoi and Quang Nam Province.

Vietnam’s exports via e-commerce on the rise

The number of products Vietnamese businesses sell via Amazon has increased by 300% over the past five years, heard a conference on cross-border e-commerce (CBEC) in Hanoi on May 22.

Vietnam's first exhibition for smart office solutions opens in Hanoi

The first International Exhibition for Smart Office Solutions, Equipment, Machines and Stationery (VietOffice 2024) opened in Hanoi on May 22.

Loc Troi pays rice farmers after delay, apologises

Agricultural services and food conglomerate Loc Troi Group Joint Stock Company announced on May 21 that it had completed payments for the 2023-2024 winter-spring rice crop to farmers in the Mekong Delta after a delay of more than one month.

Lao Cai wants to pilot cross-border e-commerce zone

Lao Cai has proposed the pilot of a cross-border e-commerce zone or a free trade zone in the northern mountainous province to bridge Vietnam and other ASEAN countries with the Chinese market.

Promoting Vietnamese pharmaceutical industry

The Vietnamese pharmaceutical industry is seeing great advantages.

Vietnam vows to digitize greenhouse-gas emissions inventory

Greenhouse-gas emissions stocktaking is difficult for many Vietnamese enterprises, but if the process is digitized, it could take only seven days and save a lot of money.