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Key driver gains a must for growth

Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.

Businesses lobby through unofficial channels: survey

A Vietnam Chamber of Commerce and Industry (VCCI) survey has found that businesses try to exert influence on development planning through many unofficial ways.

How will Vietnam benefit from US recognition of market economy status?

The United States is considering recognizing Vietnam’s market economy status that will enable the local economy to elevate its role internationally, and remove barriers to trade cooperation and investment attraction.

Domestic auto market shows signs of recovery

Cautious optimism as Vietnam’s car market shows tentative signs of growth, which is expected to improve even more with new government policies to support the sector.

Gov’t requests more efforts to rein in galloping gold market

The government has requested an immediate inspection of gold bar trading in an attempt to stabilize the domestic gold market that has grabbed the headlines for the past few weeks.

Vietnam needs drastic reforms for economic growth: experts

Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.

Key economic pillars show positive growth

Vietnam's economy has gone through one-third of the 2024 yearly plan and achieved some remarkable results, showing clear recovery momentum through the growth of important pillars.

Real estate billionaire struggles with VND200 trillion debt

The assets of dollar real estate billionaire Bui Thanh Nhon have dropped sharply due to share price fluctuations over the last two years. Big changes have also been seen in the shareholder structure.

Litchi output drops by hundreds of thousand of tons

Litchis brought turnover of VND5 trillion to Bac Giang farmers in 2023, but the figure will be much lower this year because of crop failure.

Vietnam to need US$12 billion for EV infrastructure by 2040 - HSBC

Vietnam will need an estimated US$12.3 billion by 2040 to develop its electric vehicle (EV) infrastructure to keep up with a projected 2.5-fold increase in EV sales over the next decade, HSBC said in a recent report.

Outstanding bonds of real estate enterprises amount VND350.88 trillion

The ministry carried out inspections at 19 real estate companies and asked them to pay an addition of VNĐ255.7 billion to the State budget.

VND300-billion dog racetrack left idle for seven years

The dog racing sports and entertainment service center project in Nghi Xuan district in Ha Tinh still cannot be put into operation as it has not been licensed yet, though construction finished in 2017.

Mariam Sherman, new World Bank Country Director for Vietnam, Cambodia and Laos

The World Bank has appointed Ms. Mariam Sherman as the new Country Director for Vietnam, Cambodia, and Lao PDR, effective May 1, 2024.

Domestic gold prices skyrocket to nearly VND92 million per tael

The price of gold bars rose sharply in Vietnam on May 10 morning, hitting a new all-time high of VND91.80 million per tael without signs of stopping in the near future.

Going green: company directors must learn more about emissions reduction

Ngo Hoang Ho, Business and Administration Division Manager at Vietnam NOK Co in DongNai province, recently talked to VietNamNet about green production.

Rooftop solar power trading is a no, for now

Vietnam has set a target of having 50 per cent of its office and residential buildings equipped with solar panels by 2030, that is in the National Power Plan VIII.

New law on industrial parks proposed to lure in high quality investment

Businesses are calling for a law with clear and detailed regulations on eco-industrial parks so as to encourage enterprises to invest in these types of parks.

Unprecedented policies drive Vietnam’s economic recovery

Resolution No. 43/2022/QH15 has yielded positive outcomes in supporting Vietnam's socio-economic recovery and development.

Ministry urges completion of 500KV transmission line, will import equipment

The Ministry of Industry and Trade (MOIT) plans to ask embassy officials in Vietnam to help clear difficulties in importing equipment for power projects.

Enterprises urge petrol price stabilisation fund to be abolished

As the domestic petrol prices are also going parallel with the world market, the removal of the petrol price stabilisation fund should be considered.