A number of international financiers have expressed their optimism about Vietnam’s economic growth in 2024 which is likely to be higher than last year’s figure.

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).

The Civil Aviation Authority of Vietnam (CAAV) has sent a report to the Ministry of Transport, explaining the sharp increase in domestic air ticket prices and putting forward solutions aimed at regulating the price of flight tickets.

The deposits of big corporations at commercial banks have increased recently despite continued interest rate decreases. Some companies have billions of dollars worth of deposits.

Chip design is set to boom in Vietnam in the coming years, with many investors entering the market. However, human resource training needs more backing for the industry to achieve high quality and capture opportunities.

Reducing prices to attract customers has been seen as a key to success for many enterprises, but it also contains hidden risks causing damage to their businesses.

The implementation of a project on developing human resources for the semiconductor industry requires a strategic vision and thorough understanding about the relationship between the electronics and semiconductor industries.

SJC-branded gold prices set a new record high on Monday, reaching VNĐ86 million per tael.

Banks’deposits decreased for the first time in two years as of the end of March, according to data from the central bank.

Coffee export businesses are wary over an October start for the harvest season, meaning healthy export figures thus far in 2024 may be dampened by dwindling supply.

In an era of e-commerce and online shopping, traditional fashion shops are in danger of closing as rent is rising while the number of clients is decreasing.

Vietnam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.

Vietnam's economy has been exhibiting diverse signs of recovery, with growth projected to reach 5.5 percent in 2024 and gradually climb to 6 percent in 2025, as per the latest Economic Update Report released today, April 23, by the World Bank.

Promptly developing high-quality human resources is vital for Vietnam to utilize its advantages and participate effectively in the multibillion-dollar chain of the semiconductor industry, said Deputy Prime Minister Tran Hong Ha.

Many provinces in the Central region have updated their planning, more clearly identifying their strong points for green and sustainable growth overall.

Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.

The number of semiconductor engineers in Vietnam is low compared with demand, especially in chip designing.

Authorities have ramped up efforts to combat illegal operations in the volatile gold market, slapping nearly VND3 billion in fines on 145 violation cases this year to date.

Vietnam's ineligibility for ADB's Asian Development Fund (ADF) 14 is a positive indication for the country, given its already high income level, said Tomuyuki Kymura, Head of the bank's Strategy and Policy Department.

Under the plan, the focus will also be on developing the petrol stations along new roads and in new urban areas with an appropriate roadmap to reduce the number of small-scale and inefficient stations.