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Standard Chartered, US promote clean energy investments in Vietnam

Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.

Foreign purchasers show interest in five product groups of Vietnam

According to the Vietnam International Sourcing 2024 organising board, the purchasers are making detailed procurement lists of those five product groups from potential Vietnamese suppliers.

Overseas remittances to HCM City record highest increase in three years

Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.

Public investment progress requires a stronger thrust

High-profile international organisations are urging Vietnam to quicken its public funding as an effective fiscal policy move to attract more funding from private investors, who bemoan a lack of high-quality infrastructure works in the country.

Foreign steel imported en masse, manufacturers call for protection

Vietnam’s HRC (hot rolled coil) manufacturers lost one-third of market share within one year, a worrying sign, say experts.

Semiconductors, green transition to jumpstart IT industry in Vietnam

Chair of the Vietnam Software and IT Services Association (Vinasa) Nguyen Van Khoa believes that Vietnam’s digital tech firms will be able to create excellent semiconductor solutions and a green digital transformation.

Real estate loans increased in 2015-2023 period

Outstanding real estate as of the end of 2023 reached VND2.88 quadrillion, according to State Bank of Vietnam (SBV).

Human resources remain a challenge for tourism sector

Vietnam’s human resources for tourism are still insufficient both in number and quality, posing a great challenge for the industry in the context of tough competition and deeper international integration.

Ministry seeks feedback on rooftop solar power plan

The Ministry of Industry and Trade (MoIT) is seeking feedback on the latest draft of a Government decree on the development of self-consumed rooftop solar power.

How can gold fever be tamed?

Some analysts have suggested removing the gold monopoly in order to stabilize domestic gold prices, but the removal will not be enough to reach that end.

Vietnam's shrimp exports to South Korea face technical hurdle - VASEP

While South Korea’s seafood exports to Vietnam enjoy a zero duty, Vietnamese shrimp exporters are encountering a major restriction from entering the South Korean market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Offshore wind power plan still awaits government policies

The eighth national power development plan (Plan 8) was released many months ago, but policies to implement the plan still need supplementation and improvement.

Airlines asked to increase flights during upcoming holidays

The VN Civil Aviation Authority held a meeting with representatives of airlines to consider increasing flights and seats and offering flexible airfare to meet the travel demand during the upcoming National Reunification Day and May Day holidays.

Government urged to probe gold traders to prevent possible market manipulation

The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.

Vietnam has opportunities to attract, develop the offshoring market

The report studies the essential factors that define the region's appeal as the best location for offshore services and sheds light on the significant changes in the industry.

Beauty, personal care forms huge market for cross-border traders

Cross-border beauty and personal care is a huge market for Vietnamese companies thanks to the growing realisation of gender equality in which more women are immersing themselves in the workforce globally.

Listing ambitions of Vietnamese banks backed by leaders

Several of Vietnam’s banks are gearing up to list on the Ho Chi Minh Stock Exchange, indicating a notable growth trajectory and an opportunity for capital augmentation.

McDonald's Vietnam wins Golden Dragon Award 2024

McDonald's Vietnam has received the Golden Dragon Award for six consecutive years for its impressive achievements in the journey towards a green economy and sustainable development.

US dollar continues gaining against VNĐ, hitting exchange ceiling

The exchange rates offered by the major banks have all hit the prescribed ceiling.

Experts see green hydrogen potential in Vietnam

Marine resources, plus sun and wind power, can offer great opportunities to Vietnam in producing and using green hydrogen for sustainable development.