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VN set to be a pivotal link in global semiconductor industry value chain by 2045

VN will emerge as a pivotal link in the global semiconductor industry value chain, with a competent workforce of engineers and experts capable of meeting the demands for both quality and quantity in the development of the semiconductor industry.

Property market sees number of queries about land increase after Tet holiday

Ground and raw land plots have been among the searches in Hanoi and HCM City after Tet, indicating a warming up of the market segment.

Potential upgrade to emerging status may pull US$25 billion into VN stock market

The local stock market's upgrade from the frontier to emerging status by 2025 remains critical to the country’s transformation into a high-middle-income country by 2035 and a high-income country by 2045.

VN consumer price index in February inches up 3.98%

The consumer price index (CPI) in February rose 1.04% against January and 3.98% year-on-year, fueled by high consumer demand for Tet (Lunar New Year) holiday and a surge in rice prices, the General Statistics Office said on February 29.

Vietnamese firms invest over US$25 million abroad

Local businesses invested in 17 new projects abroad over the first two months of the year with a total registered capital of US$25 million, equivalent to 21.7% over the same period from last year, according to the Foreign Investment Agency.

Vietnam, Japan cooperate in IP protection, counterfeit goods prevention

Vietnamese officials at a workshop in Hanoi on February 28 called on Japan to continue its support to Vietnam in protecting and enforcing intellectual property (IP) rights, making IP a driving force for economic development.

Binh Dinh to hold first outdoor lifestyle fair

The first-ever Quy Nhon International Outdoor Lifestyle Fair (Q-Fair 2024) will be organised in Quy Nhon city, the south-central coastal province of Binh Dinh, on March 9-12, heard a press conference on February 28.

Chinese investment puts pressure on VN’s support industry

Analysts have noted strong investment from China in manufacturing and support industries, warning that this will pose challenges for Vietnamese enterprises in the field.

Vietnam’s commercial banks continue to expand

Twelve Vietnamese banks had charter capital of $1 billion or higher as of December 31, 2023. The total charter capital of 27 listed banks was VND671.571 trillion ($27.51 billion), an increase of VND93 trillion (16 percent) compared with late 2022.

US considers upgrading Vietnam’s economy status

The US is considering the recognition of Vietnam as a market economy, which means that Vietnamese goods entering the US would avoid many risks caused by trade barriers.

Dong Nai Province proves to be magnet for waste-to-energy projects

Dong Nai Province is poised for a significant transformation driven by environmental responsibility, renewable energy generation, and a commitment to sustainable development.

VN retail market forecast to be robust in 2024

The recoveries in industrial production, employment and wages will contribute to strengthening domestic demand.

2024 is time to buy real estate as market to warm up in 2025

Experts believe that 2024 is the time to invest in real estate because prices are low amid low demand but will rise 2025 when three new laws take effect.

PM Chinh chairs conference on stock market development

Prime Minister Pham Minh Chinh chaired a conference to perform the task of developing the stock market in the year ahead, with the event jointly organized by the Ministry of Finance and the Government Office on February 28 in Hanoi.

Vietnam’s FDI inflow surges nearly 39% in two months

Vietnam has attracted more than 4.29 billion USD in foreign direct investment (FDI) in the first two months of 2024, a year-on-year increase of 38.6%, according to the Ministry of Industry and Trade (MoIT)’s Foreign Trade Agency.

Thousands of shipping containers stranded at HCM City ports

Nearly 5,000 shipping containers have got stranded at HCMC ports as of February, causing disruptions to businesses that import and export goods through the ports, according to the HCMC Department of Customs.

Tan Hoang Minh appropriates VND8.6 trillion

The Hanoi People's Court yesterday informed the trial time for the case of ‘Property appropriation’ in Tan Hoang Minh Hotel and Trading Service Co. Ltd. (Tan Hoang Minh in short).

Vietnam to have 50 million e-wallets in 2024: Report

From 2018 to 2023, the number and value of transactions through e-wallets consistently grew at double-digit rates, with annual growth rates of 80.4% and 83.5% respectively.

Vietnam Gov’t to finalize legal framework for digital assets in May

Virtual asset transactions in Vietnam are currently conducted through international trading platforms or direct arrangements, which poses risks of money laundering for the individuals involved.