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After Tet holiday, interest rates began to fall

The deposit and lending interest rates continued a downward trend after January. The average deposit interest rates offered by commercial banks decreased by 0.15 percent, while the lending interest rate fell 0.25 percent compared with late 2023.

Vietnam keen to boost economic and trade links with C5 nations

The Ministry of Industry and Trade has announced the implementation of solutions aimed at promoting economic - trade and investment ties between VN and C5 countries in Central Asia (Kazakhstan, Kyrgyzstan, Takjikistan, Turkmenistan, Uzbekistan).

Online payment blooming in Vietnam thanks to its convenience

Due to the government’s promotion of cashless payment, online payment has seen significant growth, contributing to the development of the digital economy.

Vietnamese agriculture needs proper branding strategy

Effective branding is highly recommended to improve the competitiveness and popularity of Vietnamese farm produce, according to business insiders.

VN export turnover in 2024 expected to increase by over 6 percent

Export turnover in 2024 is expected to year-on-year increase by over 6 percent.

Vietnam's aquatic product exports expected to recover in 2024

Vietnam’s aquatic product exports in January surged 60.8% year-on-year to 730 million USD, making a positive signal for the year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Stock market continues upward trend, capitalisation up by $27.5bil in 2 months

The stock market in Việt Nam has begun an upward trend since mid-December 2023 and has experienced almost no interruptions so far, gaining over 130 points, approximately 12 per cent.

15th VIFA EXPO - opportunity for Vietnam’s furniture industry in 2024

The VIFA EXPO 2024 has full support programs to enhance the experience of international buyers when seeking and exploring high-quality furniture and handicraft sources at the fair.

Vietnam likely to maintain high economic growth in medium term: IMF expert

Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.

First int’l freight transport train in Lunar New Year departs

The Vietnam Railways Corporation (VNR) on February 21 started the first international freight transport train in the Year of the Dragon from Song Than station in Binh Duong province to Zhengzhou in China's Henan province.

SBV injects large amount of money to support capital for banks

The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.

Power-purchase negotiations may stall investment in waste-to-electricity plants

WTE (waste-to-electricity) is considered a superior solution to solve environmental problems, but it remains unattractive to investors.

Hybrid car market expected to warm up in 2024

With the shortage of charging stations for electric cars, hybrid cars are proving to be a better alternative for now because they don’t require investment in infrastructure.

Domestic supporting businesses enjoying ample opportunities during global shifts

Never before has foreign direct investment poured strongly into Vietnam like it is now, bringing along considerable chances for domestic companies to join in global supply chains.

Vietnamese export recovery gains momentum: VinaCapital

Rising confidence among consumers in the United States is anticipated to help new Vietnamese export orders as they continue to increase over the months ahead, according to investment management firm VinaCapital

As business conditions reform slows, businesses face more risks

Barriers in implementing investment projects, which are somewhat heavier due to ineffective coordination, continue to impede investment and business activities and can lead to reduced business trust and motivation.

Apartment prices soar in Hanoi, but few affordable housing projects available

Apartments valued at over VND4 billion accounted for 42 percent of apartments sold in 2023, while apartments valued at VND2-4 billion accounted for 55 percent, according to Savills Vietnam.

Foreign media: Vietnam to see highest increase in wealth growth

Vietnam is forecast to see a 125% increase in wealth over the next 10 years, which will be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires.

Dragon Capital targets Long Chau

Dragon Capital’s aggressive stock acquisition of FPT Retail (FRT) over the past year is likely aimed at the Long Châu pharmacy chain, the main growth driver of FPT Retail.

RoK's firm penetrates LPG market in Vietnam​

E1, an importer and distributor of liquefied petroleum gas (LPG) under the Republic of Korea’s LS Group, announced that it has signed a joint contract with Venus Gas, the largest LPG importer in northern Vietnam, to build an LPG terminal in VN.