Business | DTiNews - Dan Tri International, the news gateway of Vietnam

Business

CIEM sets out three economic scenarios for 2024

The Ministry of Planning and Investment Central Institute for Economic Management presented three scenarios for the national economy in 2024 at the Vietnam Economic Pulse Forum.

Vietnam’s coffee export volume is likely to decrease due to lower output

Vietnam’s coffee export volume in the 2023-24 season is likely to be lower than a year earlier due to a drop in output, no carry-over stock and growing local demand, and export prices will remain high, according to the

Demand for outbound tours for the coming Tet Lunar New Year Holiday is sharply increasing.

Asian markets on front foot as US jobs data provide new rate cheer

Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year.

Vietnamese 5% broken rice export price hits new high globally again

High demand for rice has prompted the export price of Vietnamese rice to rise to a record high of US$663 per tonne, the highest in the world at present.

Vietnamese firms should be cautious to avoid fraud in international trade

Vietnamese firms should use additional caution to avoid increasingly sophisticated scams in international trade, Deputy Director of the Vietnam Trade Promotion Agency Hoàn Minh Chiến said.

Vietnam to develop initiatives to sustain FDI flows

Vietnam will set up a support fund to encourage and lure strategic investors and multi-national groups, making it more attractive in attracting foreign direct investment.

Vietnam, Cambodia launch cross-border QR payment link

Vietnam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing their peoples to scan QR codes to make payments in each other’s country using their local currency.

More Business

Asian markets drop as traders temper rate cut bets(12/05/2023)
Vietnam embarks on extensive economic reforms to drive economic expansion: forum(12/05/2023)
Vietnamese businesses invest US$395 million overseas(12/03/2023)
Vietnam hosts first international rice festival(12/03/2023)
Vietnam's trade surplus at US$22.44 billion in 11 months(12/02/2023)
Vietnam business forum discusses mobilising resources for green transition(12/02/2023)
Mint-honey harvesting season in Ha Giang(12/02/2023)

MOR Software’s journey to achieve Sao Khue Award

MOR Software has been recognised as Software Outsourcing Services for the fourth consecutive year at the Sao Khue Award 2023.

Finance

Deposit interest rates at four major banks hit one-year low

The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.

Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

The State Bank of Vietnam’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year.

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

Biz matching