Business

Public investment projects are giving a big push to the domestic construction material industry, according to Vietnam Report.

The Vietnam Cement Association has just called for support from the government as slow demand has threatened their operations.

To create additional capital mobilisation channels for small- and medium-sized enterprises, Vietnam’s Small- and Medium-sized Enterprise Development Fund under the Ministry of Planning and Investment is offering SMEs loans at preferential interest rates of 1.2-4.4% per year.

Vietnam’s economy is expected to grow at 6.0% and 6.2% in 2024 and 2025, respectively, according to the Asian Development Outlook April 2024 released Thursday.

Apartment absorption was relatively positive in Hanoi in the first quarter but weaker in Ho Chi Minh City compared to the same period last year while supply remains limited in both metropolises, reported real estate services and investment company CBRE.

The annual Vietnam Saigon Textile & Garment Industry – Fabric & Garment Accessories Expo opened in HCM City on April 10, enabling local and foreign producers to explore each other’s requirements and possibilities for tie-ups.

Airlines in Vietnam have planned to provide more flights on the upcoming Reunification Day April 30 and May Day holiday.

Vietnam is now one of the world's top 10 countries for pork consumption, latest statistics have revealed.

Prime Minister Pham Minh Chinh had a working session with the military-run telecommunications service provider Viettel in Hanoi on April 9 regarding the group’s research and production activities in the high-tech defence industry.

National Assembly Chairman Vuong Dinh Hue attended a Vietnam - China seminar on State-owned enterprises reform and management of state capital at enterprises in Beijing on April 9.

Many enterprises are concerned about adverse impacts of the sharp appreciation of the US dollar on their business and production if the greenback continues to see fluctuation in the future, especially at the middle and end of the year.

The European Chamber of Commerce Vietnam has released the Business Confidence Index for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.

Vietnam has surpassed Thailand to become the biggest exporter of durian to China.

Global Finance recognises Techcombank for excellence across financial performance, balance sheet strength, customer offerings, and digital, data and talent.

Vietnam aims to bring net greenhouse gas emissions to zero by 2050, so ideally all means of transport will use green energy. For the country, green transportation was also an urgent requirement to build green and smart cities.

Tenants in HCM City are increasingly looking for green offices with good amenities that providing a clean working environment for their employees, according to Savills Vietnam.

Many people are flocking to buy apartments in Sapa Town in the northern mountainous province of Lao Cai, pushing the prices up.

After two routes to Shanghai and Chengdu, Vietjet will open a direct route between Ho Chi Minh City and Xi'an (China) from April 29, becoming the airline flying directly from Vietnam to the ancient capital of Xi'an.

Stocks fell Friday and oil extended the previous day's surge on worries that Israel's war with Hamas could widen to a regional conflict with Iran as both sides ratcheted up tensions.