Business

Prime Minister Phạm Minh Chính is meeting with foreign direct investment (FDI) enterprises and attending annual Vietnam Business Forum (VBF) this morning in Hanoi which focus on promoting the pioneering role of FDI firms in implementing green growth strategies.

Vietnam's GDP in the first quarter of 2024 will grow by around 5.5% as predicted, according to experts and thinktanks.

Many tourism projects at Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue have been delayed or remained on paper.

Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis and Vietnam Development Bank (VDB) Chairman Le Van Hoan today signed a USD500 million Memorandum of Understanding (MOU) to facilitate the financing of US exports to Vietnam.

Deposit interest rates are unlikely to decrease further and might hit bottom in the first quarter of 2024 as credit demand will increase this year, analysts forecast.

Vietravel Airlines, a subsidiary of tour operator Viettravel, will operate around 10 charter flights linking HCM City and Danang to Japan until the end of April.

Finnish businesses desire to expand investment cooperation activities in the Vietnamese market across multiple fields, especially the energy sector.

To increase brand recognition and to access more customers, Vietnamese wood, furniture, and handicraft businesses need to consider and invest systematically in online sales activities, diversifying sales channels in their business strategies, an official has said.

Vietnamese seafood exports to the United States during the opening two-month period of the year surged by 22.1% to US$188.5 million against the same period from last year, according to the General Department of Vietnam Customs.

As the demand for Vietnamese agricultural products and processed foods is rising, Japan’s retailer AEON TopValu will seek suppliers for its supermarket chain Aeon at the Vietnam International Sourcing 2024.

VinFast Auto unveiled on March 15 that it will attend the 45th Bangkok International Motor Show (BIMS 2024), with the event slated for March 27- April 7.

According to research by the Vietnam Real Estate Association, affordable apartments are almost extinct in Hanoi and HCM City.

Vietam’s ride-hailing market value is estimated at $880 million in 2024 and expected to reach $21.6 billion by 2029, growing at a compound annual growth rate of 19.5 per cent during the forecast period.

Several associations in Vietnam have sent a joint letter to the government and National Assembly calling for support to tighten meat import regulations as they are facing threats from the large imports of low-quality meat products.

The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.

Prices of air tickets on the Reunification Day April 30 and May Day holidays have been on the rise.

The fleets of some Vietnamese airlines are likely to shrink in 2024 and 2025, thus subsequently affecting their transportation capacity on domestic and international routes, said the Civil Aviation Authority of Vietnam.

The Asian Development Bank (ADB) has committed to provide USD3 billion in assistance to Vietnam during the 2024-2026 period.

Authorities in the southern central province of Khanh Hoa held an inauguration ceremony on Wednesday for the Van Phong 1 BOT Thermal Power Plant with total capacity of over 1,432 MW.