Business

A senior official of the State Bank of Vietnam has silenced rumours that the central bank has adjusted the currency band, saying the recent exchange rate fluctuations in the market still fall within the already fixed 5% range.

Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.

There are many opportunities as well as challenges for the automobile industry when Vietnam is implementing international commitments under free trade agreements, heard a seminar organised in Hanoi on May 24.

Vietnam is in the top five countries in the world for game publishing, with 4.2 billion downloads.

Domestic retail petrol prices increased at 3 pm today, May 23, following the decision by the Ministry of Industry and Trade and the Ministry of Finance.

Officials, economic experts and academicians of Vietnam and Switzerland will examine opportunities to foster economic, trade and investment cooperation between the two countries at a joint forum due to take place in Zurich, Switzerland, on June 4.

Small businesses are confident that 2024 will be positive, with 86 per cent projecting they will grow on the back of robust economic growth, improving results from the past two years, CPA Australia’s annual survey shows.

The southern province of Dong Nai aims to become one of Vietnam's three largest economic centres, after Hanoi and Ho Chi Minh City, according to the province's development goals for 2030.

The first few months of 2024, disbursement of Vietnam's public investment using foreign funds reached just over 8.5 per cent, said Võ Hưu Hiền, deputy director of the Ministry of Finance's debt management department, during a conference yesterday in Hanoi.

Farmers in the Mekong Delta province of Long An have earned big from growing grey sedge, a kind of grass used to make handicraft products.

Despite facing global complications and economic uncertainties, the Vietnamese economy is on its way to reaching pre-pandemic levels, with many international organisations continuing to appreciate the country’s growth prospects this year.

Vietnamese enterprises should prepare for a rising level of trade disputes and be ready with a greater understanding of how to cope as the level of bilateral trade with China rapidly increases.

The northern province of Bac Giang will soon export 2.5 tonnes of early ripening lychees to the Middle East market.

Vietnam’s retail real estate market is thriving in terms of scale and quality, with occupancy rates above 90 per cent in major city shopping centres, according to a report from the Vietnam Association of Realtors.

The bidding package on the construction, supply and installation of equipment for the expansion of the T2 terminal of the Hanoi-based Noi Bai International Airport kicked off on May 19, with Prime Minister Pham Minh Chinh attending.

Recent positive developments in exchange rates and the price of oil have improved investor sentiment, with strong capital inflows into the domestic stock market driving benchmark indices higher, said insiders.

Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities.

The State Bank of Vietnam (SBV) on May 17 announced that it will hold two more gold auctions on May 21 and 23, each will offer 16,800 taels of SJC-branded gold bars.

The 17th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2024) will be held from June 13 to June 16 at the Hanoi International Center for Exhibition.