Business

Pig prices have reached the highest level over the past year, bringing enormous profits for farmers.

The country's economic growth this year is projected to reach below 6%, according to Dr. Nguyen Quoc Viet, vice director of the Vietnam Institute for Economic and Policy Research.

Masterise Homes has officially completed the structural framework of the Marina Central Tower, part of the Grand Marina, Saigon masterplan, which is a residence complex located at 2 Ton Duc Thang Street, District 1, HCM City.

Petroleum prices have continued to decline from 3 pm today, May 16, following a decision by the Ministry of Industry and Trade and Ministry of Finance.

The greenback's exchange rate stabilised around VNĐ24,269 on Wednesday, marking the fourth consecutive day it has stayed under VNĐ25,000 after a short burst of demand in recent weeks.

Ho Chi Minh City continued to lead the country in terms of export earnings in 2023 with 42.46 billion USD, although this result still decreased by 10.8% compared to 2022, according to the Vietnam Import-Export Report 2023.

Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government take proactive and flexible actions, some experts have said.

The Vietnam Chamber of Commerce and Industry (VCCI) will concentrate on helping 30,000 businesspeople and enterprises with international connectivity and cooperation this year, its Chairman Pham Tan Cong has said.

The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and petroleum supply for domestic consumption.

The Chinese business community plays a very important role in making economic, trading, and investment co-operation both a bright spot and an important pillar in the mutual relationship between the two countries.

The first batch of Thanh Ha lychees from the northern province of Hai Duong is set to be transported to Australia by air on May 14, according to details given by Red Dragon Service Trading Manufacture Company Limited.

Vietnam was the fastest growing digital economy in ASEAN in 2022 and 2023 and it is expected to maintain this position until 2025, with the number of smartphones users anticipated to reach 67.3 million by 2026, accounting for 96.9%

Vietnam ranks second in the world of cryptocurrency ownership, with 21.2 per cent of the population adopting crypto, according to data from the Crypto payment gateway Triple-A.

Domestic travel firms are still hungry for visitors despite the significant increase in foreign travellers to Vietnam.

Viejet opened a direct air route linking Hanoi and Hiroshima on May 12, marking the first of its kind connecting Vietnam and the Japanese prefecture and the eighth of Vietjet between the two countries.

Deputy Prime Minister Tran Luu Quang on May 11 attended a ground-breaking ceremony for a high-tech biodegradable materials factory, a trillion-VND project by Ecovance Co. Ltd under the Republic of Korea’s SK Group, at the Dinh Vu industrial park.

Vietnam’s industry sector has seen continuous recovery with the index of industrial production expanding 6.0% year on year in the first four months of this year, according to the Ministry of Industry and Trade.

Vietnam has the potential to meet the global semiconductor workforce need in short, medium and long terms, Minister of Information and Communications Nguyen Manh Hung told a recent seminar, highlighting Vietnam's strategic advantages in the rapidly growing industry.

Retail petrol prices have sharply dropped by over VND1,000 per litre following the latest adjustment by the ministries of Industry and Trade, and Finance.