Business

A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.

Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see interest rate cuts, but to also be full of economic and political uncertainty.

The VN-Index is projected to have a good chance to surpass the 1,130 point threshold at the beginning of the new year and advance towards the 1,150 point level, according to experts.

The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.

2023 proved to be a difficult year for Vietnamese seafood industry due to global high inflation, the prolonged Russia-Ukraine conflict, and instability in the Middle East, according to insiders.

The domestic automobile market has faced both opportunities and challenges in the year 2023. Car experts believe that 2023 is a crucial year for Vietnam to establish itself as an emerging market in the auto industry, with hopes of

Vietnam would import 71,835 tonnes of raw tobacco under tariff quota for 2024 set in a freshly issued circular by the Ministry of Industry and Trade (MoIT).

Commercial banks have spent trillions of Vietnam dong to buy back bonds before maturity in the last months of this year.

Many apartments in decade-old buildings in Hanoi are attracting customers due to housing supply shortages.

Vietnam’s stock market is set to grow in a stable, safe, healthy, effective and sustainable fashion under a freshly-approved strategy.

Vietnam’s consumer price index in 2023 is estimated to rise 3.25% year-on-year, meeting the target set by the National Assembly (NA), the General Statistics Office reported on December 29.

The highest bonus for the coming Tet Lunar New Year in Hanoi will be around VND205 million (USD8,471), down from VND400 million last Tet.

Vietnam’s gross domestic product growth rate is estimated at 5.05% in 2023, the General Statistics Office announced on December 29.

Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.

The Prime Minister has signed a telegram, asking for solutions to be introduced to rein in the gold market that has fluctuated sharply in recent times.

Credit rating agency Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%, with many favourable signs.

Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.

Asian stocks opened largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.

A range of shops along Le Duan, a bustling fashion street in the central city of Danang’s Hai Chau District, have been closed.