Business

Vietjet has been once again listed among the world’s safest airlines for 2024 by AirlineRatings, the world’s famous airline safety and product rating website.

Economists at a recent workshop in Hanoi shared the view that despite a host of difficulties forecast for 2024, inflation would not be a big issue for Vietnam in the year.

As much as 579.8 trillion VND (23.77 billion USD) worth of public investment was disbursed last year, equivalent to 73.5% of the yearly plan and nearly 82% of that assigned by the Prime Minister, according to the Ministry of Finance.

Asian stocks fluctuated on Friday after a bigger-than-expected rise in US private-sector jobs poured cold water on hopes for an interest rate cut in the next few months.

Domestic retail prices of petroleum products in Vietnam were revised down at 3 pm today, January 4, following the adjustment jointly made by the Ministry of Industry and Trade, and the Ministry of Finance.

Nguyen Dang Quang, founder of Masan Group, has reappeared on Forbes’ list of billionaires after previously dropping out due to a fall in his assets.

The State Bank of Vietnam will not consider increasing policy interest rates and might extend debt rescheduling policies to support enterprises this year, said SBV Deputy Governor Dao Minh Tu has said.

Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.

Vietnam's exports to the EU and the US in 2023 were estimated to reach around 166 billion USD, a 9.6% decrease while imports were estimated at nearly 41 billion USD, a 9.1% drop in comparison to 2022.

Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve

Foreign-invested enterprises contributed US$259.95 billion out of Vietnam’s total export turnover of US$355.5 billion last year, according to figures released by the Ministry of Industry and Trade.

Boasting a highly-open economy, Vietnam has great potential to attract high-quality foreign direct investment from major enterprises worldwide, according to insiders.

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).