Business

Asian markets fell Monday as traders took a step back following last week's rally, with Federal Reserve officials looking to temper expectations the US central bank will cut interest rates several times next year.

Vietnam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts said.

The number of foreign cruise ships registered to dock at Ha Long Bay in the northern province of Quang Ninh next year has equalled pre-Covid-19 pandemic levels.

The lists of top 10 reputable tourism companies and top five reputable hotels and resorts in Vietnam have been unveiled by Vietnam Report JSC.

Vietnam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates from this week.

Prime Minister Pham Minh Chinh encouraged leading firms of Japan’s Gunma prefecture to expand their investment cooperation activities in Vietnam during a meeting with local businesses on December 15.

HCM City‘s second Flash Sale launched on December 15 features a large-scale promotion of fashion products from more than 400 well-known domestic and global brands.

The industrial real estate market in the south was vibrant and thriving in the third quarter of 2023, with the rental area reaching 143,000 sq.m, up 2.4 times compared to the previous quarter.

Asian markets built on the previous day's rally Friday as investors recalibrated their outlook for the new year after the Federal Reserve indicated it will cut interest rates.

Petroleum prices have continued to decline from 3 pm today, December 14, following a decision by the Ministry of Industry and Trade and Ministry of Finance.

The number of tourists to Phu Quoc in the southern province of Kien Giang is expected to sharply increase in the coming time, said Nguyen Vu Khac Huy, vice chairman of the Kien Giang Tourism Association.

The authorities of Da Nang central city are planning to launch direct flights to Nagoya in Japan in the first quarter of 2024 in orderas part of efforts to boost investment, trade, and tourism.

Asian markets rallied Thursday and the dollar extended losses after the Federal Reserve indicated it will begin cutting interest rates next year.

Vietnam is enjoying an all-time high in both rice output and export turnover this year, according to an international conference on the global rice market held on Wednesday in Hau Giang Province.

Real estate remains a good investment channel in the long term, and the market will start recovering in 2024, insiders have said.

The Asian Development Bank has raised its economic forecast for developing economies in Asia and the Pacific, after robust domestic demand drove higher-than-expected growth in the People’s Republic of China and India.

Management authorities should not try to restrict the thin capitalisation of domestic enterprises by applying a loan interest expense cap regulation, the Vietnam Chamber of Commerce and Industry said.

Asian stocks rose Tuesday, following Wall Street's lead as traders awaited a bumper round of market-moving events, starting with the release of US inflation data later today.

Vietnam’s fruit and vegetable exports to China have been forecasted to continue sharply increasing in the coming time.