Business

Vietnam's Gross Domestic Product target of 6-6.5 per cent in 2024 is feasible, but the Government needs to make efforts to take comprehensive, drastic measures to realise the goal, said NA deputies and socio-economic experts.

Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest rate hike, and even allowed traders to bet on a series of cuts in the

Equity markets edged up Tuesday as investors cautiously await the release of US inflation data, aware that a big miss in either direction could have major implications for the Federal Reserve's interest rate plans over the next few months.

Deputy Prime Minister Le Minh Khai has signed a decision approving the development strategy of the State Capital Investment Corporation until 2030 with a vision to 2035.

The MoF has issued a circular regulating the reduction of 35 fees and charges in the fields of securities, healthcare, citizen identification, and appraisal of construction investment projects.

Asian markets were mixed Monday ahead of key US inflation data later in the week, with traders still concerned the Federal Reserve could lift interest rates again.

Less positive business results in the nine months of 2023 have caused many businesses to lower their whole year’s target, with some even expecting losses.

Vietnam's economy is resilient in the face of the "vortex" of geopolitical instability in the world, but it still needs to maintain growth momentum to keep up with the global economy, according to experts.

The 23rd Vietnam - China international trade fair is being held in the northern mountainous province of Lao Cai from November 10-15.

Vietnam saw a sharp rise in catfish output but lower export value in the first ten months of this year, according to the Vietnam Pangasius Association.

The General Administration of Customs of China has officially allowed a Vietnamese enterprise to export bird’s nests to the country, the Ministry of Agriculture and Rural Development has announced.

Japan's government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology.

Vietnam's economic growth is forecast to accelerate to 6.3% ahead in 2024 before reaching 7.0% in 2025, according to the latest projection made by global credit ratings agency Fitch Ratings.

Costs for credit risk provisions of many commercial banks have continued to increase sharply, which was one of the causes for bank profit decline in the third quarter of 2023.

Asian stocks sank Friday and the dollar held gains after Federal Reserve boss Jerome Powell warned he "will not hesitate" to hike interest rates further in his quest to bring inflation to heel.

Up to 500 brands, 3,000 businesses, e-marketplaces, and sale supporting platforms will take part in the Vietnam Online Shopping Day - Online Friday 2023 in early December.

Most Asian stocks crept back up Thursday after another positive day on Wall Street, with focus on upcoming speeches by Federal Reserve officials, while oil edged back after a second successive plunge fuelled by demand doubts.

Vietnam exported 57,723 tonnes of pepper worth US$750.8 million to China during the ten-month period, accounting for 25.8% of the overall market share, according to the Vietnam Pepper Association.

Ho Chi Minh City is carrying out a survey of more than 15,000 firms, cooperatives, and business households as part of its 2023 Department and District Competitiveness Index.