Business

The Government has proposed the National Assembly to allow it to continue the 2% interest rate support policy for enterprises, cooperatives, and business households.

Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank

The first direct air route linking Manila in the Philippines and Danang has been scheduled to be launched in December this year.

Retail petrol prices increased slightly on Monday afternoon following adjustments by the ministries of Industry and Trade, and Finance.

Asian markets extended last week's sell-off Monday on fears of a regional conflict in the Middle East and worries that US interest rates will remain elevated for longer than initially thought.

VinFast Auto, the leading electric vehicle maker of Vietnam that has listed its share on Nasdaq, has reached a US$1 billion share sale deal with Yorkville Advisors Global, in an effort to raise funds for its global operation expansion.

Foreign investors' net selling was VNĐ4.6 trillion in September, the sixth consecutive month of net selling by foreign investors on the Vietnamese stock market, according to the State Securities Commission.

Industrial land rents are expected to increase by up to 10 per cent in the next two years in both the north and south thanks to growing demand from various industries, experts have said.

Vietnam exported 864,424 tonnes of steel and iron worth a total of US$611 million in September, marking sharp decreases of 12.5% in volume and 13.5% in value compared to August.

The central city of Danang has called for the launch of more direct flights connecting it with Phuket and Khon Kaen, Thailand, and Indonesia.

Foreign service providers paid more than 9 trillion VND in tax through the online portal serving taxpayers engaging in e-commerce and business activities in the first nine months of this year.

A total of 59,559 businesses entered and re-entered the real estate market in the third quarter of 2023, a record number for the period, which represented a rise of 18% year on year.

A hybrid international conference is taking place in Ho Chi Minh City on October 19 - 20 to discuss the pivot of trade to Asia-Pacific and its impacts on the trade, investment, and environmental policies of economic partners in

Authorities in the central province of Nghe An are trying to curb the African swine fever epidemic that has quickly spread in the area.

Prime Minister Pham Minh Chinh pointed to substantial potential for Vietnam and Saudi Arabia to foster their cooperation while addressing a business forum in Riyadh on October 19 (local time).

The 8th VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack Vietnam 2023) will be held in Hanoi from November 8-11.

The goal of upgrading the stock market by 2025 requires the concerted efforts of ministries and market members.

Experts from the International Monetary Fund maintained their forecast for Vietnam’s GDP growth at 4.7% in 2023 but expressed their optimism about the medium-term prospects, with GDP growth predicted to reach 5.8% in 2024 and 6.9% in 2025.

Japan’s total official development assistance commitment to Vietnam from April 2022 to March 2023 amounts to JPY18.9 billion (nearly VND31 trillion).