Business

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).

Vietnam has reported a rise in illegal meat imports with 131 cases detected in the first nine months of this year, up 14.50 percent on-year.

The Halico Hanoi Liquor JSC, the producer of Hanoi Vodka, has reported losses of over VND2.28 billion in the third quarter of this year, marking the 26th consecutive quarter of losses and a near-40 percent increase in losses on-year.

The real estate sector is finally emerging from its slumber as the economic recovery in the third quarter of the year has triggered a resurgence of demand for realty properties.

Vegetable prices in Danang City and Quang Nam Province in the central region of Vietnam have considerably risen because of torrential rains.

Prime Minister Pham Minh Chinh reassured Viet Nam’s commitment to protect the legitimate rights and interests of foreign investors under any circumstances during his meeting with leaders of 180 FDI enterprises in Ha Noi on Monday.