Business

Vietnamese logistics firms have been advised to work harder to enhance their productivity, service quality and competitiveness amid current difficulties due to global economic instability.

Establishing production chains to enhance competitiveness and promote green production has become vital for the fishery industry to develop sustainably.

Asian markets pressed ahead with their rally Friday as another round of US data further stoked expectations that the Federal Reserve will cut interest rates more than it has indicated next year.

Many people in HCM City have chosen to rent cars for travellling during the coming Tet Lunar New Year holiday due to the rising cost of train and air tickets.

The ministries of Industry and Trade, and Finance have sharply raised retail petrol prices after five consecutive reductions in their latest adjustment made on Thursday afternoon.

Vietnam's stock market is poised for growth in 2024, supported by lower interest rates and improved business performance.

Asian markets turned negative Thursday as investors took their foot off the gas after an extended rally fuelled by expectations the Federal Reserve will slash interest rates next year.

There will be little room for further reduction in deposit interest rates in 2024 as they have dropped deeply to pre-COVID-19 levels, while the lending interest rate can still be lowered by 1-1.5 percentage points next year, Vietcombank Securities forecast.

Vietnam, together with China and some other Asian countries, is among the 20 countries with the fastest economic growth over the last 10 years, according to Yahoo Finance.

Asian stocks rallied Wednesday, following another record performance on Wall Street as traders continue to bet on the US Federal Reserve slashing interest rates several times next year.

Vietnam Airlines Corporation achieved positive financial results, with total consolidated revenue reaching 71.77 trillion VND (nearly 2.95 billion USD) in 2022.

As China is opening its market for some Vietnamese fruits, it will bring billions of dollars in exports next year and help Vietnam’s fruit and vegetable industry to set new records.

Vietnam could consider extending the implementation of the economic support programme (2022-2023) into next year to allow its planned investments to be fully implemented, supporting aggregate demand, according to World Bank experts.

Experts expect that purchasing power during the Lunar New Year 2024 holidays may increase by over 10 per cent compared to the same period last year.

Asian markets were mixed Tuesday after Federal Reserve officials looked to dampen expectations for a series of interest rate cuts next year, while the yen edged up ahead of a closely watched Bank of Japan policy decision later in

VinFast and Marubeni Corporation have officially announced a memorandum of understanding to explore opportunities in the secondary use of EV batteries and the potential to establish a circular economy model.

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.