Business

Vietnam is now one of the world's top 10 countries for pork consumption, latest statistics have revealed.

Prime Minister Pham Minh Chinh had a working session with the military-run telecommunications service provider Viettel in Hanoi on April 9 regarding the group’s research and production activities in the high-tech defence industry.

National Assembly Chairman Vuong Dinh Hue attended a Vietnam - China seminar on State-owned enterprises reform and management of state capital at enterprises in Beijing on April 9.

Many enterprises are concerned about adverse impacts of the sharp appreciation of the US dollar on their business and production if the greenback continues to see fluctuation in the future, especially at the middle and end of the year.

The European Chamber of Commerce Vietnam has released the Business Confidence Index for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.

Vietnam has surpassed Thailand to become the biggest exporter of durian to China.

Global Finance recognises Techcombank for excellence across financial performance, balance sheet strength, customer offerings, and digital, data and talent.

Vietnam aims to bring net greenhouse gas emissions to zero by 2050, so ideally all means of transport will use green energy. For the country, green transportation was also an urgent requirement to build green and smart cities.

Tenants in HCM City are increasingly looking for green offices with good amenities that providing a clean working environment for their employees, according to Savills Vietnam.

Many people are flocking to buy apartments in Sapa Town in the northern mountainous province of Lao Cai, pushing the prices up.

After two routes to Shanghai and Chengdu, Vietjet will open a direct route between Ho Chi Minh City and Xi'an (China) from April 29, becoming the airline flying directly from Vietnam to the ancient capital of Xi'an.

Stocks fell Friday and oil extended the previous day's surge on worries that Israel's war with Hamas could widen to a regional conflict with Iran as both sides ratcheted up tensions.

Vietnam’s rosy economic prospects have helped consolidate the confidence of foreign firms in the country, as reflected through their investment of 6.17 billion USD in the first quarter of this year, up 13.4% year-on-year.

The Ministry of Planning and Investment has proposed two economic growth scenarios for this year at the Government's regular meeting held in Hanoi.

With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn 54-55 billion USD in export revenue this year as assigned by the Prime Minister, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

The Land Law, which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time.

Asian markets tumbled Wednesday as investors grow increasingly sceptical that the Federal Reserve will cut interest rates as much as hoped this year, while a massive earthquake in Taiwan added to the sense of gloom.

A decrease in deposit interest rates has been recorded in a number of banks from the beginning of April.

The World Bank, in its East Asia and Pacific Economic Update released on April 1, 2024, forecast that the Vietnamese economy would grow by 5.5% this year, making it among top growth leaders in the world.