Business

“Vietnam has a lot of potential in the marketing industry because of its population of 100 million people and a good foundation for internet access,” said Greg Stuart, CEO of MMA Global.

A group of 14 British firms specializing in renewable energy technology and services arrived in Vietnam this week to sound out cooperation opportunities, including in offshore wind power development.

Prominent real estate companies reveal varying levels of success within the market, as demonstrated by different revenue and profit figures in the third quarter.

Vietnam’s real estate market is witnessing a rising number of merger and acquisition deals, with the engagement of both foreign and domestic investors.

The Ministry of Industry and Trade has proposed a mechanism under which large buyers can purchase electricity from renewable energy producers through direct power purchase agreements.

Equities extended a global rally Friday as investors were caught up in a wave of optimism that the Federal Reserve has finished its cycle of interest rate hikes, with eyes now on the release of US jobs data.

Many garment and textile companies in Vietnam are facing financial difficulties due to falling orders, leading to the laying off of thousands of workers.

The Vietnam Manufacturing Purchasing Managers' Index as reported by S&P Global, edged down to 49.6 in October from 49.7 in the previous month, indicating a second consecutive monthly decline in the manufacturing sector.

Vietnam saw over 15,400 new enterprises formed with a total registered capital of VND125.8 trillion in October, marking an increase of 21.7% in the number of firms and 7.4% in capital from September.

Petrol prices have increased from 3 pm today, November 1, following a decision by the Ministry of Industry and Trade and Ministry of Finance.

Most Asian stocks rose Wednesday ahead of an expected pause in the US Federal Reserve's interest rate campaign, while the yen fell from its 2023 highs after Japan's top forex official said authorities were "on standby" to intervene.

The market settled lower on Tuesday and logged a monthly fall in October as persistent selling force continued to weigh on investor sentiment.

Asian stocks were mixed Tuesday, with traders tracking developments in the Middle East crisis as Israel presses on with its ground incursion of Gaza, while hopes the conflict will not spill over regionally kept oil prices subdued.

The Vietnam Banks Association has proposed a 2 per cent value-added tax reduction for credit institutions because the institutions are currently facing difficulties, with their non-performing loans and potentially risky debts tending to increase significantly.

For the first time Vietnam has established a national semiconductor network which was inaugurated on October 29 as part of the Vietnam Semiconductor Summit.

Oil prices fell Monday as Israel stepped up ground attacks on Hamas targets in Gaza but held back from a full-on incursion, fanning hopes a wider conflict can be avoided.

Vietnam plans to develop a modern seaport system in the near future, but the question remains on how to optimise the facilities.

The Hanoi Promotion Agency, in collaboration with relevant departments and agencies, launched Hanoi Mega Sale 2023 in the capital city on October 27 evening.

Bamboo Airways has announced plans to halt many international air routes, as they focus on more popular flights in the run-up to New Year and the Lunar New Year 2024.