Business

The Vietnamese economy is continuing to encounter difficulties as it only expanded by estimated 3.72% in the first half of the year, according to statistics released by the General Statistics Office (GSO).

The flows of foreign direct investment into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said.

Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.

Several batches of Vietnamese dried chilli have been recalled in South Korea after they exceeded pesticide residues.

The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.

The southern province of Binh Duong would need some 20,000 labourers from now until the year end as local firms have received more orders from customers.

A sharp rise was recorded in the number of newly-established firms and those returning to the market in June 2023, according to the Business Registration Agency under the Ministry of Planning and Investment.

Clips promoting the northern province of Bac Giang’s lychees are currently common on TikTok.

The number and value of transactions by scanning QR codes with mobile phones increased by 151.14 percent and 30.14 percent respectively in the January-May period as non-cash payment services flourish in Vietnam.

The Ministry of Industry and Trade and Samsung Vietnam kicked off the sixth batch of the training programme for molding technicians of Vietnam on June 26.

Some airports have overloaded infrastructure, said Nguyễn Anh Dũng, deputy director of the Department of Planning and Investment, Ministry of Transport at a seminar on mobilising resources for aviation infrastructure development.

Many Vietnamese guest workers in Japan have decided to leave the country as the yen’s recent depreciation has badly affected their lives.

Vietnamese vegetables and fruits are forecast to reach a record export revenue of USD4.5 billion this year thanks to increased demand from China.

The new Board of Directors of Bamboo Airways elected Hideki Oshima, former executive officer at Japan Airlines, as its new chairman following the firm’s annual general meeting of shareholders 2023 in Hanoi on June 21.

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2023, which is its annual activity to recognise efforts to develop the prestige and brands of the financial-banking sector.

Bond yields in emerging East Asia declined from March to May amid easing inflationary pressure in the region and slower monetary tightening in the United States, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.

South Korea has been ordered to pay hedge fund Elliott $53.6 million in damages over the controversial 2015 merger of two Samsung affiliates, Seoul's justice ministry said Tuesday.

Vietnam's economic growth continued to face challenges which were seen in a slowdown in industrial production and declining exports due to weak external demand and global uncertainties, the World Bank’s June edition on Vietnam Macro Monitoring showed.

The State Bank of Vietnam has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.