Business

Drastic measures are needed for HCM City to address a series of problems in a bid to speed up recovery, experts say.

The Asian Development Bank (ADB), in partnership with the Association of Southeast Asian Nations Plus Three (ASEAN+3) finance ministers and central bank governors, today launched the report “Reinvigorating Financing Approaches for Sustainable and Resilient Infrastructure in ASEAN+3”.

The Asian Development Bank (ADB) today announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark programme which could significantly ramp up support for the region in the battle against climate change.

Under a new initiative approved by Deputy Prime Minister Tran Hong Ha, at least one million homes will be built for low-income and industrial park workers by 2030.

Foreign businesses dominated the online travel agency channel in Vietnam, according to The Outbox Company's Most Loved Ranking, which surveyed Vietnamese travellers' preferences and awareness in Q1/2023.

Vietjet will increase the frequency of flights between Ho Chi Minh City and Melbourne and Sydney (Australia) to respond to the big demand for visiting relatives, traveling and studying abroad of people and tourists.

Vietnam’s foreign direct investment (FDI) attraction policy has been improved significantly as foreign investors are now allowed to pour capital into almost areas, a businessperson has said.

The Ministry of Industry and Trade has introduced regulations for the sales of products under the One Commune One Product programme.

Vietnam is the third largest mango supplier for the Republic of Korea (RoK) in the world, but the imports from Vietnam only account for 5.8% of the Asian country’s total, the Import - Export Department under the Ministry of

Local rubber exports to the Netherlands during the first quarter of the year reached 3,030 tonnes, worth US$4.38 million, representing a rise of 31.2% in volume and 11.3% in value on-year, according to figures given by the Import and

Hong Kong budget carrier HK Express has launched an air route linking Hong Kong and Noi Bai International Airport in Hanoi.

Vietravel Airlines will receive three more aircraft in the third quarter of this year, raising its fleet to six.

Ho Chi Minh City led the nation in exports last year as unveiled by the Ministry of Industry and Trade in its annual report on imports and exports.

Samsung Electronics on Thursday reported its worst quarterly profits in 14 years, blaming slowing consumer spending on electronics and a global microchip glut that hit its core memory business.

The northern border gates have been restored after three years of stagnation, helping Vietnam's import-export turnover with China through the northern border provinces increase by 242% in the first quarter of this year over the same period last year.

The Organisation for Economic Cooperation and Development has forecast that Vietnam’s economy will grow firmly, with its GDP projected at 6.5% in 2023 and 6.6% next year.

Four State-owned commercial joint stock banks in Vietnam have reached a high consensus on the State Bank of Vietnam's policy on reducing interest rates in the coming time.

HCM City received more than US$2.1 billion in remittances in the first quarter of the year, a surge of 19 per cent year-on-year, according to the State Bank of Vietnam.

Vietnam attracted a total committed foreign direct investment of nearly 8.80 billion as of April 20, 2023, down 17.90 percent year-on-year, according to the Ministry of Planning and Investment.