Business

Vietnamese PM Pham Minh Chinh and US President Jose Biden have agreed to turn technology, innovation, and investment into a truly new important pillar of the countries’ freshly established comprehensive strategic partnership.

TPBank has partnered with the DFC to promote comprehensive financing during the visit of President Joe Biden to Vietnam.

Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank.

ADB, GreenYellow have signed a loan agreement of up to $13.8 million for rooftop photovoltaic solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Vietnam.

Currently, the UK imports a lot of fresh and frozen tuna products from Vietnam, accounting for 99% of its export turnover, according to the Vietnam Association of Seafood Exporters and Producers.

How to transform economic models towards green growth to achieve net zero emissions will top the agenda of the fourth HCM City Economic Forum to take place next week.

Vietnam remains an attractive destination for foreign businesses and customers throughout the HSBC network have continued to show very strong interest in the Vietnam story, the Hongkong and Shanghai Banking Corporation Limited said in its recent survey.

The Australian Trade and Investment Commission, in partnership with the Vietnam Foreign Investment Agency, Ministry of Planning and Investment, delivered the second forum in HCM City on 8 September.

Vietnam’s aquatic export recovery has yet to meet expectations although the negative growth rate has been eased, prompting businesses to further explore small markets in order to raise their sales.

Stocks sank again Friday after another report pointing to a resilient US jobs market added to the misery for investors who fear the Federal Reserve is not finished with its campaign of monetary tightening.

Global investors' attention is shifting to Vietnamese stocks, which have a higher long-term rate of return (ROR) than stocks in other emerging markets in the region and the world.

Asian investors took fright Thursday at a forecast-busting reading on the US services sector that revived speculation the Federal Reserve could lift interest rates again, compounding a spike in oil prices that has fanned fresh inflation fears.

Ride-hailing firm Gojek Vietnam has just launched an electric motorbike taxi service in HCM City.

Outstanding loans to the real estate sector in the first half of 2023 surged by 17.4%, exceeding the 10.7% growth rate of the whole of 2022, according to data from the State Bank of Vietnam.

The global trade finance gap grew to a record $2.5 trillion in 2022 from $1.7 trillion two years earlier, as rising interest rates, flagging economic prospects, inflation, and geopolitical volatility reduced the capacity of banks to deliver trade financing,

National flag carrier Vietnam Airlines continues to increase flight frequency on routes to Europe, Australia, and China, thereby restoring nearly 90% of its pre-pandemic international flight network.

Most Asian markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest rate hike.

Prime Minister Phạm Minh Chính has signed an official telegram to relevant ministries and agencies asking for efforts to ensure adequate power and petroleum supply.

Petroleum prices have been raised from 3 pm today, September 5 following a decision by the Ministry of Industry and Trade and Ministry of Finance.