Business

Vietnam’s luxury coastal real estate market is facing significant challenges due to excess inventory and liquidity issues, industry insiders said.

The Federation of Thai Industry (FTI) has reduced its car production target for 2023 to 1.9 million units from 1.95 million units set at the beginning of the year, due to a drop in domestic vehicle sales and an

Air tickets for flights scheduled to depart for the September 2 National Day Holiday have sharply increased.

Vietnam attracted nearly US$16.24 billion in foreign direct investment during the past seven months of the year, as reported by the Foreign Investment Agency under the Ministry of Planning and Investment.

Thanh Hoa’s Enterprise Association Chairman Nguyen Van Thanh has called for flights from the northern central province of Thanh Hoa’s Tho Xuan Airport to southern localities to be reopened.

The Civil Aviation Authority of Vietnam (CAA) said that it would give its best efforts to negotiate to keep slots at foreign airports for Vietnamese carriers.

The benchmark VN-Index increased for the fourth consecutive trading session on July 26 to surpass 1,200 points, the highest in 10 months.

HCM City received 2.30 million foreign visitors in the first seven months of this year, an increase of 208.30 percent compared to the same period last year with business travel numbers showing signs of improvement.

Shrimp experts and businesses gathered at the Shrimp Summit 2023 in Ho Chi Minh City to seek measures to tackle challenges facing the shrimp sector in Asia and the globe, ensuring the sustainability and climate change resilience of the sector.

Vietnam and Israel signed a bilateral free trade agreement in Jerusalem on July 25, creating a legal corridor for the two countries to promote economic development and trade exchanges.

The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.

Remittances to HCM City have seen a surge of 37 per cent in the first half of 2023, reaching a total of US$4.33 billion, according to the State Bank of Vietnam (SBV).

Vietnamese rice prices have surged after India, the world's largest supplier, announced a ban on non-basmati white rice exports.

More than 400 businesses from 22 nations and territories have registered to join the 21st international medical, hospital and pharmaceutical exhibition (Vietnam Medipharm Expo), which will take place in Ho Chi Minh City from August 3-5.

The southern province of Binh Duong is planning to build 87,000 social housing units during the 2021-2030 period.

Despite a bright outlook predicted for rice exports in the second half of 2023, the rice sector still needs more support to shift from quantity to quality to seize global market opportunities.

The Asian Development Bank has appointed Shantanu Chakraborty as its new Country Director for Vietnam.

Prices of apartments in Hanoi have increased by 73 percent since the first quarter of 2019 according to a report on the local real estate market in the second quarter of 2023 released by real estate consultancy company Savills Vietnam.

Petroleum prices have considerably increased from 3 pm today, July 21 after a decision by the Ministry of Industry and Trade and Ministry of Finance.