Business

Vietnam would need 312.6 trillion VND (13.3 billion USD) to develop the seaports system by 2030, according to the Ministry of Transport.

ASEAN economies must strengthen their positions in global value chains to bolster resilience against new challenges including future pandemics, geopolitical instability, and climate change, says a report released today by the Asian Development Bank.

Vietnam attracted 2.7 million foreign tourists in the first quarter of this year, representing an on-year rise of 29.7 times.

Roughly 60,000 Vietnamese enterprises closed their doors in the first three months of this year, representing an on-year increase of 17.4 percent.

Vietnam has reported an on-year gross domestic product growth of about 3.32 percent in the first quarter of this year, the growth nears the 13-year lowest level, according to the General Statistics Office.

The Government has recently urged ministries to take measures to help the realty sector get back on track and sustain its healthy growth.

Around 10,000 discounted tours will be offered at Vietnam International Travel Mart 2023 which is scheduled to take place in Hanoi next month.

Vietnam attracted nearly 5.45 billion USD worth of foreign investment in the first quarter of the year, down 39% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam’s consumer price index (CPI) in the year’s first quarter edged up around 4.3% year-on-year, showed official data.

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

Vietnamese electric vehicle (EV) maker VinFast, a subsidiary automaker of conglomerate Vingroup, held a series of ceremonies on May 27 in Hanoi, Da Nang, and Ho Chi Minh City to deliver its first batch of 27 VF 9 EVs

Vietnamese lender VPBank on March 27 signed an agreement to sell its 15% stake to Japan’s Sumitomo Mitsui Banking Corporation through a private placement.

The Hanoi Justice Department’s Property Auction Centre will hold an auction for an ATR 72-500 plane at a starting price of VND136.6 billion, excluding taxes and fees.

Amid difficulties in export markets, significant efforts are required for Vietnam to meet its goal of 4.3 billion USD in shrimp export revenue this year, said Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers.

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.

There have been positive signs for the property market's recovery, said industry experts and economists.

Deputy PM Lê Minh Khái has called on small- and medium-sized enterprises to modernise their production and business models and expedite restructuring efforts following the emerging trends of the green economy, digital economy, and circular economy.

Southern durian prices have sharply halved compared to last month.

Unlicensed tourism services have remained rampant by Luong Stream in the central city of Danang’s Lieu Chieu District despite being banned.