Business

Vietnam attracts nearly US$535.4 million in FDI over two-month period

The country attracted nearly US$535.4 million in foreign direct investment in the first two months of the year, a decline of 85.1% against the same period from last year, according to the Ministry of Planning and Investment.

Real estate market to recover by Q3: experts

With the Government’s drastic measures to address problems related to legal bottlenecks, lack of capital access, and challenges in corporate bonds, the real estate market is expected to recover from the third quarter, experts have said.

Asian markets drop on rate fears as US inflation runs hot

Asian markets sank Monday following a Wall Street selloff, as forecast-beating US inflation data reinforced expectations the Federal Reserve would continue to ramp up interest rates for some time.

Vietnamese banking brands climb in value

Vietnamese banking brands are riding high with a growth of 31.3 per cent in brand value in 2023, according to Brand Finance Banking 500 Report.

Domestic airlines doing well but challenges ahead

The Vietnamese aviation industry is getting back on its feet but recovery is not evenly shared across segments.

Modi calls for World Bank reform at G20 finance meet

Indian Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.

HCM City high-end apartments remain empty despite steep fall in rents

While rents for affordable apartments remain steady in HCM City, they have fallen sharply and continue to do so in the case of high-end apartments.

Vietnam to have 16 more railway lines by 2030

Vietnam’s railway network planning expects to have 16 new national lines with a total length of about 4,802km by 2030.

Danang property prices sharply fall

Property prices in the central city of Danang have fallen by 25-30 percent compared to last year.

Durian export surge pays off for Mekong Delta growers

Durian growers in the Mekong Delta region are earning big thanks to a surge in fruit exports to China.

Vietnamese airports see passenger surge

Vietnamese airports have served 19.7 million passengers so far this year, up 91.5 percent on-year, according to the Civil Aviation Authority of Vietnam.

Vietnam needs radical solutions to protect value of agricultural products, “rescues” don’t help

Vietnam needs to raise radical solutions to build an agricultural production industry based on the market demand together with promoting markets and protecting value for farm produces, critical to prevent arbitrary abuse of “rescues” which don’t really help, experts said.

Dong Nai to export 500,000 tonnes of bananas this year

The southern province of Dong Nai has set a target of exporting 500,000 tonnes of fresh bananas this year.

Hong Kong unveils US$97 billion post-pandemic budget

Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

Falling interest rates facilitate production and business sectors

Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business and production, including real estate.

Deputy PM urges site clearance deadline for Long Thanh airport

Deputy PM Tran Hong Ha has asked the southern province of Dong Nai and the Airports Corporation of Vietnam to hand over the remaining land for the construction of Long Thanh International Airport.