Business

Stocks were mixed in Asia on Thursday after the previous day's rally but trading was subdued as Federal Reserve interest rate hike worries returned to the agenda with two top officials warning more tightening will be needed to slay inflation.

As many as 51,400 Vietnamese enterprises closed their doors in the first two months of this year, up 14.5 percent on-year.

The Ministry of Transport has agreed to a Vietnam Expressway Corporation’s proposal to expand the HCM City-Long Thanh Highway.

Fuel prices were again slightly reduced in the latest adjustment made by the Ministry of Industry and Trade and the Ministry of Finance on Wednesday.

The Asian Development Bank and Monsoon Wind Power Company signed a $682.55 million non-recourse project financing package to build a 600-megawatt wind power plant in Lao to export power to Vietnam.

Information relating to the loosening of credit room, and commitments from the Ho Chi Minh City People's Committee and other agencies on removing hurdles to transactions have led to experts' positive views on the future of the property market.

Vietnam’s consumer price index in February grew by 0.45 % month-on-month, fueled by higher prices of oil, petrol, gas, and rental houses, the General Statistics Office said on February 28.

Experts conducted a field trip to inspect technical and financial support for a project on the sustainable development of Ngoc Linh ginseng under forest canopy in the central province of Quang Nam.

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.

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

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

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.

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

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

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

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.