Business

Service sector to account for 60 percent of HCM City workers

HCM City will need to employ between 280,000-320,000 people in 2023 with nearly 60 percent of the number expected to join in nine key service industries, according to the Human Resources Forecast and Labour Market Information Centre.

Businesses should be development focus: PM

Businesses should be made the centre of innovations and a development focus of the industry and trade sector, Prime Minister Pham Minh Chinh said at a conference in Hanoi on February 3.

Nearly 9,000 petrol stations call for support from PM

Nearly 9,000 petrol stations nationwide have sent a group letter to PM Pham Minh Chinh, asking for his support to amend petrol trading regulations.

Construction work starts on Haiphong - Quang Ninh bridge

Authorities in the northern city of Haiphong today, February 2, started construction of the Lai Xuan Bridge crossing the Da Bach River that connects the city's Thuy Nguyen District with Dong Trieu Town in Quang Ninh Province.

Banks lower saving interest rates right after Tết

The race of interest rate hikes among commercial banks is showing signs of cooling down as many banks have adjusted down the rate by several percentage points per year after the Lunar New Year (Tết) holiday and have set

Dak Lak exports first bananas to China

A company in the Central Highlands province of Dak Lak has exported 10 banana containers to China, the first to the neighbouring country so far this year.

First Spring 2023 trading session of stock market opens

The Ho Chi Minh City Stock Exchange (HOSE) hosted a gong-beating ceremony on January 31, marking the first trading session of the Vietnamese stock market in Spring 2023.

Asian markets take fresh hit as nervous traders await Fed meeting

Asian markets sank Tuesday following a big selloff on Wall Street and ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to lift the mood.

10,800 new enterprises established in January

Vietnam reported 10,800 newly-established enterprises in January, an increase of 0.7 percent over the previous month, according to the General Statistics Office.

Petrol prices sharply increase in latest adjustment after Tet holiday

The ministries of Industry and Trade, and Finance have sharply raised retail petrol prices from Monday afternoon.

Many Vietnamese spices removed from the EU's control list

A number of herbs and spices imported by the EU from Vietnam will face fewer checks when entering the bloc.

Nearly 100 petrol stations shut down during Tet holiday

Nearly 100 petrol stations nationwide were closed during the Tet Lunar New Year holiday, claiming they had run out of stock and lacked employees.

Markets lose ground as traders await rate decisions

Stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

State-owned banks under capital increase pressure

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio, according to industry insiders.

January FDI nears 1.7 billion USD

Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).

RoK tops list of countries with most foreign visitors to Vietnam

The Republic of Korea (RoK) topped the list of countries and territories with most foreign visitors to Vietnam in January 2023, the General Statistics Office of Vietnam (GSO) announced on January 29.

January’s CPI increases 0.52% due to high Tet demand

Vietnam’s consumer price index (CPI) in January edged up by 0.52 % month-on-month, fueled by high consumer demand for the Lunar New Year or Tet which fell in the same month, the General Statistics Office said on January 29.

Vietnam among world’s 10 biggest recipients of remittances

Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development.

New expressways in Mekong Delta expected to create socio-economic breakthroughs

A number of expressways have been built or are under construction in the Mekong Delta, enabling the region to keep up with the rapid socio-economic development momentum of the rest of the country.

Hai Phong aims to become an international logistics centre

Hai Phong aims to become a regional and international logistics centre due to its many advantages as a transportation hub for all five types of traffic, including sea, road, air, railway, and inland waterways.

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