Business

Vietnam needs to develop a state investment fund to attract foreign indirect investment as an additional source of capital for economic development, said Chairman of the State Capital Investment Corporation Nguyễn Chí Thành as quoted by Đầu tư (Investment) newspaper.

The People's Committee of Quang Tri province unveiled on February 13 that the first batch of 15 tonnes of organic rice had been officially exported to the EU.

Garlic growers in Ly Son Island in the central province of Quang Ngai are facing great losses due to the unfavourable weather.

Vietnam Airlines has officially resumed the Hanoi – Kuala Lumpur route with four flights a week on Monday, Thursday, Friday, and Sunday.

Vietnam is believed to be a lucrative market for digital economy with the second fastest growth pace in the world last year, after India.

As an economic locomotive, Ho Chi Minh City has always led the country in terms of investment attraction, drawing the attention of foreign investors from around the world.

Vietnam climbed seven positions in the Government AI Readiness Index 2022, ranking 6th among ASEAN countries and 55th globally, as shown in the latest report issued by the UK’s Oxford Insights.

Real estate enterprises will continue to face headwinds in 2023 due to challenges related to accessing loans, issuing corporate bonds and mobilising capital, experts warned.

The Ministry of Agriculture and Rural Development has held an agricultural product connection forum, which focused on seeking ways to promote farm produce trade between Vietnam and China.

Vietnam’s automobile imports continued rising in January with 14,457 units, and a total value of USD 314.50 million, according to the General Department of Vietnam Customs.

The exports of Vietnamese farm produce to China have been on the rise, which is a major factor in higher domestic fruit prices.

Vietnam encourages partners and investors to engage in digital transformation, green transition, circular economy, innovation, and hi-tech and low-emission development in the country, Prime Minister Pham Minh Chinh stated while attending a Vietnam – Singapore business forum on February

Asian markets tracked another loss in New York on Friday as interest rate hike fears course through trading floors after last week's blockbuster jobs report.

A flight of Vietravel Airlines departing from Tan Son Nhat International Airport in Ho Chi Minh City landed at Suvarnabhumi Airport in Bangkok at noon on February 9, marking the airline's first commercial route linking the two major cities

The Vietnamese aviation market is forecasted to fully recover by the end of this year, according to the Civil Aviation Authority of Vietnam.

Inflation in the Association of Southeast Asian Nations (ASEAN) is expected to moderate faster than that in the developed economies, ANZ Bank chief economist Sanjay Mathur has said.

The HCM City Real Estate Association has asked the State Bank of Vietnam to help local firms get easier access to bank loans to overcome huge difficulties posed by low liquidity in the local market.

Right from the beginning of 2023, many banks have announced their plans for merge and acquisition deals and capital increase.

Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report.