Business

Asian markets fell on Monday as traders weighed the prospect of a global recession caused by central bank moves to fight inflation.

According to batdongsan.com.vn, Vietnam's leading real estate trading website, the domestic rental market had a bright start in 2022, although it began to decline in the second quarter.

Shares are expected to move positively this week thanks to supporting macro information with the VN-Index heading to the resistance area around 1,070 points.

More than 90% of Tra fish (Pangasius hypophthalmus) available in the US market comes from Vietnam, said Vietnamese Commercial Counsellor in the US Do Ngoc Hung citing statistics from the US Department of Agriculture (USDA).

Prime Minister Pham Minh Chinh chaired the plenary session of the fifth Vietnam Economic Forum in Hanoi on December 17.

The fifth Vietnam Economic Forum is scheduled to take place in Hanoi on December 17 to examine ways to stabilize the macro-economy, ensure major balances, and firmly overcome challenges in 2023.

Vietnam's real estate market is unlikely to boom next year, according to experts.

Prime Minister Pham Minh Chinh attended a Vietnam-Belgium Business Forum in Brussels on December 15 (local time), within the framework of his official visit to the European country.

Nguyen Hai Nam, Director of Ho Chi Minh City Port Authority, has proposed speeding up the construction of the international transshipment port in Can Gio District.

The Ministry of Finance has just submitted to the Government a draft decree on trading private placement of corporate bonds in the domestic market and offering bonds to international markets.

Saigon General Corporation (Savico) has just announced upcoming changes to the leadership of its Board of Directors at an extraordinary general meeting of shareholders.

Vietnamese air carrier Vietravel Airlines on December 16 launched a route linking Hanoi (Vietnam) and Bangkok (Thailand), marking the company’s first international air service since its debut two years ago.

Vietnam recorded a trade value of USD700 billion by December 15, the highest figure so far, the General Statistics Office has announced.

At least USD300 million in private investments in Vietnam is expected to be unlocked by a new partnership between the International Finance Corporation and the Australian Government.

VinFast, Vietnam’s first electric vehicle (EV) manufacturer, on December 14 (US time) announced the opening of four more stores in Los Angeles and Orange County of the US’s California state.

Overseas remittances to HCM City are expected to reach around USD 6.8 billion this year, according to the deputy director of the State Bank of Vietnam’s HCM City Branch.

Vietnam supports the Federation of the European Sporting Goods Industry to develop its production system of footwear and sporting goods in the country, an official has said.

Two drivers of Vietnam's economic growth – exports and domestic demand – are moderating, according to a report by the World Bank.

Construction on Lien Chieu Seaport in Danang City, the biggest of its kind in the central region of Vietnam, was started this morning, December 14.