Business

The State Bank of Vietnam has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.

The export turnover of agro-forestry-aquatic products in the third quarter of 2023 is expected to be equivalent to the figure in the same period last year, and is likely to see positive growth in the fourth quarter.

The world's largest contract manufacturer Foxconn has poured nearly USD250 million into two factories in the northern province of Quang Ninh, helping generate jobs for 2,000 people.

The Government on June 30 issued Decree No. 44/2023/ND-CP on reducing the value added tax in line with the National Assembly’s Resolution No. 101/2023/QH15 dated on June 24, 2023.

Vietnam recorded a trade surplus of about 12.25 billion USD in the first half of this year, according to data released by the General Statistics Office of Vietnam (GSO) on June 29.

Authorities in HCM City will run a promotion programme from now until September 15 with attractive discounts to increase spending.

The Vietnamese economy is continuing to encounter difficulties as it only expanded by estimated 3.72% in the first half of the year, according to statistics released by the General Statistics Office (GSO).

The flows of foreign direct investment into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said.

Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.

Several batches of Vietnamese dried chilli have been recalled in South Korea after they exceeded pesticide residues.

The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.

The southern province of Binh Duong would need some 20,000 labourers from now until the year end as local firms have received more orders from customers.

A sharp rise was recorded in the number of newly-established firms and those returning to the market in June 2023, according to the Business Registration Agency under the Ministry of Planning and Investment.

Clips promoting the northern province of Bac Giang’s lychees are currently common on TikTok.

The number and value of transactions by scanning QR codes with mobile phones increased by 151.14 percent and 30.14 percent respectively in the January-May period as non-cash payment services flourish in Vietnam.

The Ministry of Industry and Trade and Samsung Vietnam kicked off the sixth batch of the training programme for molding technicians of Vietnam on June 26.

Some airports have overloaded infrastructure, said Nguyễn Anh Dũng, deputy director of the Department of Planning and Investment, Ministry of Transport at a seminar on mobilising resources for aviation infrastructure development.

Many Vietnamese guest workers in Japan have decided to leave the country as the yen’s recent depreciation has badly affected their lives.

Vietnamese vegetables and fruits are forecast to reach a record export revenue of USD4.5 billion this year thanks to increased demand from China.