Business

Moody's Investors Service has raised the ratings of 12 Vietnamese banks following its upgrade of Vietnam's sovereign rating to Ba2 from Ba3.

Retail petroleum prices declined from 3 pm on September 12 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The Ministry of Transport’s Vietnam Maritime Administration (VinaMarine) is collecting feedback from other ministries and agencies on a draft project to develop Vietnam’s international merchant fleet.

Vietnam is striving to develop a modern and internationally integrated labour market, considering it a key to a strong connection with the global labour market and ensure the harmonisation of the domestic labour market.

The US Department of Commerce has delayed a final verdict on Vietnamese stainless steel plates (belt and strip) for the fifth time, according to the Vietnamese Ministry of Industry and Trade.

A community one-stop-shop model called DOME was officially launched on September 8 in Ho Chi Minh City, piloting the first six shops with health services for HIV prevention and treatment.

Vietnam reported a sharp rise in pork exports in July with an increase of 343.70 percent in quantity and 104 percent in value compared to the same period last year.

Vietnam passed the Republic of Korea to lead the consumption per capita of instant noodles in the world in 2021, according to the World Instant Noodles Association.

Vietnamese durians have been officially exported to China from today, September 8.

Ho Chi Minh City’s digital economy is hoped to account for 25% of the southern hub’s gross regional domestic product (GRDP) by 2025.

A ceremony was held on September 6 in order to launch a sea transport service connecting with the rail route in order to help with the transport of goods from Vietnam to Vladivostok port in Russia.

The Finance Ministry said on September 6 that Moody’s Investors Service has upgraded Vietnam’s long-term issuer and senior unsecured ratings to Ba2 from Ba3 and changed the outlook to stable from positive.

The nation and Denmark boast huge potential to expand future bilateral co-operation, especially in terms of green growth.

Vietnam spent a total of US$240 million importing auto parts and accessories during the first half of August, with Chinese-origin parts increasing sharply, according to details given by the General Department of Vietnam Customs.

Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the norms and are expected to complete the work soon.

Petroleum prices in Vietnam fell slightly but that of oil went up sharply from 3 pm on Monday following the government's latest adjustment.

The central city of Da Nang is recovering by focusing more on branded tourist real estate projects in the first half of 2022.

Vietnamese Trade Office in France and the Vietnamese Embassy in France and their partners, have recently introduced the Vietnamese rice brand in hypermarkets in France.

HCM City topped the country in foreign direct investment in the first eight months of 2022, according to the Ministry of Planning and Investment’s Foreign Investment Agency.