Business

Vietnamese electric vehicle (EV) maker VinFast, a subsidiary automaker of conglomerate Vingroup, held a series of ceremonies on May 27 in Hanoi, Da Nang, and Ho Chi Minh City to deliver its first batch of 27 VF 9 EVs

Vietnamese lender VPBank on March 27 signed an agreement to sell its 15% stake to Japan’s Sumitomo Mitsui Banking Corporation through a private placement.

The Hanoi Justice Department’s Property Auction Centre will hold an auction for an ATR 72-500 plane at a starting price of VND136.6 billion, excluding taxes and fees.

Amid difficulties in export markets, significant efforts are required for Vietnam to meet its goal of 4.3 billion USD in shrimp export revenue this year, said Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers.

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.

There have been positive signs for the property market's recovery, said industry experts and economists.

Deputy PM Lê Minh Khái has called on small- and medium-sized enterprises to modernise their production and business models and expedite restructuring efforts following the emerging trends of the green economy, digital economy, and circular economy.

Southern durian prices have sharply halved compared to last month.

Unlicensed tourism services have remained rampant by Luong Stream in the central city of Danang’s Lieu Chieu District despite being banned.

The Nordic Embassies in Vietnam (Denmark, Finland, Norway, and Sweden), have co-operated with the Ho Chi Minh National Academy of Politics to share their experiences on green solutions for circular economy and waste management and policy implications for Vietnam

The number of new customers of commercial banks has increased dramatically in recent years thanks to their digital applications.

Asia extended a global equities rally Wednesday as more pledges of government support soothed worries over the banking sector and provided some much-needed stability after more than a week of upheaval.

The railway sector is striving to escape losses and divest capital in many companies in 2023, the Committee for Management of State Capital at Enterprises said about the Project on Restructuring Vietnam Railways from 2021 to 2025.

As many as 52 large firms of the Unite States, including Boeing, Coca Cola, SpaceX, Netflix, and Apple, have come to Vietnam to seek cooperation opportunities in various fields.

The retail price of petrol sharply decreased as of 3pm on Tuesday following the fall in global markets.

The Silicon Valley Bank collapse by itself will end up being neutral for Vietnam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

Farmers in the Central Highlands city of Dalat are complaining about losses as local traders are selling Chinese strawberries under the Dalat brand name.

Asian markets bounced Tuesday from the previous day's rout, with lenders boosted by easing concerns of another financial crisis, while focus turned to the Federal Reserve's policy decision later in the week.

Vietnam is striving to lure more Japanese investments to digital transformation and green growth, as recommended in the Vietnam-Japan Joint Initiative.