Business

The consumption of Vietnamese goods has been on the rise, with over 90% of consumers prioritising products made in the country, statistics show.

Prime Minister Pham Minh Chinh attended a business forum as part of his visit to Luxembourg on December 9 (local time).

The central city of Da Nang ranked third in the country in gross regional domestic product growth in 2022 with 14.05%, heard a conference held by the municipal Party Committee on December 9.

A forum was held in the central province of Quang Nam to support small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) to expand investment and business opportunities in Vietnam.

Vietnamese and American businesses could save US$67 million thanks to administrative custom reforms, according to the United States Agency for International Development.

Ho Chi Minh City People’s Committee has proposed a growth target of 7.5-8% for its Gross Regional Domestic Product in 2023.

Vietnamese electric vehicle (EV) maker VinFast unveiled on December 7 that it has submitted a listing application under the form F-1 to the US Securities and Exchange Commission (SEC) as it prepares for an initial public offering (IPO).

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.

As many as 218 companies have won the “Prestigious Export Business” title for 2021, according to the list unveiled by the Ministry of Industry and Trade on December 5.

The International Finance Corporation, a member of the World Bank Group, has proposed a total investment of 320 million USD in three Vietnamese banks, reported the Nikkei Asia.

Businesses have been struggling to maintain and support their workers as the Lunar New Year approaches.

Thai Vietjet on December 2 resumed the only direct service between Da Lat, the city of flowers, and Thailand’s Bangkok capital after nearly three years of suspension due to the COVID-19 pandemic.

Vietnam saw nearly 194,700 newly established and re-operating enterprises in the first 11 months of 2022, according to the Ministry of Planning and Investment.

Cat fish exports have posted the strongest growth among fishery products so far this year, according to the Vietnam Association of Seafood Exporters and Producers.

Bespin Global, a cloud delivery platform company, has announced that its Vietnamese subsidiary ‘Bespin Global Vietnam’, signed an MOU with Daewoo E&C’s Vietnamese subsidiary ‘THT Development’ and 'PI.EXCHANGE', a deep-tech company based in Vietnam and Australia, to develop the

Petroleum products prices decreased from 3 pm today, December 1, marking the second consecutive fall since November 21.

The disbursement of foreign direct investment in Vietnam went up 15.1% between January and November to some 19.68 billion USD, the highest 11-month figure over the past five years.

More than 122,000 Vietnamese went to work abroad in the first 11 months of this year, achieving 135.56 percent of the year's target, according to the Ministry of Labour, Invalids and Social Affairs.