Business

Vietnam must move forward unless it wants to be saddled with the status of the “world’s factory”, heard a conference in Ho Chi Minh City.

Foreign investors have poured a total of US$15.41 billion into the country during the past seven months of the year, equivalent to 92.9% compared to the same period from last year, according to details given by the Ministry of

Authorities in the southern province of Dong Nai are planning to launch an auction for the Long Giao Industrial Cluster in Cam My District.

Standard Chartered has forecast Vietnam’s GDP growth at 10.8% in the third quarter and 3.9% in the last quarter of 2022, contributing to annual expansion of 6.7%.

Asia and the Pacific’s next tech startup “unicorn” may spring from Viet Nam, as the groundwork to build a strong ecosystem capable of supporting these businesses is well under way, according to a new report by the Asian Development Bank.

A workshop was held on July 26 in Hanoi to empower small and medium-sized enterprises (SMEs) through digital transformation and financial access.

Surging inflation and severe slowdowns in the United States and China prompted the IMF Tuesday to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse.

Up to 85% of enterprises in the processing-manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, according to a survey conducted by the General Statistics Office.

Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.

Vietnam aims for annual growth of 5-5.5% in forestry production value under the sustainable forestry development programme for 2021-2025 freshly approved by the Government.

Deputy Prime Minister Le Minh Khai has instructed concerned agencies to take measures to stabilise pork prices.

Major foreign financial institutions such as IMF, ADB, and AMRO have made different forecasts on Vietnamese inflation this year, although they all anticipate the figure to hover around 4%.

Many airlines in Vietnam have begun opening ticket sales for the Lunar New Year 2023 or Tet, earlier than usual.

Petroleum prices have fallen to a five-month low following a decision jointly released by the Ministry of Finance and the Ministry of Industry and Trade on Thursday.

Vietnam’s inflation would be kept around 4% in the second half of the year thanks to many favourable factors, according to experts.

Budget carrier Vietjet and Boeing successfully reached an agreement to reaffirm a previously announced order for 200 737 MAX aircraft during the 2022 Farnborough International AirShow in the United Kingdom.

The Asian Development Bank (ADB) lowered its economic growth forecast for developing Asia and the Pacific to 4.6% this year due to slower expansion in the People’s Republic of China (PRC), more aggressive monetary tightening in advanced economies, and

Revenues from Vietnam's information technology sector in the first six months of 2022 were estimated at 72.5 billion USD, up 17.8% year on year, according to the Ministry of Information and Communications.

The combined revenue of 17 out of 19 groups and corporations under the Commission for the Management of State Capital at Enterprises was estimated at over VND 892.16 trillion in the first half of this year.