Business

Some banks have announced plans to pay cash dividends to shareholders for the first time in three years.

Vietnam remained the third largest seafood supplier to the Republic of Korea (RoK) last year with the country’s seafood market share as part of the RoK’s total imports reaching 10.2%, according to statistics released by the Korea Customs Service.

It will not be easy to keep inflation at 4.5% this year as targeted, economic expert Nguyen Bich Lam, former General Director of the General Statistics Office (GSO), has said.

Despite a downturn in the export of aquatic products in the first month of 2023, exporters remain optimistic that the market will recover from the second quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers.

HCM City will need to employ between 280,000-320,000 people in 2023 with nearly 60 percent of the number expected to join in nine key service industries, according to the Human Resources Forecast and Labour Market Information Centre.

Businesses should be made the centre of innovations and a development focus of the industry and trade sector, Prime Minister Pham Minh Chinh said at a conference in Hanoi on February 3.

Nearly 9,000 petrol stations nationwide have sent a group letter to PM Pham Minh Chinh, asking for his support to amend petrol trading regulations.

Authorities in the northern city of Haiphong today, February 2, started construction of the Lai Xuan Bridge crossing the Da Bach River that connects the city's Thuy Nguyen District with Dong Trieu Town in Quang Ninh Province.

The race of interest rate hikes among commercial banks is showing signs of cooling down as many banks have adjusted down the rate by several percentage points per year after the Lunar New Year (Tết) holiday and have set

A company in the Central Highlands province of Dak Lak has exported 10 banana containers to China, the first to the neighbouring country so far this year.

The Ho Chi Minh City Stock Exchange (HOSE) hosted a gong-beating ceremony on January 31, marking the first trading session of the Vietnamese stock market in Spring 2023.

Asian markets sank Tuesday following a big selloff on Wall Street and ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to lift the mood.

Vietnam reported 10,800 newly-established enterprises in January, an increase of 0.7 percent over the previous month, according to the General Statistics Office.

The ministries of Industry and Trade, and Finance have sharply raised retail petrol prices from Monday afternoon.

A number of herbs and spices imported by the EU from Vietnam will face fewer checks when entering the bloc.

Nearly 100 petrol stations nationwide were closed during the Tet Lunar New Year holiday, claiming they had run out of stock and lacked employees.

Stocks mostly fell Monday as traders struggled to maintain momentum from last week's rally, though Shanghai advanced as mainland Chinese markets reopened after a week-long Lunar New Year break.

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio, according to industry insiders.

Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).