Business

Prime Minister Pham Minh Chinh visited tech giants Intel, Apple and Google in Silicon Valley on May 17 as part of his ongoing trip to the United States at the invitation of US President Joe Biden.

Reforming and modernising State-owned-Enterprises remains a key objective and high priority of the Government, said finance minister Hồ Đức Phớc at a conference discussing Vietnam’s SoEs equitisation and management of State capital.

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.

Vietnamese Prime Minister Pham Minh Chinh held a working session at the New York Stock Exchange (NYSE) on May 16 (local time) as part of his trip to the US.

The Regional Comprehensive Economic Partnership, which entered into force on January 1, 2022, is expected to boost Vietnam’s export and improve its access to large consumer markets, according Standard Chartered Bank.

Despite trade activities between the nation and South American nations seeing growth in recent times, it remains far from fulfilling its full potential, especially for the textile and garment sector, according to industry insiders.

The demand for rented office space in HCM City has sharply risen after the Covid-19 pandemic.

The aviation market in Vietnam is vibrant and recovering with the number of international visitors increasing five-fold, according to experts.

More than 100 Chinese dealers have been permitted to enter and purchase lychees in Luc Ngan district of Bac Giang province which is noted for lychee growing in Vietnam.

Hoa Phat Group and four commercial banks of Vietnam have been named in this year’s Forbes list of the world’s 2,000 largest companies (Global 2000).

Shanghai announced a gradual reopening from Monday of businesses, though it remains unclear when the millions of people still locked down in China's economic capital will finally be allowed out of their homes.

The HSBC has forecast that Vietnam's inflation will increase 3.7 percent, still below the inflation ceiling of 4 percent set by the State Bank of Vietnam (SBV).

Emirates airline announced a "significantly reduced" annual loss of $1.1 billion dollars on Friday, down from $5.5 billion a year earlier, as pandemic travel restrictions ease.

Authorities in the northern city of Hai Phong on Friday held the groundbreaking ceremony for the Ben Rung Bridge which will connect the city's Thuy Nguyen District and Quang Yen Town in the neighbouring province of Quang Ninh.

The Vietnamese economy is anticipated to enjoy positive growth of roughly 6% this year, while inflation is forecast to be at between 4% and 4.5%, according to financial experts.

The Government of Vietnam views the economic, trade, investment and financial relations with the US as a strong driver for boosting the bilateral comprehensive partnership, Prime Minister Pham Minh Chinh told US Trade Representative Katherine Tai in their Washington

Many pig and poultry farms in the southern province of Dong Nai are facing big losses due to the rising price of animal feed.

Vietjet will open two direct routes connecting Vietnam’s capital city of Hanoi to Japan’s third and fourth biggest cities, Nagoya and Fukuoka, in early July.

Vietnam is likely to rank second in Asia this year in terms of pork consumption, according to the Organization for Economic Co-operation and Development.