Business

Vietnam can become the second largest digital economy in Southeast Asia in 2025, while the country’s e-commerce market will draw more large-scale businesses, forecast experts at an online seminar in Ho Chi Minh City.

Eight associations with a large labour force have proposed the Government increase the regional minimum wage from January 1, 2023 instead of July 1, 2022 as per the National Wage Council's decision.

Tax and fee reductions have contributed to bringing inflation under control in Vietnam, according to Deputy Minister of Finance Vo Thanh Hung.

Asian markets were flat on Wednesday as oil began clawing its way back up from a big drop after the International Monetary Fund downgraded its global growth forecast for 2022.

Shares nosedived on Tuesday due to the fall of banking stocks caused by massive selling at the end of the trading session.

The United States continued to be the nation’s largest export market during the first quarter of the year, accounting for 29.1% of the country's total turnover.

Shares ended Monday in negative territory on both national exchanges as investors increased selling force amid fears of a steeper downtrend.

A market displaying Ngoc Linh ginseng, the first of its kind in Vietnam, is set to open in both in-person and online forms in order to honour the ginseng as Vietnamese treasure.

Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Vietnam Macro Monitoring report recently released by World Bank.

The first two months of this year, Taiwan (China) imported the highest volume of tea from Vietnam, with 2,000 tonnes, worth US$3 million, up 3.5% in volume and 0.9% in value over the same period from last year, according

Retail and consumer service revenues enjoyed good growth in the first quarter of 2022, rising 4.4 percent from the same period last year to VND1,318 trillion (USD57.55 billion ), according to the General Statistics Office (GSO).

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The Ho Chi Minh City Economic Forum 2022, which opened on April 15 discussed policy mechanisms, challenges and solutions in boosting digital transformation and improving business competitiveness.

The mounting cost of China's zero-Covid policy threatens to derail Beijing's ambitious GDP target, analysts say, as supply chains snarl, ports face delays and Shanghai remains mired in lockdown.

Vietnamese automaker VinFast is aiming to co-operate with Amazon to integrate their Alexa voice experience into its vehicles, according to PR Newswire, the premier global provider of multimedia platforms.

Chinese auto makers warned they may have to put the brakes on production if strict Covid-19 curbs in Shanghai persist, with a top Huawei executive also sounding the alarm Friday about snarled supply chains.

The cost of living in Vietnam is currently among the cheapest compared to other countries throughout Southeast Asia, according to the newswire LivingCost.

The Vietnam – Asia Digital Transformation Summit 2022 themed “Digital Transformation Synergy” is due to take place from May 24 to 25 via a virtual and direct platform in Hanoi.

Leaders of the Mekong Delta city of Can Tho met with a visiting delegation from the Japanese Consulate General in Ho Chi Minh City on April 13 to discuss a range of potential cooperation, particularly in economic development.