Business

Standardising fruit quality can open up new markets for Vietnam: Insiders

There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.

Foreign investment surpasses 24.78 billion USD in 9 months

This year’s total registered foreign investment, including new capital, adjustments, and capital contributions via share purchases, exceeded 24.78 billion USD as of September 30, up 11.6% year-on-year.

Crude stable after Israel-Iran surge, Hong Kong stocks resume gains

Oil prices stabilised Friday after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack, while shares in Hong Kong resumed their rally on a mixed day for equity markets.

Government eyes 7% GDP growth in 2024

The Government is striving to register an economic growth rate of 7% for the whole year, higher than the National Assembly (NA)’s target of 6-6.5%.

Petrol prices fall sharply in Thursday adjustment

Domestic retail petroleum prices dropped sharply at 3 pm today, October 3, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.

Ireland, Vietnam ramp up economic and trade links

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan and Irish Minister for Enterprise, Trade and Employment Peter Burke signed a MoU on economic and trade ties between the two ministries.

Positive signals for Vietnamese exports in final months

Vietnamese exports are expected to enjoy positive signals ahead in the remaining months of the year thanks to the combined efforts of local businesses and results during the nine-month period, according to insiders.

HCM City seeks to unlock investment potential of remittances by overseas Vietnamese

Ho Chi Minh City plans to create funds for overseas Vietnamese seeking to invest in real estate and small and medium-sized enterprises, and buy bonds for funding infrastructure.

Garment - textile industry pins high hopes on FDI inflows

Vietnam has so far attracted 3,500 foreign direct investment projects in the garment - textile industry with a combined value of 37 billion USD, according to the Vietnam Textile and Apparel Association.

IMF forecasts Vietnam's economic growth to reach 6.1 % in 2024

Vietnam's economic growth is projected to recover to 6.1% in 2024, supported by continued strong external demand, resilient foreign direct investment and accommodative policies, according to the International Monetary Fund.

Oil extends rally after Iran attack, Hong Kong resumes surge

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an escalation in the Middle East.

Supplement essential vitamins with A12 MOM to promote a healthy gestation

A12 MOM supports women's nutritional needs before pregnancy by providing essential vitamins and zinc to enhance maternal resistance and promote fetal development.

Central bank takes bold actions to stablise gold market

The State Bank of Vietnam is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities and stabilise the gold market.

Google to invest $1 billion in Thailand

Google plans to invest $1 billion to build digital infrastructure in Thailand, including a new data centre, the US tech giant has announced, saying the move would support 14,000 jobs in the kingdom.

HSBC keeps Vietnam’s GDP growth at 6.5% for 2024, 2025

HSBC has maintained its GDP growth forecast for Vietnam at 6.5% for both 2024 and 2025 in its “Asian Economics Quarterly – Comin’ for a landing” report.

Capital market could be major financial source for private sector: WB

The Vietnamese equity market boasts strong potential to become a major source of financing for the private sector, according to specialists from the World Bank.

Tokyo stocks dive on strong yen as Hong Kong, Shanghai extend rally

Stocks plunged more than four percent in Tokyo on Monday after the yen surged in reaction to Shigeru Ishiba's election last week as the head of Japan's ruling party, which boosted expectations the Bank of Japan will continue hiking

Deli Group breaks ground for 270 million USD stationery factory in Hai Duong

China’s Deli Group broke ground for its new stationery manufacturing plant at the Dai An Expanded Industrial Park in the northern province of Hai Duong on September 28.

Agricultural, forestry and fishery trade turnover reaches nearly $70 billion

Since the beginning of the year to mid-September, Vietnam's agricultural, forestry, and fishery trade turnover reached approximately US$69.84 billion, according to the General Department of Customs.

Real estate companies still face pressure on capital sources

While some real estate companies have paid large dividends to investors, many others in the sector still have to struggle to rotate capital sources to pay debts and reinvest.

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