Business

The Ministry of Planning and Investment (MPI) has unveiled a draft proposal to develop HCM City, Vietnam's largest economic hub, into an international financial centre.

The Vietnam Railway Authority is seeking Ministry of Transport approval for the planning of a VND179 trillion (USD7.2 billion) railway project in Vietnam's northern region.

Remittances sent by overseas Vietnamese to Ho Chi Minh City are expected to surge about 10% in 2024 from a record high of 9.46 billion USD in 2023, according to Nguyen Duc Lenh, Deputy Director of the State Bank

Many programmes on promoting consumption until year end have been launched to boost domestic consumption growth, one of the three important pillars of the economy.

Pang Te Cheng, the consul general of Singapore in Ho Chi Minh City, expressed his hope that the southern province of Ba Ria - Vung Tau will create the optimal conditions for Singaporean firms to invest in the fields

The Investment, Trade and Industry Ministry (MITI) of Malaysia has initiated an anti-dumping investigation into steel wire rods originating from China, Indonesia, and Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

Michelin reaffirms its brand's innovative DNA by launching the new advertising campaign "On the Road and Beyond".

Many lobster farmers in the southern province of Phu Yen face losses after China, their key export market, began buying only small-sized lobsters.

The State Bank of Vietnam is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.

The diversification of global supply chains is creating significant opportunities for Vietnam to engage more deeply in international production networks.

Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.

A total of 134 out of 671 State-owned enterprises had reported cumulative losses amounting to 115.3 trillion VND (4.6 billion USD) in 2023.

The upcoming official visit to Vietnam by Chinese Premier Li Qiang is expected to create more opportunities for expanding economic, trade, and investment cooperation between the two nations, according to experts.

The 100 most valuable Vietnamese brands in 2024 were honoured at a ceremony held by Consultancy Vietnam Brand Purpose and global consultancy Brand Finance in Ho Chi Minh City on October 11.

Automaker VinFast, a subsidiary of conglomerate Vingroup, has announced it delivered more than 9,300 cars to customers in September, securing the leading position in the Vietnamese automobile market in the month.

The Vietnam Elevator Expo, the largest and only exhibition of its kind in the country, will take place from December 5-7, 2024 in Ho Chi Minh City.

HSBC has lifted its 2024 gross domestic product (GDP) growth forecast for Vietnam to 7.0% from 6.5% after the country recorded stronger-than-expected growth in Q3 despite the devastation left by Typhoon Yagi.

Auto sales by members of the Vietnam Automobile Manufacturers’ Association reached 36,585 units in September, a 45% increase over the previous month, following the implementation of a 50% reduction in registration fees for domestically manufactured and assembled vehicles.

Domestic retail petroleum prices saw an uptick at 3 pm today, October 10, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.