Business

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.

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

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.

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.

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.

Vietnamese banks' profitability is expected to be squeezed following their provision of debt relief to support borrowers affected by a recent deadly typhoon, according to the latest report by S&P Global Ratings.

Hong Kong and Shanghai ploughed on with their China-fuelled rally Friday on hopes that Beijing will press on with new plans to boost the world's number two economy.

Vietnam has been ranked 44th out of 133 countries and economies in the Global Innovation Index 2024 report, up two notches compared to the 2023 ranking.

Petroleum prices rose at 3 pm today, September 26, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.

Tech firms led an Asian market rally Thursday on renewed optimism about demand for AI equipment following a strong earnings outlook from US chip giant Micron.

The Asian Development Bank projects a positive economic outlook for Vietnam, forecasting its gross domestic product growth at 6.0% in 2024 and 6.2% in 2025.

In the draft strategy for the development of Vietnam's automobile industry until 2030, the Ministry of Industry and Trade has outlined a target of 1-1.1 million cars sold, with an average annual growth rate of 14-16 per cent.

The mid-range segment accounts for 98% of the total supply of apartments in Hanoi, while the high-end segment constitutes a mere 2%, CEO of Indochina Capital Michael Paul Piro told a press briefing in Hanoi.

Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two economy.

Thirty-two out of 40 commercial banks have registered to provide a total of VNĐ405 trillion in preferential loans with rates up to 2 per centage points lower to support customers who were affected by the Typhoon Yagi.

Most Asian markets rose Monday, building on last week's rally following the Federal Reserve's bumper interest rate cut, while sentiment was also boosted by hopes for fresh measures to kickstart China's economy.

Prime Minister Pham Minh Chinh has signed a decision issuing the strategy for developing Vietnam’s semiconductor industry by 2030, with a vision to 2050.

As many as 17 banks in Vietnam have announced programmes to support their customers who were affected by Typhoon Yagi.

The trip by Party General Secretary and State President To Lam to attend the UN Summit of the Future and the UNGA 79 in the US is expected to bring new opportunities for the Vietnam-US trade ties.