Business

Vietnam’s rice industry is experiencing a golden period, with exports projected to surpass 5 billion USD this year, fueled by robust global demand and stable prices, according to experts.

Retail petrol prices have increased since Thursday afternoon following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Japan's economy has rebounded, government data showed Thursday, in welcome news for its next prime minister following Fumio Kishida's decision to quit.

More than 17,100 apartments and land plots of real estate projects across the country remain on the market in the second quarter of this year, with land plots and houses doubling that of apartments, the Ministry of Construction reported.

The Ministry of Industry and Trade is set to increase export turnover by roughly 6%, and maintain a trade surplus of about US$15 billion next year.

The Government earned over 149 billion VND (5.93 million USD) from capital divestment at four State-owned enterprises during January – July, the Ministry of Finance (MoF) said on August 12.

Many varieties of grapes from China have recently dominated fruit stalls in Vietnam.

At the beginning of the week, coffee prices continued their downward trend, averaging at 118,400 VND per kilo in the Central Highlands - the largest coffee growing area in the country, according to giacaphe.com.

Many Vietnamese livestock firms have earned enormous profits from sharply increasing pig prices.

Economists and industry experts have called for caution before raising Vietnam's special consumption tax on beers and alcoholic beverages, pleading with regulators to consider the long-term effect it may have on the budget.

Companies should apply international financial reporting standards to improve transparency and increase the chances to expand globally, experts have said.

Businesses, farmers, and management authorities need to develop rational strategies in response to market changes to create breakthroughs and achieve the set export revenue target of US$4-4.3 billion for the year, experts have said.

Techcombank, in collaboration with Amazon Web Services (AWS), has launched the "League of LLMs" competition to foster innovation and enhance AI application skills among the bank's technology talents.

Asian stocks mostly rose again Tuesday as worries about a US recession that sent markets into turmoil last week eased ahead of key inflation data, while oil prices held gains on concerns about a broader war in the Middle East.

Vietnam earned 4.29 billion USD from exporting textile and garment products in July, up 12.4% from the same period last year.

The 2024 Hưng Yên Longan Festival Week, featuring 50 booths, showcases fresh longans and unique products from cooperatives and farms in the province.

Beijing said Friday it had filed an appeal with the World Trade Organization over the European Union's imposition of additional tariffs on imports of electric vehicles from China.

If prices in the real estate market increase by more than 20 per cent for three months, ministries and branches managing the property market have to propose measures to regulate the market.

Asian stocks rallied Friday as investors breathed a sigh of relief after US jobs data soothed concerns that the world's top economy could tip into recession, bringing a painful week to a positive end.