Business

HSBC has raised its forecast for Vietnam's GDP growth this year to 6.5%, as compared with the previous projection of 6%, following the country's better-than-expected performance in the first half.

Durian exports may surpass 3 billion USD this year, according to Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association (Vinafruit).

Vietnamese low-cost carrier Vietjet has just signed a contract with Airbus on the purchase of 20 new-generation wide-body A330neo (A330-900) aircraft, costing USD7.4 billion.

Stock markets were mixed Tuesday as investors struggled to extend a surge on Wall Street, where the tech sector bounced back after last week's losses, while attention turned to the upcoming release of key US inflation data.

Real estate enterprises are facing significant debt maturities of nearly VNĐ59 trillion (US$2.3 billion) and a rapidly rising delinquency rate in the sector.

The Vietnamese trade offices in many foreign markets have continuously warned Vietnamese businesses to be careful to avoid international trade fraud.

HCM City received nearly US$5.2 billion in remittances in the first half of the year, up 20 per cent year-on-year, according to the State Bank of Vietnam (SBV), HCM City branch.

Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared to be unmoved by China's decision to cut interest rates in a bid to boost the country's

The recent vigorous growth of startups in Vietnam has attracted domestic and foreign investors, but insiders recommended more efforts be made to facilitate startups’ access to funding from investors so that they can live up to potential.

Deputy Prime Minister Lê Minh Khái has asked the Ministry of Industry and Trade (MoIT) to study the establishment of a petroleum exchange.

The Ministry of Industry and Trade is seeking public comments on the draft Circular to finalise the regulations for importing used cars under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership tariff quota system in Vietnam.

Despite low interest rates, individual customers have continued to deposit at banks, setting a new record high for savings.

Asian equities sank in line with Wall Street Friday as the optimism over expected US interest rate cuts was overshadowed by uncertainty about the presidential election and worries over China's economy.

The pepper prices on July 18 in some key pepper producers of Vietnam continue to be under downward pressure, reaching the lowest price of VNĐ147,000 (US$5.79) per kilo.

Vietnam, along with Thailand, are the two fastest growing e-commerce markets in Southeast Asia, according to the recently released report '2024 E-commerce in Southeast Asia' by Momentum Works.

The Vietnamese stock market has failed to break the crucial 1,300-point threshold despite various efforts, preventing the establishment of a sustainable upward trend.

Authorities of the southern central province of Khanh Hoa have proposed an investment of VND8 trillion (USD314.34 million) to build Van Phong Airport.

The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a previous projection of 4.9%, as rising regional exports complement resilient domestic demand.

Air ticket prices have increased since the beginning of July, the peak summer holiday time.