Business

There have been notable advancements in the assessment of Vietnam’s stock market, the recent MSCI report for June 2024 showed.

Vietnam always considers the United States a strategically important partner and is ready to work with the US to promote the effective, stable and substantive development of the comprehensive strategic partnership between the two nations.

Daily electricity consumption in Vietnam has reached a new record amid the intense hot weather.

Vietnam's pepper prices have continued increasing amid the higher demand but lower supply.

Pacific Airlines will return to operations on June 26 with an aircraft transferred by its parent company Vietnam Airlines Group.

Vietnam sent more than 78,000 labourers to work abroad so far this year, with Japan receiving the largest number, according to the Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs.

Exports by provinces and cities in the southeastern key economic region have grown strongly so far this year.

Domestic retail prices of petroleum products in Vietnam rose at 3 pm today, June 20, following the adjustment jointly decided by the Ministry of Industry and Trade and the Ministry of Finance.

Vietnam’s exports expanded about 13.8% year-on-year in the first half of this year, and imports rose 18.4%, according to the Ministry of Industry and Trade’s Planning and Finance Department.

The Ministry of Finance is to start a process to study the effect of a tax on gold transactions, said deputy minister of finance Nguyễn Đức Chi.

The four state-owned banks Agribank, BIDV, VietinBank and VietCombank have been allowed to sell SJC-branded gold on their website.

Equities rose across most of Asia on Wednesday following yet another record day in New York fuelled by data that boosted US interest rate cut hopes, though expectations were tempered by cautious comments from Federal Reserve officials.

Foreign developers have dominated the modern warehouse market in Vietnam, accounting for over 75 per cent of the country’s market share by the end of 2023.

With signs of recovery ahead in both demand and import prices in major markets, the seafood industry aims to achieve an export turnover of US$10 billion this year, according to the Vietnam Association of Seafood Exporters and Producers.

Commercial banks have been holding back on increasing their foreign ownership ratio, or foreign room, to wait for suitable strategic buyers in the future, according to industry leaders and insiders.

The upcoming official visit to Vietnam by Russian President Vladimir Vladimirovich Putin is expected to open up new opportunities in bilateral relations, aiming towards the prosperous development for both sides.

Six Vietnamese provinces and cities, including Ho Chi Minh City, Bac Ninh, Binh Duong, Thai Nguyen, Hai Phong, and Bac Giang earned export turnover of more than US$10 billion over the past five months.

Asian markets mostly fell Monday following last week's losses, with traders trying to assess the Federal Reserve's plans for interest rates, while the euro was weighed by political uncertainty as France prepares for a snap parliamentary election.

Though the latest US Federal Reserve’s interest rate decision will not have a major impact here in Vietnam, the move is still a positive signal for the economy, experts said.