Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Cross-border beauty and personal care is a huge market for Vietnamese companies thanks to the growing realisation of gender equality in which more women are immersing themselves in the workforce globally.
Coffee growers in the Central Highlands province of Dak Lak have enjoyed sharply increasing prices but are also worried about the poor crop due to droughts and diseases.
The State Bank of Vietnam will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices.
Equities tumbled Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider conflict in the volatile region.
Cryptocurrency will not be banned in Vietnam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, a representative from the Ministry of Justice said.
Vietnam should promote the development of the creative economy in order to benefit from the numerous opportunities brought by it, the Central Institute for Economic Management suggested.
Nearly 80 investment projects in the central province of Quang Ngai have been revoked over the past four years due to stagnant progress, according to the local Department of Planning and Investment.
Processing and manufacturing enterprises have forecast better performance in Quarter 2 despite global headwinds posed by conflicts and high production costs, according to the General Statistics Office’s survey.
The State Bank of Vietnam will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, according to Deputy Governor Phạm Thanh Hà.
Vietravel Airlines, a subsidiary of tour operator Viettravel, posted a total revenue of VND491.20 billion (USD19.64 million) in the first quarter of this year, up 42 percent on-year.
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the
The Land Law (revised), which expands land use rights for overseas Vietnamese and Vietnamese citizens residing abroad, is expected to boost the domestic real estate market.
To create additional capital mobilisation channels for small- and medium-sized enterprises, Vietnam’s Small- and Medium-sized Enterprise Development Fund under the Ministry of Planning and Investment is offering SMEs loans at preferential interest rates of 1.2-4.4% per year.
Vietnam’s economy is expected to grow at 6.0% and 6.2% in 2024 and 2025, respectively, according to the Asian Development Outlook April 2024 released Thursday.