Business | DTiNews - Dan Tri International, the news gateway of Vietnam

Business

Exchange rate stabilised but losses significant due to surging dollar

The greenback's exchange rate stabilised around VNĐ24,269 on Wednesday, marking the fourth consecutive day it has stayed under VNĐ25,000 after a short burst of demand in recent weeks.

Pig prices top year high

Pig prices have reached the highest level over the past year, bringing enormous profits for farmers.

Petroleum prices have continued to decline from 3 pm today, May 16, following a decision by the Ministry of Industry and Trade and Ministry of Finance.

HCM City leads nation in 2023 export earnings: Report

Ho Chi Minh City continued to lead the country in terms of export earnings in 2023 with 42.46 billion USD, although this result still decreased by 10.8% compared to 2022, according to the Vietnam Import-Export Report 2023.

Mounting inflationary pressure requires Government’s flexible moves

Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government take proactive and flexible actions, some experts have said.

30,000 businesses to receive support in international cooperation

The Vietnam Chamber of Commerce and Industry (VCCI) will concentrate on helping 30,000 businesspeople and enterprises with international connectivity and cooperation this year, its Chairman Pham Tan Cong has said.

Businesses allowed to decide their own petrol retail prices: draft decree

The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and petroleum supply for domestic consumption.

PM appreciative of Chinese businesses’ contributions to economic ties with Vietnam

The Chinese business community plays a very important role in making economic, trading, and investment co-operation both a bright spot and an important pillar in the mutual relationship between the two countries.

More Business

Thanh Ha lychees to be transported to Australia by air(05/14/2024)
Vietnam becomes fastest growing digital economy in ASEAN: HSBC(05/14/2024)
Vietnam ranks second in the world in cryptocurrency ownership rankings(05/13/2024)
Travel companies remain hungry for visitors(05/13/2024)
Vietjet launches its first direct route linking Hanoi, Hiroshima(05/12/2024)
Work starts on trillion-VND biodegradable materials factory in Hai Phong(05/12/2024)
Strong recovery seen in industrial production in four months(05/11/2024)

MOR Software’s journey to achieve Sao Khue Award

MOR Software has been recognised as Software Outsourcing Services for the fourth consecutive year at the Sao Khue Award 2023.

Finance

Deposit interest rates at four major banks hit one-year low

The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.

Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

The State Bank of Vietnam’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year.

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

Biz matching