Interest rate hike pressure in 2025

Analysts predicted that if President-elect Donald Trump's tariff and trade pledges would be carried out, the FED's rate decreases may be slowed down, which would cause the USD to rise and put a lot of pressure on interest rates and currency rates in Vietnam in 2025.

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Vietnam's seafood export hits 1 billion USD mark for October

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.

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Government, Businesses Join to Develop Can Tho

Can Tho is resolutely carrying out its policies and decisions on rapid, sustainable development to strengthen its position as a core city of the Mekong Delta. Mr. Tran Viet Truong, Chairman of the Can Tho People's Committee, emphasized: Clearly defining the role of businesses in this journey, the city government always supports investors and businesses.

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PM Pham Minh Chinh calls for transformative energy projects

Prime Minister Pham Minh Chinh has laid stress on the critical need for innovative power projects that are able to transform the nation’s energy landscape and prevent power shortages while addressing at a hybrid conference to review the investment and construction of the 500kVcircuit-3 power transmission line linking Quang Trach in the central province of Quang Binh and Pho Noi in the northern province of Hung Yen on December 8, 2024.

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529 million USD spent on capital funding for VN’s youth start-up ecosystem in 2024

Vietnam’s youth start-up ecosystem has attracted 529 million USD in venture capital funding for start-ups in 2024, according to the National Study on the State of the Ecosystem for Youth Entrepreneurship in Vietnam.

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Several critical challenges facing the country’s energy sector: experts

Vietnam is making significant strides toward transforming its energy sector by fostering a competitive and sustainable market to meet the nation’s socio-economic development demands.

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Seafood export value had reached 8.33 billion USD as of October 2024

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.

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Disbursement of public investment from foreign loans reaches 39.06% of the plan

At a conference held on December 3, 2024, to discuss the disbursement progress of public investment from foreign loans in the final months of the year, the Department of Debt Management and External Finance reported that ministries and agencies had disbursed over VND3.285 trillion. Notably, six ministries proposed returning a total of VND2.0924 trillion from the 2024 allocated budget.

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There is still room for credit growth at the end of the year

To achieve the credit growth target of 15% for the whole year of 2024 as directed, the banking system will have to "pump" out nearly VND 670,000 billion of loans to the economy in the last 2 months of the year, so many solutions are needed to accelerate capital flow.

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Accelerating public investment in national key transportation projects

According to the Ministry of Finance, the disbursement of funds for national key transportation projects in the first ten months of 2024 exceeded the average disbursement rate for other sectors. However, the pace has slowed in recent months.

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Opportunities for export breakthroughs through e-commerce

According to Mr. Nguyen Van Thanh (in photo), Director of the E-commerce Development Center - Department of E-commerce and Digital Economy (Ministry of Industry and Trade), developing national e-commerce programs and fostering international cooperation are key to effectively harnessing Vietnam's potential in this area, thereby enhancing competitiveness and promoting sustainable development in the global market.

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Seafood exports increase competitiveness through quality

The "wave" of orders from a number of large markets and increased consumption demand in the coming months will be the driving force to accelerate seafood exports at the end of the year. Not only racing to increase exports, Vietnamese seafood also increases its competitive advantage by focusing on product quality, seed sources, green transformation in the production process...

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Vietnam - US trade turnover hits over US$122 billion in 11 months

Two-way trade turnover between Vietnam and the US reached US$122.4 billion during the 11-month period, exceeding last year’s figure of US$111 billion, according to information released by the General Statistics Office (GSO).

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Việt Nam needs a competitive energy market: experts

Economists, industry experts and policymakers at the event highlighted several critical challenges facing the country’s energy sector and the urgent need for strategic reforms.

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Bac Ninh fosters an open mindset for business support

The leaders of the Bac Ninh province have always heard and addressed the proposals of businesses through direct dialogue.

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National Assembly’s Law Committee works with Ho Chi Minh City Customs Department

On December 5, 2024, a survey delegation from the Steering Commitee on Law of National Assembly, led by Ms. Tran Hong Nguyen, Vice Chairwoman of the Committee, held a working session with the Ho Chi Minh City Customs Department.

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Vietnam and GGGI launch plan for green growth and climate action

The Ministry of Planning and Investment (MPI) and the Global Green Growth Institute (GGGI) launched the Vietnam-GGGI Country Planning Framework (CPF) 2024-2028 on December 6.

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Cao Phong Orange Festival and Trade-Tourism Fair underway in Hoa Binh

There are more than 100 booths installed at the two events, displaying indigenous Cao Phong oranges, handicrafts products by local cooperatives, and One Commune One Product (OCOP) products.

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