Viet Nam forecasted to post positive GDP growth in 2024

Wed, 12 Jun 2024 09:35:00

Maybank Research Pte Ltd, a Singapore-based corporate finance advisory and stock brokerage firm, forecasted that Viet Nam will be among six ASEAN countries with positive GDP growth in 2024 and 2025.

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Rice export turnover increases by 38% in January-May

Wed, 12 Jun 2024 09:35:00

In the first five months of 2024, Viet Nam exported nearly 4.2 million tons of rice, worth nearly US$2.7 billion, up almost 15 percent in volume and over 38 percent in value compared to the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

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Aquaculture export turnover may hit US$4.4 billion in H1

Wed, 12 Jun 2024 09:35:00

Aquatic export turnover is expected to reached US$4.4 billion in the first six months this year, a year-on-year increase of 6 percent, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

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Surge in newly opened securities accounts recorded in May

Wed, 12 Jun 2024 09:35:00

The number of newly opened securities accounts in Vietnam saw a substantial increase last month, reversing the previous decline in April, according to the Vietnam Securities Depository and Clearing Corporation.

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Regulations on bad debt trading, settlement revised

Wed, 12 Jun 2024 09:35:00

The State Bank of Vietnam (SBV) has issued Circular 03/2024/TT-NHNN on bad debt trading and settlement of the Vietnam Asset Management Company (VAMC) to make the work more effective.

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Developing specialty coffee to enhance the value and reputation of Vietnamese coffee

Wed, 12 Jun 2024 09:35:00

Investing in the high-end segment is a way to increase value for the coffee industry, in which specialty coffee is a direction that businesses and cooperatives are interested in and is bringing positive results.

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The two "main drivers" in agricultural export still have weaknesses

Wed, 12 Jun 2024 09:35:00

Exporting rice and vegetables have many advantages in the market. These are two key products that continue to help agricultural exports earn more foreign currency. However, there are still limitations and weaknesses in growing areas, unequal quality and business linkages.

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Robust infrastructure, customer demand reshape transportation market

Wed, 12 Jun 2024 09:35:00

Recent robust infrastructure development and customer demand are reshaping the transportation market towards diversifying products and improving services quality, providing significant opportunities for railway and waterways which are holding modest market shares.

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Reduced working hours must go hand-in-hand with improved productivity

Wed, 12 Jun 2024 09:35:00

The Vietnam General Confederation of Labour (VGCL), the sole representative of Vietnamese worker's interests and unified trade union organisation in the country, for the second time this year, has called on the government to reduce the weekly working hours for private sector workers from 48 to 44, and eventually to 40 hours per week.

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Local motorcycle market remains challenging in 2024

Wed, 12 Jun 2024 09:35:00

Việt Nam remains the world's leading motorbike market, with over two-thirds of the adult population owning two-wheeled vehicles

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Canada imposes temporary anti-dumping duties on wire products from Việt Nam

Tue, 11 Jun 2024 16:04:00

Việt Nam’s export turnover of steel wire products to Canada has increased rapidly in recent years.

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New products could benefit in wealth asset environment

Tue, 11 Jun 2024 16:04:00

Vietnam has earned a reputation for strong growth and tenacity in the face of numerous geopolitical and economic crises over the years, including a significant increase in managed wealth assets. Lina Nguyen, country business development manager of Exness Investment Bank, spoke with VIR’s Thy Nguyet about the potential of the wealth asset management market in Vietnam.

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Small but quality FDI projects invested in southeastern localities

Tue, 11 Jun 2024 16:02:00

New foreign direct investment (FDI) projects in southeastern localities in the first five months of 2024 are not large but friendly to the environment and apply high technologies.

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Ministry of Finance: Focusing on improving independent audits

Tue, 11 Jun 2024 16:00:00

According to Minister of Finance Ho Duc Phoc, in recent times, the Ministry of Finance has focused on improving the quality of independent audits through training, inspection, and examination.

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Boosting Sci-tech Application in Practice

Tue, 11 Jun 2024 15:57:00

Son La province has made many significant scientific and technological advances in recent years. These achievements not only help improve people's quality of life but also boost sustainable socioeconomic development.

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Advancing Intra-ASEAN Trade Facilitation

Tue, 11 Jun 2024 15:55:00

At the 33rd Meeting of ASEAN Directors-General of Customs, recently held in Phu Quoc, Kien Giang, Mr. Nguyen Van Can, Director General of the General Department of Vietnam Customs, presented contents extended from the 32nd meeting in Thailand as well as forthcoming customs collaboration, with a particular emphasis on the direction for the Customs Development Strategy Plan for the 2026-2030 period.

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Vung Ro Port Poised to Become Seaport Service Hub

Tue, 11 Jun 2024 15:55:00

Vung Ro Port Company Limited has spared no effort to promote tradition while propelling the company forward in alignment with the potential and developmental trajectory of Phu Yen province. Bolstered by this momentum, Vung Ro Port is steadfastly steering its vision toward emerging as an important seaport service hub, poised to meet the socioeconomic imperatives of not just the province, but also the wider Southern Central region and the Central Highlands.

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