Việt Nam likely to keep inflation below 4.5% in 2023: Economists (06/07/2023)
The goal of keeping inflation under 4.5 per cent this year is totally feasible, as the rate will likely range between 2.5 and 3.5 per cent, experts said at a seminar held in Hanoi on Tuesday.
The goal of keeping inflation under 4.5 per cent this year is totally feasible, as the rate will likely range between 2.5 and 3.5 per cent, experts said at a seminar held in Hanoi on Tuesday.
HCM City to build seven new logistic centres (05/07/2023)
The southern economic hub of Ho Chi Minh City will build seven new logistic centres from now to 2025, the municipal People’s Committee said on July 3.
The southern economic hub of Ho Chi Minh City will build seven new logistic centres from now to 2025, the municipal People’s Committee said on July 3.
Vietnam hopes for stronger cooperation with WB in sustainable clean energy (05/07/2023)
Deputy Minister of Industry and Trade Phan Thi Thang on July 4 expressed her hope that Vietnam and the World Bank (WB) will step up their cooperation in the time ahead, prioritising the improvement of energy efficiency and sustainable clean energy.
Deputy Minister of Industry and Trade Phan Thi Thang on July 4 expressed her hope that Vietnam and the World Bank (WB) will step up their cooperation in the time ahead, prioritising the improvement of energy efficiency and sustainable clean energy.
Vietnam still “an FDI darling”: Singaporean bank (05/07/2023)
Vietnam’s 2023 growth is below-trend amid global external headwinds, but its position as a manufacturing FDI darling remains intact, DBS, Singapore’s leading consumer bank, said in a report released on July 3.
Vietnam’s 2023 growth is below-trend amid global external headwinds, but its position as a manufacturing FDI darling remains intact, DBS, Singapore’s leading consumer bank, said in a report released on July 3.
Việt Nam’s economy sees gradual and positive changes: MPI (05/07/2023)
The Ministry of Planning and Investment has reported that Việt Nam’s socio-economic situation has been experiencing gradual and positive changes, with steady growth observed in several important indicators and indexes month by month.
The Ministry of Planning and Investment has reported that Việt Nam’s socio-economic situation has been experiencing gradual and positive changes, with steady growth observed in several important indicators and indexes month by month.
MoIT and Samsung launch collaborative Smart Factory Development Project (04/07/2023)
The Ministry of Industry and Trade (MoIT), in partnership with Samsung Vietnam, has initiated Phase 1 of the Smart Factory Development Cooperation Project for 2023.
The Ministry of Industry and Trade (MoIT), in partnership with Samsung Vietnam, has initiated Phase 1 of the Smart Factory Development Cooperation Project for 2023.
Taiwan's semiconductor companies eye Vietnam for manufacturing, but obstacles persist (04/07/2023)
Taiwanese investors see Vietnam as a manufacturing destination for semiconductor production, yet challenges still hinder the full participation of Vietnamese businesses in the chip manufacturing process.
Taiwanese investors see Vietnam as a manufacturing destination for semiconductor production, yet challenges still hinder the full participation of Vietnamese businesses in the chip manufacturing process.
VN-Index gains, focus on seafood shares (04/07/2023)
HCM City’s shares advanced on Monday after two declining sessions last week, but liquidity continued to drop, showing lingering caution among investors ahead of Q2 earnings season.
HCM City’s shares advanced on Monday after two declining sessions last week, but liquidity continued to drop, showing lingering caution among investors ahead of Q2 earnings season.
Digital transformation imperative in trading sector (03/07/2023)
Digital transformation is vital for businesses in the trading sector to stay competitive in today’s market, and they need to focus their resources and implement it methodically to derive greater efficiency, a symposium heard in HCM City last week.
Digital transformation is vital for businesses in the trading sector to stay competitive in today’s market, and they need to focus their resources and implement it methodically to derive greater efficiency, a symposium heard in HCM City last week.
Green logistics remains challenging for Vietnam (03/07/2023)
Though green logistics is currently a global trend and will become a requirement of the international food industry supply chain, Viet Nam currently...
Though green logistics is currently a global trend and will become a requirement of the international food industry supply chain, Viet Nam currently...
Ho Chi Minh City tightens connection with Canadian localities (03/07/2023)
A delegation from the Ho Chi Minh City People’s Committee, in collaboration with the Vietnam Trade Office in Canada, organised a Vietnam-Canada business forum in Toronto on June 30 to introduce the city’s position and potential and connect businesses of Vietnam and Canada.
A delegation from the Ho Chi Minh City People’s Committee, in collaboration with the Vietnam Trade Office in Canada, organised a Vietnam-Canada business forum in Toronto on June 30 to introduce the city’s position and potential and connect businesses of Vietnam and Canada.
Switzerland wishes to sign FTA between Việt Nam and EFTA members (03/07/2023)
President of the National Council of Switzerland Martin Candinas expressed his wish that the Free Trade Agreement (FTA) between Việt Nam and European Free Trade Association States (including Norway, Switzerland, Iceland, and Liechtenstein) will soon be signed, during his talks with Prime Minister Phạm Minh Chính on Friday in Hà Nội.
President of the National Council of Switzerland Martin Candinas expressed his wish that the Free Trade Agreement (FTA) between Việt Nam and European Free Trade Association States (including Norway, Switzerland, Iceland, and Liechtenstein) will soon be signed, during his talks with Prime Minister Phạm Minh Chính on Friday in Hà Nội.
Ho Chi Minh City attracts 2.9 billion USD in FDI in H1 (30/06/2023)
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
Vietnamese firms need to meet net zero standards (30/06/2023)
Net zero is a global game and Vietnamese firms need to quickly prepare to meet its standards so as not to miss, experts said.
Net zero is a global game and Vietnamese firms need to quickly prepare to meet its standards so as not to miss, experts said.
Vietnam needs to roll out red carpet for investors in airport projects (30/06/2023)
Twelve airport projects have been included on the list of projects to be developed with diverse capital sources. The state needs to offer attractive incentives to lure investors as these are not high-profit making ventures.
Twelve airport projects have been included on the list of projects to be developed with diverse capital sources. The state needs to offer attractive incentives to lure investors as these are not high-profit making ventures.
Opportunities for Swiss fintech startups numeral in Vietnam: report (28/06/2023)
Swiss fintech startups should tap into opportunities in VN – the country with rising demand for digital financial solutions, supportive policies, and government initiatives to nurture fintech innovation, according to a new Vietnam Fintech report.
Swiss fintech startups should tap into opportunities in VN – the country with rising demand for digital financial solutions, supportive policies, and government initiatives to nurture fintech innovation, according to a new Vietnam Fintech report.
PM calls for more Chinese investments (28/06/2023)
Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
VN-Index extends five-session rally, albeit with declining liquidity (28/06/2023)
Shares extended their rallying streak on the Hồ Chí Minh Stock Exchange but liquidity decreased significantly, showing investors’ caution ahead of the closing of Q2 net asset value of funds this week.
Shares extended their rallying streak on the Hồ Chí Minh Stock Exchange but liquidity decreased significantly, showing investors’ caution ahead of the closing of Q2 net asset value of funds this week.
Belt Road No. 3 Project to officially start (27/06/2023)
The ambitious Belt Road No. 3 Project in Ho Chi Minh City will officially open for construction on 18 June and it is hoped that along with the people of Ho Chi Minh City, other neighboring provinces will also benefit from this breakthrough infrastructure which has been 12 years in the planning.
The ambitious Belt Road No. 3 Project in Ho Chi Minh City will officially open for construction on 18 June and it is hoped that along with the people of Ho Chi Minh City, other neighboring provinces will also benefit from this breakthrough infrastructure which has been 12 years in the planning.
Exchange rate forecast to remain stable in second half of 2023 (27/06/2023)
According to experts of Yuanta Vietnam Securities Company, the USD/VND exchange rate from the beginning of 2023 fluctuated around a range of +/- 1.9% at 23,240 - 23,630 VND per dollar, much more stable than in 2022 when the rate sometimes peaked at 24,692 VND per dollar, up 4.2% against the State Bank of Vietnam (SBV)’s reference exchange rate.
According to experts of Yuanta Vietnam Securities Company, the USD/VND exchange rate from the beginning of 2023 fluctuated around a range of +/- 1.9% at 23,240 - 23,630 VND per dollar, much more stable than in 2022 when the rate sometimes peaked at 24,692 VND per dollar, up 4.2% against the State Bank of Vietnam (SBV)’s reference exchange rate.
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