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State apparatus streamlining won't affect Vietnamese business environment: spokeswoman

Vietnam Economic News - Thu, 02/13/2025 - 21:47
Việt Nam is also putting in place new regulations to simplify investment procedures and processes that are more facilitative and allowing foreign enterprises to arrive in Việt Nam to do business. and engage in long-term production.

SHB announces stock dividend distribution at 11% rate

Vietnam Economic News - Thu, 02/13/2025 - 21:33
Following this dividend issuance, SHB’s charter capital will rise to VNĐ40.6 trillion, reinforcing its position as one of Việt Nam’s five largest private banks.

Việt Nam wants to boost trade with Southern Common Market: PM

Vietnam Economic News - Thu, 02/13/2025 - 21:06
The PM encouraged JBS S.A to expand its operations in Việt Nam, particularly in livestock farming, meat processing, industrial crops, and coffee processing.

Đồng Nai’s largest seaport welcomes first vessel

Vietnam Economic News - Thu, 02/13/2025 - 20:44
The MSC vessel’s arrival at Phước An marks the start of a new flow of goods in Đồng Nai Province.

Việt Nam stands ready to engage with US on trade issues

Vietnam Economic News - Thu, 02/13/2025 - 18:51
"Việt Nam stands ready to maintain exchanges with the US in a constructive and cooperative manner, so as to continue to update each other with relevant information, enhance mutual understanding and address any outstanding issues," the foreign ministry spokeswoman said.

Week promotes the consumption of culinary, agricultural and OCOP products in Hải Dương

Vietnam Economic News - Thu, 02/13/2025 - 17:01
The Culture, Tourism and Trade Promotion Week of Hải Dương Province in 2025 which was opened at the special national relic area of ​​Côn Sơn – Kiếp Bạc in Chí Linh City, Hải Dương Province on February 13.

Việt Nam looks to boost trade connections at Southeast Asia business forum in Paris

Vietnam Economic News - Thu, 02/13/2025 - 16:34
The workshop, which was held on the sidelines of the Artificial Intelligence (AI) Action Summit in Paris, brought together leaders of economic development agencies, economic experts and nearly 200 representatives from businesses in France and Southeast Asia, including Việt Nam's FPT Software.

Fiscal, monetary policies support demand stimulation, price stabilisation

Vietnam Economic News - Thu, 02/13/2025 - 16:15
These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.

Bình Dương reaffirms commitment to business growth

Vietnam Economic News - Thu, 02/13/2025 - 16:05
The southern province of Bình Dương is committed to improving its investment climate to remain an attractive destination for domestic and foreign investors, a provincial official said.

Local car market sees sharp decline in early 2025

Vietnam Economic News - Thu, 02/13/2025 - 14:47
The total market sales in January 2025 reached 18,893 vehicles, a significant drop from the previous month, according to the latest report from the Vietnam Automobile Manufacturers Association (VAMA).

Nghệ An aims to attract nearly $1 billion to Southeast Economic Zone

Vietnam Economic News - Thu, 02/13/2025 - 14:36
The Southeast Economic Zone in Nghệ An Province is expected to generate 40,000 new jobs and contribute at least VNĐ3 trillion to the State budget.

VEC burdened with nearly $1.5 billion in debt

Vietnam Economic News - Thu, 02/13/2025 - 14:28
Financial expenses surged 67.7 per cent to nearly VNĐ2 trillion, while financial income dropped 61 per cent to VNĐ288 billion, causing after-tax profit to plummet from VNĐ641.2 billion to VNĐ8.9 billion, reflecting growing financial strain.

HDBank: Việt Nam poised to become economic powerhouse

Vietnam Economic News - Thu, 02/13/2025 - 12:16
The Vietnamese government has set an ambitious GDP growth target of over 8 per cent for 2025, a feasible goal that symbolises Việt Nam’s determination and aspiration to emerge as a regional economic powerhouse, according to HDBank’s permanent vice chairwoman Nguyễn Thị Phương Thảo.

Bình Dương approves $1 billion mechanical industrial park

Vietnam Economic News - Thu, 02/13/2025 - 12:02
The park is designed to localise raw material supply, reduce transportation costs and ensure uninterrupted factory operations by preventing material shortages.

Vietnamese businesses get updates on India's investment policies

Vietnam Economic News - Thu, 02/13/2025 - 11:57
India's new policies present a significant opportunity for Vietnamese businesses to invest, cooperate, and expand operations in this market.

HCM City’s Metro Line 1 introduces cashless payment system, green utilities

Vietnam Economic News - Thu, 02/13/2025 - 10:20
HURC1, Mastercard, and Samsung Electronics Vietnam partner to promote cashless payments and green utilities on Ho Chi Minh City’s Metro Line 1 (Bến Thành – Suối Tiên).

Việt Nam’s stock market looks to strong 2025, led by banks

Vietnam Economic News - Thu, 02/13/2025 - 10:14
Recent financial disclosures from over 900 listed enterprises reveal a 20.9 per cent year-on-year growth in profits after tax for the fourth quarter (Q4) of 2024.

Rent reduction, a step in the right direction

Vietnam Economic News - Thu, 02/13/2025 - 08:11
Businesses insisted the decrease, if and when approved, would be a step in the right direction, but should be a part of a larger strategy to control costs.

Coffee prices hit record highs, heightening speculation risks

Vietnam Economic News - Thu, 02/13/2025 - 08:10
Phan Minh Thông, Chairman of Phúc Sinh JSC, called the price surge "insane," warning of continued increases as businesses are compelled to trade at elevated prices instead of following pre-set contracts.

Affordable housing for young buyers a win-win: HoREA

Vietnam Economic News - Thu, 02/13/2025 - 07:00
Young determined people who will likely double or triple their income in 10-15 years, will be low risk for commercial banks, said HoREA

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