Economy

Vietnam targets a US$300-billion green economy by 2050

08:55 | 05/11/2024 Economy

(VEN) - Vietnam has set ambitious goals of achieving net-zero emissions and increasing the value of its green economy from US$6.7 billion in 2020 to US$300 billion by 2050.

Numerous US businesses set to arrive in HCM City to implement signed agreements

16:21 | 04/11/2024 Economy

Leading US investment funds and over 30 businesses will visit HCM City to seek investment opportunities.

North-South high-speed railway to drive economic growth: official

14:37 | 04/11/2024 Economy

Constructing a high-speed railway from the North to the South will create momentum for economic growth, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Ten-month results fuel confidence in surpassing growth target

14:34 | 04/11/2024 Economy

Given the 10-month performance, authorities believed Vietnam's economic growth is likely to surpass this year’s target, and more efforts are being taken to tackle bottlenecks to growth.

Hà Nội takes drastic measures to disburse public investment

10:18 | 05/11/2024 Economy

Hà Nội is currently in a critical phase of disbursing public investment, aiming to fully allocate funds to boost capital efficiency, speed up infrastructure development, and strengthen the city’s competitiveness.

Brand management will help sustainable business development, experts say

10:00 | 05/11/2024 Economy

A brand is not simply a name, logo or slogan, but also the entire experience for customers interacting with a product or service, making the enterprises easily recognisable compared to other businesses in the same industry or field.

Specific roadmap for removal of credit rooms needed

09:54 | 05/11/2024 Economy

The topic of credit growth limits, commonly termed 'credit rooms', has gained renewed attention after a State Bank of Việt Nam (SBV) official announced that the SBV is considering a gradual removal of the credit growth quota policy, following the guidance of the National Assembly and the Government.

VN among the top three ASEAN countries in term of industrial competitiveness

11:15 | 04/11/2024 Economy

The industrial sector's share of GDP could be over 40 per cent, with the manufacturing and processing industry alone accounting for around 30 per cent of GDP.

M&A activities show signs of recovery

11:11 | 04/11/2024 Economy

Mergers and acquisition (M&A) activities in Việt Nam have been showing signs of recovery in recent months as several large companies announced finished deals.

How the US election result can impact Việt Nam's exports

11:07 | 04/11/2024 Economy

Vietnamese businesses need to step up the building of close relationships with partners and associations in the US.

High real estate credit growth raises concern

11:04 | 04/11/2024 Economy

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.

Local firms must increase competitiveness to cope with foreign rivals in the domestic market

10:57 | 04/11/2024 Economy

A wave of cheap goods on Chinese e-commerce platforms, such as Taobao, 1688, Shein and Temu, has forced Vietnamese businesses to adapt.

Vietnam cements ties with partners to engage in global semiconductor, AI industries

17:47 | 03/11/2024 Economy

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.

App developers have many opportunities to further grow: forum

17:41 | 03/11/2024 Economy

App developers in Việt Nam have numerous opportunities and great potential to maximise monetisation and expand their businesses in both Vietnamese and foreign markets, according to experts at the "Future of Monetisation in Việt Nam" forum held in HCM City on Wednesday.

Nearly 30 per cent of vehicles to be electric by 2030

17:37 | 03/11/2024 Economy

The ministry will also look at mechanisms for exchanging and offsetting carbon credits for projects which convert from fossil fuel vehicles to EVs.

Potential for trade cooperation with Middle East

18:10 | 02/11/2024 Economy

With Prime Minister Phạm Minh Chính’s recent visit to the Middle East, a fresh momentum has been established, setting the stage for enhanced trade relations, deeper economic ties, and new areas of cooperation.

Gold demand in Vietnam falls sharply due to rapid increase in prices

16:58 | 02/11/2024 Economy

(VEN) - According to the World Gold Council, the demand for gold bars and gold coins in Vietnam fell by 33 percent quarter-on-quarter and 10 percent year-on-year, contrary to the global trend. The decline in gold demand in Vietnam is likely due to the sharp increase in gold prices.

CEPA: a stepping stone towards Middle East and Africa markets

10:37 | 02/11/2024 Economy

Minister of Industry and Trade Nguyễn Hồng Diên highlighted the Việt Nam-UAE Comprehensive Economic Partnership Agreement (CEPA)'s significance, describing it as a breakthrough that will significantly enhance economic, trade, and investment cooperation between the two nations.

MoIT tightens multi-level marketing activities

09:49 | 01/11/2024 Economy

The Ministry of Industry and Trade (MoIT) has asked units under their direction and the departments of industry and trade of provinces and cities to tighten the management of multi-level marketing activities in Việt Nam.

Việt Nam poised to become the third-largest data centre market in ASEAN

09:03 | 01/11/2024 Economy

Việt Nam's data centre industry is set for significant expansion, driven by recent investment reforms and a commitment to enhancing digital infrastructure.

PM pledges to create optimal environment for Qatari investors

08:55 | 01/11/2024 Economy

PM Phạm Minh Chính, who is paying an official visit to Qatar, informed local enterprises about the outcomes of his talks and meetings with the Emir, PM, and other leaders of Qatar, noting that the two sides shared the view that the relations between the two countries are flourishing, but economic partnerships have yet to match their political - diplomatic ties.

Trước Sau

Latest Most Read

Domestic car production peaks, ensures abundant supply

17:04 | 07/11/2024 Economy

HÀ NỘI — Domestic car production this year has reached a new high with 38,200 cars assembled in October, according to data released by the General Statistics Office (GSO) on Wednesday.

Việt Nam ready to attract major semiconductor players with new initiatives

16:51 | 07/11/2024 Economy

HÀ NỘI — Việt Nam has shown it is ready to welcome and collaborate with semiconductor companies and investors from around the globe, Minister of Planning and Investment Nguyễn Chí Dũng stated at the opening of SEMIExpo Vietnam 2024 on Thursday.

Vietnam gives top priority to relations with China: PM

16:43 | 07/11/2024 Policy

Kunming – Developing relations with China is a consistent policy, an objective requirement, a strategic choice, and a top priority in Vietnam's foreign policy, Prime Minister Pham Minh Chinh told Chinese Premier Li Qiang at their talks in Kunming city in China’s Yunnan province on November 7.

Hanoi attracts 1.6 billion USD in FDI in ten months

15:18 | 07/11/2024 Investment

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

Metro line connecting capital with airport needed

15:04 | 07/11/2024 Society

Residents of Hanoi increasingly yearn for a metro line linking the Noi Bai International Airport to reduce the costs and travel times for both locals and tourists.

Rice exports likely to set new record in 2024

11:07 | 04/11/2024 Trade

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.

High real estate credit growth raises concern

11:04 | 04/11/2024 Economy

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.

How the US election result can impact Việt Nam's exports

11:07 | 04/11/2024 Economy

Vietnamese businesses need to step up the building of close relationships with partners and associations in the US.

M&A activities show signs of recovery

11:11 | 04/11/2024 Economy

Mergers and acquisition (M&A) activities in Việt Nam have been showing signs of recovery in recent months as several large companies announced finished deals.

VN among the top three ASEAN countries in term of industrial competitiveness

11:15 | 04/11/2024 Economy

The industrial sector's share of GDP could be over 40 per cent, with the manufacturing and processing industry alone accounting for around 30 per cent of GDP.

Multimedia

Video Longform Infographic Photo

Vietnam's key contributions to ACMECS

11:02 | 07/11/2024 Infographic

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.

Vietnam’s role in GMS economic cooperation

09:20 | 06/11/2024 Infographic

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.

Practical innovations

09:15 | 06/11/2024 Science - Technology

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!

Seven strategic directions to lead the nation into a new era

17:04 | 05/11/2024 Infographic

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.

Delicacy of Hà Nội’s autumn

11:29 | 04/11/2024 Lifestyle

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.

Policy

Vietnam gives top priority to relations with China: PM

16:43 | 07/11/2024 Policy

PM puts forth proposals to develop new-generation GMS economic corridors

14:59 | 07/11/2024 Policy

Kunming – Vietnamese Prime Minister Pham Minh Chinh joined leaders of Cambodia, Laos, Myanmar, Thailand and China as well as heads of the Asian Development Bank (ADB) and regional and international organisations at the 8th Greater Mekong Sub-region (GMS) Summit which opened in Kunming city in China’s Yunnan province on November 7.

Vietnam proactively raises initiatives within CLMV

11:08 | 07/11/2024 Policy

Since the establishment of the Cambodia-Laos-Myanmar-Vietnam (CLMV) cooperation mechanism, Vietnam has consistently acted as an active and responsible member, making significant contributions to the mechanism.

Revised Pharmacy Law only fixes tip of iceberg

10:54 | 07/11/2024 Policy

National Assembly (NA) deputy Phạm Khánh Phong Lan, from the HCM City delegation, spoke to Vietnamplus during the current session of the NA looking at the draft revisions to the Pharmacy Law.

Industry & Trade

Vietnam’s path to sustainable semiconductor industry

10:47 | 07/11/2024 Industry

(VEN) - Vietnam’s semiconductor industry development strategy aims to reach an annual revenue of over US$25 billion in the 2024-2030 period, US$50 billion in the 2030-2040 period, and US$100 billion in the 2040-2050 period.

Industrial production index rises 8.3 per cent in ten months

16:30 | 06/11/2024 Industry

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.

Efforts to bring electricity to remote villages of Ha Giang Province

15:15 | 04/11/2024 Energy

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.

Vietnamese F&B industry works to catch up with green consumption trend

17:38 | 03/11/2024 Industry

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.

Investment

Hanoi attracts 1.6 billion USD in FDI in ten months

15:18 | 07/11/2024 Investment

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

16:16 | 04/11/2024 Investment

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.

Da Nang to invest additional 16 million USD into software park

17:19 | 03/11/2024 Investment

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.

PM receives heads of leading investment firm, authority of Qatar

09:07 | 01/11/2024 Investment

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.

Finance-Banking

Việt Nam's stock market moves closer to emerging market status amid key policy changes

18:05 | 06/11/2024 Stock Market

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

15:46 | 05/11/2024 Finance-Banking

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.

Finance ministry proposes two price management scenarios for year-end

10:11 | 04/11/2024 Finance-Banking

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.

Banking sector prioritises support for import-export firms

16:35 | 02/11/2024 Finance-Banking

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.

Environment

The 2024 Vietwater & WETV exhibitions open in HCMC

14:37 | 06/11/2024 Environment

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).

Workshop looks to address environmental management issues in industrial areas

16:34 | 05/11/2024 Environment

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.

More accurate forecasts at all levels needed to reduce coastal disaster risk

15:07 | 04/11/2024 Environment

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

10:13 | 03/11/2024 Environment

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.

Science - Technology

Practical innovations

09:15 | 06/11/2024 Science - Technology

Technology “key” to attract FDI

09:09 | 05/11/2024 Science - Technology

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.

HCM City partners with Google for Education in digital transformation

14:47 | 04/11/2024 Science - Technology

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.