Garment makers pin hopes on coming year-end shopping season Viettel launches the world’s first O-RAN 5G Network Quảng Ninh to attract more foreign tourists by year-end Seminar helps fashion businesses identify future consumers Ample opportunities await Vietnamese exporters in South Asia: Workshop
State bank urges credit growth, consumer lending

State bank urges credit growth, consumer lending

16:39 | 19/10/2024 Finance-Banking

The State Bank of Vietnam (SBV) has issued a document requesting banks and credit institutions apply measures to boost consumption and spending.
Asian shares are at their lowest in three weeks

Asian shares are at their lowest in three weeks

16:18 | 19/10/2024 Stock Market

(VEN) - Asian stock markets fell sharply after a tech sell-off on Wall Street, which raised concerns about the sustainability of artificial intelligence (AI) stocks.
Eximbank denies system risk rumours, confirms stable operations

Eximbank denies system risk rumours, confirms stable operations

09:59 | 17/10/2024 Finance-Banking

Eximbank has refuted rumours circulating on social media about an 'urgent petition and reflection' allegedly citing severe risks that could lead to operational insecurity and a potential system collapse at the bank.
Stock market sees notable recovery amid ongoing uncertainties

Stock market sees notable recovery amid ongoing uncertainties

09:11 | 15/10/2024 Stock Market

The Vietnamese stock market marked a significant turning point after a prior correction phase, with a remarkable recovery in the past trading week.
Non-bank corporate bonds forecast to recover in year-end months

Non-bank corporate bonds forecast to recover in year-end months

09:26 | 23/10/2024 Finance-Banking

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.
Banks urged to further reduce capital costs, lending interest rates

Banks urged to further reduce capital costs, lending interest rates

11:33 | 21/10/2024 Finance-Banking

(VEN) - According the State Bank of Vietnam’s (SBV) leadership, with the current growth rate and overall economic trends, Vietnam’s 15-percent credit growth target for 2024 is within reach. However, the SBV emphasized that the key is to focus credit growth on boosting the economy, particularly prioritizing support for trading and production activities.
Mandatory transfers announced for CB, OceanBank

Mandatory transfers announced for CB, OceanBank

09:51 | 21/10/2024 Finance-Banking

In a move to restructure the credit institution system and tackle bad debts, the State Bank of Vietnam (SBV) has announced the mandatory transfer of two major banks.
HCM City to effectively utilise remittance for development

HCM City to effectively utilise remittance for development

18:17 | 13/10/2024 Finance-Banking

HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.
PM urges WB to provide concessional loans for key infrastructure projects

PM urges WB to provide concessional loans for key infrastructure projects

08:52 | 11/10/2024 Finance-Banking

Vietnamese Prime Minister Pham Minh Chinh has called for the World Bank (WB)'s continued support and concessional loans targeting key infrastructure projects, including high-speed and urban rail systems, major seaports and airports.
DIC Corp completes buyback of $18.6 million in bonds

DIC Corp completes buyback of $18.6 million in bonds

09:25 | 10/10/2024 Finance-Banking

Development Investment Construction (DIC Corp) said that it has fully redeemed the bonds it issued in September 2021.
Update on exclusive partnership between Manulife Vietnam and Techcombank

Update on exclusive partnership between Manulife Vietnam and Techcombank

14:52 | 08/10/2024 Finance-Banking

Manulife Vietnam and Techcombank on Monday announced updated information on their exclusive insurance distribution partnership in Việt Nam.
VPBank, LOTTE C&F cooperate to provide financial service with “Buy now pay later” product

VPBank, LOTTE C&F cooperate to provide financial service with “Buy now pay later” product

09:31 | 07/10/2024 Finance-Banking

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and LOTTE C&F Vietnam Co., Ltd held a ceremony on September 27 for the signing of a MOU on optimising theirs resources, promoting sustainable growth, and bringing flexible, economical and effective consuming finance solutions to LOTTE customers.
Budget revenue from import-export activities up 13.5%

Budget revenue from import-export activities up 13.5%

16:29 | 04/10/2024 Finance-Banking

State budget revenue from import-export activities in the first nine months of 2024 reached more than 306 trillion VND (12.4 billion USD), accounting for 81.7% of the set target and increasing 13.5% from the same period last year, the General Department of Vietnam Customs (GDVC) has reported.
SSI: Masan to benefit from Vietnamese stock market upgrade

SSI: Masan to benefit from Vietnamese stock market upgrade

17:11 | 02/10/2024 Stock Market

Masan Group Corporation (HOSE: MSN) is expected to attract significant foreign capital as Việt Nam’s stock market is projected to receive up to US$1.7 billion from exchange-traded funds (ETFs) following its upgrade to emerging market status.
State Bank of Vietnam takes measures to stablise gold market

State Bank of Vietnam takes measures to stablise gold market

14:56 | 01/10/2024 Finance-Banking

The State Bank of Vietnam (SBV) is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities and stabilise the gold market.
Tax sector fulfills nearly 85 percent of State budget collection estimate

Tax sector fulfills nearly 85 percent of State budget collection estimate

15:07 | 30/09/2024 Finance-Banking

State budget collection has so far reached 85 percent of this year's estimate, Deputy Minister of Finance Nguyễn Đức Chi has reported.
Vietnam elected as member of ASOSAI Audit Committee

Vietnam elected as member of ASOSAI Audit Committee

17:11 | 28/09/2024 Finance-Banking

The State Audit Office of Vietnam (SAV) was elected as one of the two members of the Asian Organisation of Supreme Audit Institutions (ASOSAI) Audit Committee for the 2024-2027 term at the second plenary session of the 16th ASOSAI Assembly in New Delhi, India, on September 27.
Seminar seeks to enhancing Vietnam - Korea financial synergies

Seminar seeks to enhancing Vietnam - Korea financial synergies

17:23 | 26/09/2024 Finance-Banking

A seminar entitled ‘Towards a sustainable future: Enhancing Vietnam – Republic of Korea (RoK) financial synergies’ was held in Hanoi on September 25, gathering representatives of state management agencies, credit institutions, businesses, and experts and scientists from Vietnam and the RoK.
Japan helps Vietnam improve stock market’s transparency

Japan helps Vietnam improve stock market’s transparency

15:40 | 23/09/2024 Stock Market

Hanoi – Japan will continue its support for the State Securities Commission (SSC), stock exchanges and relevant parties in Vietnam to improve the equity market’s fairness and transparency under a technical assistance project from the Japan International Cooperation Agency (JICA), heard a workshop in Hanoi on September 23.
Banks discuss measures to support typhoon-affected customers

Banks discuss measures to support typhoon-affected customers

15:52 | 22/09/2024 Finance-Banking

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has urged credit institutions to evaluate the impacts of typhoon Yagi and classify affected customers eligible for support programmes.
VAMC to auction bad debts starting at nearly $10 mln

VAMC to auction bad debts starting at nearly $10 mln

08:53 | 20/09/2024 Finance-Banking

Vietnam Asset Management Company (VAMC) has disclosed its plan to auction off bad debts from two clients, namely Phúc An Khang International Hospital Corporation and Bình Dương Construction Stone Co., Ltd.
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Garment makers pin hopes on coming year-end shopping season

Garment makers pin hopes on coming year-end shopping season

17:04 | 14/11/2024 Economy

Despite ongoing challenges, Vietnamese garment makers are optimistic about the coming year-end shopping season, seeing it as an opportunity to meet the export earnings target this year.
Viettel launches the world’s first O-RAN 5G Network

Viettel launches the world’s first O-RAN 5G Network

16:59 | 14/11/2024 Science - Technology

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.
Quảng Ninh to attract more foreign tourists by year-end

Quảng Ninh to attract more foreign tourists by year-end

16:52 | 14/11/2024 Tourism

The northeastern province of Quảng Ninh, home to Hạ Long bay, a UNESCO World Heritage Site, is actively working to reach its target of 19 million visitors in 2024, including 3.5 million international arrivals.
Seminar helps fashion businesses identify future consumers

Seminar helps fashion businesses identify future consumers

16:47 | 14/11/2024 Culture

Vietnamese fashion businesses discussed how to identify the consumer profiles and sentiments that will drive business growth in the coming years at a seminar held in Hà Nội on Monday.
Ample opportunities await Vietnamese exporters in South Asia: Workshop

Ample opportunities await Vietnamese exporters in South Asia: Workshop

16:20 | 14/11/2024 Economy

Although South Asia is an enormous market with substantial consumer demand well-suited for Vietnam's key export staples, trade potential with the region remains fully untapped, experts revealed at a workshop in Ho Chi Minh City on November 13.

Multimedia

Video Longform Infographic Photo
vietnam actively contributes to apec

Vietnam actively contributes to APEC

08:59 | 14/11/2024 Infographic

Vietnamese State President Luong Cuong leads a high-level delegation to Peru for an official visit and to attend the 2024 APEC Economic Leaders' Week in Lima from November 12-16 at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra. Since joining APEC in 1998, Vietnam has made significant contributions to APEC’s goals, actively proposing initiatives and fulfilling key roles.
vietnams national brand value reaches 507 billion usd in 2024

Vietnam’s national brand value reaches 507 billion USD in 2024

17:06 | 11/11/2024 Infographic

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.
vietnam chile comprehensive partnership

Vietnam-Chile Comprehensive Partnership

09:51 | 10/11/2024 Infographic

President Luong Cuong’s official visit to the Republic of Chile from November 9 to 12 comes as relations between the two countries continue to grow positively. The visit aims to enhance the Vietnam-Chile Comprehensive Partnership, making it more substantive, impactful, and effective.
vietnam manufacturing returns to expansion

Vietnam manufacturing returns to expansion

13:31 | 09/11/2024 Infographic

The S&P Global Vietnam Manufacturing PMI rose to 51.2 in October from 47.3 in September, marking a return above the 50-point threshold after disruptions caused by Typhoon Yagi.
vietnams key contributions to acmecs

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.

Policy

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

09:47 | 13/11/2024 Policy

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

17:13 | 12/11/2024 Policy

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
Việt Nam to stiffen regulations on violating social network platforms

Việt Nam to stiffen regulations on violating social network platforms

16:23 | 12/11/2024 Policy

Minister of Information and Communications Nguyễn Mạnh Hùng said social networks can be a force for positive impacts, such as facilitating people to communicate and do business, but also pose many risks.
Party leader of Việt Nam holds phone talks with President-elect of US

Party leader of Việt Nam holds phone talks with President-elect of US

08:55 | 12/11/2024 Policy

Party leader Tô Lâm congratulated Donald Trump on his election as the 47th President of the US while highly valuing the latter’s contributions to the development of the two countries’ relations.

Industry & Trade

Foreign investors expand chip packaging footprint in Viet Nam

Foreign investors expand chip packaging footprint in Viet Nam

16:17 | 14/11/2024 Industry

Foreign tech giants are expanding capacity in Viet Nam for testing and packaging, according to Reuters.
Construction material industry

Construction material industry's revenue to reach 47 billion USD

11:40 | 13/11/2024 Industry

Despite significant domestic demand due to low housing rates and incomplete infrastructure, Vietnam's construction materials industry faces challenges, according to insiders.
Footwear industry eyes UKVFTA to bolster exports

Footwear industry eyes UKVFTA to bolster exports

10:00 | 11/11/2024 Industry

Việt Nam’s footwear industry is utilising the United Kingdom–Vietnam Free Trade Agreement (UKVFTA) to increase exports, according to the Việt Nam Leather, Footwear and Handbag Association (Lefaso).
North-South express railway – driving force to spawn new support industries

North-South express railway – driving force to spawn new support industries

17:09 | 08/11/2024 Support industries

The North-South express railway project will create a significant opportunity for Vietnam's mechanical and construction industries to advance in technology.

Investment

Bac Giang prioritises high-tech FDI projects, services industry

Bac Giang prioritises high-tech FDI projects, services industry

17:04 | 12/11/2024 FDI

The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.
Vietnam draws new wave of high-value investments: Savills

Vietnam draws new wave of high-value investments: Savills

19:30 | 10/11/2024 Investment

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Hanoi attracts 1.6 billion USD in FDI in ten months

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

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.

Finance-Banking

UK stands ready to help Vietnam build international financial hub

UK stands ready to help Vietnam build international financial hub

17:13 | 13/11/2024 Finance-Banking

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.
S&P affirms Techcombank’s BB- rating

S&P affirms Techcombank’s BB- rating

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

S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.
Tax sector fulfils nearly 95% of state budget collection target

Tax sector fulfils nearly 95% of state budget collection target

15:38 | 09/11/2024 Finance-Banking

The General Department of Taxation on November 7 reported that the total state budget collection of the sector in January – October was estimated at over 1.4 quadrillion VND (55.18 billion USD), or 94.8% of the annual projection and up 16.3% against the same time last year.
Việt Nam

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.

Environment

Hà Nội requires comprehensive emission data to develop effective air pollution control plan

Hà Nội requires comprehensive emission data to develop effective air pollution control plan

15:03 | 14/11/2024 Environment

Air pollution in Hà Nội has become a significant public concern, particularly in light of reports that it is one of the most polluted cities in the world. This situation demands urgent and coordinated measures from authorities to control and mitigate pollution, which poses serious health risks to the community.
Vietnam looks towards Net Zero goal in agriculture

Vietnam looks towards Net Zero goal in agriculture

17:25 | 12/11/2024 Environment

(VEN) - On November 15, the Central Committee of the Vietnam Farmers’ Union, in coordination with the Ministry of Natural Resources and Environment, will hold a forum for the President of the Vietnam Farmers’ Union and the Minister of Natural Resources and Environment to listen to farmers’ opinions.
Holistic approach needed to improve glass recycling

Holistic approach needed to improve glass recycling

11:31 | 12/11/2024 Environment

A holistic approach is key to developing solutions that can drive change in glass recycling in Việt Nam and the ASEAN region, experts suggested.
Storm Toraji intensifies and moves northwest in East Sea

Storm Toraji intensifies and moves northwest in East Sea

08:58 | 12/11/2024 Environment

Accompanied by strong winds reaching level 6, with gusts up to level 8 near Lý Sơn Island in Quảng Ngãi Province, the storm originated from a tropical depression.

Science - Technology

Viettel launches the world’s first O-RAN 5G Network

Viettel launches the world’s first O-RAN 5G Network

16:59 | 14/11/2024 Science - Technology

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.
4G mobile network coverage reaches 99% of Vietnamese population: Minister

4G mobile network coverage reaches 99% of Vietnamese population: Minister

16:51 | 13/11/2024 Science - Technology

Vietnam's 4G mobile network coverage now reaches 99% of the population, bringing the country close to the level of developed nations, which is at 99.4%, Minister of Information and Communications Nguyen Manh Hung affirmed at a Q&A session as part of the 15th National Assembly’s ongoing 8th sitting on November 12.
Quang Ninh to host 3rd Vietnam Int

Quang Ninh to host 3rd Vietnam Int'l Digital Week next week

17:11 | 12/11/2024 Science - Technology

The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.
Việt Nam

Việt Nam's new fast track policies to boost high-tech investment environment set for approval

09:33 | 09/11/2024 Science - Technology

Minister of Planning and Investment Nguyễn Chí Dũng has revealed that the government's new policies to position Việt Nam as a prime destination for high-tech investment, especially in sectors like semiconductors, will be approved this year.

Society

Night flights added at six airports to meet rising travel demand during Tet

Night flights added at six airports to meet rising travel demand during Tet

15:12 | 14/11/2024 Society

The Civil Aviation Authority of Vietnam (CAAV) has approved proposals from several domestic airlines to increase night flights to meet the higher travel demand during the Lunar New Year (Tet) which falls in late January 2025.
Vietnamese universities strive to attract international students

Vietnamese universities strive to attract international students

11:43 | 13/11/2024 Society

Over recent years, the number of international students studying at Vietnamese universities has steadily increased, reflecting a growing recognition of Vietnam’s higher education quality. This rise is attributed to universities focusing on quality assurance.
Social network users must authenticate accounts from December 25

Social network users must authenticate accounts from December 25

17:10 | 12/11/2024 Society

Livestreamers who work commercially will have to use personal identification numbers to authenticate their accounts.
Long Thanh Airport’s runways expected to be completed three months ahead of schedule

Long Thanh Airport’s runways expected to be completed three months ahead of schedule

15:57 | 12/11/2024 Society

(VEN) - The phase-3 project at Vietnam’s US$16-billion and largest airport – Long Thanh – is expected to complete basic construction before December 2025, with equipment installation and trial operations beginning in early 2026.

Vietnamese Brands

Hà Nội to host large-scale international fair for key industrial products in 2025

Hà Nội to host large-scale international fair for key industrial products in 2025

16:54 | 12/11/2024 Vietnamese Brands

The city will also organise a conference to connect 50-70 leading industrial product manufacturers with local universities and vocational training institutions.
Agriculture, craft village festival to be held in Hà Nội

Agriculture, craft village festival to be held in Hà Nội

16:49 | 12/11/2024 Vietnamese Brands

Visitors will have the opportunity to explore the agricultural culture of Hà Nội and purchase high-quality products with traceable origins.
Vietnamese Goods Week brings vibrant showcase to Thai province

Vietnamese Goods Week brings vibrant showcase to Thai province

10:16 | 08/11/2024 Vietnamese Brands

The annual Vietnamese Goods Week has arrived in Udon Thani province of Thailand, transforming it into a vibrant marketplace for Vietnamese products.
Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

11:05 | 07/11/2024 Vietnamese Brands

Sóc Trăng Province's OCOP Council was recently granted the prestigious 5-star rating to ST25 fragrant rice from Trần Đề District, reinforcing its status as a high-quality local product.
tcty-dau-khi-vn-pv-power-2022

Culture

Seminar helps fashion businesses identify future consumers

Seminar helps fashion businesses identify future consumers

16:47 | 14/11/2024 Culture

Vietnamese fashion businesses discussed how to identify the consumer profiles and sentiments that will drive business growth in the coming years at a seminar held in Hà Nội on Monday.
Kiên Giang to host Khmer cultural festival

Kiên Giang to host Khmer cultural festival

16:45 | 13/11/2024 Culture

The Cửu Long (Mekong Delta) province of Kiên Giang will host the 2024 Khmer Culture, Sports and Tourism Festival from November 13-16.
Two Vietnamese artists nominated for Grammy Awards

Two Vietnamese artists nominated for Grammy Awards

17:02 | 12/11/2024 Culture

Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuân Loan, and director Bảo Nguyễn have been nominated for Grammy Awards this year.
Great Solidarity of Ethnic Groups Week to take place next week

Great Solidarity of Ethnic Groups Week to take place next week

09:55 | 08/11/2024 Culture

The Great Solidarity of Ethnic Groups - Vietnamese Cultural Heritage Week 2024 will take place at the Vietnam National Village for Ethnic Culture and Tourism in Hanoi from November 16-24, according to the Ministry of Culture, Sports and Tourism.

Tourism

Quảng Ninh to attract more foreign tourists by year-end

Quảng Ninh to attract more foreign tourists by year-end

16:52 | 14/11/2024 Tourism

The northeastern province of Quảng Ninh, home to Hạ Long bay, a UNESCO World Heritage Site, is actively working to reach its target of 19 million visitors in 2024, including 3.5 million international arrivals.
Vietnam promotes int’l cooperation in MICE tourism development

Vietnam promotes int’l cooperation in MICE tourism development

14:47 | 14/11/2024 Tourism

(VEN) - MICE is a type of tourism that combines meetings, incentives, conferences, and exhibitions organized by businesses for their staff, employees, and partners. Compared to other countries in the region, Vietnam is considered to have great potential for MICE tourism development.
2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

17:04 | 13/11/2024 Tourism

The 11th Nha Trang – Khanh Hoa Sea Festival will take place from June 7 - 9 next year, offering a great chance for the south-central coastal province of Khanh Hoa to promote and honour the beauty and immense value of its sea.
Việt Nam to welcome more international cruise ship tourists

Việt Nam to welcome more international cruise ship tourists

16:36 | 13/11/2024 Tourism

Việt Nam has recognised the potential of cruise tourism and is planning to attract more international visitors through this mode of travel.
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