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Vietnam’s economy maintains growth despite global uncertainties

The Asian Development Bank (ADB) has maintained its previous forecast about Vietnam’s economic growth in 2024, despite uncertain global conditions.

As electricity use climbs, businesses urged to arrange shifts in off-peak hours

Because electricity consumption has been at a high level, Electricity of Vietnam (EVN) has proposed a policy encouraging enterprises to operate production during off-peak hours.

Gold prices hit new record high at VND85 million per tael

Gold prices in the domestic market maintained an upward trend on April 12, with gold bars reaching a new high of VND85 million per tael, and gold rings setting new record of VND78.20 million per tael.

NA Chairman receives leaders of Chinese corporations

Chairman of the National Assembly Vuong Dinh Hue hosted receptions for leaders of several Chinese corporations in Kunming city, Yunnan province, on April 12 as part of his official visit to China.

Binh Duong to host Horasis China Meeting 2024

Horasis China Meeting 2024 will take place in the southern province of Binh Duong on April 14 – 16, featuring six plenary sessions and 24 dialogues, according to Vice Chairman of the provincial People's Committee Mai Hung Dung.

Vietnam transforming into new global manufacturing hub: experts

Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality.

More Vietnamese going out to eat despite economic difficulties

A report on the food and beverage business in Vietnam in 2023 found that Vietnamese spend up to VND70,000 on each visit to a café.

VN textile industry in sustainability push to meet stringent requirements

Vietnam's textile and garment businesses are making a green push with development of eco-friendly products adapted to global fashion trends and by meeting the stringent requirements under free trade agreements the country has signed.

New strategies needed to attract overseas-Vietnamese to semiconductor industry

Vietnamese experts who live and work overseas are a great source of talent for the semiconductor industry development in Vietnam.

Vietnam mulls expansion of direct power purchase agreement mechanism

The Ministry of Industry and Trade is seeking to expand the list of participants in the direct power purchase agreement mechanism (DPPA) beyond just manufacturing customers, as initially proposed.

Cement association proposes PM address challenges facing producers

The VN National Cement Association has just submitted a proposal to the PM aimed at addressing financial and production bottlenecks faced by cement manufacturers who are at risk of bankruptcy and potential acquisition by foreign companies.

US emerges as largest consumer of Vietnamese cashew

The United States remains Vietnam’s largest cashew export market, recording 39,142 tonnes of exports worth more than US$208 million in the first quarter of the year, according to figures released by the General Department of Vietnam Customs.

Government promotes renewable-electricity policy

Now implementing the eighth national power development plan in 2021-2020 (Plan 8), the government has requested the Ministry of Industry and Trade (MOIT) to urgently fulfill procedures to create policies for renewable electricity development.

Vietnam ready to ride US investment wave

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.

Vietnam has great potential for biofuel: experts

Biofuels are part of the country’s strategy to reduce greenhouse gas emissions.

Air India to start New Delhi-Ho Chi Minh City flights from June

Air India is launching a new route between New Delhi and Ho Chi Minh City starting on June 1st, the Indian national flag carrier announced on April 10.

ADB maintains 6% growth forecast for Vietnam's economy

The Asian Development Bank (ADB) has maintained its earlier growth projection for Vietnam this year despite lingering uncertainties in the external environment. Vietnam’s economy is expected to grow at 6.0% and 6.2% in 2024 and 2025, respectively.

EU coffee demand expected to rise, VN now the only Robusta supplier

The EU imported 4.05 million tons of coffee in 2023, worth $20.79 billion, according to Eurostat. The figure was a 9 percent decrease in quantity and 10.2 percent in value compared to 2022.

F&B market robust on rising middle class

Findings showed that the F&B industry reached a revenue of VNĐ590 trillion (US$23.65 billion) in 2023, a rise of 11.47 per cent against 2022, in which dine-in accounted for more than 91 per cent.

Vietnam wants to develop 1 million hectares of low-emission rice-growing area

The Ministry of Agriculture and Rural Development (MARD) is planning to ask for a VND9 trillion loan to support a one million hectare low-emission rice project in Mekong River Delta.