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Vietnam posts trade surplus of 23.31 bln USD in 10 months

Vietnam posted a trade surplus of 23.31 billion USD during January-October, reported the Ministry of Planning and Investment's General Statistics Office (GSO).

Bad debts expected to slow next time despite rising in nine months

According to banks’ financial reports released recently, many banks, including large-scale banks, recorded an increase in bad debts in Q3 2024.

Amendment to tax regulation on foreign suppliers proposed

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Vietnam.

Cross-border game distribution drains revenue from Vietnam’s gaming industry

Local publishers estimate gaming revenue at $4.5 billion, but cross-border companies claim the lion’s share, highlighting the need for clearer policy and domestic support.

10-month export turnover witnesses sharp upswing

Import-export turnover during the past 10 months of the year reached close to US$650 billion, with export earning soaring by 14.9%, according to the latest report from the General Statistics Office (GSO).

Vietnam embraces new wave of investments: HSBC

With the nation recently enjoying a new wave of investment, foreign direct investment (FDI) is the tag word defining Vietnamese success today whilst being an essential source of fresh capital upholding the country’s aspirations to expand and grow.

Vietnamese and American businesses boost trade links

A trade connectivity conference between Vietnamese and American enterprises is set to be held on November 13 in Ho Chi Minh City.

Vietnam makes bold step to improve business climate: VCCI report

Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms.

Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development.

New solutions needed for urgent power projects

Complicated and time-consuming investment and construction procedures are among the main reasons for the stagnation of urgent power projects, the Ministry of Industry and Trade's Electricity and Renewable Energy Authority has said.

Vietnam's seafood sector primed for growth with favourable exports

The third quarter (Q3) profit picture shows a positive recovery for seafood companies, coupled with increasing export expectations in the year-end period, indicating that the industry is entering a new growth cycle.

Vietnamese tea products honoured at international contest

Ten types of Vietnamese tea have been honoured at the Teas of the World International Contest held by France’s Agency for the Valorisation of Agricultural Products (AVPA), with one gold, one silver, two bronze and six consolidate prizes.

Trinity Forum 2024 helps Vietnam’s airport retail take flight

The Trinity Forum 2024, the world's premier airport retail trade forum, kicked off in Ho Chi Minh City on November 5 under the theme “Driving Innovation to Stay Relevant in a Rapidly Changing Consumer Landscape”.

Vietnam’s stock market moves closer to emerging market status

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

Vietnam ranks fifth in the world in tea exports

Vietnam has become the fifth-largest tea exporter in the world with 108,000 tonnes exported by the end of September, generating a turnover of 189 million USD.

Vietnamese businesses want reasonable policies, not money from the state

Vietnamese businesses want to institutionalize the selection of strategic investors, set up technical barriers to promote domestic production, and set clear strategies for key industries.

Gold sells in dribs and drabs, buyers run back and forth between gold shops

Most gold shops have set restrictions on the volume of gold that one individual can buy each day. Just minutes after opening every day, shops simultaneously announce that they have no more gold to sell.

Taking ‘hot seat’, CEO lends big money to Quoc Cuong Gia Lai Group

As soon as he took up the post of CEO of Quoc Cuong Gia Lai Group, Nguyen Quoc Cuong, nicknamed Cuong Dollar, lent VND30 billion to the company. Nguyen Thi Nhu Loan’s family members have lent VND83 billion to the company in total.

Vuong’s son takes office as CEO of EV trading

Pham Nhat Minh Hoang, the second son of dollar billionaire Pham Nhat Vuong, has become CEO of a company specializing in trading and leasing electric vehicles (EVs) with charter capital of VND200 billion.

Ministry says ‘no’ to proposal on raising family allowances

HCM City voters have proposed raising family allowances, or deductions for family circumstance, which have remained unchanged for more than 10 years, but the Ministry of Finance (MOF) says it cannot be done right now.