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Brands are closing premium offline stores due to high rent

This is a problem not only affecting Starbucks. Many brands have also recently closed their stores at prime locations.

Over 280,000 motorbikes manufactured in Vietnam in August

An estimated 280,500 motorcycles were manufactured domestically in August, a 30.9 per cent increase year-on-year, highlighting the positive growth of Việt Nam’s motorcycle manufacturing sector.

Farmers devastated as Typhoon Yagi wipes out crops and infrastructure

On September 8, Typhoon Yagi struck Hanoi with devastating force, leaving farmers in distress as they surveyed the extensive damage.

Investors await more positive stock market: experts

Analysts suggest that at the present, upholding a prudent cash ratio can assist investors in reducing risks and seizing opportunities in times of favourable market dynamics

SBV gives the green light to increase credit

According to the State Bank of Vietnam (SBV), commercial banks and other credit institutes whose credit growth reached 80 per cent of the targets set by the central bank at the beginning of the year, will have their credit limit increased.

Vietnam attracts nearly $21 billion in FDI in eight months

The total registered foreign direct investment (FDI) in Vietnam reached nearly US$21 billion as of August 31, up 7 per cent over the same period last year.

Life insurance companies continue to face challenges

Q2 2024 financial reports of many life insurance companies show sharp declines in profits

Property tycoon Truong My Lan faces second trial amid death penalty appeal

Lan and her co-defendants are accused of fraudulent appropriation of property, money laundering and the unlawful transportation of currency across international borders.

Vietnam enjoys stable economic rebound so far

Over the past six months, the Vietnamese economy has recorded many important and encouraging achievements, showing the economy’s rebouncing to the pre-COVID-19 level, with many bright spots.

Vietnam ranks 49th out of 89 economies in term of real estate transparency: JLL

Vietnam ranked 49th out of 89 economies in term of real estate transparency, according to a recent global real estate transparency index (GRETI) 2024 rankings by global property services firm Jones Lang LaSalle (JLL).

New momentum for Vietnam-Russia trade cooperation

Despite ongoing geopolitical volatilities, the Vietnam-Russia trade grew in 2023, reaching 3.63 billion USD, a slight annual increase of 2.3%.

Wood industry witnesses positive market signals

The final months of the year are when consumers typically renovate and redecorate their homes in preparation for the New Year, providing a significant boost in export orders for the wood industry.

Vietnam's coconut exports to rise remarkably thanks to shipments to China

Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.

Grasshoppers become a luxury delicacy in Hanoi.

During the rice harvest season, rural residents used to catch rice grasshoppers to roast or fry for a simple meal. Today, this once-humble snack has evolved into a luxury delicacy in Hanoi, with prices reaching 800,000 VND/kg.

Illegal invoice trading cases discovered, ministry proposes amending laws

Electronic invoices cannot help prevent fraud and illegal invoice trading, as tax officers have not been able to control all of the data.

Vietnam exports first batch of fruit juice to Pakistan

In June, the Vietnam Trade Office in Pakistan mobilised and directly led a delegation of Pakistani businesses to participate in the 2024 International Supply Chain Connection event in Ho Chi Minh City.

Gas to be backbone of Vietnam energy requirement: seminar

Vietnam needs to develop a holistic strategy to ensure sustainable, reliable and cost-competitive gas supply, experts have said.

Vietnam enjoys over 19 billion USD trade surplus in eight months

Vietnam recorded a trade surplus of 19.07 billion USD in the first eight months of this year, the General Statistics Office (GSO) announced on September 6.

Garment-textile recovery on track as orders increase

The recovery of Vietnam’s garment-textile sector remains on track and is expected to make breakthroughs in the time ahead, insiders have said.

Vietnam’s aquatic product exports reel in positive forecasts to year end

Vietnam's aquatic product exports are on track to hit a target of 9.5 billion USD by the end of this year, buoyed by sustained positive growth in recent months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).