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The high level of stability has helped Vietnam attract foreign investors, according to Chief Representative of the Russian Trade Office in the Southeast Asian nation Viacheslav Kharinov.
Nguyen Thi Thu Huong, CEO of Kinh Bac Urban Development Corporation, emerged as Vietnam's highest-paid executive in 2023, with an annual income of 17 billion VND. Her earnings outpaced those of banking and finance leaders.
Shareholders should have 180 days to contribute charter capital to their company instead of 90 days starting immediately, the Vietnam Chamber of Commerce and Industry (VCCI) recently proposed.
India's global trade share has not kept pace with its economic growth, with Vietnam and Bangladesh overtaking the nation as low-cost manufacturing and export hubs, according to the World Bank's recent report.
The enterprise behind the so-called Da Nang Silicon Valley once developed at lightening speed and became a giant, but it has gone downhill recently.
Sustainable rice farming models in Mekong Delta localities have delivered promising results, taking strides toward more eco-friendly and profitable agriculture, the Ministry of Agriculture and Rural Development said.
Vietnam is becoming a regional leader in infrastructure investment, with an investment level reaching 6% of GDP, significantly higher than the ASEAN average of 2.3%.
Instead of introducing low-cost cars to compete with Japanese and South Korean rivals as they did in the past, Chinese automobile brands have changed their strategy.
As the 2024 Land Law takes effect, Ho Chi Minh City has identified the need to revise its current land price table, which was implemented on January 16, 2020.
Vietnam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.
Vietnam has had more than 400 green buildings with a combined certified construction area of about 10 million sq.m, according to the Ministry of Construction.
Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
Asset risks and profitability of Vietnamese banks remained broadly stable, but small banks faced more loan delinquencies and liquidity issues in the first half of 2024, analysts said.
With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.
Citilink Indonesia, in cooperation with PT UOS Travel, plans to launch chartered flights connecting Jakarta, Indonesia and the central city of Da Nang as an expansion of the tourism market by December 2024.
Vietnam’s import value of meat and meat products was worth US$1.08 billion during the first eight months of the year, representing an annual surge of 20.3%, according to the General Department of Vietnam Customs.
Chinese carrier Colorful Guizhou Airlines has chosen Hanoi as its first international destination by launching a direct air route between Guiyang city (China) and Hanoi.
Vietnam's fruit industry celebrates a $4.63 billion export milestone, with farmers across the country reaping unprecedented profits from high-demand products like durian, lychee, and longan.
The country’s largest import markets for ores and minerals are Australia, Brazil, Laos, Thailand, Cambodia, India, Turkey, and China.
While the influx of imported goods has presented challenges, with signs of dumping and subsidisation impacting domestic industries, Vietnam has effectively countered these threats.