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'Awakening the city of water': developing the Saigon River waterfront

Ngo Viet Nam Son, a famous architect, believes that it is necessary to develop the river city of HCM City and "awaken" the Sai Gon River.

Businesses pivot to neighbouring markets due to uncertainties elsewhere

Some Vietnamese businesses have shifted their focus to penetrate neighbouring markets due to logistics convenience and concerns about shipping tensions elsewhere.

Skincare industry on the cusp of rapid growth

With its large young population and rising disposable incomes, Vietnam is an attractive market for manufacturers and distributors of skincare products, according to industry insiders.

SBV predicts SJC-branded gold bullion price to keep declining

Analysts held that the continuous decrease in the price of SJC gold bullion after it is sold directly by the SBV over the past few days has kept the gap at a reasonable level.

Vietnam's coffee prices on the rise

Coffee prices continued to rise sharply on June 5, ranging from 122,000 - 123,500 VND (4.8-4.86 USD) per kilogramme in the Central Highlands – the largest coffee growing area in the country.

Import surplus returns after 23 months, experts downplay concerns

After enjoying trade surpluses for the past consecutive 23 months, Vietnam slipped into an import surplus in May 2024, sparking concerns about the health of the economy, but experts say it is not really a worrying sign.

VN leads the region in attracting long-term investment into innovative start-ups

The wave of innovative start-ups in Vietnam has developed at “dizzying” speeds, attracting the attention of many domestic and foreign investors, said a seminar, entitled 'Investment Policies for Start-ups' in Hanoi, heard Monday.

International funds in Da Nang show interest in Vietnam’s startups

Ten large international funds and 30 startup projects met in Da Nang several days ago. The municipal authorities hope the city will be an attractive destination for investors and startups.

Hai Phong remains leading destination for FDI

The northern port city of Hai Phong attracted 647 million USD in foreign direct investment (FDI) in the first five months of 2024, up 11% year on year, solidifying its position as one of the biggest recipient of FDI nationwide.

Vietnam joins world’s ‘clean energy train’

LNG (liquefied natural gas) is considered the trump card of clean energy trends. Vietnam is following the trend, having committed to reduce net emissions to zero by 2050.

Non-traditional security risks pose threat to Vietnamese stock market

The rapid development of the Vietnamese stock market has also led to increased risks, including non-traditional security challenges like transnational or high-tech crimes, which can have a widespread impact on stock market operations.

Vietnam holds about 30 million tonnes of rare earths

Rare earths include 17 elements, most of which play an irreplaceable role in producing high-tech equipment, batteries, permanent magnets for electric vehicles, wind turbines, aeroplanes, phones and the defence industry.

State Bank of VN pegs gold bullion at over US$3,000

SJC-branded gold bullion is sold at 77.98 million VND (3,069 USD) per tael on June 4 as approved by the Governor of the State Bank of Vietnam (SBV).

Foreign investors' net selling exceeds US$2.3 billion since 2023

Foreign investors have net sold Vietnamese stocks on HoSE with a value of 58 trillion VND (over 2.3 billion USD) since the beginning of 2023, indicating a prevailing trend of net selling in the Vietnamese stock market.

VinFast named among world's 100 most influential companies in 2024

Electric vehicle maker VinFast has become the only representative from Vietnam to be listed in the "TIME 100 most influential companies 2024”, alongside Google, Microsoft, and Amazon.

National economy under growth and inflationary pressure

The national economy is facing a number of challenges, including ensuring growth and curbing inflation after many years of maintaining macroeconomic stability and controlling the rate of inflation at below 4%.

Central bank moves to sell SJC gold bars at ‘stable prices’

The State Bank of Vietnam (SBV) on June 3 sold SJC branded gold bars to four State commercial banks and a gold and gemstones company at a stable price in an effort to narrow the disparity between domestic and global gold bar prices.

The homeland of first-class teas served to VIP guests

Ancient tea forests with thousands of trees with smooth white leaf buds are the homeland of the famous first-class tea – Bach Tra Shan Tuyet Ha Giang.

Ministry to require authentication for e-commerce sellers to protect consumers

The Ministry of Industry and Trade is looking into regulations to better manage e-commerce business and protect the rights of consumers, including a requirement on authentication of individual sellers.

State capital divestment gains momentum in VN with high-profile deals in focus

The State Capital Investment Corporation (SCIC) announced plans to sell capital in 31 companies, attracting significant market interest.