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Vietnam Motor Show 2024 returns with tech focus, multidimensional experiences

The Vietnam Motor Show (VMS) is roaring back into Ho Chi Minh City this October, showcasing the latest advancements and offerings in the country's automotive and motorcycle industry.

VN electronics enterprises have low, small position in export supply chain

In the first five months of 2024, the contribution of Vietnam's electronic businesses to export turnover reached 31.61 per cent, equivalent to US$49 billion.

Growth goes hand in hand with macroeconomic stability in H1

The impressive growth in the Gross Regional Domestic Product (GRDP) of many localities, with some witnessing increases of over 14%, has contributed to the country’s 6.42-percent GDP expansion in the first half of 2024.

Quality varieties spur Vietnamese rice industry's growth: experts

The success of the rice sector is the fruit of a concerted effort spanning research, production and trade, with high-quality seeds delivered to farmers' hands, former Minister of Agriculture and Rural Development Cao Duc Phat has assessed.

Nearly 25% of flights by Vietnamese airlines delayed in first half of the year

According to the Vietnam Aviation Authority’s report, nearly 31,500 flights were delayed in the first half of the year.

Textile and garment exports projected to grow by up to 10% amid abundant orders

The majority of garment companies of the Vietnam Textile and Garment Group have enough orders until the end of the year and are currently negotiating orders for early 2025.

Banks permitted to sell investment-linked insurance products

Commercial banks can continue to sell investment-linked insurance products through the bancassurance channel.

Competition in NPK fertiliser market heats up

The Vietnamese fertiliser market is fragmented, with many small producers, but that is changing

MOIT wants businesses to set petroleum prices themselves

The Ministry of Investment and Trade (MOIT) has been insisting on giving petroleum distributors the right to determine prices based on factors to be announced by the state.

Shark Tank Vietnam Season 7: International investor joins panel of sharks

Shark Tank Vietnam is set to return for its seventh season with an exciting lineup featuring four new sharks, including an international investor.

Business stories of the week (July 8-12)

Vietnamese people’s incomes have increased faster than those of Thai residents. Banks are warned about online scams. The police launch legal proceedings against Cong Minh Green Tree.

Taxing gold buyers is a tax-on-tax, say experts

The view that it is necessary to tax gold purchases so that people 'love' gold less, according to experts, needs to be done in a calculated way, not to tax arbitrarily, to avoid a tax on tax.

Minister asks for FIATA’s support in dealing with increased shipping freights

Vietnam hopes to learn from experiences and solutions that FIATA member countries and associations have applied, especially in handling port surcharges.

New legal framework to create advantages for foreign real estate investors

Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.

Vietnamese billionaires getting richer as stock assets soar

The stock assets held by billionaire Pham Nhat Vuong have unexpectedly soared. Other businesspeople have also seen their asset value climb despite the stock market gloom and foreigners’ net sales.

Ministry probes overseas links in $4.5 billion Van Thinh Phat Case

The Ministry of Public Security has requested international cooperation to verify the legal status and relationships of 11 organizations linked to Truong My Lan and her husband. The results are still pending.

Industrial property market heats up on trade recovery

The industrial realty market has recorded robust development on the back of recovering foreign trade which grew 15.7% year-on-year to 368.53 billion USD in the first half of the year, insiders have said.

Securities firms see bright picture for market in July

The Vietnamese stock market is expected to trade positively in July thanks to the second quarter optimistic business results, said insiders.

Vietnamese wheat flour products pass export examination for Taiwanese market

Vietnam’s wheat products have been checked and cleared for export to Taiwan (China).

European firms hope for Vietnam’s continuous policy adjustments: EuroCham survey

The European Chamber of Commerce in Vietnam (EuroCham) on July 15 released its Business Confidence Index (BCI) report for the second quarter of 2024.