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Provinces in ’race’ to plan golf courses in 2024

Provinces across the country are initiating new moves to plan golf courses. The number of courses is expected to more than double next year.

After losses, 4 Samsung factories in Vietnam make billions of dollars in profits

Four Samsung factories in Vietnam have rebounded impressively, turning significant profits in the first quarter of 2024 after experiencing losses in the preceding quarter. This resurgence signals a positive shift in operational dynamics.

VN coffee growers double income with carbon-emission reduction scheme

Vietnam is the world's top exporter of Robusta coffee, earning nearly US$4.2 billion of export revenue in 2023. If switching to carbon emission reduction production, the income of coffee farmers could double.

Settlement of weak banks remains tough: SBV

The settlement of weak banks has faced difficulties as the work mainly depends on the voluntary participation of well-performed banks, the State Bank of Vietnam (SBV) has said.

Vietnam proposes initiatives at St. Petersburg International Economic Forum 2024

Vietnamese Deputy Prime Minister Tran Luu Quang put forwards three initiatives at the 27th St. Petersburg International Economic Forum in Russia, in order to increase economic links between countries in the Eurasian region.

More Vietnamese agricultural products given green-light to enter China

With regard to passion fruit and chili products that have been exported on a pilot basis, the two sides agreed to accelerate the completion of procedures for signing these two documents in the near future.

Gold smuggling cases discovered throughout country

As gold prices in Vietnam are much higher than the world price, smugglers have been trying every possible way, by air and road, to bring gold over the border to Vietnam for sale.

Green construction standards become popular again in Vietnam

Experts believe that "green" will be a "weapon" for businesses to compete with rivals in the world market in three to five years.

Semiconductors: an 'expensive game' for Vietnam

It is clear that Vietnam should develop a semiconductor industry, but we need to seriously consider which stage of the global value chain to participate in and how determined we are to gain a position in that value chain.

Electric car market: Abundance of options, infrastructure shortfall

Besides VinFast's electric cars, foreign electric vehicle manufacturers have recently announced plans to introduce multiple models in Vietnam, with various price ranges.

Output growth quickens amid sustained rise in new orders: PMI

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) was unchanged at 50.3 in May, signalling a second consecutive marginal monthly improvement in business conditions in the sector.

VN coffee exports reach $2.9 billion in five months, up 43.9%

Despite impressive export value growth, Vietnam's coffee industry is facing a drop in output for export due to prolonged heat and drought.

VBA seeks collaboration to establish legal framework for virtual assets

The Vietnam Blockchain Association (VBA) today hosted a workshop to gather feedback and build a legal framework for managing virtual assets (VAs) and virtual asset service providers (VASPs).

Investors eye Waste-to-Energy projects

WTE (waste to energy) has begun catching interest from investors in Vietnam as it can both treat waste and generate electricity. However, this is still unfamiliar to Vietnamese businesses.

Vietnam's stock market cap to GDP reaches 68%

Vietnam’s stock market capitalization had amounted to VND6.93 quadrillion by late last month, equivalent to 68% of the country’s GDP, according to the Ministry of Finance.

Scores of audit recommendations remain unimplemented: Auditor General

The State Audit Office has issued 1,345 financial reports in the past five years, with 19 cases being flagged for potential legal violations.

Vietnamese businesses struggle to sell profitably on Amazon

While US e-commerce site Amazon is a hit for many Vietnamese businesses, some struggle to profitably do business on the platform since operating expenses are high.

Buyers beware, gold prices can still go down further: SJC

Residents in large cities have been lining up to buy SJC gold bars at outlets set up by commercial banks since yesterday, with many saying they have not been able to finalise any purchases.

Livestream sellers ordered to pay taxes, clear old debts

Vietnamese tax authorities are urging individuals earning incomes from e-commerce and social media platforms, especially through livestreaming, to fulfil their tax obligations.

Vietnamese goods sued in 247 trade defence cases from 24 markets

The US was the country which initiated the biggest number of investigations into Vietnamese goods last year, with seven cases.