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Fines issued on 764 violations in e-commerce total VND12 billion in 2023

The Ministry of Industry and Trade (MoIT) revealed that there were 764 violations in e-commerce with a total fine of VND12 billion (US$ 471,601) in 2023.

Da Nang plans to invest VND7.2 trillion in 38 yacht projects

Danang City has unveiled a plan to invest VND7,260 billion in building a series of yacht marinas and developing related facilities to stimulate growth.

Sellers who make online livestreams must pay tax: Deputy Minister

Deputy Minister of Finance Nguyen Duc Chi said that sellers who make livestreams on online marketplace must pay tax.

HCMC’s economic growth expected to slow down in Q2

HCMC’s gross regional domestic product (GRDP) growth in the second quarter of 2024 is forecasted to be lower than in the first quarter, according to the Statistics Office of HCMC.

VNX makes nearly VND2 trillion in profit in 2023

The Vietnam Stock Exchange (VNX), the parent company of the Hochiminh Stock Exchange and the Hanoi Stock Exchange, has published its audited consolidated financial statement for 2023, with profit put at close to VND2 trillion.

‘Litchi metropolis’ sees biggest-ever crop failure, prices soar

Unlike previous years, Luc Ngan district in Bac Giang, one of the two largest litchi growing areas in Vietnam, is quiet these days in high harvest season because of the biggest crop failure in the last 30 years.

Global supply chain at risk as VN’s African suppliers of raw cashew play truant

The cashew industry is at risk of disruption since raw nut exporters in West Africa are not fulfilling their contracts with local firms, according to the Việt Nam Cashew Association (Vinacas).

Will SBV’s new solutions help narrow gold price gap?

Along with taking administrative measures, monetary tools such as interest rates also play an important role in preventing asset bubbles, including gold.

Outstanding opportunities for Vietnam to become regional logistics centre

With an annual growth rate of 14% to 16%, along with geographical and natural advantages, Vietnam possesses outstanding opportunities compared to the wider region to become a logistics hub moving forward.

Vietnam eyes golden opportunities for rice exports

Amid the world facing a shortage of seven million tonnes of rice, the nation has seized a "golden" opportunity to increase exports, according to industry insiders.

Rice exporters advised to design strategy suitable to particular markets

Despite positive results in rice export so far, experts held that domestic firms should carefully evaluate the demand of major export markets to design suitable strategy for the rest of the year.

Vietnam Motor Show to feature giant brands

The Vietnam Motor Show (VMS), the largest playground for the automotive industry in Vietnam, will return in October this year after a one-year hiatus due to difficult economic conditions, bringing together many global brands.

MoIT looks into low rice bids as possible sign of competition law violations

Some Vietnamese rice export companies have won bids at prices lower than the export price on the world market, prompting questions about potential violations of the competition law.

Central bank demands lending rate cuts, growth target to be met

The central bank aims to cut lending rates by 1-2 per cent, with a focus on supporting economic recovery and growth drivers, emerging sectors, green transitions, circular economy and social housing.

VN among ASEAN leaders in green transition

Vietnam has emerged as one of regional leaders in Southeast Asia’s green economy transition progress.

Green outstanding loans reached over VNĐ636.96 trillion at end of Q1

ESG outstanding loans of the banking system had grown steadily over the years, reaching about VNĐ2.9 quadrillion by the end of the first quarter this year, accounting for more than 21 per cent of the total.

Securities and fund management companies must ensure information security

The State Securities Commission of Vietnam (SSC) required securities and fund management companies to organise security checks and assessments for information systems to ensure the security and safety of the trading system.

Event expected to help connect Vietnamese, Japanese businesses in Eco tech

Areas to be touched upon at the event include new energy, energy-saving machinery and systems, new materials, water and wastewater treatment, urban development and those relating to ecological and sustainable technology.

Vietnamese firms have big opportunity to increase Halal product exports

The market for Muslims in Malaysia in particular and the Halal market in general has a lot of development potential, offering a good opportunity for Vietnamese exporters, heard a seminar in Ho Chi Minh City on May 31.

Investors show sound confidence about Vietnam’s economic outlook

Investors has sound confidence and positive outlook about Vietnam’s economy in 2024, according to Savills Vietnam’s report “Asia Pacific Investment Quarterly Q1/2024” (APIQ).