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HCM City prepares to welcome semiconductor giants

More and more semiconductor giants in the world have flocked to Vietnam, what Ho Chi Minh City has done to welcome the ‘eagles’ to nest in the city.

Vietnam seeks US$360 million loan from WB for high-quality rice project

The Ministry of Agriculture and Rural Development of Vietnam is searching for a loan of US$360 million (equivalent to VND9 trillion) from the World Bank to carry out a US$470 million plan to cultivate one million hectares of high-quality rice.

Businesses concerned about dollar appreciation

Enterprises which have to import raw materials for production or have dollar-denominated loans are very worried as their input costs will increase significantly.

Vietnam – EU’s second biggest coffee supplier in 2023

With 652,000 tonnes of coffee exported to the EU worth 1.66 billion USD in 2023, Vietnam was the second biggest coffee supplier of the EU in terms of volume and third largest supplier in terms of value.

Vincom Retail officially leave Vingroup, new investors appear

Vingroup JSC has announced that Vincom Retail is no longer its subsidiary.

Vietnamese economic rise fuels European optimism: EuroCham

The European Chamber of Commerce in Vietnam’s (EuroCham) most recent Business Confidence Index, conducted by Decision Lab, has signaled optimism in the Vietnamese economy and increased confidence within the European business community.

Vietnam to issue price framework to purchase electricity from Laos in Q2

Vietnam will issue a price framework to purchase electricity from Laos for the period after 2025 in the second quarter of this year, said Minister of Trade and Industry Nguyen Hong Dien.

Foreign investment driven towards new breakthrough phase

According to the General Statistics Office, the total FDI in the first quarter of 2024 neared 6.17 billion USD, up 13.4% year-on-year.

Vietnamese ‘big bosses’ plan power transfer to daughters

Many first-generation businessmen are thinking of transferring their properties to their children. Many of the heirs are women.

Da Nang free trade zone to make breakthrough developments

The establishment of a free trade zone in Da Nang closely connected with Lien Chieu port is anticipated to open up a wealth of opportunities for the central city’s continued development.

Market recovery hinges on caution as 1,250-point zone provides temporary support

This zone acts as a critical threshold for market stability, providing some respite amidst the prevailing volatility.

Special consumption tax can hurt beverage industry

Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyen Hoang Hai said that paying additional tax will erode Vietnamese beverage makers’ competitive advantages.

Vietnam targets all transport means run on green energy by 2050

Vietnam aims to bring net greenhouse gas emissions to zero by 2050, so ideally all means of transport will use green energy. For the country, green transportation was also an urgent requirement to build green and smart cities, experts have said.

Over 163,000 new stock trader accounts created during March

More than 163,000 new stock trader accounts were created during March this year, an increase of over 50,000 accounts compared to January, marking March the month with the most accounts created in the last six months.

Gold prices rise, central bank stops issuing bills

The State Bank of Vietnam (SBV) has taken an unexpected move amid higher gold prices, increased dong/dollar exchange rate, and an active crypto market.

Gaming and lottery companies to be inspected this year

Task forces, consisting of officials from the MoF and provincial finance and tax departments, will be formed to carry out the inspections.

Funding for Vietnamese technology startups decreases 39% in Q1

Vietnam currently ranks third in terms of capital mobilized in the first quarter of this year among Southeast Asian (SEA) countries.

Taxation policies key to combatting sugary drink consumption: experts

Taxation policies are hailed as effective measures in curbing the consumption and harmful effects of sugary drinks.

Association proposes allowing three companies to import 1.5 tonnes gold per year

VN Gold Traders Association has proposed three companies be allowed to carry out gold import of around 1.5 tonnes per year as a bold effort to gradually remove the monopolies in the domestic gold market.

Businesses tap opportunities to maintain fruit, vegetable exports

Vietnam's fruit and vegetable export turnover reached an estimated 1.25 billion USD in the first quarter of 2024, up 27% over the same period in 2023, the General Department of Customs has reported.