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Vietnam boasts three seaports in Top 50 largest container seaports worldwide

Vietnam boasts three seaports listed among the Top 50 largest container ports globally, namely Ho Chi Minh City Port, Hai Phong Port and Cai Mep-Thi Vai Port.

Vietnam records trade surplus of 8.08 billion USD in Q1

Vietnam’s total export-import turnover hit 178.04 billion USD in the first quarter of this year, up 15.5% annually, resulting in a trade surplus of 8.08 billion USD, reported the General Statistics Office (GSO) on March 29.

HCM City seeks to improve mechanisms for innovation, start-up development

HCM City is seeking to improve mechanisms for innovation and start-up development by creating a supportive environment for start-up companies to contribute to the city’s growth as a regional and international innovation hub.

SBV approves designation of 14 important banks in 2024

The State Bank of Vietnam (SBV) has issued Decision No. 538/QD-NHNN approving the group of credit institutions and foreign bank branches which play an important role in the country's banking system in 2024.

Vietnam’s clean energy market opens, eyed by foreign giants

The deal of AG&P buying 49 percent of shares of LNG Cai Mep dock warehouse is expected to give a push to the renewables market, contributing to the go-green process in Vietnam.

VN does not accept ‘growing first, tidying up later’ model: PM

Vietnamese Prime Minister Pham Minh Chinh stressed that Vietnam considers green growth, together with digital transformation, the two core factors of growth, and will not accept the ‘growing first, tidying up later’ model.

Opportunities for digital technology businesses to go global

Investment in the fields of high technology, services, industrial production and industries with modern technical content is increasing significantly.

VN publishers grappling to escape difficulties

Minister of Information and Communications Nguyen Manh Hung stated that, due to waves of technology, the publishing industry is facing difficulties; thus, it needs to be more creative to adapt to the changes.

More feasible solutions warranted for growth

A new scheme to support enterprises amid ongoing difficulties has been tabled, amid the government finding ways to reach desired economic growth.

Vietnam in waiting list for market upgrade to secondary emerging

Vietnam remains in the watch list for a possible reclassification from frontier to secondary emerging market status, according to FTSE Russel’s Country Classification review in March.

Vietnam Connect Forum 2024 to take place in Hai Phong next month

The 2024 Vietnam Connect Forum is set to run in the northern port city of Hai Phong on April 10, featuring a plenary session and a series of networking activities between Vietnamese localities, businesses and foreign investors.

Biometric authentication required for transfers over VND10 million from July

In the wake of recent massive fund disappearances from bank accounts, the State Bank of Vietnam (SBV) has mandated biometric authentication for online money transfers and e-wallet top-ups exceeding VND10 million, with effect from July 1 this year.

Maritime farming expected to bring billions of dollars a year to VN

Vietnam has great potential to develop maritime farming. The problem is whether localities are determined to do it, according to Tran Dinh Luan, director of the Department of Fisheries.

US unveils anti-subsidy duties on Vietnamese shrimp

Vietnam, one of the largest suppliers of farmed shrimp to the United States, will have to pay preliminary countervailing duties (CVD) from 1.69% to 196%, starting this weekend, according to the Vietnam Association of Seafood Exporters and Producers.

EuroCham Vietnam gets a new head

The European Chamber of Commerce in Vietnam (EuroCham) has announced its 2024 board of directors, with Dominik Meichle, managing director of Bosch Vietnam, appointed as the new chairman.

Vietnam getting ready for the fourth FDI boom

Vietnam needs to take drastic actions to get ready for the fourth wave of foreign direct investment (FDI) which is in the making and is expected to leverage the country on the global high-tech map.

HCM City gets international pet industry trade fair

An international trade fair for the pet industry opened at the Saigon Exhibition and Convention Centre in HCM City on March 27.

Vietnam prepares conditions to export fresh coconut, frozen durian to China

Local cultivation and plant protection authorities and relevant agencies must prepare a list of growing areas and packaging facilities registering to export fresh coconut and frozen durian to China before April 1.

Deposit interest rates to remain low until mid-2024: analysts

Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.

Tan Hoang Minh Chairman receives 8-year prison sentence for fraud

The Hanoi People’s Court on March 27 handed down prison terms to 15 defendants involved in the case of “obtaining property by fraud” at property developer Tan Hoang Minh.