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HCM City lacks land for industrial production, focuses on high-tech for growth

Land in HCM City has become very expensive, and is considered more attractive for urban development and real estate rather than industrial production.

PVN seeks credit packages worth over $10.11 billion

Vietnam Oil and Gas Group (PVN) plans to seek credit packages worth about VND250.3 trillion (US$10.11 billion) from now to the end of 2024 to serve its development investment, the company's chairman Le Manh Hung said.

More practical policies for hybrid vehicles proposed

It is necessary to study proposals from experts and businesses to have more practical policies for electric vehicles, particularly hybrid vehicles.

Market likely to be affected by Fed’s meeting this week

The domestic stock market managed to set a weekly gain despite strong fluctuations last week.

Finance Ministry reports on casino businesses’ financial losses

The Ministry of Finance has reported on the casino business situation in Vietnam, indicating that the pilot project allowing Vietnamese individuals to gamble is experiencing financial losses due to a decreasing number of players.

Vietnam's ride-hailing market to reach US$2.16 billion by 2029

Companies in the ride-hailing industry are focusing on launching new services and making new investments.

Vietnam needs to ensure strong economic growth before population ages

Vietnam needs "now or never" policies "to become rich before getting old", experts say.

Vietnam remains one of globe's rising economies: Asian Insiders

The economy of Viet Nam is going though a dynamic shift, marked by robust growth and the development of several key trends supporting a stronger looking future, noted Asia- wide consulting network Asian Insiders in a recent article.

Finnish businesses keen to expand investment in Vietnamese energy sector

Finnish businesses desire to expand investment cooperation activities in the Vietnamese market across multiple fields, especially the energy sector.

Hanoi’s biggest promotion programme to start from April 30

Hanoi’s concentrated promotion programme will kick off on April 30, featuring 100 booths with promotion from 30-100%, according to the city Department of Industry and Trade.

Trade ministry to propose pilot mechanism for offshore wind projects

Vietnam’s offshore wind power is expected to reach around 6,000 MW by 2030, with potential for further growth given rapid technological development, reasonable electricity prices, and transmission costs.

First casino open to Vietnamese reports big loss

Though the business results of Phu Quoc casino was better in 2023 than the year before, it still incurred an accumulated loss of VND3.7 trillion, according to Minister of Finance Ho Duc Phoc.

Binh Duong to host advertisement festival in July

Vietnam AdFest – Binh Duong 2024 will take place in the southern province of Binh Duong on July 11 - 13 to promote the potential, strength, and importance of the advertising industry in Vietnam.

Binh Duong to have 10 more industrial parks by 2030

The southern province of Binh Duong has planned to develop 10 more industrial parks (IP) in the 2023 - 2030 period, according to head of the provincial Industrial Park Management Board Nguyen Trung Tin.

Cyber information security industry revenue estimated to surge by 46.8 percent

According to the Ministry of Information and Communications, the cyber information security market has seen an increase of 46.8 percent in revenue.

Real estate firms want lower interest rates

Real estate businesses in Vietnam are calling for further interest rate cuts, citing uneven rate cuts among banks and complex borrowing procedures as persistent obstacles to securing loans.

Green production critical to sustainable textile, garment export

Textile and garment exports posted a year-on-year increase of 15% in the first two months of 2024, a result partly attributed to the industry’s gradual adaptation to the green production requirement of import markets.

Vietnamese organic products to make way to Australia

A delegation of 19 Vietnamese businesses, the Vietnam Organic Agriculture Association (VOAA), and several organic farming trainers will go to Australia to popularise various kinds of organic products from March 18-25.

M&A deals of consumer financial companies keep positive

Merger and acquisition (M&A) deals have taken place in a context that the consumer lending market has faced many difficulties.

VN’s ride-hailing expected to reach US$2.16 billion by 2029

The rise in travel and tourism and the emergence of a young and tech-savvy population have further fuelled the adoption of ride-hailing services.