The Ministry of Industry and Trade has asked the prime minister for approval to import wind power from Laos to mitigate potential electricity shortages in the northern region.

The postal service revenue has experienced average growth of over 20% between 2019 and 2023, which has led to fierce competition on the market, raising concerns about the emergence of unhealthy competition.

Vietnam’s rice export has been shifting significantly toward high-quality and speciality products rather than quantity, with an annual stable turnover from 6.2 to 6.3 million tonnes in 2019-23.

The stock market of Vietnam is now a magnet that attracts big cash inflow amid low deposit interest rates and high expectations that the market will be upgraded from frontier to emerging.

Financial institutions are urging Vietnam to improve its labour productivity, which is key to ensuring economic growth at a more sustainable pace.

There are signs that the recovery is becoming more broad-based in Viet Nam, with marginal improvements in sectors like textiles and footwear, as well as machinery, highlighted HSBC in its report Viet Nam at a glance released on March 7.

The report also predicts the UHNWIs population in Vietnam will grow to 978 in 2028, meaning an increase of around 30 per cent in the five year period.

Vietnam and China emphasised the critical role of a strong legal framework for ensuring stable and sustainable development of the commodity market.

Vietnam's Ministry of Finance and State Securities Commission (SSC) organised a financial investment promotion conference in the Republic of Korea (RoK) themed "Vietnam - Investment Destination" in Seoul on March 7.

Vietnam is now importing meat and meat products from 37 markets, the Agency of Foreign Trade under the Ministry of Industry and Trade has said.

Prior to 2010, Vietnam and India made up one percent of the global smartphone export market share. In 2022, Vietnam’s market share was 12 percent, while India's was 14.5 percent.

Exporters are struggling with numerous challenges caused by high shipping costs, and are calling for the support of local state management authorities.

Vietnam is attracting more and more foreign investment, thanks to its strong economic growth and stable political environment.

AI, blockchain and semiconductors will be one of three priority groups subject to HCM City’s specific regime application on a trial basis under the National Assembly’s Resolution No 98.

The dollar price has remained above the VNĐ25,000 mark since mid-February this year and has shown no signs of cooling down.

Domestic gold prices rallied on Thursday morning to set a new record at VNĐ81.25 (US$3,385.4) million per tael for SJC gold bars.

But positive signals have been seen in the early months of 2024, with a 64 per cent increase in demand compared to the same period in 2023, reaching $750 million.

Vietnam’s insurance market currently still has a lot of room for development as the current insurance penetration rate is low.

Vietnam is capable of selling some 40 million carbon credits for a revenue of US$200 million annually, the Department of Forestry has calculated.

Vietnam’s public debt has been kept at a sustainable and stable level, giving the country room to implement reasonable and expansionary fiscal policies when necessary, said Finance Minister Ho Duc Phoc.