The time frame should be extended to 2024 to give the economy more time to absorb the fiscal stimulus

Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure under a strategy recently approved by the Prime Minister.

The National Power Development Plan VIII, which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead.

The role of foreign invested enterprises (FIEs) has been enormous and cannot be denied in all aspects of our country’s economic and social life over the past 35 years.

In April, real estate lost the second position in the ranking of business fields most attractive to foreign investors. In May, as many as 554 real estate firms were dissolved.

Besides the listed FDI enterprises doing business with profit, there are names that have been delisted due to losses.

In the coming months, the Ministry of Transport is pushing investors and project management boards to complete investment procedures in order to commence 10 and complete nine projects in the second quarter.

Enterprises want to have a flexible effective monetary policy and to see their demand for capital satisfied. Ensuring liquidity is one of the most important duties of the policy.

Vietnamese imports of raw materials for processing animal feed during the first five months of the year reached US$1.41 billion, marking a drop of 5.8% compared to the same period last year.

Investors are under more pressure than ever to develop portfolios that are fit to tackle market volatility and embody their ethical values while meeting Vietnam’s net zero commitment, speakers said at a conference on May 31.

Changes in consumer habits have caused demand for electric motorbikes to increase rapidly in recent years, especially in Hanoi and HCM City.

Vietnam’s exports of goods could reach US$618 billion by 2030, with the average annual growth rate of 7 percent in the 2021-2030 period.

Electricity of Vietnam (EVN), the Ministry of Industry and Trade (MOIT), provincial authorities and investors all have responsibility for renewable energy projects connected with the national grid.

Around 100 projects have been found eligible for soft loans in the VND120-trillion credit package since it was rolled out one month ago.

Large sums of foreign currency flowed into the accounts of local commercial banks in the first half of this year, with many more deals in the pipeline.

Air ticket prices for domestic flights to famous tourism destinations such as Da Nang and Nha Trang with departure from mid-June, especially on weekends, have begun increasing.

Head of Nanning Customs Wang Weibing has proposed putting a smart border gate system into trial operation to facilitate customs clearance of Vietnam’s farm exports to China.

Total revenue from retail sales of consumer goods and services was estimated at VND519 trillion (US$22.09 billion) last month.

Decreased demand and increased costs have put cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.