A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said. The tightening of real estate loans and high-interest rates are among the roadblocks to the market. (Photo: VNA) Decree No. 10/2023/ND-CP on amending and supplementing some articles of the decree guiding the...

A series of events and activities will be held under the 2023 Cashless Day to promote the adoption of non-cash payment and contribute to achieving the Government’s plans to drive Vietnam towards a cashless society. Pham Anh Tuan, director of the Payment Department under the State Bank of Vietnam, speaks at the press conference to announce the 2023...

Prime Minister Pham Minh Chinh has signed Official Dispatch No. 470/CD-TTg requiring ministries, sectors, and localities to continue drastically and effectively implementing tasks and solutions to remove difficulties for production and business. Illustrative photo (Photo: baochinhphu.vn) Specifically, the PM asked ministers, heads of ministerial-level agencies, governmental bodies, and chairpersons of the People's Committees of provinces and centrally-run cities...

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure. Illustrative photo (Photo: VNA) Under the strategy, Vietnam will consolidate traditional and key export markets...

The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under...

Dozens of commercial banks have simultaneously decided to reduce deposit interest rates from May 25, after the State Bank's decision to cut policy interest rates. Illustrative image (Photo: VNA) After maintaining the highest deposit interest rate among the commercial banks for several days, at 9.2% per year, An Binh Commercial Joint Stock Bank (ABBank) has lowered its savings interest...

Petrovietnam Gas JSC (PV GAS) has confirmed a purchase with Shell PLC, facilitating the world's leading LNG supplier to transport its first LNG shipment to Vietnam. The logo of Shell at the Contech Vietnam Fair in 2023. (Photo: VNA) PV GAS issued a tender on April 27 to import LNG for the trial run and commercial operation of Thi...

Vietnam’s stainless steel round wires made from materials imported from the Republic of Korea (RoK) do not evade the US’s anti-dumping duties, affirmed the Department of Trade Defence under the Ministry of Industry and Trade (MoIT), citing a document issued by the US’s Department of Commerce (DOC) on May 22. Illustrative image (Source: baodautu.vn) The DOC's final conclusion on...

Nearly 160 Vietnamese food producers are displaying their products at Thaifex Anuga 2023 in Thailand – the largest food and beverage trade show in Asia for retailers, supermarkets, hotels, and restaurants to introduce the latest products and innovations in the food and beverage industry. Vietnam introduces high-quality rice products at Thaifex Anuga 2023 in Thailand. (Photo: VNA) Many...

On the morning of May 25, the Provincial People's Committee held a meeting to consider and implement the investment project of infrastructure construction and business of VSIP Lang Son Industrial Park. Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ho Tien Thieu chaired the meeting. Deputy Secretary of the Provincial Party Committee, Chairman of...