The hotel real estate market in Vietnam, particularly in Hanoi and Ho Chi Minh City, is predicted to see a big supply thanks to new projects in the 2024-2026 period, according to Savills Vietnam. Illustrative photo (Photo: VNA) Cao Thi Thanh Huong, Senior Manager, of Savills Ho Chi Minh City’s Research Department, said that HCM City’s tourism targets...

Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade. Illustrative image (Photo: VNA) Chairman of the Vina T&T Group Nguyen Dinh Tung revealed that his company recently shipped durian to China, six tonnes of An Giang mango to Australia and...

Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the lowest. Illustrative image (Photo: VNA) The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) on January 17 cut its rate by 0.2% per year for terms...

Vietnam’s FV Hospital has officially become a member of Singapore-listed Thomson Medical Group Limited (TMG), manifesting Vietnam's potential to develop high-quality medical services, thus attracting foreign investors. Tran Van Thuan, Deputy Minister of Health speaks at the event (Photo: VNA) Speaking at a ceremony to announce the acquisition, Tran Van Thuan, Deputy Minister of Health said it is...

There is just over a month left until the Lunar New Year, the year of the Dragon. At this time, people's consumer demand is increasing. Therefore, in order for a stable, healthy commodity market and to protect the legal rights of consumers, the province's market management force has strengthened inspection and control, promptly detected and strictly handled violations. Officers...

Representatives from about 50 Vietnamese enterprises and Khmer businesses of Vietnamese-origin gathered in Phnom Penh on January 16 to share their experience in operating and investing in Cambodia and foster their connections. An overview of the meeting (Photo: VNA) Addressing the event, Vietnamese Ambassador to Cambodia Nguyen Huy Tang said the embassy wanted to learn about difficulties that the...

The agriculture sector and traders have expressed their high optimism about rice exports this year given high prices and stable markets, helping the grain remain a big foreign currency earner. Rice bags are loaded onto a vessel for transportation. (Photo: VNA) Rice exports in 2024 could stay high thanks to such markets as the Philippines, Indonesia, Africa, and...

The European Chamber of Commerce in Vietnam (EuroCham) on January 16 launched its 15th annual Whitebook 2024, which offers insights on Vietnam’s business policy from the European business community. At the launch event (Photo: doanhnghiepkinhtexanh.vn) Addressing the event, Head of the EU Delegation to Vietnam Ambassador Julien Guerrier highlighted the importance of collaborative efforts in realising the potential...

Despite lingering difficulties, businesses have recovered their confidence, the Private Economic Development Research Board (Board IV) under the Prime Minister’s Administrative Reform Advisory Council underlined in its latest report on business situation in 2023 and outlook for 2024. Workers at the Global Powersports Manufacturing Inc. in Trang Bom district, Dong Nai province (Photo: VNA) In the report, the...

China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value. Farmers harvest lychee in Bac Giang province. Lychee is among the Vietnamese fruits licensed to be exported to China via the official channel....