The Ho Chi Minh Stock Exchange (HoSE) on January 4 announced that as of December 29, 2023, there had been 42 enterprises with capitalisation of over 1 billion USD listed on the HoSE. Illustrative photo (Photo: VNA) The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) topped the list, with capitalisation of over 18 billion USD....

As much as 579.8 trillion VND (23.77 billion USD) worth of public investment was disbursed last year, equivalent to 73.5% of the yearly plan and nearly 82% of that assigned by the Prime Minister, according to the Ministry of Finance. Illustrative image (Photo: VNA) In a report sent to the Government leader, the ministry lauded several units and localities...

Experts gathered at a forum in Ho Chi Minh City on January 4 to seek ways for domestic firms to effectively exploit the US market as the two countries have upgraded their ties to a comprehensive strategic partnership. Participants at the forum. (Photo: VNA) According to Phan Thi My Yen, Director of the Centre for Vietnamese Trademark Research and...

The Republic of Korea (RoK)’s Technology DA Company on January 3 announced that it has signed an exclusive contract for importing natural graphite with Vietnam Graphite Group (VGG). CEO DA Technology Lee Sang-hwa (left) and Chairman of VGG Nguyen Duc Luong. (Source: DA Technology) Under the contract, VGG plans to supply at least 20,000 tonnes of natural graphite...

Overcoming the fluctuations from the global economic landscape and internal constraints in 2023, Vietnam's economy continued its trajectory of recovery, with inflation kept under control and key balances safeguarded. Gemalink International Port, part of the Cai Mep - Thi Vai port cluster in Phu My town, Ba Ria - Vung Tau province, stands out as one of the...

Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3. Vietnam's banking system posts credit growth of 13.5% in 2023. (Photo: VNA) According to Tu, the result was spurred...

Over 255 tonnes of durian were exported to China via border gates in the northern province of Lao Cai in the first three days of 2024, earning nearly 1 million USD, according to Lao Cai Border Gate Customs Office. Illustrative image (Photo: VNA) Deputy head of the office Nguyen Thi Thanh Binh said that in the period, total...

Nutri Soil JSC held a ceremony in Buon Ma Thuot city in Dak Lak province on January 3 to send the first container of macadamia to the Republic of Korea (RoK) in 2024, which is also the first batch of the product exported to the RoK from the Central Highlands via official channels. Nutri Soil JSC holds a ceremony...

Vietnam shipped 1.61 million tonnes of coffee abroad in 2023, earning 4.18 billion USD, down 9.6% in volume but up 3.1% in value year-on-year. Illustrative image (Photo: VNA) The average coffee export price in 2023 was 2,834 USD per tonne, an increase of 14.1% compared with the previous year. Vietnam’s coffee industry benefited from a hike in Robusta...

The State Bank of Vietnam (SBV) has set a credit growth target of 15% for the domestic banking system in 2024. The State Bank of Vietnam sets credit growth target of 15% for the domestic banking system in 2024. (Photo: VNA) The target can be adjusted depending on developments of the real situation, the central bank said in a...