A series of international trade fairs in the garment-textile and footwear sectors kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on October 25. Cutting edge technologies, products and creative solutions in garment and textile, and footwear presented during the int’l garment-textile fairs (Photo: VNA) The events include the 21st Vietnam International Textile...

As Vietnam is emerging as a magnet for foreign businesses, domestic companies now have numerous opportunities to join global supply chains and develop supporting industries. Vietnam records 15.91 billion USD in foreign investment registered during the first nine months of 2023. (Photo: VNA) Among the 1,300 European businesses inquiring about the investment climate in Vietnam, up to 63%...

The value of Vietnam’s durian export in the first nine months of 2023 reached 1.63 billion USD, 14 times higher than the figure of same period last year, according to statistic of the General Department of Customs. Durian export brings home 1.63 billion USD in 9 months In the reviewed period, fruit and vegetable exports totalled 4.21 billion...

Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam. Singapore to import 1.2GW of low-carbon energy from Vietnam (Photo:tuoitre.vn) The latest conditional approval – given to power import projects preliminarily found to be technically and commercially viable – comes...

The investment fund VinaCapital expects Vietnam’s GDP growth to rebound to 6.5% next year, driven by a recovery in exports, which will in turn be closely accompanied by a rebound in the local manufacturing sector output. Container ship docked at Gemalink international port, Ba Ria-Vung Tau province. (Photo: VNA) Michael Kokalari, Chief Economist at VinaCapital, wrote in his freshly...

The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than 440 trillion VND, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV). Illustrative photo (Photo: VNA) Including bad debts that commercial banks sold to the Vietnam Asset...

In recent years, Lang Son’s women have increasingly affirmed their role and position in many fields, including in opening a company. The women's start-up movement has developed and spread to all levels of the women’s union, with many examples winning many awards at all levels. Delegates visit the women's booth at the Provincial Women's Start-up Day 2023 The women's...

The real estate sector has witnessed a surge in corporate bond issuances worth a total of 30 trillion VND (1.22 billion USD) in the third quarter of 2023, a move aimed at debt restructuring rather than capital raising. Construction of a building by Viva Land belonging to Van Thinh Phat Group is halted at the end of last year....

Saigon Beer-Alcohol-Beverage Joint Stock Corporation (SABECO) was honoured for its efforts to overcome difficulties and make great contributions to the State budget during the 2020-2022 period. At the award ceremony (Photo: SABECO) The General Department of Taxation under the Ministry of Finance last week organised a conference praising "Outstanding taxpayers for the period 2020-2022" to honour 138 businesses...

THACO AUTO, a subsidiary of Vietnam’s Truong Hai Group (THACO), and Peugeot have launched the New Peugeot 408 in Vietnam. At the launch event (Photo: THACO AUTO) They organised an event titled "Legend to New Era" in HCM City on October 21 to celebrate a decade of their partnership, express their gratitude to customers and open a new era...