While Vietnam’s pepper export volumes soared by 16.6% to 267,000 tons in 2023, the value dropped by 6% to US$912 million, according to the Vietnam Customs. The average export price of Vietnamese pepper, which constitutes 60% of global supply, dropped by 19.4% from the previous year, to US$3,420 per ton. …
Read More »Government calls for further interest rates reduction
The government has directed banks to lower costs and further reduce loan interest rates in an effort to expand credit access. Despite a decrease of 2 percentage points in loan interest rates from the previous year, Vietnam’s credit growth at 13.71% fell short of the annual target range of 14-15%. …
Read More »VN-Index rises for seven straight days
A woman withdraws cash from a machine of BIDV in Hà Nội. The bank’s shares climbed nearly 4.3 per cent on Monday, lifting the market’s sentiment. — VNS Photo Ly Ly Cao HÀ NỘI — The Vietnamese stock market increased on Monday in line with the short-term uptrend, while foreign …
Read More »India-Maldives row escalates, agency suspends flight bookings to islands
One of India’s largest travel platforms suspended flight bookings to the tourism-dependent Maldives on Monday after disparaging social media posts against Indian Prime Minister Narendra Modi embittered relations between the South Asian neighbours. India and Russia send the largest number of visitors to the Maldives, a chain of sun-kissed islands …
Read More »Innolux to Showcase a Series of Cutting-Edge Breakthrough Products Toward a Better Life
MicroLED display technology and exclusive chat display push the boundaries of Imagination with Revolutionary Technologies LAS VEGAS, USA – Media OutReach Newswire – 8 January 2024 – Innolux will showcase the latest cutting-edge and breakthrough products and technologies in Las Vegas, U.S. from January 9 to 12. According to President …
Read More »With no recovery in sight, real estate loses sheen as asset class
Real estate lost its attractiveness and was not the leading asset class in 2023, according to the Vietnam Association of Realtors. Speaking at the 2024 real estate forum organized in Hanoi last Friday by the association, its president, Nguyen Van Dinh, said: “The fall of real estate stemmed from uncontrolled …
Read More »Singapore’s company incorporation expert, Think SME, expands service into Hong Kong and China
Amid increasing demand and political instability in Hong Kong and China, Think SME’s expansion promises affordable but expert support for foreign business owners and entrepreneurs who wish to set up business in Singapore. SINGAPORE – Media OutReach Newswire – 8 January 2024 – Think SME, a leading accountancy and corporate …
Read More »VinFast to build integrated electric vehicle facility in Tamil Nadu
A bodyshop at VinFast Hai Phong manufacturing complex. – Photo courtesy of VinFast HÀ NỘI — VinFast, Việt Nam’s leading electric vehicle (EV) manufacturer, and the Tamil Nadu State Government announce a landmark partnership in a Memorandum of Understanding (MoU) to change the development of green transportation in India. VinFast and the State Government …
Read More »Vinachem rides high profits
Vinachem’s Ha Bac Nitrogenous Fertilizer plant project in Bắc Giang province. – Photo courtesy of taichinhdoanhnghiep HÀ NỘI – Vietnam Chemical Group (Vinachem) has reported that despite many challenges in 2023, the group and its members obtained a combined revenue of VNĐ55 trillion (US$2.3 billion) bringing a profit of VNĐ3.2 …
Read More »PM asks banks to ensure capital for the economy
Prime Minister Phạm Minh Chính attends the conference to implement 2024 tasks of the banking system on Monday. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính asks the banking system to ensure adequate capital for the economy in the context that difficulties and challenges remain. “Don’t …
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