Business

Vietnam’s economic growth continued to face challenges which were seen in a slowdown in industrial production and declining exports due to weak external demand, the World Bank said. The industrial production index (IIP) registered a meager 0.1% year-on-year increase in May, down from 0.5% in April. In contrast, retail sales …

Vietnam’s economy is expected to rebound in the last quarter this year and might finish the year with a 5% GDP growth, HSBC has forecast. The latest policy rate cut from the State Bank of Vietnam (SBV) reflects its urgency to further support growth via the credit channel and this …

The popularity of off-plan property purchase in Vietnam has been pushing up prices to unusual levels and encouraging speculation rather than meeting real demand, lawmakers say. Buying off-plan – purchasing a new home before the developer has finished building it – has become popular in big cities in recent years, …

Jens Lottner, CEO of Vietnam-based bank Techcombank, discusses the Vietnamese central bank’s decision to cut interest rates and how it’s affecting investor sentiment.     Real estate is coming back in Vietnam, says Techcombank CEO Real estate is coming back in Vietnam, says Techcombank CEO

  Workers of Vĩnh Hoàn Joint Stock Company (VHC) process tra fish. VHC has approved a stock dividend plan of 20 per cent for 2022. Photo VHC HÀ NỘI Recent announcements from two prominent enterprises in the seafood industry indicating substantial dividend payments indicate the industry’s recovery. According to the …

  The Việt Nam Economic Pulse (VEP) forum was held in Hà Nội on Wednesday. — VNS Photo Hoàng Hà HÀ NỘI — The Việt Nam Economic Pulse (VEP) forum was held in Hà Nội on Wednesday under the theme of leveraging technology to foster prosperity in Việt Nam by the …

The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel. According to a release by HSBC Vietnam, after becoming the first Asian central bank …

The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity. The State Bank of Vietnam (SBV) is cutting down a series …

Seafood exporters are seeing orders plummet and facing even greater difficulties than during the Covid-19 pandemic. In the first five months of this year their exports fell by 28% to $3.37 billion and companies saw a decline of 20-50% in export orders, according to the Vietnam Association of Seafood Exporters …

The government has scrapped a proposal to put a cap on apartment ownership duration, after many experts opposed it, saying that people’s rights might be violated. Ministry of Construction Nguyen Thanh Nghi told the National Assembly on Monday that the proposal, which has received much feedback, had been removed from …