The Gross Merchandise Volume (GMV) on the four largest platforms, Shopee, TikTok Shop, Lazada and Tiki, reached VNĐ87.37 trillion (US$3.6 billion) in the second quarter of this year. Shopee continued to maintain its leading position with a huge revenue of VNĐ62.38 trillion, accounting for 71.4 per cent of the GMV …
Read More »Pangasius exports take a beating as demand for other fishes soars
Demand for pangasius has slumped in export markets compared to that of cod or pollock, and the situation is likely to persist, the Vietnam Association of Seafood Exporters and Producers has said. Pangasius exports have been dwindling due to high booming demand for fishes like cod and pollock. — …
Read More »Market remains subdued as liquidity continues to decline
Stocks showed a mixed performance on Wednesday, bringing an end to the VN-Index’s three-day rally, while trading volume continued to decline for the fourth consecutive session. The Vinhomes Imperia urban area in Hải Phòng. Shares of Vinhomes JSC (VHM) led the gainers on Wednesday. — VNA/VNS Photo HÀ NỘI …
Read More »Mixed opinions on the increase in the lending rate for social housing buyers
Việt Nam Bank for Social Policies has announced that the lending rate for social housing purchases and home repairs is increasing from 4.8 per cent to 6.6 per cent per year, applied on both existing and new loans. A social housing project under construction in An Giang Province. A combination …
Read More »Việt Nam’s rapidly aged society navigates economic shifts and silver economy opportunities
Việt Nam News speaks with Hamza Malik, Director of the Macroeconomic Policy and Financing for Development Division at ESCAP, about the implications of Việt Nam’s rapidly aging population. He explores the potential impacts on labour productivity, consumer demand, the economy and the fiscal adjustments and opportunities in developing the silver …
Read More »Hong Kong-Laos: A New Era of Education Collaboration
Hong Kong-Laos: A New Era of Education Collaboration HONG KONG SAR – Media OutReach Newswire – 14 August 2024 – A high-level delegation from Laos joined the inaugural Youth Development Summit in Hong Kong (August 10), less than two weeks after John Lee, Chief Executive of the Hong Kong Special …
Read More »Ministry discusses market challenges with southern businesses
The Ministry of Industry and Trade’s domestic market department held a meeting with businesses and industry groups in the south on Tuesday to discuss the challenges they face, boost consumption and promote trade in HCM City. The Ministry of Industry and Trade’s domestic market department held a meeting with …
Read More »Việt Nam’s finished steel production projected at 30 million tonnes
The domestic steel market is currently inundated with various steel products, while imported steel continues to flood in, intensifying price competition for local producers. Steel finished products of maker Hoà Phát. Việt Nam’s finished steel production is projected to hit 30 million tonnes this year, marking a 7 per cent …
Read More »Developing a 5,300 hectare specialised economic zone in Hải Dương
The specialised economic zone is expected to make a significant contribution to Hải Dương’s economic output and serve as a platform for implementing new production models and projects. National Highway No 5 passing through Hải Dương Province where many industrial parks are concentrated. — VNA/VNS Photo Tuấn Anh HẢI DƯƠNG …
Read More »Phú Mỹ Hưng to organise annual Green Day 2024
The seventh edition of the annual Phú Mỹ Hưng Green Day 2024 will take place on August 24 and 25, 2024, at The Crescent Strip, Phú Mỹ Hưng City Centre in District 7 of HCM City, attracting thousands of residents and visitors from the city. Many visitors from HCM City will join the seventh annual Phú Mỹ Hưng Green Day 2024 which takes place …
Read More »