Saturday , May 11 2024

Business

Business

Increased caution needed to prevent fraud in international trade

The Chinese market leads in import turnover of Vietnamese agricultural products last year. Photo daidoanket.vn HÀ NỘI Businesses need to be cautious with new information and contact import-export management information focal points to avoid international trade fraud. In the current volatile export situation, many importing countries have introduced stricter import …

Read More »

Motorbike sales decline in 2023

Motorbike sales decline in 2023

Members of the Vietnam Association of Motorcycle Manufacturers sold 2.5 million vehicles in the domestic market last year, down 16.2% from 2022. Its five members are Honda, Yamaha, Piaggio, Suzuki, and SYM. They sold 634,688 motorcycles in Q1 of last year, 588,926 in Q2, 610,635 in Q3, and 681,963 in …

Read More »

Changing your life by investing in land is a pipe dream

Changing your life by investing in land is a pipe dream

Many individuals, fearing inflation, often pour all their money into land trading with the hope of one day becoming wealthy only to live in constant worry about mounting debt. Until now, we have always thought that putting money into savings or investing in bonds and mutual funds could only yield …

Read More »

Pepper exports rise in volume, fall in value

Pepper exports rise in volume, fall in value

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

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 »