The Government leader said that socio-economic activities recovered more positively during the first half of 2024. Prime Minister Phạm Minh Chính chairs the Government’s regular meeting on Saturday. VNA/VNS Photo Dương Giang HÀ NỘI – Prime Minister Phạm Minh Chính on Saturday ordered efforts be made to achieve an economic …
Read More »Bình Định to develop wood processing industry
The Trade and Industry Promotion Centre of Bình Định Province is investing VNĐ3 billion in a project to promote sustainable development within the local wood processing industry. Production at Minh Quân Trading Co Ltd in Bình Định Province. —Photo congthuong.vn BÌNH ĐỊNH — The Trade and Industry Promotion Centre of Bình Định …
Read More »Thailand to close duty-free shops at international airports
Duty-free shops in arrivals areas of international airports in Thailand will be closed to encourage more spending by visitors in domestic stores, the Thai cabinet has said. The move is expected to generate up to THB3.5 billion (US$96 million) of new local retail spending a year. Rudklao Intawong Suwankiri, a …
Read More »Market in accumulation phase as VN-Index eyes 1,300-point mark
The market received a boost from positive socio-economic data, including a GDP growth rate of 6.93 per cent in the second quarter of 2024. This backdrop has supported market sentiment and contributed to the week’s gains. Customers conduct transactions at the headquarters of Bảo Việt Securities Corporation in Hà Nội …
Read More »Ample space for Việt Nam to boost exports to the US, experts
In the first half of this year, Việt Nam exported about US$55 billion worth of goods to the US, up 26 per cent year-on-year, ranking first in terms of turnover growth, far surpassing other markets such as the EU, ASEAN and South Korea. Garment products are made for export at a …
Read More »VN steel industry sees a positive growth trend
The domestic steel industry is seeing a positive growth trend, projected to increase by up to 8 per cent this year, however it is coming under pressure due to a surge in imported steel. A worker at the Southern Steel Company. The local steel industry is expected to expand this …
Read More »KienLongBank names new chairman
Tran Ngoc Minh, vice chairman and CEO of KienLongBank, has been named as chairman in place of Tran Thi Thu Hang with effect from July 9. Tran Ngoc Minh, the new chairman of KienLongBank. Photo courtesy of KienLongBank Hang will continue as a director, and deputy CEO Tran Hong Minh …
Read More »DPPA promotes competitive electricity market development in VN
The newly-released Government’s Decree 80/2024/NĐ-CP regulates the DPPA mechanism with two options being through a private power line and the national grid via EVN EVN’s Power Transmission Company 1 in Hà Nội. The issuance of Decree 80 on DPPA mechanism meets the expectations of domestic and foreign businesses. — VNA/VNS …
Read More »AI tools important to achieve Việt Nam’s global competitiveness
The adoption of AI applications, especially generative AI, is important for improving Việt Nam’s competitiveness in the global playing field The Shidler Global Leadership Summit being held in HCM City on July 5, where top leaders discussed prospects for generative AI. – Photo courtesy of Shidler College of Business HCM …
Read More »My father-in-law hasn’t given us the land as promised
My father-in-law initially intended to give each daughter a plot of land and an extra one to whoever cared for them in old age, but he sold one for personal expenses. We have been married for eight years. My wife has a younger sister, and soon after we got married, …
Read More »