Tuesday , December 24 2024

Business

Business

Local automobile market experiences a hard year

  VinFast EVs parked at a port in Việt Nam to prepare for export. – Photo courtesy of Vneconomy HÀ NỘI — The domestic automobile market has faced both opportunities and challenges in the year 2023. Car experts believe that 2023 is a crucial year for Việt Nam to establish itself as …

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Lower eco tax on fuel to continue

Lower eco tax on fuel to continue

The environmental tax on fuel, which was halved in 2023, will still be applied in 2024. The lowered tax stands at VND2,000 ($0.08) per liter on gasoline (except ethanol) and VND1,000 on diesel, lubricating oil and fuel oil. It remains VND600 on kerosene and VND1,000 on jet fuel, according to …

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Banking industry breaks three-year profit growth streak

After three years of growing profits, the banking industry is reporting a decline this year, primarily due to bad debts and the economy’s flagging ability to utilize capital. In the first nine months of the year 14 of the 27 banks listed on the stock market reported lower profits year-on-year. …

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Hà Nội’s economy expands 6.27 per cent in 2023

Thăng Long Avenue connects western districts of Hà Nội. — VNA/VNS Photo Huy Hùng  HÀ NỘI — Hà Nội has recorded a year-on-year growth rate of 6.27 per cent in gross regional domestic product (GRDP) in 2023, with improvement seen quarter by quarter, said the municipal Statistics Office. The rate stood at 5.81 …

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VinBigdata launches ViGPT

Illustrative photo of ViGPT. — Photo courtesy of VinBigdata HÀ NỘI — VinBigdata officially launched ViGPT on December 28, which is being introduced as the first Vietnamese version of ChatGPT for end users. They started allowing the first 1,000 people to register and experience ViGPT for a period of 15 …

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New licensing regulations for the import and export of HFCs

Starting from January 1, 2024, the issuance of licenses to export and import HFC substances will comply with the provisions of the government. — Photo congthuong.vn HÀ NỘI — According to the Import-Export Department, under the Ministry of Industry and Trade, the issuance of licenses to export and import hydrofluorocarbons …

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Markets mixed on the last day of 2023

BIDV’s office in Hà Nội. BIDV’s shares (BID) were among the top 10 shares had the most positive impact on the VN-Index yesterday. — VNS Photo Ly Ly HÀ NỘI — Việt Nam’s stock market concluded the last session of 2023 in a quiet atmosphere without a clear direction for …

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