Vietnam’s benchmark VN-Index rose 0.75% to 1,261.62 points Monday as global stocks inches higher. The index closed 9.39 points higher after gaining 28.67 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 27% to VND16.781 trillion (US$671.8 million). The VN-30 basket, comprising the 30 …
Read More »Rental yields and appreciation potential in Binh Duong New City
Binh Duong New City attracts long-term investment due to strong FDI, an influx of expatriates, competitive rental yields, and lower investment costs, offering potential price appreciation over time. As the real estate market gradually recovers, long-term investors prioritize dual-profit properties with high rental yields to secure stable income over the …
Read More »VNX achieves nearly $50m in profit in H1
It is equal to an average daily profit of over VNĐ7.6 billion. The Vietnam Stock Exchange (VNX)’s profit result marked a growth of over 65 per cent from the same period in 2023. — Photo vneconomy.vn HÀ NỘI — The Vietnam Stock Exchange (VNX) posted a profit after tax of …
Read More »Enterprises urged to strictly comply with the EU’s quality requirements
The Plant Protection Department under the Ministry of Agriculture and Rural Development urged enterprises to strictly comply with the EU’s quality regulations for agricultural products, as the bloc increases demands on several farm products from Việt Nam. A dragon fruit garden in Bà Rịa – Vũng Tàu Province. Compliance is …
Read More »Anti-corruption drive should not hinder Việt Nam’s public spending efforts: experts
Việt Nam is grappling with challenges in accelerating public spending as a result of the ongoing anti-corruption campaign, which has led to indecision and delays, experts warned. Party Chief and President Tô Lâm at a recent anti-corruption meeting in Hà Nội. — VNA/VNS Photo—— HCM CITY — Việt Nam is …
Read More »Fruit, vegetable exports expected to hit record in 2024
Vietnam’s fruit and vegetable exports will likely hit a record high of US$7 billion this year, driven by a steady double-digit growth in recent times. The country earned $3.83 billion from exporting fruit and vegetables in the first seven months of 2024, up 24.3% compared to the same period last …
Read More »Shopee’s Seller Summit Singapore 2024: Empowering Sellers and Unleashing Business Potential
Shopee’s Seller Summit Singapore 2024: Empowering Sellers and Unleashing Business Potential SINGAPORE – Media OutReach Newswire – 19 August 2024 – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has successfully concluded its highly anticipated Seller Summit Singapore 2024. This year’s summit showcased diverse strategic initiatives crafted to …
Read More »New land and housing laws expected to better allocate resources for economic growth
Starting August 1, 2024, three key laws – the 2024 Land Law, the amended Housing Law, and the amended Real Estate Business Law came into effect. These laws are expected to significantly boost the land, housing, and real estate markets by improving legal frameworks, removing obstacles, and better allocating resources …
Read More »Strong export growth but many challenges remain
The total trade turnover in July exceeded US$70 billion for the first time, of which exports reached a record of over $36 billion, marking the month with the highest export value ever. Loading and unloading containers at Cái Mép – Thị Vải Port, Bà Rịa – Vũng Tàu Province. — …
Read More »SBV sticks to 0% rate to fight off dollarisation
Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the 0% interest rate for deposits made in US dollars, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists. Outside of …
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