A Techcombank’s transaction office in Hà Nội. Techcombank has recently increased its savings rate by 0.3-0.45 percentage points per year. —Photo Techcombank HÀ NỘI — Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month. Việt Nam’s consumer price index in the first five months of …
Read More »Real estate market in choppy waters: experts
Lack of capital, speculation and legal and liquidity issues are challenges the real estate market will face in the second half of 2022, experts have warned. Both the primary and secondary markets saw trading plunge in the first half, and new supply has been dwindling due to legal troubles, they …
Read More »Củ Chi lures investor interest with beneficial policies, location
HCM City’s Củ Chi District is located right on the banks of the Sài Gòn River and close to provinces that are well established industrial centres, making it ideal for development as a logistics hub and an eco-tourism destination. Photo sggp.org.vn HCM CITY – The city’s Củ Chi District is …
Read More »Animal husbandry must go high-tech for export expansion
A pig raising farm in Ba Vì District, Hà Nội. Animal husbandry must apply technology to increase competitiveness and quality and lower production costs. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Animal husbandry in Việt Nam must apply high-tech solutions to meet the quality requirements of foreign markets to expand exports, experts …
Read More »Food exporters urged to evolve to tap into large markets
Passion fruit is processed for export at a factory in the Central Highland province of Đắk Nônng. — VNA/VNS Photo Ngọc Minh HÀ NỘI — There remains untapped potential for Việt Nam’s exports of agricultural and food products to major markets in Asia, Europe and America, but it is important for Vietnamese enterprises to improve the quality of their …
Read More »Shares plunge on strong correction pressure
A plant of Bình Sơn Refinery Company (BSR). BSR lost 6.5 per cent Monday. Photo bsr.com.vn HÀ NỘI Shares started the week on a negative note, hammered by losses in multiple sectors facing strong correction pressure during the trading time. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index …
Read More »Gasoline prices jump another 2.5 percent
Vietnam gasoline prices set yet another new record Monday after authorities adjusted them upward for the sixth consecutive time. The price of popular RON 95 gasoline rose by 2.5 percent to VND32,370 ($1.39) a liter, while that of biofuel E5 RON 92 was 2.9 percent costlier at VND31,110. Prices of …
Read More »US launches antidumping, countervailing probe into Vietnamese wood cabinets
The U.S. has initiated an antidumping and countervailing investigation into Vietnam and Malaysia’s wooden cabinets, which it suspects were imported from China. The investigation was launched on June 7, with the U.S. Department of Commerce (DOC) requested to provide its final conclusion within 300-365 days, according to a statement from …
Read More »VN-Index hits 3-week low
Vietnam’s benchmark VN-Index plunged 4.44 percent to 1227.04 points Monday, a three-week low, as Asian stocks sank amid worries about inflation and higher U.S. interest rates. The index closed 57 points lower after losing nearly 24 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by …
Read More »US enquires into wooden cabinets from Việt Nam
A wood processing factory in Việt Nam. — VNA/VNS Photo HÀ NỘI — The US Department of Commerce (DOC) has launched an anti-circumvention and anti-subsidy investigation into wooden cabinets imported from Việt Nam and Malaysia, according to the Trade Remedies Authority of Việt Nam (TRAV). On May 24, DOC launched a probe to …
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