The bad debt ratio of the banking system as of the end of May 2024 was at 4.94 per cent, higher than the 4.55 per cent at the end of 2023

Besides the domestic consumption, Bắc Giang has increased the lychee export to many markets, including the US, Japan, EU, Australia and Canada, according to the Department of Industry and Trade of Bắc Giang Province.

Divestment strategies and asset sales are key for large firms to focus on core business areas and sustain profit growth.

Changes are seen more clearly with the integrated food and energy production system in Mato Grosso, the country’s agricultural giant state.

At the close of the first trading session of the week (August 5), the VN-Index plummeted by nearly 50 points. However, immediately after the storm had passed, the market quickly regained almost half of what was lost and during the remaining three trading sessions, it made efforts to climb amid scepticism.

Through the festival, the city hopes to attract investment to realise the goal of developing Cam Ranh into a "logistics tourism city", he said.

The Vietnam-Canada Business Association (VCBA) on August 9 coordinated with the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) to organise a seminar in both in-person and online format to support Vietnamese enterprises in accessing the North American and Canadian markets.

Việt Nam earned US$4.29 billion  from exporting textile and garment products in July, up 12.4% from the same period last year.

Prime Minister Phạm Minh Chính chaired a meeting on Hồ Chí Minh City’s socio-economic development and implementation of the National Assembly’s Resolution 98 on piloting some specific mechanisms and policies for the city’s development on August 10 in the southern metropolis.

Startup and innovation are important driving forces for the country's development in the new period, Vice Chairman of the National Assembly (NA) Nguyễn Đức Hải has said.

Việt Nam’s wood industry has recorded positive signs with significant increases in the export of key products despite ongoing global economic uncertainties, according to the Q3 meeting on wood processing and export held in the southern province of Bình Dương on August 9.

The event, organised by the People’s Committee of Hưng Yên Province, was inaugurated on the evening of August 9 in Văn Giang District, Hưng Yên Province. The festival will run from August 9 to 11.

Businesses, farmers, and management authorities need to develop rational strategies in response to market changes to create breakthroughs and achieve the set export revenue target of US$4-4.3 billion for the year, experts have said.

Minister of Planning and Investment (MPI) Nguyễn Chí Dũng emphasised that the seminar is a key initiative in advancing the project aimed at developing human resources for the semiconductor industry, with goals extending to 2030 and a vision towards 2050.

Shares surged on Friday as the rebound of large-cap stocks enabled the VN-Index to recover 15.32 points following the previous session's decline, with foreign investors halting their four-day net selling streak.

A workshop to collect expert opinions for the draft of the amended Special Consumption Tax Law and the beverage industry has been held Hà Nội.

Việt Nam has emerged as a potential market for Polish food and agricultural products so the European country plans to expand exports to the Southeast Asia country.

Economists and industry experts have been calling for the establishment of a fuel exchange in Việt Nam, saying it will reduce monopolies and create opportunities for domestic and foreign businesses.

By 2030, Hưng Yên will have 30 industrial parks over a total area of ​​about 9,589ha, including 17 IPs under the planning approved by the Prime Minister and 13 newly planned IPs.

The Handicraft and Wood Industry Association of HCM City plans several measures to elevate the local industry, including increasing its self-sufficiency in the supply chain.