The Asian Development Bank (ADB) has maintained its earlier growth projection for Vietnam this year despite lingering uncertainties in the external environment. The country’s economy is expected to grow at 6.0 percent and 6.2 percent in 2024 and 2025, respectively, heard a conference held in Hanoi on April 11.

The year 2024 is considered a crucial period for accelerating and achieving breakthroughs in the implementation of Việt Nam's five-year socio-economic development plan for 2021-2025.

This marks a significant milestone for Viettel in its efforts to implement the “Development Strategy of Việt Nam's International Optical Cable System by 2030, vision to 2035” of the Ministry of Information and Communications (MIC).

Deputy Prime Minister Tran Hong Ha chaired the first meeting of the National Steering Committee on the implementation of the Strategy for Sustainable Development of Vietnam's Marine Economy till 2030, with a vision to 2045.

Việt Nam attaches special importance to collaboration with border localities, including Yunnan, in its relations with China, and valued the fruitful cooperation between Yunnan and Vietnamese localities, particularly those in the northern border region.

On April 11, 2024, Agribank was honored to receive the Straight Through Processing (STP) Award in 2023 from Standard Chartered Bank with the Straight-Through Processing (STP) rate reaching 98.6 percent.

Chairman of the National Assembly Vương Đình Huệ hosted receptions for leaders of several Chinese corporations in Kunming City, Yunnan Province, on Friday as part of his official visit to China.

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.

The amended Land Law and newly-approved Law on Real Estate Business will positively impact real estate market recovery and facilitate the rebound of the local construction materials market.

Vietnam needs to take advantage of opportunities to overcome difficulties and keep up with global trends; and create good, better quality foundations in terms of institutions, infrastructure and human resources for breakthrough development, according to an economist.

Textile and garment businesses are making a green push with development of eco-friendly products adapted to global fashion trends and by meeting the stringent requirements under free trade agreements the country has signed, according to industry insiders.

This business workshop brought together members of key government, business and investment communities for peer-to-peer sharing of the most updated legal regulation on emission reduction, corporate experiences towards net zero, and to discuss concrete opportunities for enabling green transformation in Việt Nam.

Klook, an Asia’s travel and experiences platform, on Wednesdayannounces a remarkable surge in inbound tourism to Việt Nam during the first quarter of 2024, reflecting the country's rapid ascent as a travel hotspot.

The industry is currently grappling with many challenges that threaten to push producers into bankruptcy and potential acquisition.

The Prime Minister also asked relevant ministries to complete the new regulations before April 25, 2024 to remove current difficulties and create favourable conditions for the production and business activities for the medicinal herbs.

Honda Vietnam on April 11 announced that its retail sales of motorcycles and automobiles in March increased by 11.4% and 124% compared to the previous month.

Deputy Prime Minister Tran Hong Ha said the Government is committed to the continued development of the green economy, including renewable energy, while attending the 4th Vietnam Development Bridge 2024 Forum and the Golden Dragon Awards programme in Hai Phong on April 10.

Looking solely at the numbers, VPBank experienced a significant decline in its return on equity (ROE) in 2023, indicating ineffective operations. However, delving deeper into the reasons behind this sudden drop reveals that it actually presents a competitive advantage for VPBank in the future.

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.

The Civil Aviation Authority of Vietnam (CAAV) has required airlines to consider increasing supply capacity on routes from Hanoi and Ho Chi Minh City to destinations with big tourism demand such as Da Nang, Phu Quoc, Tuy Hoa, Binh Dinh, and Cam Ranh during the Liberation of the South and National Reunification Day (April 30) and May Day (May 1) holidays.