The 2024 Vietnam International Paper and Packaging Exhibition and the 3rd Vietnam International Electricity, Energy, Industrial machinery and Automation Exhibition opened in Bình Dương Province on May 8.

Tetra Pak on May 7 announced an additional €97 million investment to further expand its packaging material production facility in the southern province of Bình Dương.

More than 400 companies are displaying their products at the second Vietnam Outstanding Export Products Fair, or HCM City Export 2024, that opened in HCM City on May 8.

The only winning bid price is VNĐ86.05 million per tael, which is VNĐ750,000 per tael higher than the reference price.

Since the beginning of this year, the number of securities accounts held by domestic investors has increased by more than half a million accounts.

As the domestic petrol prices are also going parallel with the world market, the removal of the petrol price stabilisation fund should be considered.

Bắc Giang Province's gross regional domestic product (GRDP) grew more than 14 per cent in the first quarter of this year.

The vast majority of those are being imported through e-commerce platforms, including some of the largest in the country such as Shopee, Lazada and TikTok, with combined value reaching billions of dollars monthly.

The $1.8 loan will be invested as the third part of the Long Thành International Project’s first phase, to include improvements to passenger terminals and aircraft aprons, with a total overall investment of VNĐ99 trillion (US$3.9 billion).

Deputy Minister of Planning and Investment Đỗ Thành Trung has expressed his wish for the support from the Australian Centre for International Agricultural Research (ACIAR) in optimising investment resources for agriculture and rural development.

The VN-Index inched closer to the threshold of 1,250 point-level.

The company reported a profit before tax of VNĐ65 billion, but after deducting taxes, it ended up with a loss after tax of VNĐ31.4 billion. 

Italian insurance – financial company SACE has announced a capital package worth US$1.3 billion to support Italian companies in Việt Nam as well as Vietnamese firms using technologies, machines and components imported from Italy.

The 2024 Land Law coming into effect will have a significant impact, with the two groups benefiting the most being overseas Vietnamese and resettled individuals who are compensated.

The merger of Hà Nội and Sài Gòn railway companies into Railway Transport JSC with over VNĐ1.3 trillion (US$51.2 million) in capital will be completed by year-end.

The American Alliance for Solar Manufacturing Trade Committee requested to investigate a number of solar battery products under HS codes 8501.61.0000, 8507.20.80, 8541.42.0010 and 8541.43.0010.

There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the SBV bought for zero đồng.

The Vietnam National Oil and Gas Group (Petrovietnam) on May 4 held a ceremony to officially inaugurate the first phase adoption of Enterprise Resource Planning (ERP) system at its parent company - PVN.

The power can still be connected to the national grid but transmission can only priced at VNĐ0, a requirement that has sparked controversy with opponents saying the policy is counterproductive as a way of encouraging the public and businesses to participate.

Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.