The PetroVietnam Exploration Production Corporation (PVEP) – a subsidiary of the Vietnam Oil and Gas Group (Petrovietnam) - has exploited 3 million tonnes of oil equivalent in the first 10 months of 2023, exceeding 14% of the planned target set by the group in 2023.

The National Assembly (NA) on November 10 adopted a resolution on the state budget allocation plan for 2024.

Increasing costs for credit risk provisions made many commercial banks’ profits decline in the third quarter of 2023.

The Ministry of Transport (MoT) and the United National Development Programme (UNDP) and the Japanese Embassy in Vietnam jointly held a conference in Hanoi on November 10 to discuss ways to accelerate the transition to electric vehicles.

Students from Hồ Chí Minh City University of Technology (HUT) have been honoured as champions of a start-up competition, the GBA Business Challenge, convincing the panel of judges with their innovative business idea aimed to save the environment and highlight Vietnamese identity.

The growth of deepfake crime has become a major concern as technology development continues to reshape the social media and traditional media landscapes, experts said.

Standard Chartered Bank Vietnam on Wednesday hosted its inaugural Treasury Leadership Forum in Việt Nam, focusing on digital trends in Việt Nam and the ASEAN region that have a significant impact on treasury management.

Sanitary and phytosanitary (SPS) measures in foreign markets were introduced to businesses and local authorities at a forum held by the Coordination Office for Agriculture and Rural Affairs in the Mekong Delta and Vietnam Sanitary and Phytosaniary Notification Authority and Enquiry Point (Vietnam SPS) in the Mekong Delta city of Can Tho on November 9.

Up to 500 brands, 3,000 businesses, e-marketplaces, and sale supporting platforms will take part in the Vietnam Online Shopping Day - Online Friday 2023 in early December.

The Vietnam Craft Villages Festival 2023 opened in Hanoi on November 9, with the participation of National Assembly Chairman Vuong Dinh Hue and more than 300 delegates.

The Governor of the State Bank of Vietnam (SBV) and representatives from some ministries, credit institutions and businesses will meet online on November 13 to look into the implementation of the Prime Minister’s dispatch on the real estate market.

A major contributor, according to a spokesperson from the VFA, is how exporters leave themselves vulnerable to price fluctuations. Many exporters choose to sign contracts with foreign buyers first and look for supply later. Once prices surge in the domestic market, they either have to negotiate or accept the losses.

The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export sectors.

A business seminar has been held in Nograd county of Hungary with a view to promoting economic and trade relations between Vietnam and the European country.

Prime Minister Pham Minh Chinh on November 9 affirmed that Vietnam always treasures its relations with Russia and remembers the wholeheartedly support the country has given to Vietnam during its national protection, construction and development.

A number of lawmakers suggested raising the ratio of state capital in public private partnership (PPP) road projects to 80% while discussing a draft resolution on special mechanisms and policies for such projects on November 9.

The Mekong Connect 2023 Forum will take place in Ho Chi Minh City on November 15 and 16, highlighting the connection of supply and value chains between the city and 13 Mekong Delta localities towards a green and sustainable economy.

Unilever Vietnam has reaffirmed its commitment to climate action by building a carbon net-zero value chain by 2039. This commitment aligns with the global push towards sustainability and the need to address climate change.

Products of leading Italian firms in the packing production, processing and packaging sector are being introduced at the 16th International Processing and Packaging Exhibition and Conference for Vietnam (ProPak Vietnam 2023), which is taking place in Ho Chi Minh City from November 8-10.

The European Union (EU)’ Carbon Border Adjustment Mechanism (CBAM) is a challenge for many sectors of Vietnam but also a motivation for businesses to speed up green transition to meet sustainable production standards, heard a conference in Ho Chi Minh City on November 8.