The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,901 VND per USD on February 14, unchanged as compared to the previous day.

The domestic gold market is heating up with gold shops introducing various products to take advantage of huge demand on the God of Wealth Day - the 10th day of the Lunar New Year, which falls on February 14 this year.

Vietnamese firms should focus on environmental protection and corporate social responsibility when investing abroad to develop sustainably and promote the socio-economic development of their host countries, experts have urged.

Hoa Phat Group, the nation’s largest steel producer, has announced that it churned out nearly 250,000 tonnes of construction steel in January, up 27 percent year-on-year and equivalent to the record-breaking figures of October 2018.

Mentors are needed to help young Vietnamese entrepreneurs grow their businesses, but connections are still modest, experts said.

The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.

Five or six more industrial parks are expected to be built in the northern port city of Hai Phong in the time ahead, according to head of the Hai Phong Economic Zone Authority (HEZA) Pham Van Moi.

Competition between domestic and foreign retailers is likely to remain fierce this year, requiring Vietnamese businesses to cooperate in order to maintain their market shares, said an official from the Ministry of Industry and Trade (MoIT).

The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.

The central city of Da Nang is calling for investment to 14 public parking lots in a bid to serve the surging demand resulted in by a sharp increase of motorized vehicles.

Purchasing power during the Tet (Lunar New Year) holiday increased by 10-12 percent from last year and 15-20 percent in comparison with previous months, according to the Ministry of Industry and Trade (MoIT).

Vietnam raked in 700 million USD from aquatic exports in January, a year-on-year rise of 15.2 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) recorded a brand strength improvement of 22 percent between 2018 and 2019, the third largest change among 500 banks worldwide.

The State Bank of Vietnam set the daily reference exchange rate at 22,901 VND per USD on February 13, down 4 VND from the previous day (February 12).

Four Vietnamese banks were named on the list of the top 500 most valuable banks in the world by the UK-based Brand Finance, a leading independent branded business valuation and strategy consultancy.

The Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has been the only Vietnamese private bank to be named in the 2019 list of the world’s top 500 valuable bank brands recently announced by the Brand Finance.

Prime Minister Nguyen Xuan Phuc highlighted a bright outlook for Vietnam’s economy while opening a stock trading session after the Lunar New Year holiday in Hanoi on February 12.

The Mekong Delta province of Kien Giang strives to yield 21,500 tonnes of shrimp on a site of 3,100ha in Long Xuyen Quadrangle and U Minh Thuong in 2019.

The State Bank of Vietnam set the daily reference exchange rate at 22,905 VND per USD on February 12, up 10 VND from the previous day.

National flag carrier Vietnam Airlines was the eighth most valuable brand in Vietnam in 2018, according to a recent report of branded business valuation consultancy firm Brand Finance.