Without a long-term strategy and faster localisation, Vietnam’s energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.

Overcoming the fluctuations from the global economic landscape and internal constraints in 2023, Vietnam's economy continued its trajectory of recovery, with inflation kept under control and key balances safeguarded.

The State Bank of Vietnam (SBV) will not consider increasing policy interest rates and might extend debt rescheduling policies to support enterprises this year, said SBV Deputy Governor Dao Minh Tu said at a press conference on January 3.

Minister of Agriculture and Rural Development Lê Minh Hoan discussed the performance of Việt Nam's agriculture sector in 2023 and its development directions for 2024 in an interview with the Vietnam News Agency (VNA).

To promote responsible business in e-commerce, the Ministry of Industry and Trade actively deploys to protect the rights and interests of consumers.

Forecasting that the economy would continue struggling this year, the central bank will consider extending Circular 02 on debt rescheduling to assist in difficulties in 2024.

Without a long-term strategy and faster localisation, Việt Nam's energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.

The Mekong Delta province of Hậu Giang should capitalise on its strengths for fast and sustainable growth while making contributions to regional and national development, President Võ Văn Thưởng said on January 1.

A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.

The market capitalisation of Việt Nam’s stock market approximated VNĐ6 quadrillion (US$246.7 billion) in 2023, rising 9.5 per cent from and equivalent to about 62 per cent of gross domestic product (GDP) in 2022, statistics show.

Prime Minister Pham Minh Chinh urged the agriculture and rural development sector to focus on innovation, speed up digital and green transformation and promoting the development of circular economy, knowledge economy, and sharing economy, towards realising the goal of ecological agriculture, modern rural areas and civilised farmers.

The northern province of Hung Yen expects to attract 600 million USD in foreign direct investment (FDI) to its industrial parks this year.

Over 255 tonnes of durian were exported to China via border gates in the northern province of Lao Cai in the first three days of 2024, earning nearly 1 million USD, according to Lao Cai Border Gate Customs Office.

Nutri Soil JSC held a ceremony in Buon Ma Thuot city in Dak Lak province on January 3 to send the first container of macadamia to the Republic of Korea (RoK) in 2024, which is also the first batch of the product exported to the RoK from the Central Highlands via official channels.

The northern province of Thai Nguyen strives to attract 15 new projects to its industrial zones, 500 million USD of foreign direct investment (FDI) and 4.5 trillion VND (over 184.4 million USD) of domestic direct investment (DDI) in 2024, according to the province’s Industrial Parks Management Board.

The increased flights mainly connect HCM City and Hà Nội with Đà Nẵng, Hải Phòng, Vinh, Thanh Hóa, Huế, Đà Lạt, Cần Thơ, Nha Trang, Phú Yên and Phú Quốc.

The National Power Transmission Corporation (EVNNPT) will commence 34 electricity transmission projects and complete 63 others this year, its Chairman of the Member Council Nguyen Tuan Tung told a conference on Tuesday.

VinFast, Việt Nam’s first electric vehicle maker, on January 2 announced the signing of agreements with its first five dealers in four states of the US, bringing opportunities for customers to experience VinFast electric vehicles.

The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3.