Việt Nam's mergers and acquisitions market is poised for growth in 2024 with foreign investors scouring for strategic deals in the dynamic market and local firms needing capital to restructure but unable to source domestically, a conference heard in HCM City on March 12.

Compared to three years ago, domestic investors outperformed on the merger and acquisition (M&A) market, but the most valuable deals still belonged to foreign investors, heard a conference on M&A trends in Ho Chi Minh City on March 12.

In order to support businesses in accessing capital to promote production and business, Agribank sets aside VND 20 trillion to implement a short-term preferential credit program for large businesses with interest rates up to 2.0 percent per annum lower than normal lending interest rates.

National flag carrier Vietnam Airlines will begin its direct services from Hanoi and Ho Chi Minh City to Munich, one of the largest cities in Germany, from October this year.

HCM City and Chinese provinces situated along the Yellow River, like Shandong, Shanxi and Qinghai, have great potential for economic, trade and investment ties as they have cultural similarities and their goods structures are complementary, a conference heard in the city on Monday (March 11).

Vietnam has encouraged and created favourable conditions for coal-to-gas power transition projects, Deputy Prime Minister Tran Hong Ha said while receiving Finnish Ambassador to Vietnam Keijo Novaron and President and CEO for Wartsila Corporation Hakan Agnevall in Hanoi on March 12.

In the first two months, export totaled $58 billion, up 17.6 per cent against the same period last year. Import was up 17.7 per cent to reach $54.4 billion.

Minister of Finance Ho Duc Phoc chaired an investment promotion conference themed “Vietnam – Investment Destination” in Tokyo on March 12, which drew representatives from leading Vietnamese and Japanese financial institutions, banks, life insurance corporations, investment funds, and securities companies.

A total of 2,033 Hyundai cars hit the road in Vietnam in February, a month-on-month fall of 43%, Thanh Cong (TC) Group, the assembler and distributor of Hyundai vehicles in Vietnam, announced on March 12.

If each trading account corresponds to one investor, domestic individual investors now account for 7.5 per cent of Việt Nam's population participating in the stock market.

Vietnam Expo 2024, the largest trade fair in Việt Nam, will be held at the Hà Nội International Exhibition Centre in the capital city from April 3-6.

The Móng Cái international border gate in the northeastern province of Quảng Ninh has seen trade volume decline so far this year, but trade turnover has increased compared to the same period last year, according to head of the border gate management board Trần Bích Ngọc.

Celebrating the anniversary of its first flight to Australia with six routes, Vietjet offers the biggest promotions of the year to express gratitude to passengers.

The Cà Mau Petroleum Fertiliser JSC (PVCFC) is preparing high-quality shipments to officially enter Australia and New Zealand, two of the world's most demanding fertiliser markets.

Hanoi’s concentrated promotion programme, slated for May, July, and November this year with discount of up to 100%, expects the engagement of 1,000-2,000 businesses from all economic sectors, according to the city Department of Industry and Trade.

Vietnamese agricultural products have more opportunities to hit the shelves of Japanese supermarket chain Aeon as Aeon Topvalu will attend the Vietnam International Sourcing 2024 event to be held by the Ministry of Industry and Trade (MoIT) on June 6-8 in Ho Chi Minh City.

Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year, an increase from the 14.47 billion USD last year which was down 15.4% from 2022.

Dragon Capital, the manager of the two largest ETFs, has experienced strong capital outflows since the beginning of 2024, totalling over VNĐ2 trillion.

Việt Nam’s export of services reached $20 billion in 2023 with an average annual growth rate of 11 per cent, higher than the country’s gross domestic growth rate.

This regulation of loan interest rates for social housing is part of the contents put forward for comments by the Ministry of Construction in the draft Decree on social housing development and management, and has attracted a lot of attention from public opinion.