The US-ASEAN Business Council (USABC) will break its own record on the number of US businesses joining an annual delegation to Vietnam, even higher than the 51 firms joining the delegation in March last year, according to President & CEO of the council Ted Osius.

Diversifying long-term strategies in supporting businesses to offer high-quality products is among the orientations set out by the Business Association of High Quality Vietnamese Products for the 2024-2028 tenure to promote circular economy.

The Ministry of Planning and Investment is trying to push through a scheme to establish an international financial hub in the central city of Da Nang.

The Vietnamese government remains fully committed to improving the business environment and enhancing the country's competitiveness, heard participants at a conference in Hà Nội yesterday.

Japanese Deputy Ambassador to Việt Nam Shige Watanabe expressed his hope that measures against counterfeit goods will be rolled out appropriately in Việt Nam, legitimately protecting IP rights and improving its business environment.

Diversifying long-term strategies in supporting businesses to offer high-quality products is among the orientations set out by the Business Association of High Quality Vietnamese Products for the 2024-2028 tenure to promote circular economy.

Czech Republic consumer finance provider Home Credit Group has announced it will sell its Home Credit Vietnam business to The Siam Commercial Bank Public Company Limited (SCB), part of SCBX Public Company Limited (SCBX), for approximately 800 million euros (US$866 million).

Vietjet offers thousands of 0 VND Eco tickets and a 10% discount on Business tickets for passengers easily having memorable journeys with their beloved women in celebration of International Women’s Day on March 8.

Vietnamese overseas investment decreased in the first two months.

The VNĐ58 trillion (US$2.4 billion) LNG Nghi Sơn thermal power plant project is expected to be implemented for 50 years, with commercial operation slated before 2030.

Prime Minister Pham Minh Chinh has urged the acceleration of construction of T3 passenger terminal of Tan Son Nhat airport and Long Thanh airport so that the projects can be put into operation before April 30, 2025 and in the first half of 2026, respectively.

The request was filed by Borosil Renewable Limited.

The DOC also decided to extend the deadline to issue the preliminary and final conclusions of its investigation into the alleged circumvention of trade defence tax evasion of Vietnamese wooden cabinets. It plans to issue the preliminary and final conclusions of the case by April 19 and July 18, 2024.

Vietnamese enterprises invested over 25 million USD in 17 new projects aboard in the first two months of 2024, equal to 21.7% of the capital registered in the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Prime Minister Pham Minh Chinh has urged the acceleration of construction of T3 passenger terminal of Tan Son Nhat airport and Long Thanh airport so that the projects can be put into operation before April 30, 2025 and in the first half of 2026, respectively.

Agricultural exports, including rice, have seen positive signals since the beginning of this year.

The US Department of Commerce (DOC) has announced the extension of the deadline to issue the final conclusion on the investigation of the product scope of wooden cabinets imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

Vietnamese businesses operating in agriculture will attend the Agricultural Supply Chain Asia conference (ASCA) co-hosted by the US Grains Council, the US Wheat Associates, and the US Soybean Export Council from March 18 – 20, according to the Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI).

Demand for gold also increased on the prolonged geopolitical tensions and China’s economic slowdown, pushing investors to seek gold as a safe haven.

Demand in the global market, including Europe and America, is gradually recovering because inflation had begun to subside since the end of 2023.