The State Bank of Vietnam set the daily reference exchange rate at 23,946 VND/USD on August 18, down 5 VND from the previous day.

Vietnamese exhibitors are attending the Franchising & Licensing Asia (FLAsia) held in Singapore from August 17-19.

Registration for the protection of intellectual property rights of Vietnamese enterprises abroad is on the rise, contributing significantly to the process of entering foreign markets as well as promoting products.

The State Bank of Vietnam (SBV) and the banking system always create favourable conditions to support real estate businesses and the property market to develop strongly and sustainably, said Pham Chi Quang, Director of the SBV’s Monetary Policy Department.

The domestic air passenger transport market has experienced a strong recovery, with an annual growth of 41.8% recorded in the first seven months of 2023, announced the Civil Aviation Authority of Vietnam (CAAV).

Investors of the Republic of Korea (RoK) were net buyers of stocks in Vietnam, at 9.1 million USD, in the first 11 days of August, over four times higher than the net buying of 2.12 million USD in July, according to the Korea Securities Depository (KSD).

The Vietnam International Sourcing 2023, which will be hosted by the Ministry of Industry and Trade (MoIT) from September 13 – 15 in Ho Chi Minh City, is expecting to attract about 150 business delegations from 30 countries and territories worldwide.

Close to 780 million USD in FDI and over 2.2 trillion VND (91.8 million USD) in domestic capital have so far been poured into industrial parks (IP) in the southern province of Dong Nai since the beginning of the year.

The US Department of Commerce (DOC) has issued a notice initiating a scope review investigation on steel wheels imported from Vietnam, according to the Ministry of Industry and Trade (MoIT)’s Trade Remedies Authority.

The Ministry of Industry and Trade (MoIT) is building a long-term strategy on rice export and market stabilisation, following bans by several countries, according to Deputy Director of the MoIT's Import-Export Department Tran Quoc Toan.

The European Commission (EC) has announced the launch of anti-dumping and anti-subsidy tax investigations into cold-rolled stainless steel products imported from Vietnam, Taiwan (China) and Türkiye, according to the Trade Remedies Authority under the Ministry of Industry and Trade.

The State Bank of Vietnam set the daily reference exchange rate at 23,951 VND/USD on August 17, up 33 VND from the previous day.

Ho Chi Minh City’s authorities will improve the local investment environment and create favourable conditions for foreign enterprises, particularly those from the Republic of Korea (RoK), to do long-term business stably and effectively, a municipal official has said.

The Vietnam International Advertising Equipment and Technology Exhibition (VIETAD 2023) kicked off in Ho Chi Minh City on August 16.

Posco Yamato Vina Steel Joint Stock Company has become the first steel maker in Vietnam officially granted the international EPD (Environmental Product Declaration) certificate.

Establishing disease-free zones was critical for Vietnam to promote the export of husbandry products, according to the Department of Animal Health.

Deputy Prime Minister Tran Luu Quang attended the opening ceremony of the 7th China – South Asia Expo (CAS Expo) and the 27th China Kunming Import and Export Commodities Fair in Kunming, the capital of China’s Yunnan province, on August 16.

There are still issues to be resolved with the recently approved National Power Development Plan 8 (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).

The Department of Science and Technology of the Central Highlands Kon Tum province has granted its very first geographical indication certificates for Ngoc Linh ginseng products of two local companies.

It is time for e-commerce to change towards rapid development associated with sustainable green technology to minimise the adverse impact on the environment and society, according to experts.