The International East-West Economic Corridor (EWEC) Trade, Tourism and Investment Fair - Da Nang 2023 (EWEC Da Nang 2023) opened in the central city of Da Nang on August 3, featuring 300 booths by more than 150 businesses, including 27 foreign firms.

Relevant authorities need to have preferential policies regarding prices and tax rates, and those providing support for investors in accessing loans for renewable energy projects, said insiders.

Demand for gold in Vietnam shrank 9% in the second quarter this year compared to the same period last year, according to the World Gold Council’s latest report.

Hanoi launched a week-long event on August 3 to popularise and promote sales of products of the OCOP (One Commune-One Product) Programme and craft villages, as well as safe agricultural and food products.

Besides reducing business conditions, a number of ministries and sectors have continued to issue and enforce new business conditions with stricter requirements that cause difficulties for enterprises, said Deputy Minister of Planning and Investment Tran Duy Dong.

To date, 10 provinces have sent their lists of projects for access to a 120 trillion VND (5.11 billion USD) housing credit package, heard an online conference on reviewing a resolution to remove difficulties for the development of the real estate market chaired by Prime Minister Pham Minh Chinh on August 3.

Five banks in Vietnam recorded a pre-tax profit of more than 10 trillion VND (422 million USD) in the first six months of this year, financial statements of the banks showed.

Vietnam’s economy started the second half of this year with positive signals which are expected to pave the way for a better recovery in the coming time.

The State Bank of Vietnam set the daily reference exchange rate at 23,825 VND/USD on August 4, up 22 VND from the previous day.

Prime Minister Pham Minh Chinh assigned specific tasks to ministries, agencies, localities and businesses to tackle obstacles in real estate market development at a teleconference in Hanoi on August 3 that reviewed the implementation of the Government’s Resolution No. 33/NQ-CP on a number of solutions to boost the real estate market's development.

Vietnamese airlines’ on-time performance (OTP) reached 88.3% in the first five months of this year, down 2 percentage points year-on-year, reported the Civil Aviation Authority of Vietnam (CAAV).

The Vietnam Trade Office in Canada has warned Vietnamese businesses about export scams by some individuals misrepresenting themselves as major Canadian companies.

Major petroleum enterprises are planning to increase petrol imports to compensate for the shortage of petroleum supply due to the temporary closure of Nghi Son Refinery for maintenance from August 25.

Prime Minister Pham Minh Chinh highlighted joint efforts by ministries, agencies, businesses and people in handling pending issues related to the real estate market while chairing an online conference on August 3.

A wave of foreign businesses are coming to learn about potential real estate projects in Vietnam to carry out mergers and acquisitions (M&As), reported Dau tu (Vietnam Investment Review) newspaper.

Thirty outstanding social impact businesses (SIB) participating in the 2023 COVID-19 recovery programme was announced on August 3 by the Agency for Enterprise Development under the Ministry of Planning and Investment, the Global Affairs Canada, and the United Nations Development Programme (UNDP).

Vietnam will export the second batch of 18 tonnes of fresh sugarcane to the US market in the coming time.

Following the recent launch of the privately-placed corporate bond trading system, Minister of Finance Ho Duc Phoc has said if transparency and safety are ensured, privately-placed corporate bonds will effectively prove their role in mobilising capital for businesses.

Despite signs of transaction stagnation, apartment prices in several areas of some big cities like Hanoi and Ho Chi Minh City still increased during the second quarter of 2023, said the Ministry of Construction (MoC).

Even though the National Day (September 2) holidays is still nearly a month away, surveys indicated that prices of domestic flight tickets have been pushed up.