The ceiling retail petrol prices were revised up from 3pm on February 1 by the Ministry of Industry and Trade, and the Ministry of Finance.

Business activities in the last quarter of 2023 showed improvement, leading to a brighter financial outlook for the entire year.

More than 662.59 trillion VND (27.14 billion USD) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance.

Total retail sales of goods and revenue from consumer services in January were estimated at 524.1 trillion VND (21.47 billion USD), up 8.1% year-on-year, as consumers have been on the mood to shop for the upcoming Tet (Lunar New Year) Festival, according to the General Statistics Office (GSO).

Last year, the northern province of Thai Binh became one of the five biggest recipients of foreign direct investment (FDI) for the first time, an achievement attributed to its flexible and creative moves and strongly reformed measures to support investors.

Although the average consumer price index (CPI) in 2023 increased by only 3.25% year-on-year and the January figure went up 0.31% over the previous month, meaning that inflation is under control, it is necessary for Vietnam to be vigilant against inflation, according to the Investment Review.

There is great potential for Vietnam to increase its agricultural, forestry, and aquatic exports to the US, particularly when the quality and competitiveness of its products are improved.

According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.

A delegation of the State Audit Office of Vietnam (SAV) led by Deputy Auditor General Bùi Quốc Dũng visited the Swedish National Audit Office (NAO) on January 29-30 after attending the 22nd meeting of the Working Group on Environmental Auditing (WGEA) of the International Organisation of Supreme Audit Institutions (INTOSAI) in Finland.

A delegation of the State Audit Office of Vietnam (SAV) led by Deputy Auditor General Bui Quoc Dung visited the Swedish National Audit Office (NAO) on January 29-30 after attending the 22nd meeting of the Working Group on Environmental Auditing (WGEA) of the International Organisation of Supreme Audit Institutions (INTOSAI) in Finland.

Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.

The conference attracted participation from Việt Nam trade offices abroad, relevant agencies and businesses from 63 provinces and cities across the country.

Vietnam expects its agricultural export value to China to increase sharply this year, as China agreed to review regulations permitting official exports of poultry meat from Vietnam to this market.

Real estate has emerged as the biggest recipient of foreign direct investment (FDI) in January while foreigners now also have great demand for property in Vietnam, statistics show.

The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.

In the last month, major banks including Vietcombank, ACB, TPBank, SHB and BIDV, as well as other consumer finance companies have been rolling out offers with incentives to individual customers. 

This year the Government plans to improve the business environment through comprehensive reforms and policy changes and support businesses.

Masan's net revenues for fiscal year 2023 were up 2.7 per cent at VNĐ78.25 trillion (US$3.2 billion).

In the context of the fourth industrial revolution, intellectual property rights protection is a "hot" issue not only in Việt Nam but also in countries around the world.

Foreign investors returned to the market today as they net bought VNĐ182.35 billion on the two main exchanges.