Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 23,800 vehicles in June, up 15% from the previous month, VAMA announced on July 12.

Luc Ngan lychees from the northern province of Bac Giang were officially put up for sale at Central Retail’s Tops Food Hall supermarket at CentralwOrld shopping centre in Bangkok, Thailand, on July 12.

A 120 trillion VND (5.08 billion USD) package in preferential lending rates for social housing developments started to see first disbursement, a positive signal after the development of affordable homes had been in stagnation partly due to a shortage of capital for several years.

The Ministry of Industry and Trade on July 12 issued a conclusion on the management and operation of electrict supply of the Vietnam Electricity (EVN) and relevant units.

Deputy State Auditor General Dang The Vinh had a meeting with Malaysian Auditor-General Datuk Wan Suraya Wan Mohd Radzi in Putrajaya on July 11, as part of a working trip to Malaysia on July 9-12.

The transport sector carried over 2.17 billion passengers in the first half of 2023, up 15.9% year-on-year, heard a conference hosted by the Ministry of Transport in Hanoi on July 10.

The State Bank of Vietnam set the daily reference exchange rate at 23,772 VND/USD on July 12, down 15 VND from the previous day.

Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the third quarter of 2023 and 12.5% for the whole year, according to a survey of the State Bank of Vietnam (SBV).

A delegation of pharmaceutical companies from the Republic of Korea (RoK) has visited Vietnam to seek chances for strengthening business partnerships, according to the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA).

Samsung Engineering of the Republic of Korea (RoK) wants to provide environment solutions to the Mekong Delta province of Long An, the company’s Executive Vice President Han Sangdeog said at a meeting with Long An officials on July 10.

The retail prices of RON 95 petrol and all oil products increased in the latest adjustment on July 11 by the Ministry of Industry and Trade and the Ministry of Finance.

Experts gave recommendations to restore aggregate demand and promote growth in the new context at the mid-year macro-economic roundtable in Hanoi on July 11.

Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.

Hanaka Group JSC has commenced construction of the first eco-industrial park in the northern province of Bac Ninh.

Although the Environmental Producer Responsibility (EPR) scheme could create an incentive for the phase-out of eco-unfriendly and non-recyclable packaging in the long term, it would shift the heavy financial burden for end-of-life waste management from municipalities to producers and importers.

The Ministry of Industry and Trade (MoIT) has released a draft of the Prime Minister's decision on the structure of retail electricity tariffs for public feedback. The draft proposes a new pricing scheme based on a percentage of the average retail price of electricity for different groups of users.

The impacts of the imposition or increases of special consumption tax on several products must be studied carefully to ensure State budget revenue and the development of production and business, experts said.

The UK-based Financial Times has posted an article in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.

The State Bank of Vietnam set the daily reference exchange rate at 23,787 VND/USD on July 11, down 23 VND from the last previous day.

The Ministry of Finance (MoF) has just announced the reduction of the gasoline import tax to 5.62% while increasing the standard cost of the gasoline base price by 30 VND per litre.