Trung Nguyen Legend Corporation, part of the well-known Vietnamese coffee maker Trung Nguyen Group, officially opened its representative office in Gangnam district, the Republic of Korea (RoK)’s Seoul capital on March 28.

Vietravel Airlines, which began operations in late 2020, welcomed its first charter flight from the Republic of Korea (RoK)’s Daegu city to the south central province of Khanh Hoa at Cam Ranh international airport on March 28.

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%. ​

Green credit growth in Vietnam has remained limited due to the lack of a clear legal framework, according to industry insiders.

The consumer price index (CPI) in the first quarter of 2023 is estimated to rise 4.2-2.3% year on year, according to the Price Management Department under the Ministry of Finance.

Although Vietnam always eyes to attract investors from US and Europe, intra-ASEAN investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.

The northern province of Bac Ninh has set a target of becoming a centrally-run city and a model of smart city by 2030.

Prime Minister Pham Minh Chinh has just signed a document requesting more efforts to promote the development of and remove obstacles to the real estate market.

The State Bank of Vietnam set the daily reference exchange rate at 23,605 VND/USD on March 28, up 3 VND from the previous day.

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

Low-cost carrier Vietjet offers the greatest party of 2 million zero dong Eco tickets to fly across its flight network and opportunities to experience SkyBoss, SkyBoss Business with a 50% off promotion, together with many attractive gifts and accumulating unlimited SkyJoy loyalty points.

In the hope of making contributions to the growth of a clean and high-value agricultural sector, the Vietnam Bank for Agriculture and Rural Development (Agribank) has taken an active role in providing capital, consultations and other support to farmers in promoting technology. This move is seen as crucial for the sector to develop in a sustainable and effective direction.

The Mekong Delta province of Tra Vinh is encouraging farmers to grow more organic coconuts to increase the value of the produce.

Vietnam is heading toward green growth with various industries involved, generating great demand for green jobs and green skills in the labour market, according to the recruitment, staffing and outsourcing company ManpowerGroup Vietnam.

Vietnamese lender VPBank on March 27 signed an agreement to sell its 15% stake to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through a private placement.

Foreign direct investment in the southern province of Dong Nai surpassed 500 million USD in the first quarter this year, nearly tripling that in the same period last year, according to the management board of the provincial industrial parks.

Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.

Relevant departments and sectors of Hanoi have paid special heed to promoting trade promotion activities for products of the One Commune One Product (OCOP) programme, with the goal of building trademarks for such products and increasing consumers' awareness of them.

Long Son JSC, one of Vietnam’s leading cashew nut processors and exporters, is stepping up intensive processing to boost exports of processed nuts.