The northern province of Hoa Binh introduced its potential and strengths as well as investment opportunities to British investors at an investment, trade and tourism promotion conference in London on October 11.

Despite a continued decrease in export turnover in the first eight months compared to the same period last year, the textile and garment industry has shown numerous signs of recovery and opportunities for stronger growth in the remaining months of 2023.

Many wood businesses have received orders for the remaining months of this year after the protracted logjam, sending rosy signs to the domestic timber industry.

Prime Minister Pham Minh Chinh affirmed that businesses and entrepreneurs play a crucial role in the cause of national construction and development when he chaired a hybrid meeting between permanent cabinet members and outstanding businesspeople in Hanoi on October 11.

Vietnam’s consumer price index (CPI) is projected to grow between 3.2% and 3.6% this year, the Ministry of Finance said at a meeting of the Steering Committee on Price Management in Hanoi on October 11.

Honda Vietnam on October 11 reported its increases of 24.3% and 78.5% in sales of motorbikes and automobiles, respectively, in September from the previous month.

The 3rd Vietnam International Aviation Expo opens in Ho Chi Minh City on October 11, featuring an exhibition and a series of symposiums on bringing about opportunities for partnerships, business expansion and investment.

Over 350 enterprises from more than 30 countries and territories joined Vietnam’s Premier International Feed, Livestock, Aquaculture & Meat Industry Show (Vietstock) Expo & Forum 2023 that opened at Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on October 11.

The Republic of Korea's Amkor Technology, Inc., a global semiconductor packaging and test service provider, inaugurated its factory in Bac Ninh province on October 11.

In the first nine months of this year, the total length of the North-South expressway put into operation exceeded 500km.

Retail prices of petrol were revised down on October 11 as from 4pm in the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Firms can borrow from the Small- and Medium-sized Enterprise (SME) Development Fund with a short-term interest rate of 1.2% per year and a long-term interest rate of 4.4% per year, effective from October 4, 2023, the Ministry of Planning and Investment announced.

After more than two months of operation of the trading platform for privately placed corporate bonds, another 56 corporate bond codes were registered to be traded on the system last month, with the transaction value doubling that of August, said the Hanoi Stock Exchange (HNX).

An exhibition of genuine products of prestigious brands along with their fake versions was opened in Hanoi on October 11 by the Vietnam Directorate of Market Surveillance (VDMS), with the aim of helping the public realise the difference between genuine and fake goods.

The northern province of Bac Ninh opened Kinh Duong Vuong Bridge, which has the highest steel arch in Vietnam at present, on October 11.

US President Joe Biden's visit to Vietnam last month seems to have ushered in a new era of expanded economic links between the two countries, said Japan’s Nikkei Asia, adding that a fourth boom of foreign investment in Vietnam may be in the making.

Price control work was effective in the first nine months of this year, with the average consumer price index (CPI) in the period up 3.16% year on year, leaving plenty of room to maintain stability in prices, said Deputy Prime Minister Le Minh Khai.

The Vietnam Cashew Association (Vinacas) has advised firms to pay attention to ensuring quality and food safety to avoid unnecessary export-related risks given growing overseas shipments of cashew nuts, which are forecast to soar in the final months of the year.

The European Chamber of Commerce in Vietnam (EuroCham) will keep close coordination with Vietnam to seize new opportunities and expand cooperation in important fields, its leaders said at a seminar held in Brussels on October 9.

Digital transformation is the most effective way to help businesses improve their capacity and competitiveness, and adapt to new trends and situations, according to Nguyen Duc Trung, Deputy Director of the Enterprise Development Department (EDD) at the Ministry of Planning and Investment (MPI).