The total disbursement of public investment reached 267.6 trillion VND (11.2 billion USD) as of the end of July, fulfilling only 35.49% of the plan set for 2023, but higher than the 34.47% recorded in the same period last year, according to the Ministry of Finance.

Vietnamese exporters have encountered many challenges due to rising inflation worldwide, the downward trend in commodity prices and the falling demand in many export markets. In such a difficult context, the firms are urged to diversify export markets besides traditional ones, experts have suggested.

The taxation sector’s total state budget revenue in the first seven months of 2023 was estimated at 868.6 trillion VND (36.6 billion USD), equal to 63.3% of the estimate, and 94.5% compared with that of the same period last year, the General Department of Taxation released on August 4.

Vietjet continues to pioneer launching direct flights between Ho Chi Minh City and Tiruchirappalli, ready to bring tourists comfortably to India's largest light festival season.

A conference to boost trade cooperation between Vietnam and Thailand as well as between Quang Tri and Thai localities was held in the central province of Quang Tri from August 3-4.

Negative impact of macroeconomic conditions have been eroding the confidence of both consumers and businesses, yet the Vietnamese retail market is still thriving with new and expanding distribution chains, according to experts.

The Ministry of Industry and Trade has submitted a report to the Prime Minister about options for a direct power purchase agreement mechanism (DPPA) between renewable power generators and large electricity users without going through Vietnam Electricity (EVN).

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.