Hanoi’s real estate market in the fourth quarter of 2022 saw a better performance in the serviced apartment segment than in apartments sales, according to the Savills’ report on the Hanoi property market released on January 10.

Despite impacts caused by COVID-19 pandemic and natural disasters in two years, two-way trade between Vietnam and Laos has regained its growth momentum, with the visit of Prime Minister Pham Minh Chinh and the 45th meeting of the Vietnam-Laos Inter-Governmental Committee expected to help promote sustainable development of bilateral ties.

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.

Vietnam will continue to be one of the fastest growing mid-range economies with an economic expansion of around 6% in 2023, according to Andrew Huntley, Senior Managing Director at BDA Partners, a London-based investment banking advisor for Asia.

Vietnam is emerging as a major importer of powdered milk from the Republic of Korea (RoK) that is facing low birth rate.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,604 VND/USD on January 11, up 1 VND from the previous day.

A leader of southern province of Binh Duong has hailed the effective investment of Tokyu corporation of Japan in urban development in the province and suggested the corporation also invest in transport infrastructure.

Vietnam’s Finance Ministry will continue to create favourable conditions for foreign direct investment (FDI) companies to operate effectively and sustainably in the country, Finance Minister Ho Duc Phoc said on January 10 when meeting Samsung Electronics President and Chief Financial Officer Park Hark-kyu.

Vietnam posted an all-time high import of automobiles with 173,467 units valued at 3.84 billion USD last year, surpassing the previous record of about 160,000 units in 2021, reported the General Department of Vietnam Customs.

A workshop discussing measures to promote business cooperation between Vietnam and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) of China was held in Hanoi on January 10.

The VinFast Trading and Service Limited Liability Company, a subsidiary automaker of Vietnamese conglomerate Vingroup, handed over 4,278 electric vehicles (EVs) to its customers last December, seven times higher than that of the previous month.

The State Capital Investment Corporation (SCIC) on January 10 reported that its after-tax profit in 2022 reached over 6.83 trillion VND (291.5 million USD), 91% higher than the yearly plan.

Vietnam is now considered a highly potential market for businesses from the Republic of Korea (RoK) which have dominated some sectors in the Southeast Asian nation.

Vietnam should maintain high quality of its farm produce, especially longan, to clinch its position in the Japanese market, according to Vietnamese Trade Councillor in Japan Ta Duc Minh.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,603 VND/USD on January 10, down 2 VND from the previous day.

Eearable Neuroscience launched its highly-anticipated FRENZ Brainband at the 2023 Consumer Electronics Show (CES) in Las Vegas on January 7 (Vietnam time).

Vietnam Airlines has been ranked one of the top 10 Vietnamese brands in 2022, revealed a report by the Vietnam Report.

Ho Chi Minh City received some 6.8 billion USD in remittances last year, only a slight decrease compared to 2021 and accounting for 48% of foreign currency deposits at its credit institutions.

The Ministry of Industry and Trade has asked the Ministry of Sciences and Technology to develop and issue standards and regulations on the design, installation, and operation of electric vehicle charging stations as early as possible.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,605 VND/USD on January 9, unchanged from the last working day of previous week (January 6).