Hanoi recorded a slight year-on-year decrease of 1.3% in exports to 5.3 billion USD in the first four months of 2023, according to its Department of Industry and Trade.

The capital city of Hanoi targets to build nearly 7 million sq.m of housing this year, in order to raise the per capita housing area to 28.2 sq.m.

Thanh Cong Group on May 11 announced its sales results for April with over 4,590 Hyundai automobiles sold last month, down 20.45% over March.

The Ho Chi Minh City Economic Forum (HEF) 2023 will be held from September 13-17 under the theme “Green growth - the journey to zero emissions,” the municipal People’s Committee announced at a press conference on May 11.

A delegation of officials from Cuba had a working session with representatives of the Hai Phong Economic Zone Authority (HEZA) on May 11 on the occasion of their trip to the northern port city of Hai Phong.

Petrol prices continued to be revised down from 3pm on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.

Revenue from information and communications services reached 1.13 quadrillion VND (47.6 billion USD) in the first four months of 2023, representing 27% of the annual target, figures from the Ministry of Information and Communications (MIC) show.

Wind and solar power investors continued to voice their grievances over difficulties in price negotiations and extending project deadlines with the Power Trading Company (EVNEPTC), a subsidiary of Vietnam Electricity (EVN), the sole power distributor in the market.

The trade union of the Vietnam Oil and Gas Group (PetroVietnam) held a ceremony in the southern province of Ba Ria-Vung Tau on May 10 to launch the Workers’ Month, the Action Month for labour safety and hygiene, and an emulation campaign aimed at overfulfilling the 2023 plan.

Hanoi capital city is aiming to lead the nation during the industrialisation and modernisation process.

Foreign investors still put their trust in the Vietnamese economy, but it is important to take measures for sustaining the upward trend in foreign direct investment (FDI), an expert has said.

The State Bank of Vietnam set the daily reference exchange rate at 23,632 VND/USD on May 11, up 2 VND from the previous day.

There had been 1,643 Vietnamese-invested valid projects in foreign countries with a total capital of 21.93 billion USD as of late April, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Minister of Information and Communications Nguyen Manh Hung and his Indonesian counterpart Johnny G. Plate on May 10 agreed to promote cooperation between agencies and businesses of Vietnam and Indonesia in information and communications.

Despite oil price declines, the Vietnam Oil and Gas Group (Petrovietnam) posted 18.2 trillion VND (775.5 million USD) in consolidated pre-tax profit in the first four months of 2023, surging 77% from its target for the period and equivalent to 52% of this year’s plan.

Amid the fluctuation of the global financial market, the exchange rate in Vietnam has remained stable in the first four months of this year, and the Vietnam dong has been considered one of the most stable currencies in Asia, according to experts.

Moody’s Investor Service has forecast that Vietnam’s forex reserves excluding gold will rebound to 95 billion USD by the end of the year as the State Bank of Vietnam rebuilds its stockpile.

Jubilantly welcoming the summer vibes, Vietjet has launched the year’s biggest promotion party with 1 million tickets from only 0 VND, gifting free 100,000 VND e-Vouchers and points on the loyalty program SkyJoy, pampering passengers with quality services, many choices of ticket classes which including hot meals and luggages, together with many attractive performances in flights and the return of

Demand for gold in Vietnam fell by 12% year-on-year in the first quarter to 17.2 tonnes, according to the latest Gold Demand Trends report from the World Gold Council.

Vietnam’s durian exports are expected to see a boom in the time ahead when the durian harvest season reaches its peak, according to the Ministry of Agriculture and Rural Development.