Banks have been promoting a target of diversifying income sources to reduce dependence on credit.

It's high time Việt Nam establishes modern oil and gas laws and regulations to strengthen the State's management of these key resources, attract investors and improve the country's investment environment, Minister of Industry and Trade Nguyễn Hồng Diên told National Assembly deputies yesterday in Hà Nội.

Vietnam is believed to have much room for exporting coffee to Japan, whose hot coffee market is forecast to grow 4.2 percent during 2020 - 2025, according to Cong Thuong (Industry & Trade) newspaper.

The southern province of Kien Giang posted a 7-percent increase year-on-year in export revenue for the first five months of this year.

The Republic of Korea (RoK)’s International Trade Association (KITA) and the Seoul-based Convention and Exhibition Centre (COEX) have said they will resume overseas exhibitions after an almost-three-year hiatus caused by the COVID-19 pandemic.

Ambassador Nguyen Van Thao, Permanent Representative of Vietnam to the EU, has met with EU Commissioner for Agriculture Janusz Wojciechowski to discuss ways for fostering agricultural cooperation between the two sides.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,069 VND/USD on June 3, up 3 VND from the previous day.

Inflation control is one of Việt Nam’s urgent tasks, given the country’s deep integration in the world economy and its dependence on material imports, Minister of Finance Hồ Đức Phớc said at the 15th-tenure National Assembly’s third session meeting on Thursday.

Việt Nam saw strong growth in its revenue from retail sales of goods and services in May 2022 due to an increase in tourism demand after the pandemic is bascially under control and the 31st SEA Games was successfully held in the country in mid-May.

Energy import independent countries like Việt Nam will be badly hurt by soaring prices of coal and crude oil in the international market. Therefore, in reaching net-zero emission by 2050, the reliance on fuel imports in the country will greatly reduce, according to the 2021 Việt Nam Energy Outlook report released on Thursday.

Banks have been promoting a target of diversifying income sources to reduce dependence on credit.  

Social housing projects that developers were hesitant to invest in due to capped profit suddenly gained traction as giant developers recently announced plans to step into the segment.

Risk aversion dominated markets on Thursday as stocks across all sectors witnessed a strong sell-off.

The Department of Enterprise Development under the Ministry of Planning and Investment, has launched a business information portal to provide information and support services for businesses in Việt Nam, especially small and medium enterprises.

Many banks have recently announced they will issue a large number of shares under the employee stock ownership plans (ESOP) to retain good employees and increase capital.

It is urgent to reinforce transmission capacity over the next decade to connect renewable energy supplies in the south with energy demand in the north, said Director of the Danish Energy Agency (DEA)’s Global Cooperation Centre Ulrik Eversbusch at the launch of Vietnam Energy Outlook Report 2021 in Hanoi on June 2.

Vietnam should focus on Malaysia for exports, especially food and beverages, during the post-pandemic economic recovery, heard a workshop held in Ho Chi Minh City on June 2.

The Department of Enterprise Development, under the Ministry of Planning and Investment, has launched a business information portal to provide information and support services for businesses in Vietnam, especially small and medium enterprises.

ABB debuted its 6 million USD state-of-the-art manufacturing hub for electrical distribution solutions in the northern province of Bac Ninh, 25km from Hanoi, on June 1.

The local authority in the border province Lạng Sơn has set up several COVID-19-free zones in an attempt to ensure the flow of goods across the Việt Nam-China border stays efficient and uninterrupted.