As the central coastal province of Ninh Thuận shifted to more service industries, most of its 4,000 small businesses have been told to go digital.

Prime Minister Pham Minh Chinh on May 17 (local time) attended a Vietnam-US trade, investment and tourism promotion conference themed ‘Rediscovering Vietnam’ in San Francisco.

Benchmark indices were riding high on Tuesday as optimistic sentiment lifted stocks across the board.

Officials of the People’s Committee of Mekong Delta Can Tho city on May 16 had a working session with a delegation from the Korea - Asia Economic Cooperation Association (KOAECA) led by its chairman Lee Kim-kee, focusing on logistics and hi-tech agriculture cooperation in the time to come.

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Việt Nam, according to Virginia B. Foote, President of the Board of the US International Centre.

Vietnamese Prime Minister Pham Minh Chinh held a working session at the New York Stock Exchange (NYSE) on May 16 (local time) as part of his trip to the US.

Deputy Prime Minister Lê Minh Khái held a working session with eight cities and provinces in the Mekong Delta, focussing on supervision, mitigation and progress of public capital disbursement in 2022. 

The Việt Nam Blockchain Association was launched in the capital city on Tuesday, the first official legal entity specialising in the field of blockchain technology.

Prime Minister Phạm Minh Chính had a roundtable with CEOs from world-leading firms and investment funds listed on the New York Stock Exchange (NYSE) during a visit there on May 16.

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.

Prime Minister Phạm Minh Chính had a working session at the New York Stock Exchange (NYSE) on May 16 (local time) as part of the trip to the US.

With the price of a tael of gold in Việt Nam more than US$800 higher than in the rest of the world, local experts say the local regulation of gold prices is unsuitable.

Ho Chi Minh City wants to see more investment promotion activities from Austrian enterprises to tap on the sides’ cooperation potential, said Vice Chairman of the municipal People’s Committee Vo Van Hoan while receiving a business delegation from Austria on May 16.

While Việt Nam's economic recovery was gaining momentum, the government must pay more attention to "inflation and heightened risks of weaker global demand and supply disruptions to economic prospects", said a World Bank report on the South East Asian economy for May. 

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,160 VND/USD on May 17, unchanged from the previous day.

Prime Minister Phạm Minh Chính met with leaders of global investment firm Kohlberg Kravis Roberts (KKR) and Visa Group in New York, and held phone talks with the Deputy Managing Director of the International Monetary Fund (IMF) during his trip to the US.

The Regional Comprehensive Economic Partnership (RCEP), which entered into force on January 1, 2022, is expected to boost Vietnam’s export and improve its access to large consumer markets, according Standard Chartered Bank.

The latest interest rate hike by the US Federal Reversal (Fed) will weigh on the global economy, including Việt Nam, but experts expect impacts of the Fed’s move on the country will not be significant.

Members of the Việt Nam Automobile Manufacturers Association (VAMA) sold 42,359 autos in April, up 14 per cent on the month and 40 per cent on the year, according to a recent VAMA report.

Domestic purchasing power has rebounded after a strong decline caused by the COVID-19 pandemic. That rebound has facilitated businesses to step up production and seize new opportunities, experts have said.