A trade promotion event that connects South Korea’s fundamental industrial manufacturing enterprises (PPURI Industry) and Vietnamese importers will be held online during July 4-8 by the Korea Trade and Investment Promotion Agency (KOTRA).

Office real estate is thriving, with new Grade A buildings entering the Hanoi market at the end of the year, according to Savills Vietnam.

Textile and garment export turnover in the first six months of 2022 is estimated to increase 23% on-year to about 22 billion USD, reaching the highest level ever, according to the Vietnam Textile and Apparel Association.

Budget airline Vietjet Air on July 1 resumed its air route linking Hanoi and Busan, a beautiful coastal city in the Republic of Korea (RoK).

As moves are taken to the control credit flow into certain segments, while localities seek to tighten the land lot split, the real estate market could slow down, but experts remain divided on the risk of the bubble bursting.

Vietnam is hoping to attract more investment from the US, Europe and major global enterprises under a recently approved strategy on foreign investment cooperation.

As many countries in the world have limited food exports to guarantee domestic food security, rice – a staple in most of Asia – is forecast to witness surging prices in the time ahead, which is said to be a chance for Vietnam – one of the world’s largest rice exporters.

The social housing project Lotus Garden at Phú Mỹ District (Đồng Tháp Province) has not been granted a construction permit by the provincial authority, yet the project was still putting apartments up for sale.

Shares rebounded on Friday, aided by gains in the group of securities stocks and large-cap stocks.

The demand for textiles and garments will tend to decrease due to the overbought of consumers in 2021, while high inflation is cutting people's spending on unnecessary products. 

Office real estate is thriving, with new Grade A buildings entering the Hà Nội market at the end of the year, according to Savills Vietnam.

Vietnamese airlines are suffering losses amounting to hundreds of billions of dong each month due to a surge in fuel prices, according to the director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.

Many manufacturers in the global supply chain of major firms are gradually focusing on Vietnam.

The Vietnamese Goods Week 2022 is taking place at over 350 supermarkets and stores run by retail giant AEON across Japan and on its website until June 3.

Fresh lychee, which is in season now in northern Vietnam, has returned to in-flight meals on Vietnam Airlines after a hiatus due to the COVID-19 pandemic.

Prudential plc executives called on National Assembly Chairman Vương Đình Huệ and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese government’s priorities and the role of insurers in increasing financial inclusion in the country.

Petrol prices were adjusted down from 3pm on July 1 by the Ministries of Industry and Trade, and Finance, after seven consecutive increases.

Though Vietnam is said to have certain advantages, to maintain sustained success, the country should be a diligent student of not only the upsides, but also the lessons learnt of other countries, said Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of Landesbank Baden Wuerttemberg (LBBW).

Tan Long Group JSC, in collaboration with Kiraboshi Bank, held a ceremony in Tokyo on June 30 to introduce ST25 rice, which was named the world’s best rice in 2019, to the Japanese market.

Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.