Vietnam is gradually shifting to a digital economy in which cross-border trading is becoming the core factor, an official from the Ministry of Planning and Investment (MPI) told a webinar on e-commerce held on March 22.

Vietnam's strategic financial objectives in the 2021-30 period aim to reach a balance between achieving sustainable finance and major socio-economic developmental goals.

The National Innovative Entrepreneurship Day (Techfest Vietnam 2022) was launched on March 22, aiming to promote innovative solutions from start-ups amid the strong technology development, attracting resources from domestic experts, intellectuals, entrepreneurs and overseas Vietnamese.

A virtual trade promotion and cooperation conference for businesses of Vietnam and Mexico will be held on March 23-24.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,147 VND/USD on March 23, up 4 VND from the previous day.

Việt Nam's strategic financial objectives in the 2021-30 periods aim to reach a balance between achieving sustainable finance and major socio-economic developmental goals.

Domestic enterprises need to increase their initiative in seizing incentives in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to optimise the deal, experts said.

Prices of construction materials like iron and steel, cement, stone, and sand have increased relentlessly since the beginning of this year due to a surge in demand caused by the peak construction period being delayed by COVID-19 from February-April last year.

Việt Nam is targeting US$20 billion in total timber exports by 2025, an increase of more than $9 billion compared to now.

Named FUNDGO, the fund is the first of it kind in the city to support and invest in start-ups. It is established by the city-based TRUSTpay Joint Stock Co. 

Vietnamese markets extended gains and ended higher on Tuesday, thanks largely to sharp rises in banking, securities, oil and fertiliser shares.

Bamboo Airway’s direct air route linking Vietnam and the UK was officially launched on March 22 with a flight departing from Hanoi’s Noi Bai international airport to London.

The Vietnam Chamber of Commerce and Industry (VCCI) and the International Organisation of La Francophonie (OIF) held a Francophone business forum in Ho Chi Minh City on March 22.

Some 50,000 vehicles per year is the minimum production level needed for the growth of the Vietnamese auto part industry. Unfortunately, few car producers in Vietnam have reached such a level.

Vietnam aims to be in the top 10 deep processing centres of the world by 2030. However, experts say if the Government’s solutions and policies are not implemented synchronously, this goal will be challenging.

The People’s Committee of the southern province of Binh Duong held a dialogue with businesses from the Netherlands on March 22.

Vietnam Competition and Consumer Authority (VCCA) and Japan International Cooperation Agency recently conducted a survey on small and medium firms to assess their awareness of Competition Law.

Vietnam always wishes to be a long-term and stable rice supplier for Sierra Leone as its domestic production has not yet met the demand, Minister of Industry and Trade Nguyen Hong Dien said at a recent meeting with Sierra Leone’s counterpart Edward Hinga Sandy.

Vietnamese and Lao businesses discussed ways to speed up the implementation of large-scale Vietnamese-invested projects in Laos and seek new cooperation projects of strategic importance during a workshop in Vientiane on Monday.

Vietnam is looking forward to Malaysia’s support to develop Halal food industry, contributing to lifting the bilateral trade to 18 billion USD by 2025, Ministry of Industry and Trade Nguyen Hong Dien told his Malaysian counterpart Mohamed Azmin Ali during their recent meeting in Hanoi.