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Shares fell slightly on Friday and liquidity dropped compared to the previous session, showing increasing investor caution about the market outlook.

The Ministry of Construction’s Inspectorate has completed inspections for five localities and found several violations related to the management and use of maintenance fees for condominiums.

There remains ample room for expanding bilateral cooperation between Việt Nam and Luxembourg in trade and investment amid the global financial turmoil, said the Minister of Industry and Trade.

The volatility and uncertainties of the stock market, lower liquidity and risk-off sentiment were attributed to the losses.

Vecom forecasts Việt Nam’s e-commerce market will increase by 25 per cent to US$20 billion by year end.

GDT would urge and speed up the implementation of electronic invoices with the tax agency’s code initiated from cash registers nationwide in the coming time, said Phạm Quang Toàn, head of the GDT’s IT Department.

The US remained the largest importer of Vietnamese goods, net importing around $24.4 billion in Q1/2023.

According to the Ministry of Finance, if VAT is reduced by 2 per cent for all goods and services within six months, the total tax reduction will be about VNĐ35 trillion (US$1.5 billion) in support of people and businesses to overcome difficult times.

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) opened the first trading session after a long holiday on a negative note.

The average electricity retail price was raised from VNĐ1,864.44 per kWh to VNĐ1,920.37 (excluding value-added tax), starting from Monday, which provided the basis to increase the retail prices of electricity for daily life and production.