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Thirty-two businesses on Sunday (January 14) were honoured with the HCM City Golden Brand Award 2023 for their exceptional dedication to building and developing brands for their products and services. 

Petrovietnam has aimed for higher targets in 2024 to ensure continuous growth and sustainable development.

The forum’s target is to create a platform that not only helps improve mutual understanding but also promotes deep interactions and innovation partnership between Việt Nam and Switzerland.

Trading through commodity exchanges would help mitigate risks for both buyers and sellers and create fair, competitive prices for Vietnamese agricultural products as well as prevent the recurring crashing of prices when farmers have bumper crops, speakers told a seminar in HCM City last week.

Phan Minh Thông, General Director of Phúc Sinh JSC, said the fund would not participate in operating the business but simply provide financial support. This has been the first time the company received foreign investment in 22 years of operation. The deal was completed after 18 months of negotiation.

With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6 per cent in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion.

2023 marked a significant milestone for the forestry sector as Việt Nam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million, said Deputy Minister of Agriculture and Rural Development Nguyễn Quốc Trị.

According to the Vietnam Steel Association (VSA), steel sales in November and December 2023 reached the highest levels in 20 months with growth between 20-40 per cent for different products.

On Friday, the benchmark VN-Index experienced a decline of 0.65 per cent, closing at 1,154.70 points. Throughout the past week, the average trading volume on the southern exchange stood at 90.5 million shares per session, with a total value of VNĐ1.8 trillion (US$73 million).

HCM City’s Department of Industry and Trade will deploy a number of measures to enable it to always stay ahead of trends, helping the city maintain its role as the economic locomotive and take the lead in innovation in the country, according to the Department.