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Businesses need to be cautious about new information and contact import-export management authorities to avoid international trade fraud.

VPS Securities Joint Stock Company remained the top stock brokerage last quarter with a 19.9 per cent market share, with SSI Securities Corporation a distant second with 9.78 per cent, according to data released by the HCM Stock Exchange.

The Vietnamese stock market increased on Monday in line with the short-term uptrend, while foreign investors continued the net selling. 

As the domestic economy is forecast to continue facing numerous difficulties and challenges together with complicated global economic developments, Prime Minister Phạm Minh Chính asks the central bank to keep a close watch, and raise monetary policies promptly, proactively and flexibly.

Despite challenges, the group was able to achieve a total import-export turnover of $675 million, with exports reaching $465 million or 90 per cent of the year’s plan.

VinFast and the State Government will work toward a total investment of up to US$2 billion, with an intended commitment of $500 million for the first phase of the Project, spanning five years from the commencement date. This move indicates a significant step in VinFast’s expansion into the world’s third-largest vehicle market.

Expanding customer bases and diversifying products are the necessary solutions to maintain production and grow businesses, experts say.

Despite a sluggish period in 2023, dealmakers are anticipated to be driven by several factors that will stimulate transaction activity next year.

Experts say Việt Nam’s industrialisation and modernisation strategy for the 2021-2030 period, with a vision to 2045, needs to adapt to rapidly changing domestic and international contexts.

Domestic consumption is one among three drivers for growth, besides investment and export, and is the only pillar which finished the target last year with the total retail sales of goods and services rising by 9.6 per cent.