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The event aimed to promote Việt Nam’s products and services, while fostering trade relationships with German companies.

The total revenue of the entire Petrovietnam for the first nine months is estimated at VNĐ643.2 trillion (US$26.8 billion), exceeding the 9-month plan by 26 per cent.

The race to lower deposit interest rates among banks is expected to continue until the end of 2023, according to analysts.

Việt Nam’s aggregate investment in foreign markets reached US$416.8 million, marking a 4.6 per cent increase compared to the same period last year.

4,407 Mercedes-Benz vehicles of more than 10 different models produced and assembled domestically and imported that must be recalled due to fuel pump errors.

The Vietnamese Government always considered public investment disbursement to be among key solutions to achieve the economic growth target in the short term and to develop a modern and synchronous infrastructure system to improve the competitiveness of the economy and attract investments in sustainable development.

As of the late September, about VNĐ49.6 trillion in taxes were exempted and reduced while around VNĐ102.9 trillion had their payment deadlines extended.

Savings interest rates at commercial banks continue to slide with rates for 12-month certificate of deposits at major banks plummeting to below 5.5 per cent per year, which is lower than during the pandemic period.

As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.

In the nine-month period, Việt Nam exported about 6.61 million tonnes of rice, equivalent to US$3.66 billion, an increase of 23.1 per cent in volume and 40.4 per cent in value compared to the same period last year, said Nguyễn Văn Việt, director of the ministry’s Planning Department.