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With VIFTA, bilateral trade with Israel is expected to rise to $3 billion soon, from $2.6 billion in 2022.

Prime Minister Phạm Minh Chính has ordered the State Bank of Việt Nam (SBV) and the Ministry of Finance to report the findings of an investigation into bancassurance operations by the end of July.

During the reviewed period, foreign investors pumped US$16.24 billion into the country, up 4.5 per cent year-on-year, the FIA said.

Both benchmark indices set another weekly gain last week, of which the VN-Index climbed 1.1 per cent and topped the key level of 1,200 points.

Samsung’s major projects in Việt Nam are concentrated in Bắc Ninh, Thái Nguyên, and HCM City, with total registered investment capital of nearly US$19.8 billion.

VinFast’s US factory project is the first electric vehicle manufacturing facility in North Carolina, as well as the largest economic development initiative in the state’s history.

Designer brands have joined HCM City’s promotion programme “Shopping Season”, taking place between August 25 and 27.

Masan Group Corporation (HOSE: MSN) has released its unaudited financial results for the first half of 2023, with net revenue reaching VNĐ37.3 trillion (US$1.5 billion), an increase of 3.6 per cent versus VNĐ36 trillion ($1.5 billion) in the same period last year.

Việt Nam’s luxury coastal real estate market is facing significant challenges due to excess inventory and liquidity issues, industry insiders said.

The project has a total preliminary cost of VNĐ1.17 trillion (US$79.4 million), plus compensation and resettlement support costs of VNĐ277.3 billion, and a total land area of about 218.96 ha.