This initiative aligns with the goals of the National Digital Transformation Programme until 2025, with a vision to 2030, aiming to propel Vietnam towards a digital economy and society.

April exports were estimated at $30.94 billion, up 10.6 per cent over the same period last year, pushing the total results in the first four months of this year to $123.64 billion, a year-on-year rise of 15 per cent.

According to the report, foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion. 

The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.  

In Q1, Vietjet’s air transport revenue was recorded at VNĐ17.76 trillion (US$701 million) while after-tax profit at VNĐ520 billion ($20.5 million), increasing by 38 per cent and 209 per cent year-on-year respectively.

Tax administration data shows that revenue from e-commerce business activities amounted to VNĐ3.1 quadrillion (US$130.57 billion) in 2022, with taxes paid totalling VNĐ83 trillion.

The consumer price index (CPI) in April inched up 0.07 per cent from the previous month and 4.4 per cent year on year, mainly fueled by a petroleum price hike, the General Statistics Office (GSO) said on April 29.

Since the national reunification on April 30, 1975, Việt Nam has obtained admirable economic achievements and is now on its way to become the 20th largest economy in the world.

In order to cater to the shopping demands during the April 30 and May 1 holidays, supermarkets in Hà Nội have introduced a variety of promotions and discounts. Some supermarkets have even extended their operating hours until 11pm.

Lotte Mall West Lake Hà Nội, invested by the Republic of Korea (RoK)’s Lotte Group, welcomed 6 million visitors from its inauguration in September, 2023 to late March, the RoK’s Dong-a Ilbo newspaper reported.

Local rubber tire producer, Đà Nẵng Rubber joint-stock Corporation and  Oceanside One Trading company from Brazil have inked an agreement on rubber tire distribution contract in Brazil and the US market, promising an increase in export turn-over from US$70 million to US$150 million per year.

Ninh Thuận Province wants to develop green hydrogen production and work with investors to facilitate renewable energy development.

The Asian Development Bank (ADB) committed US$23.6 billion from its own resources in 2023, including $9.8 billion for climate action, to help Asia and the Pacific progress on sustainable development.

Completing these social housing projects will solve many problems, including the imbalance among housing segments

A recent report on plastic wastes from e-commerce by Việt Nam E-Commerce Association pointed out that e-commerce is growing rapidly with an average annual growth rate of more than 25 per cent, resulting in an increase in the use of plastic packaging which are negatively affecting the environment.

According to the Trade Promotion Agency, the Central Highlands region, embracing five provinces of Kon Tum, Gia Lai, Đắk Lắk, Đắk Nông and Lâm Đồng, is an important strategic area in the Laos – Việt Nam – Cambodia development triangle area.

Shareholders also approved the 2024 profit distribution plan, in which dividends and advanced dividends will be paid in cash and stock at a maximum ratio of 25 per cent.

The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has announced an ambitious pre-tax profit target of VNĐ15.85 trillion (US$634.13 million) for 2024, a 21.8 per cent increase from the previous year, at its annual general meeting on Friday.

Statistics reveal that there are over 5,720 OCOP entities with 978 products achieving 4-star, with 62 per cent benefiting from IP protection.

Việt Nam exported a total of 414,317 tonnes of rubber, earning over US$607 million in the first quarter of 2024, according to the General Department of Customs.

Hoà Bình Construction Group Joint Stock Company (HBC)’s General Meeting of Shareholders approved a plan to issue 274 million individual shares in order to increase charter capital and swap debt, with a maximum total additional issuance value of VNĐ3.14 trillion.

The Ministry of Industry and Trade organised a conference in Cần Thơ City on Friday to assess Việt Nam’s rice exports in 2023 and the first quarter of 2024, and guide the country’s rice exports for the year.

Shareholders of Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) approved a pre-tax profit target of VNĐ10.6 trillion (US$418.3 million) for this year, a 10 per cent increase from 2023.

PAN Group set a net revenue of VNĐ14.7 trillion (US$580.6 million) in 2024 and after-tax profit of VNĐ882 billion, posting 12 and 8 per cent year-on-year increases.

Việt Nam has set the target for cassava export at around US$2 billion in 2030 under the project on promoting the sustainable development of the cassava industry recently approved by the Ministry of Agriculture and Rural Development.

Bottom-fishing force was strong enough to push the VN-Index higher.  

Four platforms, Shopee, TikTok Shop, Lazada, and Tiki, generated a total GMV of VNĐ79.12 trillion, selling 768.44 million units.

Registrations for the annual PropertyGuru Vietnam Property Awards opened on April 25, the organiser announced on Thursday.

The General Meeting of Shareholders on Thursday of Vingroup approved the 2024 business plan, with record revenue of VNĐ200 trillion and profit after tax of VNĐ4.5 trillion, up by 23.7 per cent and profit by 119 per cent against 2023.

According to Moody’s, VPBank’s capitalisation improved significantly following its completion of the private placement of 15 per cent equity stake sale to Japan SMBC last year.

The upcoming conference will gather nearly 1,000 delegates and entrepreneurs from the South Central and Central Highlands regions and other localities nationwide. 

The plan stipulates that funding for energy projects will be sourced from avenues other than public investment funds.

Beauty, household and women’s fashion are among top industries in terms of revenue and sales volume on e-commerce platforms.

There are a number of bottlenecks in the restructuring of agricultural and forestry enterprises, causing slow progress and low efficiency.

Without strict management and failure to comply with global taxing principles, virtual assets transactions could pose great challenges for Việt Nam in the coming time.

Cybercriminals are becoming increasingly sophisticated in their ability to bypass firewalls, causing a lot of damage to businesses.

Simexco Daklak has shown strong commitment to sustainable coffee production, contributing to environmental protection and increasing the value of Đắk Lắk coffee products in the international arena.

What sets this village apart is its steaming natural hot mineral springs, which add a unique feature to its already captivating charm.

The workshop on collaboration in green growth projects between Korean enterprises and Đồng Nai Province, with the participation of about 50 Korean businesses interested in green growth.

Hội An has been preserving heritage for decades, it still keeps the ancient value as a key foundation for sustainable growth in the new wave of development.

Việt Nam’s aquatic exports to Singapore reached over S$24 million (US$17.64 million) during January – March, gaining a market share of 8.58 per cent.

A number of solutions have been implemented to enhance the tax management on e-commerce, including the

Li Chuan seafood rolls, Bibigo’s Mandu and Mini Mandu dim sum prawns failed to list eggs among their ingredients on their labels, which can cause allergic reactions to a small population of consumers.

The KRX system has not undergone a comprehensive acceptance review involving investors, contractors and beneficiary units.

This achievement highlights Amway’s continued success and its position as a global leader in the health and beauty sector.

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.

Further delay in the issuance of the direct power purchase agreement will affect the foreign investment attraction of Việt Nam.

Awaiting a final decision from the South Korea, Vietnamese enterprises have concerns over a potential higher anti-dumping duty in South Korea on plywood imports from Việt Nam.

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.

Vietnamese shares reversed course to end lower on Thursday as large-cap stocks in a series of industries suffered selling pressure, especially banking, securities and energy.

The 9th International Livestock, Dairy, Meat Processing and Aquaculture Exposition will take place from May 29 to 31 in HCM City.

A meeting took place in the Mekong Delta province of Trà Vinh on April 25 to introduce the project “Smart Agro-ecological Transformation of Farming Systems towards Resilience and Sustainability in Middle and Coastal Zones of the Vietnam Mekong Delta (STAR-FARM)”.

The President and CEO of NVIDIA had two working visits to Việt Nam within four months, reflecting the investment expectation of the group as well as commitment to co-operation and human resources training in the AI and semiconductor industry between Việt Nam and NVIDIA.

The Vietnam Online Business Forum 2024, themed “Sustainable E-Commerce”, kicked off in Hà Nội on April 25.

Leveraging market insights and mindful of global and Việt Nam’s economic forecasts, SABECO has outlined ambitious growth objectives for 2024, while pushing on commercial excellence, production efficiency and promoting Environment, Social and Governance (ESG).

Masan is striving towards having more of its products in every Vietnamese household and at least one product in every household globally, its annual general meeting heard in HCM City on April 25.

On the journey to reduce net emissions to zero by 2050, Việt Nam aims to reduce methane emissions by 30 per cent by 2030 compared to 2020.

This conference is an opportunity for state management agencies and businesses to find advantages, expose barriers and identify possible solutions in trade promotion and import-export activities this year and in coming years, especially for potential and key products of the Central Highlands.

Because there was only one bidder who submitted a tender.

Because there was only one bidder who submitted a tender.

A ceremony to announce the list of the top 500 fastest growing enterprises in Việt Nam (FAST500) and Top 5 and Top 10 real estate – construction – building materials companies in 2024 was held by the Vietnam Report JSC in collaboration with VietNamNet newspaper on Wednesday.

The Asia – African Market Department under the Ministry of Industry and Trade on Wednesday sent a warning about signs of frauds related to shipments imported from the United Arab Emirates (UAE).

HALCERT, operating under QUACERT, will oversee certification activities and facilitate discussions, training and international cooperation in the Halal sector.

Food & Hotel Asia (FHA) 2024 is taking place in Singapore from April 23-26.

The move was made as the settlement progress of specially controlled credit institutions has been slow.

Hà Nội is striving to develop many private economic models by the end of 2025, and improve business quality and efficiency of innovative enterprises.

Techcombank has successfully concluded its fourth offshore syndicated loan with a total of 15 banks participating and providing a strong oversubscription of the US$200 million facility.

Deputy Minister of Finance Nguyễn Đức Chi said with the global economy still struggling to find a path to recovery and geopolitical tensions on the rise in hotspots around the world, the prices of commodities, energy and gold will likely see strong fluctuations in the near future. 

In addition to traditional distribution channels, through e-commerce initiatives, local products, especially One Commune One Product (OCOP), gain faster and more effective exposure to consumers nationwide compared to traditional channels, which is particularly beneficial for newly established firms.

HCM City could issue bonds for overseas Vietnamese to buy to fund the city’s infrastructure projects, a conference on channeling remittance into infrastructure heard.

Vietnamese steel giant Hòa Phát Group has announced that BSI – the UK’s leading international certification organisation – certified ISO 14064-1:2018 standard and ISO 14067:2018 on greenhouse gas inventory for steel products of its subsidiary – Hòa Phát Dung Quất Steel JSC.

Another bidding session for 16,800 taels of gold bullion will be held today, the State Bank of Việt Nam said in a statement.

AI will continue to revolutionise the e-commerce industry, providing businesses with the ability to predict consumer behaviour and make informed decisions that drive sales, speakers said at a meeting on Wednesday in HCM City.

Lao Minister of Industry and Commerce Malaithong Kommasith on Wednesday led a delegation to FSI Investment and Trading Technology Development JSC (FSI) to explore Make in Vietnam technology solutions that could support Laos’ digital transformation in the logistics sector and, consequently, propel economic and trade co-operation between the two countries.

The bank proposes the Government allow rescheduling of debt payment and the maintenance of debt groups until December 31, 2024. That will help customers facing difficulties in all industries and sectors, including the collective economic sector.

The State Securities Commission of Việt Nam (SSC) on Wednesday held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.

More than 20,000 export-ready products are on display at the 2024 Global Sourcing Fair Vietnam that opened in HCM City on Wednesday.

While BVSC does not currently implement zero fees, it will need to adjust its fees to align with the competitive trends in the market. This adjustment is expected to affect Bảo Việt Securities’ revenue target for 2024.

The booking rates on flights from Hà Nội and HCM City to localities had mostly reached over 75 per cent on the first day of the official holiday, April 27.

The projections for the third phase of the Đại Hùng project are ambitious, foreseeing an oil recovery production of 22 million barrels and 21.4 billion cubic feet of gas, with an expected peak oil flow of approximately 9,000 barrels per day.

The breadth of the market backed to the positive territory as 301 stocks inched up and 53 declined. Liquidity extended gains, with the trading value up 13.1 per cent to over VNĐ19.8 trillion (US$780.7 million). 

The CEO Group has officially put the Wyndham Garden Sonasea Vân Đồn Resort within the Sonasea Vân Đồn Harbour City Complex into operation, marking a new pinnacle of luxury in north-eastern Quảng Ninh Province.

Participants from 15 countries in the Asia-Pacific region have gathered for an AI workshop in HCM City from April 22-24 to discuss AI development and policies, hear from global experts and explore case studies and best practices relevant to the region.

The two sides have discussed investment opportunities in logistics, trade, digital transformation, smart border gates and other potential fields.

Vinacomin announced it is mobilising all necessary resources to undertake two exploration projects and five bauxite-alumina-aluminum projects Đắk Nông Province.

Mining Vietnam 2024 officially starts today (April 24) at the National Exhibition Construction Center (NECC) in Hà Nội.

Standard Chartered Bank has lowered Việt Nam’s 2024 GDP growth forecast to 6 per cent from the previous 6.7 per cent due to lower-than-expected Q1 growth and global trade headwinds.  

The province has a majestic and poetic nature, heroic history, unique culture, and fresh climate, and is the quintessence of the northwestern region.

A major challenge in PPA negotiations involves the requirement for fixed electricity consumption rates in long-term contracts.

Recently, the pepper prices have skyrocketed. Experts said this price increase is related to the strong increase in coffee prices in the past months.

After experiencing downturns in 2023, Việt Nam’s economy has been showing signs of recovery during the first quarter of 2024.

HCM City could issue bonds for overseas Vietnamese to buy to fund the city’s infrastructure projects, a conference on channeling remittance into infrastructure heard on April 23.

The sharp increase in the dollar price has caused many domestic companies to face difficulties.

China, South Korea, the US and Thailand are still the largest importers of Vietnamese fruits and vegetables.

Leading distributors and retailers in Latin America will attend Vietnam International Sourcing in HCM City in June to look for large volumes of a diverse range of products, according to the Ministry of Industry and Trade.

The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) finished lower at 1,177.4 points, down 12.82 points, or 1.08 per cent. The index gained over 15 points in the previous session, thanks to rising risk appetite.

Remittances to HCM City reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI),

As of the end of March, Việt Nam exported 3,141 tonnes of chilli peppers, worth US$8.1 million, representing an increase of 17.6 per cent in volume and 52.8 per cent in value over the same period of 2023.

The advantages and potential of Việt Nam’s northern border province of Lào Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.