TIẾNG VIỆT 
Rising rice prices could send exporters into a price trap
Global rice prices are fast rising, making it harder for rice exporters to plan for safety and avoid price traps.
News
Vietnam welcomes 7.8 million int’l tourists in 8 months, nears 2023’s target
Vietnam received more than 7.8 million foreign tourists in the first eight months of 2023, completing 97.5 percent of the goal for the whole year of 2023.
Vietnam invests over $416 million abroad in 8 months, up 5.2 %
Vietnam invested over $416 million overseas in the first eight months of 2023, a 5.2 percent rise, according to the Foreign Investment Agency of the Ministry of Planning and Investment.
Vietnam's export decline bottomed out: VinaCapital
Vietnam's exports are expected to rebound in Q4, owing to a bottoming out of the US inventory cycle and an acceleration in multinational corporations' production shifts to Vietnam.
- Rising dragon: Amazon eyes Vietnam as key link in global supply chain 1
- Vietnamese textile-garment sector logs record number of export markets 2
- Vietnamese fruits struggle with higher standards 3
- VinaCapital seeks to sell SkyX Solar for $100 million 4
- Vietnam takes advantage of FTAs for exporting agricultural products 5
- Vietnam on the rise as a promising destination for int'l retailers 6
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Traditional markets in HCM City work hard to survive
Vendors at many traditional markets in HCM City, in a bid to attract customers, have been offering discounts, selling online and accepting cashless payment.
Sembcorp, PetroVietnam to export Vietnamese electricity to Singapore
Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, and Petrovietnam Technical Services Corporation, a member of Petrovietnam, are exploring the development of offshore wind farms in Vietnam for exporting to Singapore.
Vietnam joins Southeast Asia's initiative on cross-border payments
The State Bank of Vietnam signed an agreement on Friday to join a project by five other Southeast Asian nations to create cross-border payment systems between them.
Rare earths magnet firms turn to Vietnam in China hedge
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
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Thailand's KBank in talks to buy Home Credit Vietnam for $1 billion
Kasikornbank, Thailand's second-largest bank, is in talks to acquire consumer lending firm Home Credit Vietnam in a $1 billion deal that would accelerate its expansion in Vietnam, Reuters reported.
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Vietnamese goods hope to conquer domestic market
Thanks to improved quality, diversified designs and competitive prices, Vietnamese goods have gradually won the trust of domestic consumers.
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Petition to loosen business conditions for export-import of rice
Compulsory rice storage should be implemented according to market mechanism instead of administrative measures as at present, etc.
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Tourism sector moves to optimise new visa policy
The new visa policy, coming into force on August 15, is believed to open up various opportunities for tourism development, and stakeholders in this industry are taking actions to seize those chances.
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Vietnamese exporters renegotiate higher rice prices after Indian ban ...
Vietnamese exporters have renegotiated higher prices for around half a million metric tons of rice, as global prices climbed to 15-year highs following India's ban on overseas sales last month.
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Vietnam’s aviation sector records 42% growth in seven months
Domestic air passenger transport has recovered significantly, with an annual rise of 41.8% recorded in the first seven months of 2023.
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Banks continue to slash deposit rates
Local lenders have lowered 6-month deposit interest rates since August. Interest rates for 12-month terms range from 6–7% per year.
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Vietnam borrows more than $530 million from international partners
The Vietnamese government signed six loans totaling $531.79 million in the first seven months of 2023, according to the Debt Management and External Finance Department.
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Vietnam's Nghi Son refinery could face a $1 bln loss in 2023
A document signed by Kuwait's oil minister and seen by Reuters showed that Vietnam's largest oil refinery, in which Kuwait Petroleum International (KPI) owns a stake, could lose $1 billion this year.
