Vietnam’s export prowess turns to excess

Vietnam’s economy rocketed up 8% last year as manufacturers like Samsung Electronics, LG and Hon Hai Precision Industry powered exports.


VN’s foreign exchange reserves reach US$92.43 billion

The State Bank of Vietnam (SBV) last month bought about US$0.65 billion, bringing Viet Nam's foreign exchange reserves to $92.43 billion, according to the BSC Securities Company (BSC).


Domestic poultry sellers face tough competition from imported chicken

The value of imported chicken meat reached 237 million USD with about 178,000 tonnes last year.



Viet Nam, Cambodia vow to foster economic linkages

Viet Nam and Cambodia vowed to promote security and defense cooperation and foster economic connectivity.


IFC assists Vietnamese SMEs in expanding access to finance

The International Finance Corporation (IFC) has teamed up with Saigon-Ha Noi Commercial Joint Stock Bank (SHB) in expanding access to finance for small and medium enterprises (SMEs), especially women-owned businesses.


Dragon fruit export turnover reaches 47 million USD

The country's total export value of dragon fruit so far this year topped 47 million USD, a fall of 48.7% compared to the same period las year.



Animal feed industry asks for import tax reduction on raw materials

The Vietnamese Government has received a proposal from the Viet Nam Feed Association to eliminate the import tax on soybean meal, currently set at 2 per cent.


Viet Nam posts 78.9 per cent growth in coffee export value to Spain

Viet Nam was Spain's largest supplier of coffee in 2022, with 113,550 tonnes worth 269 million euros, up 21.6 per cent in volume and 78.9 per cent in value against 2021.



Hung Thinh Land secures extended bond payment terms

Real estate developer Hung Thinh Land, which is facing cash flow challenges, has reached deals with its bondholders to extend payment terms.


Airbus committed to expanding supply chain in VN

Leading aerospace company Airbus is reinforcing its commitment to expanding its supply chain in Viet Nam as part of the company's ongoing effort to optimise operations and better serve its customers.


Eximbank forecasts $212 mln profit in 2023

Eximbank is aiming for a pre-tax profit of VND5 trillion ($212 million) in 2023, up 35% year-on-year, according to a document to be released at its 2023 annual shareholders meeting.



Domestic investors open less than 100,000 new accounts in first two months

Newly opened accounts in February increased by nearly 28,000 on-month to January, but they were still low compared to the average level of the past two years.


Aviation stocks soar as China restarts Vietnam group tours

Vietnam’s aviation sector saw stocks soar Thursday after China added Vietnam to the list of countries approved for outbound tours.


Vietnam tourism industry sees huge growth for 2023

The tourism sector plans to welcome 110 million tourist arrivals this year, including 8 million foreigners, for 650 trillion VND (27.39 billion USD).

Real Estate


Property market may heat up toward the end of 2024: Insiders

As transactions remain scarce in the property market, new credit and bond policies could help boost demand starting from the end of next year, industry insiders say.


Singapore's CapitaLand in talks to buy Vietnam property assets from Vinhomes

Asian real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam's biggest listed property firm Vinhomes JSC, two sources familiar with the matter told Reuters.


HCMC axes long-delayed urban project

Ho Chi Minh City has withdrawn its in-principle approval issued in 2007 for the 6.8-hectare Ma Lang urban complex in District 1 as the investor Bitexco failed to make progress.



Facebook parent Meta partners with AMD for mobile infrastructure program

Meta is trying to cover the uncovered regions and the underdeveloped countries


Morgan Stanley agrees $13 billion deal to buy online trading platform ETrade

Morgan Stanley has become the latest elite Wall Street bank to turn to Main Street for its future growth, adding stock trading millennials to its customer with the $13bn acquisition of ETrade.


Facebook-owner Meta gives preview of its first store, enterprise tools

Facebook owner Meta Platforms Inc gave an early glimpse of its first physical store which shows off games on its virtual reality headsets and rooms for testing video calling devices.