The dry season of REE

Hydropower, REE's new growth pillar, is facing challenges amid the gloomy business of refrigeration mechanical and electrical segments.


Banking industry forecast to grow slower on economic slowdown

The banking sector is forecast to grow slowly in 2023 due to general difficulties in the economy.


Vietnam's SOEs have total asset value of over $157 billion

Vietnam has nearly 680 SOEs with a total asset value of VND3.8 quadrillion ($157.08 billion), including VND1.7 quadrillion of State budget, PM Pham Minh Chinh told a meeting on Thursday.



State bank mobilises $409 million from T-bill issuance

On September 25, the State Bank of Vietnam (SBV) continued to use the interest rate auction mechanism to issue treasury bills worth VND 10 trillion (over $409 million).


New Straits Times calls Viet Nam a rising star globally

New Straits Times, Malaysia-based leading English language newspaper, named Viet Nam a rising star in the world, with consistent gross GDP growth of about 6 percent for many years.


Viet Nam climbs four places in Economic Freedom of World index

Viet Nam has moved up four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute.



Vietnam's economy to revive in second half of 2023, says Standard Chartered

Following early signs of recovery in the second quarter, Standard Chartered Bank forecasts a comeback in Vietnam's economy in the second half of the year.


Vietnam’s inflation continues to be kept in check

On the foundation of macroeconomic stability, the government has shifted its policy to prioritising economic growth in alignment with curbing inflation and ensuring the major balances of the economy.



Australia's Acuity Funding to inject $6.4 billion into Tin Thanh Group

Vietnam's Tin Thanh Group and Acuity Funding, a capital arrangement and management organization, have signed a $6.4 billion deal.


Coteccons targets fiscal 2024 profit of VND 274 million

Coteccons aims to achieve VND 247 million after-tax profit in fiscal year 2024, an increase of 5.2 times from a year earlier, according to the company’s statement.


Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals

Vietnamese electric vehicle (EV) maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval as the European Union considers imposing tariffs on its Chinese rivals.



Nam A Bank to list more than 1 bln shares on HOSE

The Board of Nam A Bank has approved a plan to list more than 1 billion shares on the Ho Chi Minh Stock Exchange in the third or fourth quarter of 2023.


Loan interest expenses incease, causing hardship for firms

Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.


Will the market improve with many new accounts?

More than 100,000 new securities accounts were opened, market liquidity increased, and some sessions reached the billion USD level. The new wave of investors is back?

Real Estate


Canadian real estate service firm Avison Young announces affiliation agreement in Vietnam

Avison Young, a 45-year-old Canadian real estate service firm, expands its APAC reach to the South-East-Asian market by taking on board 100 industry experts in Ho Chi Minh City and Hanoi.


Vietnam expected to seize global trends, forges ahead in supply chain landscape

Vietnam stands at a crossroads within the dynamic currents of global trends, with the potential to become a strategic link in the world's global supply chain.


Legal changes expected to increase appeal of Vietnam's real estate market

The global economic slowdown, the impact COVID-19 pandemic, and internal difficulties have put Vietnam’s real estate market in a tough situation.



ASEAN increases investment cooperation

Further facilitation of a more competitive investment environment spurred on by regional free trade agreements is helping Vietnam to woo more funding from the bloc and its partner countries.


Global rice supplies tighten after India's July export ban

Rice prices in key exporting countries including Thailand and Vietnam have climbed around 20% since India banned shipments of a key variety in July, tightening global supplies.


Domino effect: India rice export ban puts market on edge for copycat curbs

India's rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap.