A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.
Under the proposal, the rollout would take place in two phases. The first would involve a pilot listing in the domestic market with physical transactions. In the second phase, after operations stabilise, the exchange could be linked with regional and international commodity exchanges.
The dialogue aimed to promote the effective implementation of the Politburo’s Resolution No. 68-NQ/TW on private economic development, contributing to boosting rapid and sustainable national economic growth.
Party General Secretary To Lam expressed his hope that Indonesian businesses will continue to grow and stay among the largest investors in Vietnam. He encouraged them to leverage their strengths and seize opportunities based on equality, mutual respect, and shared benefits, in alignment with the strategic relations between the two countries.
The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over VND5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.
Vietnam’s Top 10 digital technology companies in 2023 were announced at a ceremony in Hanoi on September 22.
The Ministry of Finance (MoF) has sent a document to ministries, ministerial-level agencies and Government agencies asking for their coordination in the drafting of a circular on reducing fees and charges to ease difficulties for people and businesses.
Vietnam shipped a total of 210,370 tonnes of coffee worth US$482.43 million abroad in March, with exports to Indonesia, Russia, and Algeria witnessing a triple-digit growth, according to figures released by the General Department of Vietnam Customs.
PSNews - In January, the value of trade via border gates with China in the northern province of Lang Son amounted to 1.7 billion USD. This data sent positive signals particularly as Lang Son’s border trade activities are on the rise since China reopened its border.
For the first time in history c2022 import-export value has surpassed the US$700 billion mark, up 15% year on year.
Many real estate businesses have returned to the bond channel to raise capital after an absence in April, mobilising thousands of billions of Vietnamese dong.
PSNews - The majority of German companies are upbeat about the prospect of doing business in Vietnam with many expressing an intention to maintain investment in the country.
A number of Vietnamese export businesses have recently fallen victim to fraud due to their limited knowledge of international trade, losing both goods and cash in the process.
Vietnamese businesses increased their investment into the United States in the first quarter of this year, turning it into an attractive investment destination.
PSNews - The Vietnam Association of Seafood Exporters and Producers (VASEP) has expressed a optimism about the pangasius exports of the country in 2022 after more than 2 years of being heavily affected by COVID-19. However, the higher costs of production, and higher export costs coupled to uncertain demand in key markets, are the main obstacles the industry will face this year.
Domestic petrol prices have hit an eight-year record high following the latest price adjustments made on February 21, dealing a heavy blow to ongoing recovery efforts of firms that have borne the brunt of the prolonged COVID-19 pandemic.
Businesses expect with the ongoing strategy of living safely with COVID-19 put in place all business and production activities will gather full steam in 2022 to bring in a big profit and incur losses they suffered in 2021.
Vietnamese iron and steel exports during the opening 11 months of the year enjoyed impressive growth with an export value exceeding US$10 billion, according to figures given by the Vietnam Steel Association (VSA).
Prime Minister Pham Minh Chinh hosted leaders of ten foreign corporations and leading British universities in Edinburg, Scotland, on October 31 (local time), as part of his visit to the UK for the 26th United Nations Climate Change Conference (COP26).
A number of localities in the southern region reopened business and social activities on September 15 following the COVID-19 outbreak being brought under control, with local authorities starting to ease social distancing requirements.