Day: December 28, 2023

Hanoi: Vietnam’s total trade with European and American markets is estimated to decrease by 9.5% year-on-year to around 208 billion USD in 2023, but the country still enjoys a trade surplus of 125 billion USD.

According to the Ministry of Industry an…

Hanoi: Vietnam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.

This is to establish a co…

Hanoi: Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.

Vietcombank has announced a new interest rate list this week that surprised the market. Accordingly, the bank’s interest rate for short-term deposits …

Hanoi: Vietnam’s corporate bonds worth 230.2 trillion VND (nearly 9.5 billion USD) had been redeemed before maturity by December 25, an increase of 5.8% compared to the figure in 2022, according to the Ministry of Finance.

In addition, 78 enterprises…

Hanoi: Retail prices of petrol were changed slightly in the latest adjustment on December 28 by the Ministry of Industry and Trade and the Ministry of Finance.

The price of E5 RON 92 was cut by 13 VND to 21,186 VND (0.87 USD) per litre while that of …

Hanoi: Prime Minister Pham Minh Chinh has signed to issue an official dispatch asking for measures to strengthen the management of the domestic gold market.

The official dispatch, sent to the Governor of the State Bank of Vietnam (SBV), the Ministers…

Hanoi: Credit rating agency Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%, with many favourable signs.

In a report released recently, the agency said Vietnam’s cost competitiveness, educated workforce compared with peers…