Vietnam is the most investment worthy place in ASEAN, based on valid and practical grounds where improved economic diversification, international integration, reformed investment legislation and good economic policy must be counted, according to an article recently published on the US’s mondaq.com.
Vietnam’s seaports handled nearly 112 million tonnes of cargo in the first two months of 2024, a year-on-year increase of 8%, statistics from the Ministry of Transport's Vietnam Maritime Administration revealed.
Vietnam remained an exception in attracting foreign direct investment (FDI) on the global and regional scale last year. The Southeast Asian economy was expected to attract a large amount of FDI this year, said economists and analysts.
Customs clearance activities have become normal again at all border gates in the northern region after a week-long Lunar New Year holiday.
Argentina's newspaper La Nacion has run an article highlighting the business climate in Vietnam and encouraging the country's firms to explore the Southeast Asian market.
The State Treasury has announced that it plans to raise 400 trillion VND (over 16.25 billion USD) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.
Secretary of the Can Tho Party Committee Nguyen Van Hieu and leaders of the municipal People's Committee, departments and sectors on January 24 worked with representatives of the Thanh Binh Phu My Joint Stock Company and the Mediterranean Shipping Company (MSC) to discuss investment opportunities in the Mekong Delta city.
National flag carrier Vietnam Airlines and Singapore's Sentosa Development Corporation (SDC) signed a Memorandum of Understanding (MoU) on cooperation for the 2024-2025 period at a ceremony in Hanoi on January 16, in a bid to bring about remarkable benefits for tourists and develop tourism between Vietnam and Singapore.
The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.
Up to 77.41% of the adults in Vietnam have payment accounts at present, an increase from 31% during the 2015 - 2017 period, an official of the State Bank of Vietnam (SBV) cited a World Bank report as saying.
The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Foreign firms contributed 259.95 billion USD or 73.1% of Vietnam's total export revenue in 2023, statistics show.