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Transactions of gold on unofficial online market pose high risks

Despite the higher prices, many people are posting on social media channels to look for sources to buy gold rings and gold bars

Individual customers’ bank savings hit record high

Individual customers’ banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Việt Nam (SBV) shows.

Foreign investors interested in Vietnam’s LNG infrastructure

Foreign investors, particularly those from the US, have expressed their interest in investment opportunities in Vietnam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs.

An open banking system is essential for a smart city

Building a smart city with a smart payment system playing a key role has helped Hanoi gradually transform and make breakthroughs in the process of development, said Ha Minh Hai, Vice Chairman of the municipal People's Committee.

Five sectors see profit growth reaching up to 1,600% in Q3

The fertiliser, retail, livestock, banking and logistics sectors are expected to witness significant profit growth in the third quarter (Q3), ranging from 22% to an impressive 1,620%, a recent report has revealed.

Foreign capital influx permeates southern real estate market

Foreign investment are continuously poured into the real estate market in southern localities, resulting in the emergence of a series of new property projects in the past eight months.

Vietnam posts 7.4% GDP growth in Q3

Vietnam's gross domestic product (GDP) expanded by about 7.4% in the third quarter and 6.82% during the first nine months of 2024 compared to the respective periods of last year, the General Statistics Office (GSO) reported on October 6.

WEF leader holds talkshow with young entrepreneurs, students in HCM City

Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), held a talkshow with young entrepreneurs, innovative startups, students, and outstanding young citizens of HCM City on October 6.

CPI rises by 3.48% in Q3: GSO

Vietnam’s consumer price index (CPI) rose by 3.48% in the third quarter of 2024 compared to the same period last year, mainly fueled by the increasing prices of food in localities directly affected by Typhoon Yagi, and housing and education services.

Import-export revenue rises over 16% in nine months

Revenue from import-export activities hit 578 billion USD in the first nine months of 2024, a rise of over 16% year on year, according to the General Statistics Office (GSO).

Vietnam Airlines launches direct flight to Munich

National flag carrier Vietnam Airlines (VNA) on October 5 officially launched its first and only direct flight between Vietnam and Munich, the capital of Bavaria state.

Typhoon Yagi results in record low agricultural output over four years

The agricultural sector in Northern Vietnam faces a significant downturn, with a sharp decline in growth due to the devastating impacts of Typhoon Yagi and continuous heavy rainfall.

Vietnam's GDP growth hits 7.4% in Q3 despite high business withdrawal rates

Despite a substantial increase in GDP by 7.4% in Q3 2024, the Vietnamese market witnessed the withdrawal of 163,000 businesses, reflecting ongoing economic challenges.

Truong Gia Binh poised to become Vietnam’s next USD billionaire amid FPT’s rise

As many large corporations in real estate, finance, and retail face challenges, FPT Group, led by Truong Gia Binh, is experiencing a surge in stock value, positioning the Da Nang-born businessman closer to becoming Vietnam’s next USD billionaire.

Vietnam’s fashion industry eyes $100 billion in export revenue by 2030

Vietnam’s fashion industry has set a goal to boost exports to $100 billion by 2030, driven by a new Material Trading Center that will enable the sector to secure domestic supply chains and meet the increasing demands of global markets.

Prime Minister advocates for fair business practices and economic integrity

In a meeting with business representatives today, PM Pham Minh Chinh emphasized the importance of safeguarding the legal and legitimate rights of businesses and entrepreneurs, stressing the need to avoid criminalizing economic & civil relationships.

Vietnam hotel market enjoys robust growth: Savills Hotels

The hotel market is experiencing impressive growth with significant Revenue Per Available Room improvements, according to hospitality advisory and investment Savills Hotels.

Vietnam – one of most dynamic live commerce markets

Vietnam has one of the most dynamic live commerce markets globally, driven by its growing population, tech-savvy culture, and an expanding base of discerning young consumers, experts said.

PM asks businesspeople to maximise opportunities from industrial revolution

Prime Minister Pham Minh Chinh on October 4 urged businesspeople to carry forward their pioneering role in optimising opportunities generated by international integration and the Fourth Industrial Revolution.

Vietnam’s stock market likely to reach 9 million accounts by 2025

Vietnam is on track to reach 9 million stock trading accounts by 2025 and 11 million by 2030, CEO of Vietnam Report JSC Vu Dang Vinh has said.