Economy - theinvestor.vn

Vietnam, Australia to work on developing competitive electricity markets

Economy - Wed, April 17, 2024 | 5:33 pm GTM+7

Developing competitive electricity markets in the context of high renewables integration will the focus of a collaboration agreement between the Electricity Regulatory Authority of Vietnam (ERAV) and the Australian embassy.

Vietnam added to Emerging Market and Middle-Income Economies group: IMF

Localities review projects related to troubled contractor Thuan An Group

Former UK premier Blair pledges to drive chip, AI investments to Vietnam

Vietnam PM requests stable power supply during peak period

Businesses forced to return $399 mln to freshly convicted Vietnamese tycoon Truong My Lan

Vietnam’s 2024 GDP forecast to grow 5.8%: Maybank Securities

Employees prioritize flexible working hours: consultant

A recent survey has found that up to 30% of Gen Z workers, who were born from 1997-2012, want their employers to offer flexible hours, said Thanh Nguyen, head of operations and happiness inspiration at Anphabe JSC.

Economy - Thu, April 11, 2024 | 9:41 pm GTM+7

Not much value in reducing interest rates in Vietnam: ADB

The Asian Development Bank (ADB) does not see much value in reducing interest rates further in Vietnam, ADB country director for Vietnam Shantanu Chakraborty said at a press conference on Thursday.

Economy - Thu, April 11, 2024 | 2:56 pm GTM+7

ADB retains Vietnam's GDP growth forecast at 6% for 2024

The Asian Development Bank (ADB) has retained Vietnam's economic growth forecast this year at 6%, the bank said in its April 2024 edition of the Asian Development Outlook (ADO).

Economy - Thu, April 11, 2024 | 9:15 am GTM+7

Vietnam’s coffee export turnover climbs 57% in Q1 on price hikes

Vietnam's coffee exports hit $1.93 billion in the first three months of 2024, a 57.3% increase year-on-year, owing primarily to rising coffee prices.

Economy - Thu, April 11, 2024 | 8:17 am GTM+7

Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO

Vietnam’s GDP growth could reach 6% in 2024 and 6.5% in 2025, higher than the 5.1% posted in 2023, according the ASEAN+3 Macroeconomic Research Office (AMRO).

A year in review and 2024 forecasts - Wed, April 10, 2024 | 5:26 pm GTM+7

Vietnam gold price soars to new high of $3,346 per tael

Domestic SJC gold bar prices reached a record VND83.5 million ($3,346) per tael Tuesday, an increase of VND1.6 million ($64.1) in just two days.

Economy - Tue, April 9, 2024 | 5:34 pm GTM+7

Washington state trade mission explores technology, agriculture, energy cooperation in Vietnam

A delegation of about 46 business and government leaders from the U.S.’s Washington State is on a five-day trade mission in Vietnam starting April 8 to explore cooperation between the two sides in various realms.

Economy - Tue, April 9, 2024 | 3:32 pm GTM+7

Hackers looking to profit from cyberattacks on banking-finance institutions: experts

Motivation for cyberattacks have shifted from fame or notoriety, to make money, as exemplified by the recent ransomware attack against leading Vietnamese broker VNDirect Securities, experts said Tuesday.

Economy - Tue, April 9, 2024 | 2:30 pm GTM+7

EuroCham Vietnam's quarterly business confidence index rises for third time in a row

EuroCham’s Business Confidence Index (BCI) for Vietnam rose for the third time in a row to 52.8 in the first quarter of 2024, the highest level since Q3/2022 which indicates optimism in the national economy.

Economy - Mon, April 8, 2024 | 10:21 am GTM+7

Digital literacy skill enhancement for women entrepreneurs: RMIT experts

If digitally trained, women who make up the majority of micro, small and medium enterprises (MSMEs) could hold the potential to accelerate national economic growth, write RMIT Vietnam experts.

Economy - Mon, April 8, 2024 | 7:11 am GTM+7

Vietnam tops Thailand as biggest durian exporter to China

Vietnam has topped Thailand for the first time in durian exports to China, becoming China's biggest supplier of the fruit.

Economy - Sun, April 7, 2024 | 6:57 pm GTM+7

Vietnam economy sees brighter growth prospects in 2024 amid uneven Q1 recovery: HSBC

Vietnam’s recovery story remains intact but uneven as domestic-oriented services lag behind external-facing sectors, HSBC researchers have said, highlighting better growth prospects for this year.

Economy - Sat, April 6, 2024 | 10:43 am GTM+7

Vietnam needs $600 bln plus to achieve net-zero emissions by 2050

Vietnam will have to invest about $534-658 billion to achieve its target of net-zero greenhouse gas (GHG) emissions by 2050, according to the Institute of Energy (IoE) under the Ministry of Industry and Trade.

Economy - Fri, April 5, 2024 | 8:57 pm GTM+7

With scarce supply, coffee prices scale new peak in Vietnam

Scarce supply has seen coffee prices rise steadily in Vietnam, reaching a new high of about VND103,000 ($4.1) per kilogram Thursday morning in the Central Highlands, the nation’s coffee hub.

Economy - Thu, April 4, 2024 | 5:29 pm GTM+7

Vietnam’s $5 bln coffee export target well within reach: association

With current price trends, Vietnam's coffee export objective of $5 billion in 2024 should not be that difficult to achieve, according to Do Ha Nam, chairman of the board of directors at Intimex Group JSC and vice chairman of the Vietnam Coffee Cocoa Association (VICOFA).

Economy - Wed, April 3, 2024 | 10:34 pm GTM+7

Vietnam planning ministry opts for 6.5% growth scenario after Q1 acceleration

The Ministry of Planning and Investment, the principal economic advisory body of the government, has proposed going after the GDP growth target of 6.5%, the mandatory upper limit, this year after the first-quarter pace hit a five-year high.

Economy - Wed, April 3, 2024 | 4:38 pm GTM+7

Green taxonomy certification can help Vietnam attract funds for sustainable development: experts

The urgency of developing a legal framework to develop green credit and green bonds in order to attract funds for sustainable development was stressed by experts at a seminar Wednesday.

Economy - Wed, April 3, 2024 | 2:15 pm GTM+7

Finalization of green taxonomy 'a matter of urgency'

Vietnam's Ministry of Natural Resources and Environment (MoNRE) has tasked its Institute of Strategy and Policy on Natural Resources and Environment to draft a green taxonomy. The Investor talked with Assoc. Prof. Dr. Nguyen Dinh Tho, head of the institute, to take a deep dive into green finance development in Vietnam and the green taxonomy.

Economy - Wed, April 3, 2024 | 7:00 am GTM+7

Vietnam looks to tap Chinese expertise in free trade zone development

A Vietnamese government delegation led by Minister of Planning and Investment Nguyen Chi Dung has visited China to learn from its experiences in developing financial centers and free trade zones.

Economy - Tue, April 2, 2024 | 5:41 pm GTM+7