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Gov't disburses over US$38.5 million for Cat Linh–Ha Dong railway project
The Government has disbursed more than VND910 billion (US$38.5 million) for the implementation of the Cat Linh–Ha Dong urban railway project.
Industrial sector reports 9% growth in 2022
Vietnam's industrial sector grew by 9% in 2022, according to a report published on December 26 by the Ministry of Industry and Trade (MoIT).
Retailers get ready for busiest shopping season of the year
With the Lunar New Year (Tet) around the corner, retailers are scrambling to stockpile goods to meet the imminent surge in demand.
Banks requested to cut rates to support economic recovery
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed banks to continually reduce input costs with an aim to cut loan interest rates.
Fintech firms step up cooperation with banks to boost lending
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.
The most wonderful time of the year approaches
One of the most important worldwide holidays, Christmas, has never failed to attract people with various ways to celebrate in many countries all over the world, including Vietnam.
High demand expected for international flights during Tet
International flights during the upcoming Tet (Lunar New Year) holiday season should prosper, an official from the Ministry of Transport has said.
Low disbursement of public investment sourced from foreign borrowing
The disbursed public investment sourced from foreign borrowing was estimated at more than VND9 trillion in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
Consumer product sales to increase by 7-9% during Tet
Following two years of low sales during Tet (the Lunar New Year), things are expected to look up for the fast moving consumer goods industry this time around since the Vietnamese economy has recovered and consumers have a positive outlook on economic prospects, according to market research company Kantar Worldpanel Vietnam.
Real estate for rent - bright spot in 2022
The domestic rental market had a bright start in 2022, although it began to decline in the second quarter, according to batdongsan.com.vn, Vietnam's leading real estate trading website.