The Vietnamese car market is experiencing significant transformations with the entry of Chinese brands, according to motoring experts.

As of June 14, credit growth has reached 3.79% compared to the end of last year, marking a bright spot for the banking sector, according to the central bank.

The Masan Group Corporation (MSN) has been named in Fortune magazine’s first ever Fortune Southeast Asia 500 list.

Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.

Five pilot projects on green technology for Vietnamese textile and garment exporters went on show at the ‘For a Sustainable Garment and Textile Industry in Vietnam’ show held in Hanoi on June 17.

Foreign developers have dominated the modern warehouse market in Vietnam, accounting for over 75% of the country’s market share by the end of 2023.

Apartment rents in Ho Chi Minh City have surged by up to 28% since last year, especially in the mid-priced and high-end segments.

Large international retailers including Aeon, Uniqlo, Walmart, Amazon, Safeway, Carrefour, Decathlon, Central Group and Ikea have been visiting Vietnam seeking partnerships in industrial, agricultural and handicrafts products, said industry insiders and officials.

There is no legal basis at the moment to consider proposals related to raising the foreign ownership ratio in aviation transport businesses to 49% of the charter capital, said the government agency.

Vietnam has recently celebrated World Camel Day (June 22) and International Year of Camelids (IYC 2024) for the first time.