The Republic of Korea (RoK)’s KP Aero Industries will start building a 20,000sq.m factory with an investment of VND480 billion (US$20 million) at the central city’s Da Nang Hi-Tech Park, to produce and supply various parts for the aircraft industry.
Listed companies’ earnings growth is expected to recover from zero last year to 10-15% this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.
Vietnam’s cashew industry eyes export growth despite global headwinds, according to insiders.
Vietnam has emerged as a frontrunner in B2B sales on credit, boasting a 67% ratio, surpassing the 51% average in Asia, reported a recently-revealed Atradius Payment Practices Barometer survey.
Standard Chartered Bank expects Vietnam to have a robust GDP growth of 6.7% in 2024 (6.2% and 6.9% in the first half and second half of the year, respectively).
VinFast, Vietnam's leading electric vehicle manufacturer, unveiled its new electric vehicle concept - the VF Wild - at the Consumer Electronics Show in Las Vegas (CES 2024) on January 9.
Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, warned the Ministry of Industry and Trade.
After a sluggish period, the mergers and acquisitions (M&A) market is expected to rebound in 2024, with significant deals anticipated across various industries.
The State Bank of Vietnam (SBV) has issued a new regulation on management of gold bar production to stabilise the gold market.
Enhancing the quality of the workforce, promoting regional linkages, and developing science, technology, innovation and digital transformation are keys to Vietnam's focus on improving labour productivity in the coming decades, according to the recently approved National Programme on Labour Productivity Enhancement by 2030.