The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.

In an effort to address financial challenges faced by Vietnam Electricity (EVN), the Ministry of Industry and Trade (MoIT) has put forth a proposal to increase electricity prices in 2024.

High demand during the Tet shopping season has prompted commercial banks to introduce credit offers worth hundreds of billions VND for consumers, said industry experts and insiders.

Vietnam expects its agricultural export value to China to increase sharply this year, as China agreed to review regulations permitting official exports of poultry meat from Vietnam to this market.

The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.

Akira Ijiri, head coach of the Vietnamese women’s football U20 team, has officially announced the 28-player squad for the final round of the 2024 AFC U20 Women's Asian Cup, which will take place in Uzbekistan from March 3-16.

The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Vietnam to become a high-income country by 2045.

Credit growth will be the main focus for the banking industry in 2024, as it is closely related to economic growth, according to analysts.

Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said.

Phuc Sinh JSC has announced that the company successfully sold shares to an investment fund from Europe with an undisclosed amount.