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Accelerated green economy transition efforts needed for 2024 GDP target
Vietnam’s 2024 economic growth target of 6.5% is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy, a conference to launch the Vietnam Annual Economic Report 2024 heard.
Credit growth bright spot for banking
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.
Retail giant Masan named in inaugural Fortune Southeast Asia 500 list
The Masan Group Corporation (MSN) has been named in Fortune magazine’s first ever Fortune Southeast Asia 500 list.
Credit growth remains far from government’s target
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.
Germany supports Vietnam’s garment industry in green transformation
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 dominate modern warehouse market in Vietnam
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 rental prices on the rise in country’s largest city
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.
Business partnering strengthens RoK-Vietnam trade cooperation
Forty direct business meetings were organised between a delegation of Korean companies from the Korea Intellectual Property Strategy Agency (KISTA) and the Korea Environmental Industry & Technology Institute (KEITI) with Vietnamese importers on June 12.
FDI Enterprises Club debuts in Hue city
The Foreign Direct Investment (FDI) Enterprises Club has been introduced in Hue city to boost connection, cooperation and investment among FDI-operated businesses in the central province of Thua Thien-Hue and to help attract new investors in the future.
Ceramic exhibition showcases Nguyen Dynasty-style dragons
A collection of 56 ceramic and gold-plated dragons inspired by the Nguyen Dynasty are on display at an exhibition in the Kien Trung Palace in the Hue Imperial Citadel.