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Vietnam's garment enterprises face increasing global competition
Vietnamese garment enterprises are facing more competition as well as stricter quality and environmental standards in the global market.
International wood fair to open in Binh Duong
The BIFA Wood Vietnam 2023 fair will return to the southern province of Binh Duong from August 9-12, the event's organisers announced at a press conference in the locality on June 22.
Vietnam, RoK soloists to perform at HCM City Opera House
Critically acclaimed pianist Nguyen Bich Tra and young violinist Joen Min from the Republic of Korea (RoK) will give performances at a concert held at the HCM City Opera House on June 25.
HSBC announces Vietnam's first LEED rated bank branch
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) has recently become the first bank in Vietnam to obtain the LEED Gold certification, demonstrating its commitment to Vietnam's net-zero transition.
MoIT plans to launch a transaction assurance system in e-commerce
The Centre of Information and Digital Technology of the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade is expected to launch a system to ensure transactions in e-commerce from now until the end of the year.
Vietnam to build ‘integrated payment ecosystem’ to promote cashless payments
With emerging technologies such as AI and blockchain, Vietnam has the ability to leverage data connectivity to create ‘an integrated payment ecosystem’ to promote cashless payments, experts said at a recent meeting in HCM City.
New EU regulation on deforestation-linked products head-scratcher for local producers
The EU's ban on deforestation-linked imports are causing concern among Vietnamese producers as the requirements to trace commodities back to their origin can push up costs and entail finding alternative suppliers.
More work needed to improve administrative procedures on investment
Improvements in the group of investment administrative procedures are still slow and not yet in sync with policies to attract investment at the local level.
HCM City housing among least affordable in Asia Pacific: report
Ho Chi Minh City housing is among the least affordable in the Asia Pacific region with a median home price representing 32.5 times the median annual household income, said a report by Urban Land Institute (ULI).
Low credit growth makes large banks curb capital mobilisation
Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.