Vietnam witnessed the establishment of 22,128 enterprises in the first two months of the year with combined registered capital of nearly VND219 trillion (US$8.88 billion), according to the Ministry of Planning and Investment’s Business Registration Management Agency.

The Party Delegation of the National Assembly (NA) led by Secretary of the delegation and NA Chairman Vuong Dinh Hue held a meeting with the Hanoi Party Committee’s Standing Board on March 5 to discuss the draft revised Capital Law and the plans on local development.

Ho Chi Minh City attracted US$176.71 million in investment capital into the city's export processing and industrial zones in the first two months of 2024, equivalent to 32.13% of the target set for the whole year.

VOV.VN - Normal life was affected in northern Vietnam, including the capital city of Hanoi, on February 2 morning, with visibility falling to 10 metres.

More than VND662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance.

Vietnam had attracted more than US$2.36 billion in foreign direct investment (FDI) as of January 20, an increase of 40.2% over the same period in 2023, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Despite lingering difficulties, businesses have recovered their confidence, the Private Economic Development Research Board (Board IV) under the Prime Minister’s Administrative Reform Advisory Council underlined in its latest report on business situation in 2023 and outlook for 2024.

The disbursement of public investment in 2023 was projected to reach 95% of the plan, equivalent to nearly VND676 trillion (over US$27 billion), marking the record high so far, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.

VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 trillion.