The Ho Chi Minh City Union of Business Associations has proposed authorities to resolve difficulties faced by businesses suffering from a sharp drop in export orders.

Authorities of Ho Chi Minh City plan to spend more than VND10.2 trillion (US$433 million) on a sustainable poverty reduction programme this year.

Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.

Vietnam’s labour market continued to maintain recovery momentum in the first quarter of 2023, Deputy Director General of the General Statistics Office (GSO) Nguyen Trung Tien said at a press conference in Hanoi on April 6.

The State Bank of Vietnam, the central bank, announced five separate decisions on March 31, to further lower some key interest rates, with effect from April 3. This is the second round of rate cuts in March.

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

VOV.VN - Da Nang International Terminal has officially become the first and only terminal in Vietnam to receive a four-star rating from SkyTrax, said Do Trong Hau, deputy general director of Da Nang International Terminal Investment and Operation Joint Stock Company (AHT).

VOV.VN - Prime Minister Pham Minh Chinh has signed a document requesting that relevant ministries, agencies, and localities remove obstacles to the real estate market which has been in limbo for months.

Some 978,700 foreigners landed in Hanoi in the first three months, 5.9 times higher than the same period last year, said the municipal Department of Tourism.