The development of eco-industrial parks is considered an effective solution to contribute to completing the net zero emission target by 2050 in Việt Nam. However, there are still many problems with the mechanism. HÀ NỘI — The development of eco-industrial parks is considered an effective solution to contribute to completing the net zero emission target […]
Read MoreCambodia and Vietnam signed a trade enhancement agreement to increase economic cooperation between the two countries. On June 2, Pan Sorasak, Minister of Commerce, and Nguyen Hong Dien, Minister of Industry and Commerce of Vietnam, virtually signed a memorandum of understanding (MoU) on trade and economic cooperation. The signing ceremony was attended by relevant officials […]
Read MoreEASING inflation has allowed Vietnam’s central bank to cut interest rates earlier this year, governor Nguyen Thi Hong said on Thursday (Jun 1). The State Bank of Vietnam will prioritise macroeconomic stability and safety of the country’s banking system, she said in a speech to parliament. “The central bank will stick to its strategy of […]
Read MoreDecreased demand and increased costs have put cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts. HÀ NỘI — Decreased demand and increased costs have put cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts. They claimed […]
Read MoreTotal revenue from retail sales of consumer goods and services was estimated at VNĐ519 trillion (US$22.09 billion) last month. HÀ NỘI — Total retail sales of consumer goods and services in the first five months of this year was estimated at VNĐ2.52 quadrillion ($107.2 billion), a year-on-year rise of 12.6 per cent, the highest recorded […]
Read MoreAbout 80 percent of surveyed businesses say the biggest obstacle to borrowing money from banks is the lack of collateral. Nguyen Van Than, chair of the Vietnam Association of Small and Medium Enterprises, has said repeatedly at business forums that enterprises cannot borrow money from banks because of the strict requirements on procedures on appraisal […]
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