After Vietcombank, HDBank has recently announced to lower lending interest rates for enterprises doing business in many industries with a total interest rate reduction of up to VND120 billion. Although deposit interest rates in the market remain hot, a few banks have suddenly cut lending rates to support enterprises that need capital for production and […]
Read MoreThe Ministry of Transport has submitted a plan to increase international freight transport by rail by 2030, with a target of shipping between 4 and 5 million tonnes. The volume of goods imported and exported by rail stood at 1.1 million tonnes in 2021. The plan submitted to the Prime Minister was completed based on […]
Read MoreVietnam aims to become a higher average income country and a high income country by 2035 and 2045. However, to reach that goal, it will have to overcome challenges, especially institutional ones. According to the World Bank’s 2020 report, countries are classified into four groups: low-income economies (income per capita of less than $1,035), lower […]
Read MoreA volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past… A volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past were among the major factors holding back Viet Nam’s economic development, according to the Vietnam […]
Read MoreVietnam now has the opportunity to receive a new capital flow worth billions of dollars as it has caught the attention of many foreign investors. In November 2022, LEGO kicked off construction of its factory worth $1 billion. This is the project with the largest ever capital invested by a Danish enterprise in Vietnam. The […]
Read MoreAn e-commerce week will be held from November 28 to December 4 while Vietnam Online Shopping Day – Online Friday 2022 is scheduled to last from December 2-4, according to the Ministry of Industry and Trade (MoIT). The week-long event offers opportunities for enterprises operating in the fields of e-commerce and digital technology to introduce […]
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