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Ministry of Finance summarizes the 10-year implementation of the Resolution of the 8th meeting of the 11th Central Committee

10:20 | 29/03/2023

VCN – On March 27, Mr. Tran Tuan Anh, Member of the Political Bureau, Chairman of the Central Committee's Economic Commission, and member of the Steering Committee for developing summary project, attended and directed the summary conference of the 10-year implementation of the Resolution of 8th meeting of the 11th Central Committee on the Strategy to Project the Fatherland in the New Situation of Ministry of Finance. The conference was attended by Mr Ho Duc Phoc, a member of the Central Committee, Secretary of Designated Representation, Minister of Finance and other members of Party Designated Representation of Ministry of Finance, comrades of the Central Committee of Ministry of Finance.

State-owned enterprises expand production and export

14:41 | 28/03/2023

VCN- Thanks to positive signals from the world market and strengths in brands and resources, many large state-owned enterprises have been planning to expand trade and export activities.

Fruit and vegetable exports surged by 53.1% in February

14:40 | 28/03/2023

VCN – Vietnam’s export turnover of fruit and vegetable recorded a surge of 53.1% in February to US$324 million compared to the same period in the previous year, the General Department of Vietnam Customs (GDVC) releases.

Vietnam’s industrial, logistics property growing as more FDI expected

14:32 | 28/03/2023

Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector. according to insiders.

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2023

14:29 | 28/03/2023

Highlights 1. According to trade statistics of Vietnam Customs, in February 2023, a 5.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up US dollars 10.3%, to US dollars 26.05 billion and imports increased 1.3%, to US dollars 23.25 billion in terms of month-on-month basis. As a result, there was a US dollars 2.8 billion surplus in Vietnam’s trade balance in this month.

Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2023

14:28 | 28/03/2023

The Vietnam Customs Statistics announced that in the second half of February, 2023 the total Vietnam’s exports of US dollars 12.47 billion and imports of nearly US dollars 10.69 billion resulted in a trade surplus of US dollars 1.78 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 23.16 billion, down by 10.3% as compared to the first half of February-2023. Furthermore, in the first 2 months of 2023, Vietnam was in trade surplus of USD 3.44 billion.

Preliminary assessment of Vietnam international merchandise trade performance in the first half of February, 2023

14:28 | 28/03/2023

The Vietnam Customs Statistics announced that in the first half of February-2023, Vietnam’s total exports of US dollars 13.44 billion and imports of US dollars 12.38 billion resulted in a trade surplus of nearly US dollars 1.07 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of February was US dollars 25.82 billion, went up by 42.8% (equal to USD 7.74 billion) as compared to the second half of January-2023.

CPI increases about 4.2% in first quarter

14:27 | 28/03/2023

The consumer price index (CPI) in the first quarter of 2023 is estimated to rise 4.2-2.3% year on year, according to the Price Management Department under the Ministry of Finance.

Deputy PM urges hastened procedures for cancelled IDA loans

14:25 | 28/03/2023

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.

2023 set to be favourable for Vietnamese rice enterprises

14:21 | 28/03/2023

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

PM orders close coordination to remove obstables to property market

14:20 | 28/03/2023

Prime Minister Pham Minh Chinh has just signed a document requesting more efforts to promote the development of and remove obstacles to the real estate market.

VBF 2023: Enterprises continuously propose many support measures

10:17 | 28/03/2023

VCN - A representative of the Investment and trade working group said that legislatures might consider amending the Land Law to allow companies in Vietnam to mortgage land use rights to foreign lenders. This is because companies in Vietnam have difficulty accessing competitive financing sources outside of Vietnam since they cannot mortgage factories and land use rights to foreign lenders. Additionally, businesses suggested that Vietnam diversify markets and improve the efficiency of post-harvest activities, including packaging.

Lang Son: Launching several solutions to prevent smuggled dirty food

10:12 | 28/03/2023

VCN - Since the beginning of the year, the phenomenon of illegal transport of goods across the border in Lang Son province has been showing signs of appearing at some border gates. In particular, taking advantage of the border terrain and weather, many subjects defied to transport "dirty" food items from abroad to domestic market for consumption and profiteering. Facing that situation, the competent forces in Lang Son province have been launching many solutions to prevent that situation from happening, which affects consumers' health.

Reduce operating interest rates to promptly support businesses

10:11 | 28/03/2023

VCN - For the first time in two years, the State Bank of Vietnam (SBV) has decided to cut some operating interest rates from 0.5-1%. According to experts, this is a very flexible and timely decision.

Public investment to be the foundation for the development of the stock market

10:11 | 28/03/2023

VCN - Effectively implementing public investment is considered one of the most feasible solutions at the moment to support economic recovery and development in 2023, thereby helping to create a foundation for the development of Vietnam's stock market in the long run.