Business News

Vietnam's economy grew by 5% in a challenging 2023 thanks to the Government's policies, according to the IMF. Property turmoil, financial stress and sharp decline in exports hurt the economy. Recovery started in late 2023 on reviving exports and tourism, as well as the support of appropriate expansionary fiscal and monetary policies. Inflation rose in 2024 mainly due to rising food prices although core inflation remained relatively low and stable.

Mr. Sami Kteily, Executive Chairman of Pebsteel Buildings, and Mr. Adib Kouteili, Co-Founder and Director of Pebsteel Buildings, tell about Pebsteel’s 30-year journey of innovation, resilience, and growth in Vietnam.

The Vietnam International Bakery Show 2024 (VIBS 2024) is organized by the Vietnam Bakery Associations and the Taipei Bakery Association, with the partnership of Asia Bakery Confectionery Joint Stock Company (ABC) and support from the Food and Foodstuff Association of Ho Chi Minh City (FFA) and the Vietnam Dairy Association (VDA). The event aims to promote trade and establish a strong and reputable business platform for the bakery industry in Vietnam. 

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

This training program aims at exploring the world of fine wines and wine appreciation. Participants shall progressively build confidence in their relationship with wine appreciation throughout the workshop, with a greater focus in Spanish and Latin-American wines.

According to a recent report by the National Assembly’s supervision delegation on the real estate market laws, policies and social housing development, about 3,63 commercial housing and urban development projects were initiated in 2015-2023, covering a total area of nearly 11,200 hectares.

Long An International Port is working with a number of global shipping companies to implement plans to transport goods internationally starting from 2025. According to Ngo Thi Thanh Vy, deputy general director of Long An International Port Management and Operations JSC, currently, Long An International Port is exploiting domestic containers from the north, central and south and vice versa.

Following four consecutive sessions of treasury bill issuance, interbank interest rates have rebounded. By October 23, overnight VND rates were at 3.83 per cent, while the one-week rate reached 3.99 per cent, an increase of 1.1 per cent and 1.03 per cent from the previous week.