JAPANESE RETAIL BUSINESSES WANT TO EXPAND IN VIETNAM
“This rate decreased by 3.3 percentage points compared to the 2022 survey. Although expansion ambitions remain high, Vietnam is the only country among the six key Southeast Asian countries with a reduced expected expansion rate,” said Matsumoto.
THE REVERIE SAIGON’S SPECTACULAR FESTIVE PROGRAM FOR LUNAR NEW YEAR 2024
This Lunar New Year, The Reverie Saigon invites you to immerse yourself in a celebration of traditions, flavours, and joy with our extraordinary Festive Program. From delightful dining experiences to exclusive events, we have curated a line-up that captures the essence of the season and welcomes the Year of the Dragon in grandeur.
TẾT SEASONAL SET MENU
Beyond the delectable flavors, dining during Tet celebrates joy, a time when cherished ones come together. We embrace timeless Vietnamese traditions this Lunar New Year as we introduce a fresh perspective with our Seasonal Tet Set Menu.
CASHEW FIRMS PROPOSE TO EXPAND RAW MATERIAL AREAS
Though Việt Nam was the fourth largest cashew producer in the world, the country's cashew output only met about 12 per cent of the needs of processing enterprises, the association said, adding that the sector imported a record quantity of 2.9 million tonnes of raw cashew in 2023.
INFLATION CONTROL UNDER PRESSURE FROM ALL DIRECTIONS
The government’s key annual resolution on tasks to implement the country’s socioeconomic development plan and state budget estimates for the year has underlined the need for authorised agencies to closely follow the world’s economic situation in order to take proper action domestically to rein in inflation at 4-4.5 per cent, as set by the National Assembly (NA).
LAND LAW UPDATES OFFER GRAND REAL ESTATE FOUNDATION
At an extraordinary session in Hanoi on January 18, the 16 chapters and 260 articles of the law were given the green light. According to Vu Hong Thanh, Chairman of the National Assembly’s Economic Committee, the law has been prepared thoroughly by authorities at various levels.
RETAIL AND CONSUMER INDUSTRY SET FOR STRONG RECOVERY IN 2024
Consumer activities and shopping are back in full swing, as indicated by the latest data from the Ministry of Industry and Trade. December 2023 witnessed vibrant service trade activities, driven by preparations for major year-end holidays and the arrival of the new year in 2024.
MAJOR BANKS CONTINUE CUTTING DEPOSIT INTEREST RATES
Vietcombank last week cut its rate by 0.2 per cent per year for terms under 12 months, pulling interest rates for 1-2 month, 3-month and 6-9-month deposits down to 1.7 per cent, 2 per cent and 3 per cent per year, respectively. The highest interest rate at the bank is 4.7 per cent per year when customers deposit for 12 months or more.
