Business News

The forestry sector targets to raise export value to US$17.5 billion in 2024, said Trieu Van Luc, Deputy Director of the Forestry Department under the Ministry of Agriculture and Rural Development.

Let's bid farewell to 2023 and welcome the new year at LOTTE HOTEL SAIGON.
With a vibrant color scheme filled with joy and color, LOTTE HOTEL SAIGON wishes you a happy and prosperous new year. As a luxurious and sophisticated hotel, LOTTE HOTEL SAIGON will provide an exciting adventure to explore promotional events and mark a memorable holiday season.

What are your most treasured New Year's Eve memories? There's always that unique blend of nostalgia and anticipation when we are on the verge of welcoming something new! Join us as we ring in 2024 with our special New Year's Eve Dinner and Countdown Party! Embrace the excitement of welcoming new beginnings and new opportunities as we say hello to another year full of surprises and promises!

According to the World Bank, Vietnam's Logistics Performance Index (LPI) ranking decreased by four places to 43rd in 2023. Despite this drop, Vietnam's LPI score increased to 3.3 points from 3.27 points in 2018, indicating gradual improvements, particularly in customs efficiency and infrastructure quality.

Many domestic real estate developers are expecting to cooperate with Japanese investors as strategic partners to receive capital and share the management capacity. In mid-December, CEO Group, GP Invest, and Sovico Group participated in a business matching event with a delegation of Japanese companies to discuss collaboration opportunities.

At the recent conference on tax and customs policies and administrative procedures for 2023, jointly organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Ministry of Finance, VCCI President Pham Tan Cong expressed appreciation for the resolute determination and reform efforts demonstrated by the Ministry of Finance, the tax sector, and the customs sector.

In the first 11 months of 2023, seven commodities of Vietnam posted export value of over 10 billion USD, accounting for over 60% of the country's total export turnover.

The experts made the recommendation because, while existing bad debts have not been resolved yet, new bad debts are estimated to surge when Circular 02/2023/TT-NHNN on debt restructuring and debt repayment postponement expires in June 2024.