☕ Afternoon briefing on January 17
The following is a brief review of the day’s events as reported by the Vietnam News Agency.
The following is a brief review of the day’s events as reported by the Vietnam News Agency.
Vietnam, an emerging financial centre, is seizing a “golden opportunity” to become a competitive player in the international financial arena with progressive legal frameworks and standout initiatives, according to Minister of Planning and Investment Nguyen Chi Dung.
Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.
Swiss broadcaster SRF has highlighted Vietnam's remarkable economic achievements, saying the country is emerging as one of the world’s fastest-growing economies.
Permanent Deputy Prime Minister Nguyen Hoa Binh has demanded ministries, sectors, and localities to concentrate on five key tasks to make it easier for developing international financial centres in Vietnam.
The Southern Coastal Economic Zone of Hai Phong has officially come into being, expected to broaden the development space and growth momentum for the northern port city.
Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.
Tan Son Nhat International Airport in Ho Chi Minh City is gearing up for an unprecedented surge in both flights and passengers during the 2025 Lunar New Year (Tet) holiday.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,341 VND/USD on January 17, up 8 VND from the previous day.
The Ministry of Industry and Trade (MoIT) has issued a directive, urging agencies to stimulate consumer demand and promote domestic goods during the Tet (Lunar New Year) holiday and the first quarter of the year.
By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.
Remittances to Ho Chi Minh City in 2024 reached over 9.5 billion USD, up 0.9% year-on-year, the State Bank of Vietnam (SBV)'s branch in the city announced on January 16.
The retail prices of petrol were revised upward on January 16 following the latest adjustment by the Ministries of Industry and Trade, and Finance.
The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.
The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.
With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.
Prime Minister Pham Minh Chinh has required accelerating the development of the domestic market and the stimulation of consumption on the occasion of the Lunar New Year (Tet) 2025.
Prime Minister Pham Minh Chinh signed an official dispatch on January 15, ordering ministries, sectors, and localities to strengthen oversight and address real estate market manipulation and speculation.
The Prime Minister has approved investment policy for infrastructure development at the Nam Trang Cat industrial zone in the northern port city of Hai Phong.
Remittances to Vietnam in 2024 are estimated to reach about 16 billion USD, showing the confidence of overseas Vietnamese in the domestic situation.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,333 VND/USD on January 16, down 5 VND from the previous day.
The Japan International Cooperation Agency (JICA) officially signed a loan agreement with the Tien Phong Commercial Joint Stock Bank (TPBank) under the Private Sector Investment Finance (PSIF) project on January 14.
Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son hosted a reception in Hanoi on January 15 for Ali Ijaz Ahmad, Chief Executive Officer of Singapore-based Makara Capital, urging the group to support Vietnam in developing international financial centres.
Food producers in the Cuu Long (Mekong) Delta are ramping up production under their 'One commune - One product' (OCOP) programme to meet demand for the upcoming Tet (Lunar New Year) festival.