Vietnamplus

Hanoi police have warned people against illegal foreign exchange trading platforms on the internet which have swindled many out of their money.

China has approved another 47 farming area codes and 18 packaging facility codes for importing durian from Vietnam, according to Ministry of Agriculture and Rural Development.

Several measures have been suggested at an online seminar held by the Government Portal on May 28 to help the corporate bond market maintain its stability and operate in line with law to aid economic growth.

Buyers of condotels, officetels and resort villas can have ownership certificates from May 20 under a new decree guiding the implementation of the Land Law.

A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said.

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure.

There is plenty of room available for Vietnamese goods to enter the UK market, said Thai Tran, Managing Director of TT Meridian, an international logistics and trading company specialising in the UK and Vietnam markets and the first Vietnamese business in the UK to open an all-cargo air route between the nations via Turkmenistan.

The Ministry of Labour, Invalids and Social Affairs (MoLISA) is carrying out measures to create sustainable employment, as many businesses are forced to cut the number of their employees, although the labour market is showing signs of recovery in the second quarter of this year.

The stock market is expected to see more investment opportunities for the medium and long term in the second quarter of 2023, according to analysts.

The Association of Southeast Asian Nations (ASEAN) remains an important market of Vietnam with export revenue hitting 10.85 billion USD in the first four months of this year, accounting for 10% of the country’s total.

The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the stagnant real estate market.

Revenue in the luxury goods market in Vietnam will amount to 957.2 million USD in 2023, and grow annually by 3.23% in the 2023-2028 period, according to Statista, a statistics portal for market data.

Raising or keeping the current ceiling price and floor price for domestic air tickets remained a contentious issue among National Assembly deputies.

There is great potential for Vietnam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thi Thang at the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hanoi on May 23.

Permanent Deputy Foreign Minister Nguyen Minh Vu on May 22 chaired a meeting between the Steering Committee for Economic Diplomacy and representative agencies of Vietnam abroad to evaluate impacts, challenges and opportunities from new regulations of markets to wood and forestry sector of Vietnam, and seek ways to support the sector in promoting exports.

Vietnamese bird's nests see great potential for export to Chinese market as people in China and Chinese communities in other countries across the world spend about 5 billion USD on bird’s nests and products made from them.

Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.

Malaysia, with 62.7% of Asia-Pacific’s total Islamic banking assets, continues to be the largest Islamic banking market in the region; and is likely to maintain its position in the next two years, according to S&P Global Ratings.

The presence of foreign-invested enterprises in Vietnam's retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.

Occupations relating to information technology, high-tech and supporting industries are employment groups with high recruitment demand, experts have said.