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HoSE to launch KRX trading system on May 2

On April 30, securities companies will conduct the transition test. The trading date on the new KRX system is May 2. The trading data will be based on the end-of-day data from April 26.

VN central bank cancels gold bar auction

The State Bank of Vietnam announced on April 22 that it has cancelled the auction of SJC-branded gold bars, which had been set for 10am the same day.

Supply-demand mismatch drive sharp increase in apartment prices

Due to limited new supply and high demand for real estate purchases, apartment prices are predicted to continue rising.

VN central bank to sell 16,800 taels of gold bullion to stabilize local market

The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 23 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.

Majority of credit institutions forecast profit growth in 2024

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).

Vietnam becomes biggest rice supplier for Singapore

Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore.

Inaccurate information related to preferential tax for ST24, ST25 rice to EU

The International Cooperation Department under the Ministry of Agriculture and Rural Development confirmed the inaccurate information regarding Vietnamese fragrant rice of ST24 and ST25 benefiting preferential taxes in the European Union market.

Many coastal projects in Da Nang left idle for years

Many projects located on golden land plots in coastal areas of DaNang, licensed by local authorities to develop tourism, have been left idle for decades.

Shrimp exports to major markets bounce back

Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.

Vietnam's economy begins to absorb capital

The resurgence of credit suggests that the economy has started to absorb capital. Experts suggest that low interest rates will continue to be effective as the economy rebounds.

Factors influencing Vietnam’s FMCG market

Kantar Worldpanel has a positive outlook for Vietnam’s economy, saying that despite obstacles and short-term headwinds, the long-term economic trajectory remains robust.

Ministry proposes purchasing renewable electricity mechanisms

The draft decree stipulates that buyers must be organizations or individuals using electricity for production from a voltage level of 22 kV or higher, with an average monthly consumption of 500,000 kWh.

Electronic invoices improve transparency of petroleum market

Technology experts say that using e-invoices is necessary to achieve a transparent petroleum distribution market to prevent unofficial products and false statements about petroleum output.

VN outlines strategy to boost domestic automobile industry

The strategy should also aim to increase the market share of domestically produced automobile products gradually, with the intent to replace imported products.

Nine Vietnamese rice varieties exempt from tariffs in EU market

Vietnam has nine fragrant rice varieties that enjoy tax incentives within their export quota into the European Union, but there are no world’s best rice varieties ST24 and ST25.

Positioning Phu Quoc for the future

Former head of the Vietnam Economics Institute Tran Dinh Thien has offered suggestions for policies to help Phu Quoc integrate into the world and become internationally competitive.

VN to have many opportunities from digitalisation, green transformation: IMF

VN economic growth is predicted to expand by about 6.5 per cent this year based on numerous potentials, significant foreign direct investment, and ongoing efforts to improve the business environment and infrastructure.

SBV turns on mood for market intervention to stabilise exchange rates

The global political and economic situations have caused the currencies of many countries to depreciate significantly, including those of strong economies, by around 3-9 per cent.

Ministry requests Hanoi to inspect rising prices of apartments

The Ministry of Construction has asked the Hanoi People’s Committee to inspect projects and apartment complexes with sudden price hikes, to better regulate the city’s real estate market.

VN sees great potential for development of electric motorbikes

The potential for developing the electric motorbike market in Vietnam is significant.