Business News

In the first half of October, the nation earned US$14.2 billion from exporting, raising the total export value from the beginning of the year to October 15 to US$272.74 billion, a decrease of over US$24 billion in comparison with the same period last year.

The Ho Chi Minh City office market has shown signs of vibrancy in Q3 with the introduction of two new office buildings in Thu Thiem New Urban Area of Thu Duc City, spanning 85,000 square metres in total. The Mett and The Hallmark are both Grade A buildings in a convenient location only five minutes from Nguyen Hue Boulevard – the heart of Ho Chi Minh City – with green certificates. Both have achieved positive pre-commitment leasing results.

Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.

Digital data has been an important and crucial part of development for 23 years. In digital transformation, digital data is increasingly recognised as having a clearer and more important role. This is reflected in the fact that we have chosen 2023 as the year of national digital data, promoting digital transformation in all industries, at all levels, and among all-people on a national scale.

Vietnam established a steering committee, led by Deputy Prime Minister Le Minh Khai, on October 6 to guide the development of a new international financial hub, underscoring its ambition to elevate its global financial stature.

The Government of Việt Nam is determined to develop a digital government, digital economy, digital society and form digital technology enterprises with global competitiveness. Prime Minister Phạm Minh Chính made this statement during a special event held in Hà Nội on Tuesday to mark the National Digital Transformation Day 2023 with the theme "Exploiting digital data to create values".

Statistics from the Foreign Investment Agency showed that Vietnamese enterprises have expanded their outbound investments across 14 sectors. The wholesale and retail sector took the lead with 26 new investment projects and six projects involving capital adjustments, accounting for 36.1% of the total outbound investment capital.

Under the strategy for deposit insurance development until 2025, with a vision towards 2030, the Government aims to ensure 45 per cent of depositors understand the core contents of the deposit insurance policy by 2025 and raise this percentage to 50 by 2030.