Business News

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Việt Nam to become a high-income country by 2045.

As much as US$1.27 billion of FDI was poured into real estate in January, accounting for 53.9 per cent of the total registered capital and doubling the figure recorded in the same period last year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam Renewable Energy EXPO 2024 will be one of the first & largest renewable energy expos in Vietnam and combine with exhibition, conference, technical showcase and match-making session.

HCM City is calling for investment in three planned wastewater treatment projects to treat about 365,000 cubic metres of wastewater a day in Thủ Đức City. The planned wastewater treatment projects include Bắc Sài Gòn 1 with a capacity of 700,000cu.m per day, Bắc Sài Gòn 2 with a capacity of 130,000cu.m per day and Suối Nhum with a capacity of 65,000cu.m per day.

HCMC’s consumer price index (CPI) edged up 2.76% year-on-year in January 2024, according to the city’s Statistics Office. This figure was lower than the national average of 3.37%. The country’s inflation target is at below 4% for this year.

The amended Land Law which was passed at the 15th National Assembly’s fifth extraordinary session in mid-January is expected to provide a firm legal framework to enhance land management efficiency and create new momentum for Việt Nam to become a high-income country by 2045.

A source from Trung An High-tech Farming JSC, based in Can Tho city, revealed that though the company’s rice export volume to the EU and US is not as big as to Asian markets, the volatility of shipping costs have affected the company’s operations.