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State budget revenue nears $33B in five months
State budget collection in the January-May period was estimated at over VND769.6 trillion (US$32.75 billion), equivalent to 47.5% of the estimates for the whole year, the Ministry of Finance reported on Thursday.
11 hydropower plants shut down due to water shortage
Eleven hydropower plants in northern Vietnam have shut down due to lack of water, summarily taking 5,000 megawatts out of the grid.
Gold prices edge up
SJC gold price gained 0.15% to VND67.1 million ($2,857.08) per tael Friday morning.
June 8, 2023 | 08:33 pm PT
Business activity stalled by load shedding
Businesses in northern Vietnam are struggling to keep operations going amid frequent load shedding as demand for scant power surges.
June 7, 2023 | 07:49 pm PT
New securities trading accounts quadruple in May
Nearly 105,000 stock trading accounts were opened in May, the highest number since last September and four times that of April, according to the Vietnam Securities Depository.
June 6, 2023 | 08:57 pm PT
Infrastructure upgrade needed to smoothen border trade with China
Border gates with China are being overwhelmed by the trade between the two countries, and need infrastructure upgrades.
June 6, 2023 | 06:50 pm PT
Vietnam spends over $2B on animal feed, material imports in 5 months
Vietnam spent US$2.04 billion to import animal feed and raw materials for the production of this kind of commodity in the first five months of this year, according to the Ministry of Agriculture and Rural Development (MARD).
June 5, 2023 | 07:53 pm PT
May industrial production index inches up 2.2%
The index of industrial production (IIP) in May increased by 2.2% against the previous month, according to the General Statistics Office (GSO).
June 4, 2023 | 09:00 pm PT
Government firm on not extending 6-month VAT rebate
The proposed VAT rebate was meant to be a short-term stimulant to the economy and therefore should not be extended, the government has insisted.
June 3, 2023 | 09:54 pm PT
Load shedding worsens plight of suburbs in sweltering Hanoi
A surge in demand amid declining hydropower production has forced Vietnam Electricity to cut power supply to a Hanoi suburb to ensure system safety.
June 2, 2023 | 10:32 pm PT
Nearly $7B raised through gov't bond auctions in five months
The State Treasury raised VND162.95 trillion (nearly $6.94 billion) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year.
June 2, 2023 | 09:53 pm PT
Lawmakers push government to utilize $42B in coffers
Lawmakers are urging the government to speed up the use of VND1,025 trillion ($42.57 billion) in state coffers for urgent projects to boost economic recovery.
June 2, 2023 | 03:40 pm PT
Over 700 durian trucks stuck at Vietnam-China border
Some 700 trucks, most of them carrying durian, are stuck trying to enter China from Vietnam’s Lang Son Province, thanks to high demand during the fruit’s harvest season.
June 1, 2023 | 06:09 pm PT
Rice export growth highest in 10 years
Rice exports have increased by 49% year-on-year in the first five months to US$2.02 billion, the highest growth in 10 years.
June 1, 2023 | 10:24 pm PT
People struggle to find jobs amid tanking economy
Many people find it difficult to get jobs as businesses downsize or simply do not have recruitment plans, a survey has found.
June 1, 2023 | 03:04 am PT
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