Deposit rates climb to 8.5% in Vietnam

Deposit rates climb to 8.5% in Vietnam

Economy

Many commercial banks in Vietnam have raised deposit rates to up to 8.5 percent per year, reflecting intensifying competition among lenders to secure capital.

Vietnam raises fuel prices sharply again

Vietnam raises fuel prices sharply again

Economy

The Vietnamese Ministry of Industry and Trade raised retail fuel prices sharply at 11:00 pm on Thursday.

Vietnam-China railway links must be strategic breakthrough: Party chief

Vietnam-China railway links must be strategic breakthrough: Party chief

Economy

Railway links between Vietnam and China must be identified as a strategic breakthrough in bilateral economic ties, Party General Secretary To Lam said at a working session with representatives of several ministries, agencies, and localities at Dong Dang Railway Station in Lang Son Province, northern Vietnam on Thursday.

Circular economy training supported by Germany, Netherlands helps cut waste in Vietnam

Circular economy training supported by Germany, Netherlands helps cut waste in Vietnam

Economy

Circular economy classes, conducted in Vietnam in cooperation with the German and Dutch governments, are helping domestic businesses transition to a circular economy and reduce waste released into the environment.

Northern Vietnam job fair offers over 110,000 positions as firms ramp up hiring

Northern Vietnam job fair offers over 110,000 positions as firms ramp up hiring

Economy

More than 110,000 job openings were offered at a job fair in Bac Ninh Province, northern Vietnam on Wednesday that was linked online with 10 northern provinces and cities, as businesses ramp up hiring to meet expanding production demand.

Vietnam needs highly skilled lawyers to support int’l financial center: bar association official

Vietnam needs highly skilled lawyers to support int’l financial center: bar association official

Economy

Vietnam must develop a new generation of highly qualified lawyers to support the operation of its International Financial Center (IFC) facilities, as the country works to build a credible legal environment capable of attracting global investors, according to Nguyen Hai Nam, vice-president of the Vietnam Bar Federation.

Milano, Highlands among SE Asia’s largest coffee chains: report

Milano, Highlands among SE Asia’s largest coffee chains: report

Economy

Vietnam’s coffee chain market is among the fastest-growing in Southeast Asia, with popular brands Milano Coffee and Highlands Coffee listed among the region’s largest operators, a report released on Monday by Momentum Works showed.

Vietnam’s hiring demand expected to surge in Q2, led by construction, property sector

Vietnam’s hiring demand expected to surge in Q2, led by construction, property sector

Economy

Vietnamese businesses intend to expand their workforce in the next quarter, with the construction and real estate sector leading recruitment demand as Vietnam accelerates infrastructure development and urban expansion.

V-Green to spend $380mn on 99 ultra-fast EV charging stations across Vietnam

V-Green to spend $380mn on 99 ultra-fast EV charging stations across Vietnam

Economy

V-Green Global Charging Station Development JSC, a Vingroup subsidiary, on Tuesday announced its plan to invest some VND10 trillion (US$380 million) in the development of 99 ultra-fast electric vehicle (EV) charging stations throughout Vietnam this year.

China willing to import more goods from Vietnam

China willing to import more goods from Vietnam

Economy

China is prepared to expand imports of high-quality goods from Vietnam, particularly agricultural products, in a move aimed at fostering balanced trade between the two countries, Chinese Minister of Foreign Affairs Wang Yi said at a high-level bilateral meeting in Hanoi on Tuesday.