Loans to small businesses a booming business
The business of providing loans to small and medium firms is booming in Vietnam with the rise of several platforms offering more accessible credit than …
Category: Economy
VN-Index bounces back after tumble
Vietnam’s benchmark VN-Index rose 1.47 percent to 1,166.48 points Thursday but with plunging trade. The index closed nearly 17 points higher after losing …
Southeastern localities lead in worker incomes
Workers in the southeast region continue to earn the highest incomes nationwide at VND8.5 million ($364) a month in the second quarter, up 8.5 percent from the …
VN-Index hits eight-session low
Vietnam’s benchmark VN-Index dropped 1.19 percent to 1,181.29 points Tuesday, the lowest since June 22. The index closed 14.24 points lower after losing over …
Vietnamese currency hits 2-year low against dollar
Vietnamese banks on Monday traded the dong against the U.S. dollar at the lowest rate in two years as the greenback strengthens globally amid economic …
Gasoline prices fall for first time in 10 weeks
Vietnam’s gasoline prices dropped by 0.3-1.3 percent Friday, the first drop after seven consecutive upward adjustments since April 12. The price of popular …
Finance ministry proposes tax cuts on gasoline
The Ministry of Finance has apprised the government of its plan to reduce special consumption tax and value-added tax on gasoline to bring its prices down. The …
Q2 GDP growth highest since 2011
Vietnam’s GDP rose 7.72 percent year-on-year in Q2, the highest since 2011, driven by a strong rebound in manufacturing as the economy recovers from two …
Industries hit hard by rising fuel prices
Sao Viet Bus, which operates on the northern route Hanoi – Lao Cai Province, is struggling to survive as the price of fuel, which accounts for 50 percent of …
Blue or white, no respite: labor shortage dogs firms
Companies in Vietnam continue to face difficulties in recruiting both white and blue collar workers to fuel their post-Covid recovery operations. “Every …