Economy

NovaGroup Joint Stock Company (NovaGroup) has just registered to buy 8 million shares of Nova Real Estate Investment Group Joint Stock Company (Novaland) by a transfer of share ownership. ​

Retail prices of oil and petrol increased starting from 3pm on October 11, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.

The Department of Agriculture and Rural Development of Quang Ngai has proposed the provincial People’s Committee and central agencies pay more attention to investment in infrastructure at local fishing ports.

The Ministry of Transport has allocated nearly 8.6 trillion VND (359.3 million USD) for the second phase (2021-2025) of the North-South Expressway’s eastern section.

Long An's goal is to become an industrially developed province and an important production centers of the southern region. The provincial government pays special attention to administrative reform.

The Agricultural Extension Vegetable Garden under the Agricultural Service Center of Long An province not only produces clean and quality products, but also serves as a place for farmers to learn and exchange farming experiences.

Tax revenues grew on a yearly basis but were falling month-by-month, according to Deputy Director of the General Department of Taxation (GDT) Dang Ngoc Minh.

Switzerland newspaper Agefi recently ran an article titled “Le Vietnam et les nouveaux tigres asiatiques”, affirming that Vietnam has become one of the emerging economies which holds an important role in Asia.

Bac Giang has rolled out various measures to enhance the value of its agricultural sector, including promoting circular economy, expanding organic farms and encouraging the use of organic fertilizers in farming activities.

Vietnamese businesses are expected to face headwinds from inflation, tightening monetary policy and a growing cost-of-living crisis in many of the country’s export markets, experts have warned.

According to a report, in 9 months of 2022, Long An kept attracting FDI with 43 projects, with a registered capital of over 307 million USD, an increase of 2 projects over the same period last year.

The agricultural sector is aiming for a growth rate of 2.8-3% this year, higher than the growth of 2.5-2.8% assigned by the Government, according to the Ministry of Agriculture and Rural Development.