Economy

The personal financial assets market in Vietnam is forecast to reach hundreds of billions of US dollars in the next few years, providing significant opportunities for wealth management services.

The Vietnamese pharmaceutical industry is seeing great advantages.

Domestic airfares have been cooling down, with the prices on many routes even halving as compared with those during the National Reunification (April 30) and May Day holidays.

After the Covid-19 pandemic, businesses have adapted to the new situation, overcome obstacles and difficulties, and been proactive in the production and business process.

Converting crop structure on ineffective rice land to annual and perennial crops or combining aquaculture help improve land use efficiency and increase income for producing households.

The industrial real estate market held steady in the first months of this year, which experts said was mainly thanks to rebounding imports and exports, and increasing influx of foreign investment.

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.

The State Bank of Vietnam said that it has directed its branches in provinces and cities to closely monitor the developments of the local gold market, and at gold trading locations.;

On May 15, Ho Chi Minh City Trade and Investment Promotion Center, Ho Chi Minh City Food Association held the opening ceremony of Ho Chi Minh City FOODEX 2024.

Recently, Long An has focused on investing in many fields, especially in traffic infrastructure connecting with logistics centers associated with industrial parks and seaports to support businesses in production and export.

Vietnam raked in 2.7 billion USD from exporting aquatic products in the first four months of 2024, representing a year-on-year increase of 6%, the Association of Seafood Exporters and Producers (VASEP) has reported.

Inflationary pressure may increase between now and the year’s end due to impacts of multiple factors, requiring the Government take proactive and flexible actions, some experts have said.