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BUSINESS NEWS IN VIETNAM IN THE FORTH WEEK OF OCT2024

Following are the highlights of Business News in the forth week of October 2024: Chinese e-commerce platform Temu operates in Vietnam without license; Ho Chi Minh City launches new innovation ecosystem for businesses; Land on downtown Ho Chi Minh City streets priced at $27,000 per sqm; and the last news is Vietnam Stock Market that closed in red as global shares headed for weekly loss.

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BUSINESS NEWS IN VIETNAM IN THE FIRST WEEK OF OCT2024

Following are the highlights of Business News in the first week of October 2024: Vietnam Q3 GDP grows 7.4% on robust exports, industrial production; Vietnam’s 2024 rice imports projected to hit record of $1bn; Dollar gains on black market, skyrockets among peers; and the last news of Vietnam Stock Market that ended the week with third consecutive decline.

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BUSINESS NEWS IN VIETNAM IN THE SECOND WEEK OF SEP2024

In the second week of Sep2024, the north Vietnam has had terrifying experiences of typhoon, flood and landslide. Below are the highlights of Business News in this week: Foreign trade of Vietnam expected to set new record in 2024; Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi; The exchange rate Dollar against Vietnam Dong continues to slip; VN-Index decreases as global stocks gain.

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Vietnam records at least 30,000 F&B store closures in the first half of 2024

The food and beverage (F&B) sector in Vietnam saw the closure of more than 30,000 businesses in Jan-June that was reported on 31Aug2024 by iPos, a platform that provides management solutions for over 100,000 restaurant and café businesses. Meanwhile the number of new store openings remained modest during the first six months of the year.

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