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The World Bank (WB) is considering extending financial support ranging from US$5 billion to US$7 billion to Vietnam for the implementation of major traffic infrastructure projects over the next three years.

Sales of construction steel in September grew 9% against the month earlier and 4% year-on-year to 958,560 tons, according to the Vietnam Steel Association.

The Ministry of Industry and Trade (MOIT) has published a list of products that could potentially be subjected to U.S. trade remedies and origin fraud investigations.

Vietnam has imported more than eight million cubic meters of fuel in the first nine months of the year, with the largest share coming from South Korea.

The Vietnamese railway sector will start selling tickets for the 2024 Lunar New Year to groups from October 15 and individuals from October 20.

The State Bank of Vietnam (SBV), the central bank, has drained nearly VND146 trillion from the banking system through 13 recent short-term bond auctions.

India’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into stainless steel pipes imported from Vietnam and Thailand.

The HCMC Department of Transport has proposed developing a central station for the North-South high-speed railway in Thu Thiem and a rail link between Thu Thiem and Long Thanh in Dong Nai Province.

Vietnam’s outbound investments amounted to US$416.8 million in the first nine months of the year, a 4.6% increase compared to the same period of last year.

Vietnam’s consumer price index (CPI) in September has surged by 1.08% compared to the previous month, the highest level for this month in the last five years, according to the General Statistics Office.

The Vietnam Expressway Corporation (VEC) is planning to raise toll fees on its four expressways this year to secure the viability of its financial strategy and enhance its debt repayment.

Vietnam achieved an all-time high in rice export value in the first nine months of this year, driven by the increasing prices of exported rice, reported the Ministry of Agriculture and Rural Development.

The index of industrial production (IIP) of Hanoi in September rose by a slight 0.7% versus August and 3.5% year-on-year.

In response to tough business conditions, more than 1,200 enterprises in HCMC are planning to cut jobs this year, reported the Centre for Forecasting Manpower Needs and Labour Market Information HCM City (FALMI).

The Australian Government has committed financial assistance to Vietnam for a study on the planning of four airports from 2021 to 2030.

With 35-55 million cubic meters of sand extracted each year, the Mekong Delta’s sand reserves could be completely depleted before 2035, according to research from the World Wide Fund for Nature (WWF) in Vietnam.

Vietnamese banks and foreign bank branches in Vietnam must lower the ratio of short-term capital used to make medium- and long-term loans to 30% from the current 34%, with effect from October 1, according to the State Bank of Vietnam (SBV).

The State Bank of Vietnam (SBV) has withdrawn nearly VND90 trillion from the banking system through six consecutive rounds of Treasury bill auctions.

In response to the Nipah virus outbreak in India, HCMC authorities are taking measures to monitor individuals entering Vietnam from affected areas.

The Visa Global Travel Intentions Study (GTI) 2023 has shown that nearly all Vietnamese respondents are inclined to use cashless payment methods while traveling to streamline transactions and enhance their overall travel experience.

The Vietnam Sugarcane and Sugar Association (VSSA) has voiced its suspicion over Indonesia having dumped sugar on the Vietnamese market in recent years, as its export prices were below local prices and the fair market value.

HCMC authorities have issued updated regulations on work permits for foreigners.

A memorandum of understanding to establish a sister partnership between HCMC and New York City was signed on September 22, with Vietnam’s Prime Minister Pham Minh Chinh witnessing.

Prime Minister Pham Minh Chinh has invited U.S. companies to increase their investments in Vietnam, fostering a mutually beneficial relationship and aiding the implementation of the newly established comprehensive strategic partnership between the two nations.

Tran Van Tuynh, former director of the management board of a healthcare development project in Bac Ninh Province, and Nguyen Hong Son, deputy general director of Advanced International JSC (AIC), were arrested yesterday, September 22.