Việt Nam News

Economists say the region's next phase of development will depend less on low-cost manufacturing and more on its ability to deepen regional integration, strengthen domestic demand and build the infrastructure needed to support higher-value industries.

Deputy Prime Minister Nguyễn Văn Thắng received Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), in Hà Nội on June 8.

After more than a decade of cooperation in trade promotion and business support, relations between the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade and the Trade Facilitation Office Canada (TFO Canada) are entering a new phase, shifting from technical assistance towards a strategic trade partnership.

The selected businesses are expected to lead technological innovation and spread it throughout the value chain.

EVN has defended its 2025 profit surge and VNĐ152 trillion ($5.8 billion) in bank deposits, saying the funds are needed for operations, debt repayments and future investments, while accumulated losses remain at the parent company.

Investor sentiment was negatively affected by renewed tensions in the Middle East, prompting a more cautious approach toward risk assets and triggering sell-offs across multiple sectors.

Under its summer operating plan, the group will operate around 28,300 domestic flights, offering close to 5.5 million seats.

The sea must be recognised as a strategic national development space where economic growth, national defence, security, science and technology, and international integration converge, said Party General Secretary and State President Tô Lâm.

Masan Group Corporation has got a US$750 million underwritten, senior unsecured syndicated loan facility for six years tenor at a 1.8 per cent interest rate.

Thường Tín Commune tops the list with 10 projects, followed by Ô Diên Commune with seven projects; and Phúc Thịnh Commune, Tây Phương Commune, Tây Tựu Ward and Đại Mỗ Ward with six projects each.

Việt Nam is accelerating efforts to expand cashless payments, with the Government targeting transaction values equivalent to 30 times GDP by 2030 as part of its broader digital finance strategy.

Việt Nam’s industrial production maintained strong momentum in the first five months of 2026, with the Index of Industrial Production (IIP) rising by 9.1 per cent year-on-year.

Việt Nam targets that by 2030, 95 per cent of people aged 15 and above will have bank transaction accounts, while the value of cashless payments will reach 30 times GDP.

In the first five months of 2026, Việt Nam’s total outbound investment, including newly registered and adjusted capital, amounted to US$794.6 million, 2.5 times higher than the figure recorded a year earlier.

The ABTC is a travel document issued to eligible businesspersons, enabling visa-free entry into participating APEC member economies. The card is available in both physical and electronic formats, which carry equal legal validity.

Beyond logistics, rising platform-related expenses are also placing growing pressure on online merchants.

The Ministry of Finance has proposed a risk-based taxpayer classification system while reaffirming requirements for banks to share account information with tax authorities to strengthen compliance, transparency and tax administration.

Việt Nam is seeking an overhaul of its legal framework for marine resource management in a bid to unlock new growth opportunities in the blue economy while ensuring sustainable use of marine ecosystems.