Việt Nam News

Sustainable development is not just a destination; it’s the way we live, work and create value every day. ESG is not merely a strategy; it is a culture and a consistent operating approach that must be deeply ingrained in the mindset and actions of every Phenikaa individual.

Many banks have established green transition steering committees, embedded the ESG criteria in their business strategies, and expanded funding for environmentally-friendly sectors.

In May alone, the country welcomed 15,100 new enterprises with a total registered capital of VNĐ156.7 trillion (over US$6 billion) and around 98,100 employees.

Việt Nam needs a “clear and transparent legal framework,” including policies to support private enterprises as outlined in a recent National Assembly resolution, speakers said at a business forum.

During this period, the country’s total trade turnover hit $355.79 billion, up 15.7 per cent from last year's figure.

The economies subject to enhanced scrutiny expanded to nine, including Việt Nam, China, Japan, South Korea, Taiwan, Singapore, Germany, Ireland and Switzerland.

Cybercriminals are increasingly exploiting Gen Z’s love for anime (Japanese animated film) and other popular streaming content to carry out cyberattacks, according to global cybersecurity firm Kaspersky.

In May alone, budget revenue was recorded at VNĐ39.78 trillion, down slightly by 1.4 per cent compared to the previous month, partly reflecting local disruptions in the global commodity market.

One of the key programmes being promoted is a credit package of VNĐ100 trillion for the agriculture, forestry and fishery sectors.

Starting June 1, business households with large annual revenues have been required to transition from lump-sum tax payments to payments based on actual revenue.

In major urban centres such as HCM City, where green mobility is being aggressively promoted under Resolution 98, electric vehicles (EVs) and fuel-efficient alternatives are seen as key to reducing emissions and modernising transport infrastructure.

According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), seafood exports to China surged by 57 per cent year-on-year, reaching US$716 million. As of the first four months of 2025, China overtook the US to become Việt Nam’s largest seafood export market.

Industry analysts believe that the sweeping price cuts and demand-stimulus measures introduced earlier this month are critical steps to revitalise Việt Nam’s auto market following a prolonged period of sluggish sales.

Việt Nam expects to make a significant shift in its gold trading policies as the Prime Minister has ordered that amendments to Decree 24/2012/NĐ-CP be completed by June. This move would pave the way for businesses to legally import gold, helping resolve the long-standing imbalance between supply and demand in the domestic market.

Market breadth leaned slightly negative, with 168 stocks declining against 143 advancing.

Việt Nam’s economy is expected to grow steadily in the coming years, despite global uncertainties that may weigh on foreign investment and exports, according to the OECD’s latest Economic Outlook.

This vibrant recovery is attributed to several key factors, including positive market sentiment, attractive valuations and the return of foreign investment.

The Việt Nam Chamber of Commerce and Industry (VCCI) on Thursday launched the 2025 Programme on Benchmarking and Announcing Sustainable Companies in Việt Nam (CSI 2025), aiming to foster a business community that values responsibility, resilience and sustainable growth.