Many companies in the sector have reduced production by 20-30 per cent, leading to workforce cuts and lower incomes. Some businesses, despite having annual budgets in the billions of đồng, have been forced to close their doors.
Speaking at the forum, Czech Minister of Finance Zbyněk Stanjura highlighted Việt Nam as their most important trade partner in the ASEAN region, with bilateral trade exceeding US$4 billion in 2024.
Vietnamese banks are injecting trillions of đồng into strategic infrastructure projects to support the country’s ambitious growth targets, though experts caution that the credit expansion brings underlying risks requiring clearer regulation and stronger fiscal discipline.
The recent 'earthquake' caused by the US’ imposition of reciprocal tariffs has once again sounded the alarm about a rapidly evolving and unpredictable global trade order.
The firm's good performance is attributed largely to the effective management of livestock and poultry diseases and sustained high prices for pigs.
While short-term fluctuations will undoubtedly impact fund performance, experts advise investors against attempting to trade mutual funds for quick profits.
SYRE is planning a US$1 billion investment in a polyester fabric recycling complex in Binh Dinh province, with the aim of turning Việt Nam into the world’s first high-tech circular textile hub meeting US and EU sustainability standards, aligned with Việt Nam's net-zero emissions goal.
Việt Nam attaches great importance to developing its Comprehensive Strategic Partnership with the US, and wishes to promote economic and trade relations in a balanced, stable, sustainable, and effective manner.
2025 marks the second consecutive year that Shinhan Life Vietnam has been honoured in the Golden Dragon Awards.
Organisations across Southeast Asia are facing a concerning rise in ransomware attacks, with businesses in the region experiencing an average of 400 attempted attacks per day in 2024, according to cybersecurity firm Kaspersky.
Eighteen outstanding leaders and businesses with excellent success in transforming business through talent and workplace development have been recognised with the Vietnam Excellence Awards 2025.
The rebound was underpinned by solid performances from blue-chip stocks, helping stabilise market sentiment and enabling investors to reallocate funds with greater confidence.
The early harvest season is projected to run from May 20 to June 15, and the main season from June 10 to July 20.
Closing 2024, Việt Nam's real estate mergers and acquisitions (M&A) market recorded growth. This market is forecast to continue its impressive development in 2025.
To meet this year's ambitious goals, the PM stressed boosting growth, stabilising the economy, controlling inflation and ensuring key economic balances.
The change signals a tightening of oversight, as the ministry is expected to review and verify all certifications issued by VCCI during the authorisation period.
PM Chính reaffirmed that Vietnamese goods do not pose unfair competition to US industries, noting that bilateral trade has long been mutually beneficial, particularly for American consumers. Việt Nam, he added, remains willing to negotiate on issues raised by the US, so long as its core interests are protected and its foreign policy principles upheld.
With its vast potential, Việt Nam's domestic market serves as a crucial “support base” for local enterprises, especially amid increasingly complex and unpredictable global economic fluctuations, delegates told at a seminar in HCM City on April 22.
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