Việt Nam News

Bad debts of the banking system have been continually improved, with the growth rate staying low at around 2 per cent after hitting more than 15 per cent in the first quarter of 2025 in the wake of an expiry of a Government’s debt restructuring policy.

While the number of sectors witnessing positive net profit growth experienced a decline compared to Q2 2025, the overall growth rate for net profit reached unprecedented levels in recent quarters.

The data centre market in Việt Nam is in the midst of explosive growth, evolving from a mere technical infrastructure to becoming a coveted high-tech real estate asset that attracts global investors, experts said.

The northern province of Bắc Ninh is accelerating efforts to expand and modernise its private sector, targeting 85,000 enterprises by 2030 while developing a high-quality pool of entrepreneurs, according to Nguyễn Đình Hiếu, Director of the provincial Department of Finance.

The Government proposed raising the revenue threshold exempt from tax for business households from VNĐ200 million (over US$7,580) to VNĐ500 million per year.

The workshop aimed to raise awareness, offer technical knowledge and create a digital connection platform to support cooperatives in their integration journey.

Cuba remains one of Việt Nam’s 10 key markets in Latin America, while Việt Nam is now Cuba’s second largest partner in the Asia-Pacific. Việt Nam is also Cuba’s largest Asian investor, and one of its leading foreign investors overall, with seven active projects spanning construction materials, consumer goods, industrial park infrastructure, and energy.

After the IPO, VPBankS became the second-largest securities company in Việt Nam by equity.

The daily service, operating one flight per day, marks a significant step in the airline’s market expansion in Việt Nam and reinforces the strength of its regional network.

Another bright spot in today's trading saw foreign investors return to net buying on the southern exchange, spending over VNĐ637 billion, representing the highest inflow in nearly a month.

Việt Nam and China have launched a bilateral QR payment link, enabling seamless cross-border transactions for travellers and businesses.

The Saigon Beer-Alcohol-Beverage Corporation (SABECO) is stepping up efforts to integrate sustainability into its business model, positioning green manufacturing as a driver of competitiveness in Việt Nam’s fast-moving consumer goods (FMCG) sector.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 53.8 in November, down slightly from 54.5 in October but still signalling a solid monthly improvement in business conditions in the manufacturing sector despite storm disruption.

The move is to offset operating costs and maintain technology and security systems, as well as clean up customer data and handle inactive accounts.

The US Dollar Clearing Elite Quality Recognition Award is an annual accolade granted by JP Morgan to financial institutions around the world, based on transaction volume and the quality of fully automated end-to-end processing. The award serves as a key benchmark for assessing efficiency, accuracy, and the level of standardisation in international payment operations.

Takeda’s vision is to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet.

In 2024, Việt Nam imported over C$550 million in Canadian agri-food and seafood products, making it Canada’s second-largest export destination in ASEAN for these products.

The State Bank of Vietnam has licensed MobiFone Digital Payment Joint Stock Company (MDP) to conduct intermediary payment services.