Việt Nam News

A leading textile company based in HCM City is at risk of being delisted from the HCM City Stock Exchange (HoSE) following a suspension of operations for one year, according to HoSE.

The stock market opened 2025 on an optimistic note, with the VN-Index inching closer to the 1,270-point mark. Despite this gain, liquidity remained subdued, showing continued weakness, while foreign investors returned to net selling, though at a moderate pace.

The retail petrol prices were adjusted up from 3pm on January 2 by the Ministry of Industry and Trade and the Ministry of Finance.

Japanese firms are increasingly turning to Việt Nam for tech talent as they address a looming IT workforce shortage and push for digital transformation.

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.

The total trade of goods through the Kim Thành International Road Border Gate No. 2 in the northern mountainous province of Lào Cai had exceeded US$1.6 million as of 2pm on January 1, of which nearly $929,000 came from exports.

With Việt Nam's electricity demand forecast to grow 10.5-13 per cent in 2025, experts urge manufacturing to adopt long-term strategies to mitigate risks from price and supply fluctuations.

On December 31, Deputy Minister of Industry and Trade Nguyễn Hoàng Long chaired an online conference with 63 provinces and cities to discuss the implementation and adjustment of Power Development Plan VIII.

The Construction Development Investment Joint Stock Corporation (DIC) has recently announced the suspension of the issuance of 200 million shares to the public, at a price of VNĐ15,000 per share.

An official legal framework for Mobile Money is expected to be issued early to promote cashless payment in rural and remote areas when the official pilot implementation ends on Tuesday.

The market concluded 2024 with the VN-Index standing at 1,266.78 points, marking an impressive growth of approximately 13 per cent, placing Việt Nam among the countries with the highest stock market growth rates of the year.

In what would be an historic milestone, HCM City will become the first locality in the country to reach over VNĐ500 trillion ($19.6 billion) in budget revenue.

Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements (FTAs), especially the new-generation ones, to find opportunities.

Geely Auto Group and Tasco Joint Stock Company intend to begin building an automobile manufacturing and assembly facility in the Tiền Hải Economic Zone, Thái Bình Province, during the first half of 2025, with the goal of launching their first vehicles by early 2026.

In 2024, Việt Nam continued to be a bright spot in terms of growth, developing at a rapid rate compared to many other countries in the region and the world. Its GDP growth in 2024 was estimated at about 7 per cent, while its overall economy reached about US$470 billion.

In November, revenues reached over VNĐ10.9 trillion, down by about 6 per cent compared to the previous month.

The stock market closed 2024 on a downbeat note, with the VN-Index edging closer to the 1,265-point mark, liquidity remaining subdued, and foreign investors returning to net selling.