Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vĩnh Long unlocks billion dollar potential for coconut exports

Foreign investors post strongest net buying in seven sessions as VN-Index surpasses 1,320 points

The market reacted favourably to easing trade tensions and the possibility of an extended suspension of retaliatory tariffs amid ongoing negotiations.

PM emphasises role of Vietnamese, Swedish businesses in linking two economies

Prime Minister Phạm Minh Chính said the two governments would play a facilitating role by setting out major strategies, programmes, and plans, and by creating favourable conditions for businesses to cooperate, invest, and grow together.

Room for Việt Nam and Lithuania to expand economic ties

To boost economic, trade, and investment cooperation, the two countries should leverage their strategic positions as gateways to ASEAN and Central Eastern Europe.

Tax revenues from individual and household businesses increased on tax crackdown

Taxes collected from e-commerce rose strongly by 55 per cent year-on-year to reach VNĐ75 trillion in January–May.

AI expected to contribute $130 billion to Việt Nam’s GDP by 2040

The “Việt Nam AI Economy 2025” report released on June 12 reveals that artificial intelligence (AI) is set to become a core driver of growth, contributing an estimated $120–130 billion to Việt Nam’s GDP by 2040, equivalent to 10–12 per cent of the national economy.

Việt Nam among world’s most food-self-sufficient nations: study

Việt Nam’s strong performance is attributed to its robust agricultural sector, which maintains consistently high yields in key areas such as rice, fruit and vegetables, fishery products, meat and starchy foodstuffs.

Vietnam Airlines secures US$1.5 billion in funding from ING Bank for strategic expansion

Vietnam Airlines and ING Bank have signed a Memorandum of Understanding (MoU) for bilateral financial cooperation, securing capital funding of up to US$1.5 billion. This partnership underscores ING’s strong commitment to financing Vietnam Airlines’ long-term growth.

Bình Dương promotes hi-tech, digital transformation cooperation with Taiwanese group

Bình Dương Vice Chairman Bùi Minh Trí said the province is ready to partner with global tech investors and will provide strong support in policies, procedures, and infrastructure, especially in growth-driving sectors.

AutoExpo 2025 highlights Việt Nam’s automotive ambitions

The 2025 Vietnam International Auto Expo started in Hà Nội on June 12, with over 200 booths representing nearly 200 companies from both Việt Nam and abroad.

E-commerce platforms to collect and pay taxes for online sellers from July 1

E-commerce platforms in Việt Nam will be required to collect and pay value added tax (VAT) and personal income tax (PIT) on behalf of individual and household sellers, according to a new Government decree.

Fighting fake goods requires coordinated efforts by stakeholders: seminar

Fake goods and knock-offs are posing serious risks to public health and causing enormous economic damage, and drastic solutions and coordinated efforts are required from authorities, businesses and consumers to combat them, a seminar heard in HCM City on June 11.