2025 to set foundations for sustainable growth

2025 is pivotal for laying the foundation for Việt Nam's double-digit growth plan (2026-2030) and concludes the 2021-2025 development plan, with industry leaders sharing insights on economic prospects and investment trends.

Electricity Law: legal counsel suggests bold changes

On 30 November 2024, the National Assembly adopted the new Electricity Law with effect on 1 February 2025 comprising 130 articles, seeking to ensure energy security and achieving net zero emissions by 2050 by overcoming investment barriers in the energy sector. Việt Nam News correspondent Thu Ngân asks Nguyễn Mai Phương, Counsel of Asia Counsel Vietnam Law Company Limited,  about the significant changes to the law and how they will impact foreign investments in the sector.

Positive outlook for Việt Nam’s banking sector in 2025

Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth, according to investment management firm VinaCapital.

Remittances reach about $16 billion in 2024

Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn said this remittance level is equivalent to 2023, when remittances reached a record high post pandemic.

Blue chip stocks lead market recovery

Market breadth was decidedly positive, with 229 advancing stocks far outnumbering 85 decliners. Liquidity on the southern bourse improved to VNĐ10.4 trillion (over US$409.1 million), representing a 22.3 per cent increase compared to the previous session.

Digital technology plays a key role in socio-economic development

Secretary-General Tô Lâm said technology plays a key role in economic and social development and that digital transformation has become a matter of urgency to realise the Southeast Asian country’s vision to improve productivity, foster innovation and enhance living standards.

Quảng Ninh sets land clearance as priority for FDI attraction

The northern province of Quảng Ninh is on a mission to cement its status as one of Việt Nam's premier destinations for foreign direct investment (FDI), with a strategic focus on land clearance for industrial park infrastructure projects this year.

New passenger car factory to be built in Huế

Kim Long Motor Huế Joint Stock Company and Changan Automobile Group have announced a plan to build the Kim Long Trường An Việt Nam passenger car factory with a designed production capacity of 50,000 vehicles per year.

TPBank secures $120 million long-term loan from JICA

This initiative, co-financed by the US International Development Finance Corporation (DFC), aims to enhance financial inclusion through digital banking in Việt Nam, with a total loan value of US$120 million.

Businesses must embrace new trends to boost exports to US: experts

Trade cooperation between Việt Nam and the US presents both vast opportunities and significant challenges, as the latter enters a new phase with major adjustments to its economic and foreign policies, which are expected to have a wide-reaching impact on global trade and investment activities.

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