Việt Nam News

This year, the northern province of Bắc Giang will accelerate the removal of difficulties and obstacles for investors and firms, especially in compensation and site clearance, to help maintain its position as one of the provinces with the strongest economic growth in the country.

HCM City will further intensify efforts to control product quality, stabilise the market, and promote export activities this year in order to curb inflation and contribute to the city’s overall growth targets, according to the city's Department of Industry and Trade.

The index broke over 1,280 points earlier in the session.

Total loans outstanding at banks in HCM City at the end of January were worth VNĐ 3.9 quadrillion (US$153.5 billion), up 0.04 per cent from the end of 2024 and 12.4 per cent year-on-year, according to the central bank.

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.

By 2030, Việt Nam aims to produce 20 per cent of the raw materials needed for pharmaceutical production, meeting 50 per cent of the demand for functional food and cosmeceutical ingredients domestically.

Bắc Giang will focus on strategic and targeted foreign direct investment (FDI) attraction, prioritising green investment and high-tech industries.

Việt Nam considers science, technology and innovation as a critical factor for development to reach its goal of becoming a modern industrialised nation by 2030 and a developed, high-income country by 2045.

The programme offers loan terms of up to 30 years, with an attractive interest rate starting from 5.5 per cent per year and a fixed rate for the first five years.

The 18th International Exhibition on Automobile, Transportation and Supporting Industries - Vietnam AutoExpo 2025 - will take place from June 12 to 14 in Hà Nội.

Agricultural machinery exhibition AGRITECHNICA ASIA, which debuted in Thailand last year, will be held in in HCM City from March 12 to 14, showcasing innovations that could help Southeast Asian farmers increase productivity and resilience in a rapidly changing agricultural landscape.

The Lao Government and Chitchareune Construction Co Ltd on Wednesday signed an agreement to develop a 1,200 MW wind power plant in Nong District, Laos’ Savannakhet Province which aims to supply electricity to Việt Nam from late 2027.

Hà Nội is increasingly becoming an attractive destination for foreign workers, a trend that is set to accelerate as more opportunities for housing ownership open up.

According to data from nearly 1,100 listed companies, the net profits for Q4 2024 surged by 27.8 per cent year-on-year.

To meet the ambitious economic growth target of 8 per cent or more in 2025, experts emphasise the need to reduce business regulations and eliminate procedural barriers that hinder operations.

The settlement of bad debts must be developed into a draft law and submitted to the National Assembly (NA) in May 2025 for consideration and approval.

Việt Nam’s housing market is facing pressure with soaring prices, making HCM City and Hà Nội, the country’s two business and financial hubs, among Asia’s least affordable cities for homebuyers, according to a report by property consultancy CBRE.

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.