Việt Nam News

Việt Nam is accelerating its transition toward a digital and inclusive financial ecosystem, aiming to attract more foreign investment and align with international regulatory standards as it develops an international financial hub in HCM City.

The US$2.2 billion BOT project has a designed capacity of 1,200MW with two turbines, each generating 600MW.

European businesses operate nationwide, but are most concentrated in major cities and industrial hubs like HCM City, Đồng Nai, Hà Nội, Bắc Ninh and Quảng Ninh.

The database will cover all types of businesses in Việt Nam, including private companies, state-owned enterprises and foreign-invested businesses.

The move came right after the US Federal Reserve (Fed) announced its first interest rate cut of this year.

This is a landmark reform that promises to generate profound changes in India’s business landscape and will directly affect Vietnamese investors, producers and exporters in this market.

The two-way trade reached US$10.1 billion last year, while the figure in the first eight months of the year was nearly $8 billion, up 16.3 per cent year-on-year.

The market will take place at 489 Hoàng Quốc Việt Street in Hà Nội from September 18-21.

The event gathered policymakers, business leaders and technology experts to explore how AI is reshaping data centres, buildings and power grids.

Among the 37 economies in the lower middle-income group, Việt Nam held second place after India, which was ranked 38th.

Some large joint stock commercial banks, such as MB, VPBank and HDBank, are even likely to have outstanding growth rates of 25-30 per cent in 2025.

Foreign investors returned to be net sellers on the southern market after net selling nearly VNĐ123 billion on HoSE. However, they net bought VNĐ18 billion on HNX.

Lord Mayor King praised Việt Nam’s resolve, consistency and close coordination in pursuing the financial centre, stressing the City of London’s readiness to share expertise and collaborate, particularly through TheCityUK.

Việt Nam has put organic farming in the spotlight as it hosts the 8th Organic Asia Congress (OAC) 2025 in Ninh Bình Province, gathering more than 550 delegates from 33 countries and territories.

At the conference, the provinces showcased their strategic advantages, economic development, investment policies, and priority areas. Local leaders expressed their willingness to work with Korean partners to implement projects.

Malaysia's national oil and gas company Petronas has partnered with the State-owned Việt Nam National Industry – Energy Group (Petrovietnam) in a wide range of joint projects, and the two sides are now expanding into new fields such as liquefied natural gas (LNG) and renewable energy.

PM Chính said disbursement this year has improved and is ahead of the same period in 2024, but 'bottlenecks and gaps with requirements remain.'

The 23rd Vietnam International Plastics & Rubber Industry Exhibition (VietnamPlas 2025) opened on Wednesday in HCM City, featuring more than 650 exhibitors from 20 countries and regions.