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

Home Economy

Banks cut rates following SBV’s call

Used car market to face significant challenges in 2025: experts

The used car market in 2025 is set to experience intensified competition, according to market experts.

Việt Nam's port firms thrive in 2024

Strategic investments and expansions are expected to further enhance the sector's performance.

Pangasius fetch record price in early 2025

Currently, larger pangasius weighing over 1.2kg, are selling at VNĐ32,440 (US$1.29) per kilogram, a record high not seen since 2022.

Banks stimulate credit from the beginning of 2025

Many banks have implemented loan packages with preferential interest rates. Currently, the lowest short-term loan interest rate is from 4.5 per cent.

Market rebounds as VN-Index nears 1,265 points

Market breadth was positive, with 251 gainers outnumbering 72 decliners. Trading liquidity increased to approximately VNĐ15.3 trillion (US$606.7 million), with nearly 660 million shares changing hands.

Digital banking services in Việt Nam make remarkable stride

More than 87 per cent of Việt Nam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95 per cent of transactions through digital channels.

Việt Nam has six billionaires in Forbes’ latest global rich list

Việt Nam has six billionaires after chairman of Masan Group Nguyễn Đăng Quang rejoining the Forbes’ latest list of the world’s richest individuals.

Chinese carmakers to build automobile plants in Thái Bình

Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thái Bình province in the first half of 2025.

Investment opportunities seen in rubber, steel industries in 2025

The potential for transforming rubber land into industrial zones has emerged as a lucrative avenue for investment.

Trump’s trade policy 2.0: What it means for Việt Nam’s economy

Trump's new trade policies could impact Việt Nam's economy, requiring careful monitoring and strategic adjustments.

Institutional reform is crucial to promoting business development

For Việt Nam, this year could bring more difficulties than opportunities, as domestic businesses grapple with weak consumer purchasing power, declining business confidence and rising input costs.

Việt Nam's exports to EU see impressive recovery in 2024

Việt Nam's exports to the EU made an impressive recovery in 2024, reaching nearly US$51.7 billion, an increase of $8.08 billion compared to 2023.

HCM City to combat real estate speculation

The authorities have called for increased oversight of real estate investors, trading platforms, and brokers to promptly address violations.

Stock market drops after Tết 2025 while gold prices surge

Market breadth leaned negative, with 168 declining stocks outnumbering 158 gainers.

Việt Nam’s technology start-up funding drops 38 per cent last year

Việt Nam is currently ranked 51st globally in terms of start-up funding, ahead of Iceland and Luxembourg.

Software exporter looks to new pace of growth

FPT Software (F-Soft) Đà Nẵng plans to earn VNĐ3.6 trillion (US$144 million) in exports in 2025 after introducing a third campus at the FPT Complex and signing a strategic deal with the city.

Vietnamese businesses in Cambodia commit to fostering strong and prosperous Việt Nam

The Vietnamese business community in Cambodia is dedicated to supporting Việt Nam's growth and prosperity, said Dr Heng LiHong, BAOOV Standing Member and VCBA Vice President cum Secretary General.

Banking sector asked to move past difficulties, create breakthroughs

Visiting the State Bank of Vietnam (SBV) on the first working day after the nine-day Tết holiday - PM Phạm Minh Chính commended the central bank for proactively monitoring both international and domestic economic developments.