Việt Nam News

With the recent adoption of major policy resolutions, especially Resolution 68 on private sector development, Việt Nam now has the tools to advance the vision of a self-reliant, resilient economy, a seminar has heard.

As one of the first banks invited to present at the event, SHB highlighted its comprehensive digital offerings tailored for administrative and public sector units, aiming to accelerate the digitalisation process across Việt Nam's financial system.

According to Apple, Việt Nam is now contributing to the production and assembly of several flagship devices, including the iPad, Mac (MacBook and Mac mini), HomePod, Apple Watch and AirPods.

Vietnamese firms are facing steeper cost increases than the global average due to tariffs and trade uncertainty, according to HSBC’s Global Trade Pulse 2025 survey.

This year, the footwear industry continues to target exports to Africa, Asia, Japan, Europe and the US, while also taking initial steps to engage with major e-commerce platforms like Alibaba and Amazon to open new sales channels.

The Ministry of Construction was asked to promptly review, streamline, and simplify 361 administrative procedures related to production and business activities, along with 447 business conditions under its jurisdiction, while ensuring a 30 per cent reduction in administrative processing time, compliance costs, and business conditions by 2025.

Swiss cooperation has helped Việt Nam stabilise its financial system, expand access to capital for small businesses and introduce environmentally responsible practices in industry and urban development.

Encouraging Vietnamese suppliers to enhance reliability, craftsmanship and customer service, experts described these as essential for success in the business to business (B2B) e-commerce market.

HCM City aims to raise over VNĐ25.4 trillion (US$1 billion) by auctioning six land lots in Thủ Đức City, including several prime locations in the Thủ Thiêm urban area.

A central focus of the draft is on improving the management and operational mechanisms of the Land Development Fund, especially concerning the use of idle capital.

The US may further outsource textile production, benefiting countries like Việt Nam.

Việt Nam’s electronics sector at a major turning point: overcoming tariff challenges and elevating its position in the global supply chain.

Given the complex developments in global trade, Deputy Prime Minister Nguyễn Chí Dũng stressed the importance of enhancing bilateral trade exchange and requested Japan to create more favourable conditions for Vietnamese exports to access the Japanese market.

Domestic retail giants ramp up their expansion of convenience store networks, across both urban and rural areas, to not only increase competition, but also make Vietnamese goods penetrate deeper into the domestic market.

Chinese firms praised Việt Nam’s improving business climate, citing stronger legal frameworks, competitive production costs, advanced infrastructure, and vibrant industries as catalysts for expanded collaboration in trade, investment, and innovation.

Since their FTA came into effect, trade between Việt Nam and the EAEU doubled to reach US$5.6 billion in 2024.

Advanced technologies and products in the consumer electronics and household appliances industry are on show at the Việt Nam International Electronics & Smart Appliances Expo that opened in HCM City on Thursday.

The project will have a maximum operational period of 70 years and a construction timeline not exceeding nine years from the date of land allocation.