Việt Nam News

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.

Following 2023, remittances to HCM City rose to a record again of US$9.6 billion last year, the State Bank of Việt Nam has said. They were up $140 million from 2023 and accounted for more than half of the country’s total remittances.

The application of digital technologies and platforms is important to drive down logistics costs and develop the industry, experts said during a conference in HCM City on January 14.

The Vietnamese Business Association in the UK (VBUK) has announced plans to reshape the landscape of Vietnam-UK trade relations, focusing on driving business community forward, fostering its unity and strengthening connections with their Vietnamese partners both at home and abroad.

Industry giants such as Vingroup, Mobile World Investment Corporation, FPT Retail and Hoàng Anh Gia Lai are all in the pipeline to introduce their prized stocks to the public sphere.

The Government's Decree 144/2024/NĐ-CP setting a preferential import tax rate for soybean meal (commodity code 23040090) has reduced this tax from 2 per cent to 1 per cent, creating better conditions for the enterprises to maintain production.

Deputy Minister of Industry and Trade Phan Thi Thắng led a delegation to HCM City on January 13 to discuss supply of consumer goods for the upcoming Lunar New Year (Tết), which falls on January 29.

Green hydrogen offers Việt Nam the opportunity to achieve its net-zero goals and potentially earn billions of dollars, but significant challenges could delay its progress.

Market breadth leaned negative, with 188 declining stocks, 101 advancing and 64 unchanged.

With Việt Nam planning to establish its first international financial centre (IFC) in HCM City, the Southeast Asian economy’s largest economic hub, the Ministry of Planning and Investment said the Government has formulated a comprehensive plan including policies and mechanisms aimed at attracting both immediate and long-term investments.

A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in HCM City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.

The demand for coal is projected to rise sharply this month, particularly for power plants, given lower rainfall and increased production to prepare for the upcoming Lunar New Year celebration.

This substantial growth trajectory underscores the company's evolution from its modest beginnings in 1966 to its current status as a diversified conglomerate operating across multiple industries.

Similar to other popular technology ride-hailing applications such as Grab or Be, Bolt expects to provide basic services, including transport, shopping and food delivery.

This rate is much lower than other countries’ in Southeast Asia.

Analysis shows it's an intervention to manage system liquidity.

Given the global greener trend, there is an urgent need for Việt Nam to develop a green financial market to attract global investment and boost exports. However, challenges are seen in accessing funds for environmental projects due to inadequate legal frameworks. Watch the video to hear from experts about the development progress of the Vietnamese green financial market.

The top five localities with the largest gross regional domestic product (GRDP) in Việt Nam for 2024 are HCM City, Hà Nội, Bình Dương, Đồng Nai and Hải Phòng.