Experts urge caution over proposed sugary drink tax in Việt Nam

At a forum on SCT held in Hà Nội on April 4, hosted by the Việt Nam Beer–Alcohol–Beverage Association (VBA), concerns were raised that a sudden imposition of the tax could deliver a “shock” to producers, disrupt business operations, and burden consumers.

Hưng Yên's leader commits full support to US investors

Secretary of the Hưng Yên provincial Party Committee Nguyễn Hữu Nghĩa promised full support in terms of land access, taxation, and legal procedures to US firms eager to invest in the province, at a working session with US Ambassador to Việt Nam Marc E. Knapper on April 4.

Taxing times

The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

Việt Nam's foreign investment surges 35% in Q1

Foreign investment disbursement grew 7 per cent year-on-year, reaching nearly $4.96 billion in the period. This increase underscores sustained confidence from international investors, reaffirming Việt Nam's position as a key investment destination.

HCM City economy grows at fastest pace in five years

Việt Nam’s largest economic hub, HCM City, is seeing a robust economic recovery, with its Gross Regional Domestic Product (GRDP) rising over 7.5 per cent year-on-year in the first quarter, marking the highest growth rate since 2020.

Việt Nam to launch KRX trading system on May 5

The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day.

Hà Nội keeps CPI well under control

The CPI for the first quarter of 2025 increased by 2.75 per cent compared to the same period last year, indicating that inflation remains well under control.

Positive credit helps drive economic growth

As of March 20, outstanding loans reached nearly VNĐ15.93 quadrillion, up 1.98 per cent compared to the end of 2024 and up 17.60 per cent compared to the same period in 2024.

HCM City’s ambitious innovative start-up plans

HCM City aims to have 5,000 new innovative start-ups by 2030 and develop its start-up ecosystem, a conference organised by the HCM City Department of Science and Technology on April 3 heard.

VN ranks fourth in pork consumption worldwide

The total pig herd reached approximately 32 million head by the end of 2024, up seven million from 2020 and nearly two million from 2023. This marked the highest pig population in five years.

Unlocking paths for SMEs to succeed in the AI age

Recent research by IBM, Forbes and McKinsey highlights a steady increase in AI adoption within business governance, with 33 per cent of companies using AI in 2022, 55 per cent in 2023 and 72 per cent in 2024.

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