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

Việt Nam streamlines telecom quality rules to cut compliance burden

Bắc Giang to develop a new industrial park worth $111 million

The Hà Nội–Bắc Giang Industrial Infrastructure Investment Joint Stock Company will develop the project in Nghĩa Trung Commune, Song Mai Commune, and Đa Mai Ward, Bắc Giang City.

Idemitsu to expand investment in Việt Nam

Idemitsu Group plans to expand its investment in Việt Nam, including a green fuel project in Bình Định and a carbon emissions reduction project in the sugarcane raw material areas in Thanh Hóa.

Hải Phòng attracts over $3.5 billion in investment in January

The five domestic projects target real estate and urban development, while the six FDI projects involve household goods, welding, components and electronics.

Keeping inflation in check a priority for 2025

Economists have identified a range of factors that may exert inflationary pressure in 2025, including geopolitical risks, global trade disruptions and domestic challenges such as exchange rate fluctuations, rising import costs and natural disasters.

Positive outlook for wood product exports after roaring success in 2024

The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association of HCM City has said.

Businesses say there is growing demand for organic products

Organic farming is emerging as a leading solution in safeguarding ecosystems, while meeting the rising appetite for clean and safe food, said businesses.

PM calls on partners to share experiences in int’l financial centre development

Việt Nam will continue to perfect its institutional framework toward greater openness and streamlined procedures, and to maximise resources for development.

Home loan interest rates to inch up in 2025

However, the home loan interest rates will be still lower than that before the COVID-19 pandemic, analysts say.

Hà Nội’s car rental market is vibrant in the days leading up to Tết

Nearly a week before the nine-day Lunar New Year holiday, the demand for car rentals increased suddenly in Hà Nội.

Special investment procedures: commitments, regulations and investor responsibilities

A draft decree detailing special investment procedures outlines the commitments investors must make to comply with legal requirements and planning standards.

March 29 Textile-Garment JSC expands operations

March 29 Textile and Garment JSC (Hachiba) has approved a transaction, buying 208,000 shares, or 52 per cent of the charter capital of Vietsun Quảng Nam JSC from Việt Sun Investment JSC.

UNCTAD leader highlights Việt Nam’s role in global trade

Việt Nam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).

Czech automaker to build $500 million factory in Quảng Ninh

Czech automaker Skoda will complete a US$500 million factory in Quảng Ninh Province in the first quarter of 2025.

Viettel Post to establish new logistics company in China

The subsidary will be named Viettel Post Logistics and Trading Co., Ltd. (Guangxi).

Trade ministry imposes anti-dumping duty on imported steel and wind towers

Businesses wanting to apply for anti-dumping duty exemptions should submit their requests to the Trade Remedies Authority.

Exporters make contingencies as fear of tariffs looms

Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.

2025 - Year of acceleration, breakthroughs

Despite the severe impact of Super Typhoon Yagi and global economic volatility, Việt Nam’s economy demonstrated its resilience in the year, with its GDP growth surpassing 7 per cent, ranking among the few nations with high growth rates regionally and globally.

Investment opportunities seen in Việt Nam's power stocks

The Government's focus on achieving a GDP growth rate between 6.5 per cent and 7.5 per cent in 2025 underscores the critical role of electricity in sustaining industrial and economic activities.

Companies, retailers in HCM City struggle with deliveries

The Department of Trade in HCM City is strengthening collaborations with relevant sectors and closely monitoring the activities of local enterprises to ensure the smooth transportation of goods to meet market demand as the Lunar New Year (Tết) approaches.

Increasing domestic consumption needed to spur economic growth

Domestic consumption has rebounded positively, contributing to the 7.09 per cent economic growth recorded last year. However, consumers continue to adopt a cautious approach to spending amid ongoing socio-economic challenges.