Việt Nam News

Businesses have been identified as the most important driving force in advancing economic, trade and investment cooperation between Việt Nam and Laos, Prime Minister Phạm Minh Chính said at the Việt Nam – Laos investment promotion forum held on Wednesday in Laos.

The Organisation for Economic Co-operation and Development (OECD) has revised upward its medium-term outlook for Việt Nam, projecting GDP growth of 6.2 per cent for 2026 and 5.8 per cent for 2027, according to its latest global economic outlook released on December 2.

The third Việt Nam Digital Industry and Trade Summit 2025 is organised by the Việt Nam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT) in Hà Nội on Wednesday.

As Việt Nam and Algeria have recently upgraded their bilateral relationship to a Strategic Partnership, the Việt Nam Trade Office in Algeria has actively carried out trade promotion activities, explored market demand, and connected businesses from both countries.

The market's most positive signal came from foreign investors, who net bought nearly VNĐ3.8 trillion on HoSE.

Vietnam Airlines asked for the province’s support in communications and promotional activities to help ensure smooth operations and encourage passenger demand.

To establish 1,000 supporting industry enterprises, of which about 40 per cent will meet international standards, Hà Nội is affirming its leading role in the Northern region in developing fundamental manufacturing industries, including mechanical engineering, electricity-electronics, automobiles, textiles and high-tech materials.

Statistics from the Hà Nội Department of Finance showed that in the first 11 months of this year, the capital city collected around VNĐ625.2 trillion for the budget, up 39.6 per cent over the same period last year.

Trade Counsellor Nguyễn Thu Hà said Việt Nam attached great importance to its Strategic Partnership with Italy and stood ready to expand cooperation in logistics, seaports, trade and investment.

Processed agricultural products from Đồng Tháp are exported to many foreign markets, delivering strong economic gains for the province.

Offshore wind projects include developments in the South Central offshore zone and an export-oriented wind-power project supplying Singapore and Malaysia.

Vượng now holds an estimated $24.7 billion, ranking 92nd globally and becoming the second-richest person in Southeast Asia.

Bad debts of the banking system have been continually improved, with the growth rate staying low at around 2 per cent after hitting more than 15 per cent in the first quarter of 2025 in the wake of an expiry of a Government’s debt restructuring policy.

While the number of sectors witnessing positive net profit growth experienced a decline compared to Q2 2025, the overall growth rate for net profit reached unprecedented levels in recent quarters.

The data centre market in Việt Nam is in the midst of explosive growth, evolving from a mere technical infrastructure to becoming a coveted high-tech real estate asset that attracts global investors, experts said.

The northern province of Bắc Ninh is accelerating efforts to expand and modernise its private sector, targeting 85,000 enterprises by 2030 while developing a high-quality pool of entrepreneurs, according to Nguyễn Đình Hiếu, Director of the provincial Department of Finance.

The Government proposed raising the revenue threshold exempt from tax for business households from VNĐ200 million (over US$7,580) to VNĐ500 million per year.

The workshop aimed to raise awareness, offer technical knowledge and create a digital connection platform to support cooperatives in their integration journey.