Việt Nam News

The provincial People’s Committee said these projects include five FDI investments in the supportive automobile industry, automobile R&D, household goods, ready-built factories, flexible hoses and valves, expansion of industrial parks, dredging on marine routes and resorts.

The project, valued at about US$3.1 billion, aims to produce 1.1 million tonnes of green steel annually, which will be distributed to both Vietnamese and European markets.

The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyễn Đức Chi announced at the government’s regular press conference on March 5.

Given the current challenging economic environment, the VCCI emphasised that any adjustments to tax policies, including the special consumption tax, should be approached with caution and comprehensively evaluated.

The business landscape in the first two months of this year had many challenges, but positive signals have emerged.

The Southeast Asian country is expected to be affected by several of the new US tariffs, but not as severely as many other nations, said Deputy Minister of Trade and Industry Nguyễn Sinh Nhật Tân.

In the first two months of the year, government bond issuances through HNX auctions reached VNĐ45.11 trillion, fulfilling 41 per cent of the first-quarter target and 9 per cent of the annual plan for 2025.

The Cuban minister underscored interest in strengthening bilateral cooperation in agriculture, consumer goods manufacturing and the import of energy-saving equipment.

South Korea remains the leading investor, contributing nearly 22 per cent of total investment.

Experts warn investors to assess valuation levels against the growth potential of these companies for informed decisions.

The Ministry of Industry and Trade (MoIT) and Việt Nam trade offices abroad are set to intensify collaboration with local departments, commodity associations and businesses to capitalise on export opportunities arising from international economic integration.

Deputy Minister of Agriculture and Environment Phùng Đức Tiến talked to Việt Nam News reporter Tố Như about the future development orientation after the ministry officially began operations.

Nguyễn Văn Nên, Secretary of the HCM City Party Committee, has announced a comprehensive action programme to implement Resolution 57-NQ/TW by the Politburo, focusing on breakthroughs in science, technology, innovation, and national digital transformation.

Minister of Industry and Trade Nguyễn Hồng Diên has issued a directive regarding several solutions to develop markets, manage import activities, and achieve an export growth rate of 12 per cent this year. 

Under the Law on Credit Institutions, which took effect from July 2024, over the next five years, credit caps for a customer will decrease by one per cent every year and two per cent for a customer and his/her related parties.

Business owners with a tax debt from VNĐ50 million ($1,950) that is overdue by more than 120 days will potentially be banned from exiting the country.

Foreign investors also net sold a total of VNĐ349.4 billion on the two main exchanges. Of which, they net sold over VNĐ351.6 billion on HoSE.

Vietnamese businesses need to thoroughly study the Food Safety and Security Act 2025 (FSSA), which was passed by the Singapore Parliament on January 8, to ensure compliance with relevant regulations in their import and export activities to the Singaporean market.