Việt Nam News

Việt Nam will need an estimated VNĐ351.5 trillion (US$13.76 billion) to upgrade its port system by 2030, with VNĐ72.8 trillion for maritime infrastructure and the rest for port terminals.

Secretary of the Lào Cai provincial Party Committee and Chairman of the People’s Committee Trịnh Xuân Trường discussed potential collaboration with Israeli Ambassador to Việt Nam Yaron Mayer during a meeting in Lào Cai city on February 19.

Bangladesh will import 100,000 tonnes of white rice from Việt Nam to meet the demand and stabilise the domestic food market.

Hà Nội Metro will collaborate with Xanh SM, VinBus, FGF and V-Green to create a seamless door-to-door transport system integrating electric metro lines, taxis, motorbikes and buses.

The US$31 million project, approved in May 2023, spans 2.5 hectares and includes production workshops, warehouses and a wastewater treatment station. The facility has an annual capacity of 502,500 optical devices and instruments.

A target of 10 per cent economic growth in 2025 is a challenging but also important task for Bình Dương Province, Deputy Chairman of the Provincial People's Committee, Bùi Minh Thạnh said.

Affordable and competitive electricity rates play a vital role in ensuring consistent revenue streams for private enterprises, encouraging their participation in Việt Nam's domestic energy market.

While some companies are thriving, others struggle to maintain their footing in a changing confectionery market.

Located in Hòa Ninh Commune, Hòa Vang District, Đà Nẵng, the Hòa Ninh Industrial Park, which is being promoted as the most modern park in the city, aims to attract a new wave of investment.

This route is destined to become a key strategic trade axis, contributing to the sustainable growth of both the regional and Vietnamese maritime industries.

Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.

Market breadth was overwhelmingly positive, with 243 gainers far outnumbering 88 decliners.

Việt Nam's retail sector is rapidly advancing its digital transformation, with retailers embracing data-driven strategies and diversified sales channels to cut costs and streamline operations.

The Vietnamese trade minister urged Guangxi to expedite the signing of a memorandum of understanding on Việt Nam-China power connectivity and to explore the possibility of a high-voltage direct current power link between Guangxi and Việt Nam's northern province of Quảng Ninh.

The planned development is expected to span multiple communes including Liên Minh, Tràng Xá, Dân Tiến, Bình Long, Phương Giao, Nghinh Tường and Đình Ca town, covering a survey area of over 31ha.

The outlook for Việt Nam’s wooden product exports in 2025 remains promising, but businesses need to adopt flexible strategies to cope with trade policy changes in key markets and diversify their export markets and product offerings to mitigate risks and sustain growth, according to industry insiders.