Việt Nam News

A high-level delegation of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), led by its Vice Chairperson Xian Hui, visited the production facility of BYD Vietnam Co., Ltd. at Phú Hà Industrial Park and held a working session with leaders of Phú Thọ province on Tuesday.

Aside from the State budget and international finance, the development of green credit is identified as a key solution to meet the capital needs for the economy's green transformation, contributing to the effective mobilisation and allocation of capital for sustainable growth.

ASEAN must connect fintech ecosystems, not just markets, to unlock the region's digital finance potential and broaden access to economic opportunities, Deputy Prime Minister Nguyễn Văn Thắng said.

Hubei is one of China's major economic provinces and ranks fourth nationwide in population, while Hangzhou, the capital of Zhejiang Province, has become one of China's leading technology and digital economy hubs.

Despite briefly moving above 1,800 points in the first few minutes, the index reportedly pulled back when selling pressure increased quickly.

Vietnamese consumers are increasingly turning to electric two-wheelers, with VinFast reporting record order volumes for its electric motorbikes in the first quarter of 2026.

LG Innotek, an affiliate of the Republic of Korea's LG Group, has announced a plan to build its first semiconductor substrate plant in Việt Nam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions business.

Battery electric vehicles (EVs) will remain exempt from first-time registration fees until the end of 2030 under a new decree promoting green transport and domestic EV production.

The projects are expected to add to domestic oil and gas supply in the coming years.

Economists say the region's next phase of development will depend less on low-cost manufacturing and more on its ability to deepen regional integration, strengthen domestic demand and build the infrastructure needed to support higher-value industries.

Deputy Prime Minister Nguyễn Văn Thắng received Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), in Hà Nội on June 8.

After more than a decade of cooperation in trade promotion and business support, relations between the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade and the Trade Facilitation Office Canada (TFO Canada) are entering a new phase, shifting from technical assistance towards a strategic trade partnership.

The selected businesses are expected to lead technological innovation and spread it throughout the value chain.

EVN has defended its 2025 profit surge and VNĐ152 trillion ($5.8 billion) in bank deposits, saying the funds are needed for operations, debt repayments and future investments, while accumulated losses remain at the parent company.

Vietnamese banks may be allowed to close payment accounts that have been inactive for three years or more under proposed amendments to regulations governing non-cash payments.

Investor sentiment was negatively affected by renewed tensions in the Middle East, prompting a more cautious approach toward risk assets and triggering sell-offs across multiple sectors.

Under its summer operating plan, the group will operate around 28,300 domestic flights, offering close to 5.5 million seats.

The sea must be recognised as a strategic national development space where economic growth, national defence, security, science and technology, and international integration converge, said Party General Secretary and State President Tô Lâm.