Việt Nam News

Fifty two agricultural enterprises based in HCM City are showcasing a diverse range of high-quality products at the 2025 Saudi Food Show taking place from May 12 to 14 in that country’s capital, Riyadh.

Hải Phòng, Việt Nam's third-largest city, is expected to be a growth driver in the Red River Delta region and the national economic target in the next five years.

US businesses praised Việt Nam’s recent administrative reforms aimed at eliminating at least 30 per cent of unnecessary investment conditions, cutting down the time and cost of procedures by a similar margin and quickly resolving obstacles for enterprises.

National Assembly (NA) deputies on Tuesday heard a report on revision of the draft Law on the Management and Investment of State Capital in Enterprises.

The State Bank of Việt Nam (SBV) has given the nod to the plan of the National Citizen Bank (NCB) to increase its charter capital by VNĐ7.5 trillion (US$295 million) through a private placement of 750 million shares to its professional investors.

The surge in domestic gold prices and the widening disparity with global rates recently were partly due to market psychology, driven by expectations of further international price hikes.

Authorities are expected to develop practical proposals to address existing limitations, reinforce governance standards, respond swiftly to business feedback, and eliminate obstacles that hinder enterprise development.

To date, Việt Nam has signed 16 FTAs with over 60 of the world’s major markets and three are under negotiation.

Domestic gold prices dropped significantly in line with the global market earlier this morning. SJC gold bars fell to around VNĐ119 million per tael, while plain gold rings dropped to a low of VNĐ115 million per tael (1.33333 ounce).

Major Japanese retail corporations such as Aeon and Sumitomo are stepping up their business expansion in Việt Nam, aiming to tap into the country's growing consumer market driven by a young population and rising middle class.

The total value of corporate bond principal due for repayment by non-banking entities in May is estimated at VNĐ11.4 trillion, double the amount due in April.

VietinBank will be the first bank in the country’s group of four largest banks (Big4) to cut the number of its transaction branches.

As Việt Nam faces the possibility of the US's unreasonable reciprocal tariffs, the MoIT seeks to gather feedback and positions through letters and petitions from relevant ministries and sectors, as well as from industry associations and exporters in textiles, footwear, electronics, steel, aluminum, cashew nuts and mechanical engineering.

The Vietnamese Party General Secretary was accompanied by Belarusian Prime Minister Aleksandr Turchin.

By the end of April, Việt Nam’s total export turnover reached US$140.34 billion, an increase of 13 per cent compared to the same period in 2024

The draft resolutions have been scheduled to go to the National Assembly (NA) on May 13, during its ninth session. If approved, the VAT cut would be extended until the end of 2026, while the land tax exemption would remain in place through 2030.

​The groundbreaking ceremonies of the Ninh Bình–Hải Phòng Expressway Project’s section and the Hưng Phú Industrial Park in Thái Bình affirm the government’s determination to create an attractive investment and business environment for both domestic and foreign investors.

PVCFC was the only fertiliser company in Việt Nam to achieve "Level Two System Status" in Australia as of 2024 and has since advanced to Level One by 2025.