Việt Nam News

Following the tax cuts, domestic retail fuel prices dropped significantly from March 26, without using the price stabilisation fund.

GACC has introduced stricter requirements on declarations, registration validity and supply chain control. The rules will take effect from June 1.

Anticipating tighter supply conditions, the company implemented enhanced sourcing measures and arranged alternative feedstock to support continuous refinery operations.

Việt Nam will strive to increase the proportion of renewable energy sources to approximately 47 per cent of the country’s total electricity capacity by 2030.

Efforts to accelerate industrial development in Cần Thơ City continue to face persistent challenges, as slow compensation, support and resettlement processes hinder the rollout of key projects across the city’s industrial park system.

Banks, particularly small and medium institutions with weaker deposit bases, are likely to continue raising deposit rates in the short term to attract funding and sustain credit growth.

The RoK remains Việt Nam’s leading source of foreign direct investment, second-largest partner in development cooperation and tourism, and third in trade and labour cooperation.

Hosting leaders of more than 40 international corporations from the Asia Business Council in Hà Nội on Thursday, the Party chief welcomed their continued engagement and practical contributions to Việt Nam’s socio-economic development.

Foreign investors also maintained a net selling trend, offloading more than VNĐ745.6 billion on HoSE.

Deputy Prime Minister Trần Hồng Hà urged the construction sector to raise solutions to building climate-resilient living spaces, accelerating green and digital transitions, and strengthening technological and material self-reliance amid global geopolitical uncertainties.

Prime Minister Phạm Minh Chính urged the Ministry of Industry and Trade to work with international partners to begin construction of a strategic petroleum storage facility in Nghi Sơn Commune in Thanh Hóa Province, and to report on their progress.

The nighttime economy could become a new growth driver for HCM City if it is developed as a complete ecosystem rather than through fragmented efforts, experts and policymakers have agreed.

Themed ‘Information Security - Building Trust - Sustainable Consumption’, this year’s event will focus on three main pillars including ensuring consumer data security in the context of the digital economy; strengthening connections between the State, businesses and consumers; and promoting responsible consumption and efficient energy use.

Export turnover of squid surpassed $64 million, rising nearly 30 per cent, while octopus exports generated more than $47 million, up over 16 per cent.

The move is expected to lay the foundation for the two sides to implement specific cooperation programmes in the future, which will help build a cohesive and efficient supply chain along with logistics and industrial production to serve the overall development of the economy.

The Vietnamese market offers numerous opportunities for Norwegian salmon and seafood exporters to further develop, positioning the country as one of the fastest-growing markets in Southeast Asia, as confirmed by the Norwegian Seafood Council (NSC).

Việt Nam and the UK are stepping up cooperation to support the development of an international financial centre (IFC) in Việt Nam, with experts stressing that strong legal and regulatory foundations will be critical if the country is to emerge as a regional financial hub.

Under the terms of the MoU, the two sides will jointly push trade and investment in IT and services, arrange business delegations and business-to-business meetings, share market and policy information, and help companies access partnership opportunities and expand into new markets.