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HCM City approves massive land reclamation project

Vietnam Economic News - Sat, 03/22/2025 - 15:39
The land reclamation component covers a total area of over 1,357ha and has been designated as a Group A project with a 50-year operational timeline.

Hà Nội promotes consumption to drive economic growth

Vietnam Economic News - Sat, 03/22/2025 - 14:37
Large retailers have been investing in expanding their distribution systems, aiming to contribute to the overall growth of the domestic market in 2025.

Việt Nam's small business growth soars to a four-year high

Vietnam Economic News - Sat, 03/22/2025 - 13:56
The survey findings released in HCM City on March 21 show that the growth momentum is expected to accelerate in 2025, with 92 per cent of small businesses expecting to grow, the highest projection among 11 markets surveyed.

Việt Nam’s AI & Semiconductor ambition gains global backing

Vietnam Economic News - Sat, 03/22/2025 - 10:14
Leading technology corporations abroad and at home are supporting Việt Nam’s ambition of becoming a global hub for AI and semiconductors.

Việt Nam's carbon market: powering green growth and unlocking sustainable investment

Vietnam Economic News - Sat, 03/22/2025 - 09:11
Việt Nam is taking significant steps to establish a carbon market to fulfil its commitment to achieving net zero emissions by 2050.

French businesses show strong interest in Việt Nam’s high-speed railway project: Minister

Vietnam Economic News - Fri, 03/21/2025 - 21:47
The Vietnamese minister noted that transport cooperation has long been a priority for both nations, with collaborations in aviation, railways, maritime, and road transport.

Nuclear power plant development in Việt Nam: Many key steps taken

Vietnam Economic News - Fri, 03/21/2025 - 21:46
The reactivation of nuclear power projects will help Việt Nam diversify its energy supply sources, guarantee energy security, and achieve its economic growth target as well as its commitment to reaching net-zero emissions by 2050.

$90 million international port to be built in Quảng Bình

Vietnam Economic News - Fri, 03/21/2025 - 19:12
The Hòn La International Port will serve industrial zones in the province and facilitate the transshipment of goods to Laos and northeastern Thailand.

Market ends week with slight dip as VN-Index retreats to near 1,320 points

Vietnam Economic News - Fri, 03/21/2025 - 16:49
Market breadth remained negative, with 172 declining stocks, compared to 126 gainers and 63 staying unchanged.

MoF proposes a tripartite coordination mechanism to manage cryptocurrency exchanges

Vietnam Economic News - Fri, 03/21/2025 - 16:29
The Ministry of Finance has proposed a pilot programme for issuing and trading cryptocurrencies and digital assets, with oversight from three key agencies: the Ministry of Finance, the Ministry of Public Security, and the State Bank of Việt Nam.

SMEs need support policies: insiders

Vietnam Economic News - Fri, 03/21/2025 - 16:23
With nearly one million businesses and around five million business households, the private sector contributes approximately 51 per cent of the country's Gross Domestic Product (GDP) and over 30 per cent to the State budget.

Quảng Ninh plans to develop four new industrial parks this year

Vietnam Economic News - Fri, 03/21/2025 - 15:15
Hải Hà and Đông Mai industrial parks are already under development, with investment approval procedures underway to expand their areas.

Central hub begins $460 million new urban project

Vietnam Economic News - Fri, 03/21/2025 - 14:29
Local property developer, the Futa Land joint-stock company, has started construction on the new Thuận Phước Urban project, across 97.6ha with an investment of VNĐ11.5 trillion (US$460 million).

Việt Nam, Singapore trade surges over 27 per cent in early 2025

Vietnam Economic News - Fri, 03/21/2025 - 13:58
The two-month trade reached over S$6.57 billion (approximately US$4.91 billion), solidifying Việt Nam's position as Singapore’s ninth-largest trading partner.

Crackdown on counterfeits as authorities battle rising e-commerce fraud

Vietnam Economic News - Fri, 03/21/2025 - 10:37
The ease of e-commerce shopping comes with a growing problem - the rise of counterfeit goods, substandard products and commodities of unknown origin on digital platforms.

Digitalising the property market needs clear regulations to ensure safe transactions

Vietnam Economic News - Fri, 03/21/2025 - 10:09
The Government has tasked relevant ministries to research and propose a pilot project for establishing a State-managed real estate and land use rights transaction centre, designed to function as a digital trading platform similar to electronic trading floors.

Việt Nam struggles with millions of tonnes of excess cement, says MoC

Vietnam Economic News - Fri, 03/21/2025 - 09:25
The Ministry of Construction said it had proposed adding cement sector planning to the list of specialised technical planning under the Planning Law, but the proposal was not approved by the National Assembly.

Foreign ownership at acquirers of weak banks to rise to 49%

Vietnam Economic News - Fri, 03/21/2025 - 09:01
The new decree also regulates that the total share ownership of foreign investors at a Vietnamese non-bank credit institution will also not be allowed to exceed 50 per cent of the institution’s charter capital.

Việt Nam remains among Asia’s most attractive real estate markets: JLL

Vietnam Economic News - Fri, 03/21/2025 - 08:25
JLL, a renowned market research company, anticipates a revitalised Vietnamese real estate sector in 2025, fueled by positive investor sentiment, lower borrowing costs, and increased transaction activity across key asset categories, as highlighted in its latest report, "Vietnam Property Market Outlook 2025: A New Chapter in Economic Growth."

Steel sector faces challenges

Vietnam Economic News - Fri, 03/21/2025 - 08:05
China’s steel exports are a primary concern, as its producers offload surplus supply amid weak domestic demand, potentially undermining local industry and employment.

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