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Industrial real estate expects a boost from policies, FDI

Vietnam Economic News - Mon, 03/17/2025 - 21:43
The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for real estate in 2025.

Việt Nam becomes Brazil’s second largest seafood supplier

Vietnam Economic News - Mon, 03/17/2025 - 21:39
This shift reflects both the growing demand for seafood in Brazil and Việt Nam's expanding role in the global seafood market.

Private economy a lever for a prosperous Việt Nam: Party chief

Vietnam Economic News - Mon, 03/17/2025 - 20:18
In a new article on the strategic role of Việt Nam’s private sector in elevating the national economy, the Party chief said that this sector has become one of the key pillars of the national economy and has proven to be the most important driving force for the country’s economic growth.

Customs trade hits $1.05 billion on first day of new model

Vietnam Economic News - Mon, 03/17/2025 - 18:42
The introduction of a new IT system, within the revamped organisational structure, ensured seamless processing of goods, vehicles and transit shipments, enabling swift customs clearance without delays.

HCM City bank lending growth down in 2025

Vietnam Economic News - Mon, 03/17/2025 - 17:43
Despite HCM City-based banks’ efforts to provide preferential loans, credit growth declined slightly in the first two months of 2025.

IFC, Switzerland expand support for supply chain finance in Việt Nam

Vietnam Economic News - Mon, 03/17/2025 - 15:59
Backed by a five million Swiss Francs grant from the State Secretariat for Economic Affairs (SECO), the initiative will run until 2029, helping over 500,000 SMEs access up to $35 billion in financing.

HCM City to expand proposed IFC to include District 1

Vietnam Economic News - Mon, 03/17/2025 - 15:31
HCM City, Việt Nam’s largest economic hub, plans to extend its proposed International Financial Centre (IFC) to include District 1, expanding it from the Thủ Thiêm urban area in Thủ Đức City.

Nine associations petition about bottleneck of conformity announcement

Vietnam Economic News - Mon, 03/17/2025 - 15:03
The key shortcomings lie in the approach to quality and safety management, which still leans heavily on pre-inspection, imposing excessive administrative procedures and business conditions.

Finance ministry provides guidance to support sustainable business operations

Vietnam Economic News - Mon, 03/17/2025 - 15:01
Small- and medium-sized enterprises are supported by facilitating connections with financial institutions, investors and domestic and international experts.

Vietnam Airlines, Vietjet Air flights to operate from Tân Sơn Nhất’s new terminal in May

Vietnam Economic News - Mon, 03/17/2025 - 13:25
The total investment for the terminal is nearly VNĐ11 trillion (US$431.2 million), with construction beginning in December 2022

E-tax system resumes operation

Vietnam Economic News - Mon, 03/17/2025 - 12:18
The suspension, which lasted from 5pm on March 12 until 8am on March 17, was necessary to enhance tax management and implement structural changes.

Việt Nam should be flexible in selecting financial centre models: expert

Vietnam Economic News - Mon, 03/17/2025 - 11:22
A diversified model could see Việt Nam begin locally, like Lisbon or Atlanta, then grow to rival Bangkok or even London and New York.

Solar investors signed petitions over COD concerns

Vietnam Economic News - Mon, 03/17/2025 - 09:25
Thirteen foreign investors and fifteen domestic enterprises in the solar power sector submitted official petitions regarding the issue of commercial operation dates (COD) being granted without formal acceptance documents. Their primary concern was the risk of losing the initial electricity tariff they had been promised.

Special consumption tax should be abolished for petrol, air conditioners: NA deputies

Vietnam Economic News - Mon, 03/17/2025 - 09:24
Some NA deputies believe petrol and air conditioners should be considered essential products and not subject to special consumption tax.

MSMEs in HCM City face difficulty accessing loans

Vietnam Economic News - Mon, 03/17/2025 - 09:19
Many micro, small and medium-sized enterprises (MSMEs) in HCM City struggle to access credit, despite banks offering numerous loan packages with preferential interest rates.

Việt Nam pepper price surges to decade high

Vietnam Economic News - Mon, 03/17/2025 - 08:38
Pepper prices are currently fluctuating between VNĐ159,000 and VNĐ161,000 per kilo, marking the highest levels in nearly a decade. 

Capital expansion fuels optimism in Việt Nam’s insurance sector

Vietnam Economic News - Mon, 03/17/2025 - 08:08
Recent developments ahead of the shareholders' meetings for many insurance companies are expected to provide momentum for the stocks in this sector.

Central bank to create roadmap for eliminating credit growth quota policy

Vietnam Economic News - Mon, 03/17/2025 - 07:49
The credit growth quota system, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Việt Nam’s economy was experiencing hyperinflation stemming from excessive money supply.

Heading to the future

Vietnam Economic News - Sun, 03/16/2025 - 11:34
Get ready for a deep dive as Việt Nam boldly leaps into the future! The inaugural AI-Semiconductor Conference (AISC 2025) brought together global tech leaders, industry experts and policymakers in Hà Nội, along with Prime Minister Phạm Minh Chính, to discuss country's role in AI and semiconductor innovation, showcasing the nation's ambition to lead the way in digital transformation.

Hòa Phát’s hot rolled coil products not subject to EU's anti-dumping duties

Vietnam Economic News - Sun, 03/16/2025 - 11:09
Currently, Vietnamese exporters such as Formosa and other HRC suppliers face a provisional duty of 12.1 per cent when exporting to the EU.

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