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Electricity prices increase by 4.8 per cent amid soaring generation costs

Vietnam Economic News - Fri, 05/09/2025 - 21:45
Việt Nam Electricity (EVN) on Friday announced that the average retail electricity price will be increased by 4.8 per cent starting from Saturday, marking the fourth hike since early 2023.

Special consumption tax to be imposed on petrol to meet environmental goals

Vietnam Economic News - Fri, 05/09/2025 - 21:44
Environmental pollution is on the rise, and without imposing a tax on petrol, it will be difficult to change consumer behavior, the minister stated. A special consumption tax on petrol has been in place since 1998.

HCM City to further support private economy, a crucial driver for the city’s development

Vietnam Economic News - Fri, 05/09/2025 - 19:47
The private economy was crucial driver for HCM City’s growth over the past four months and the city will introduce a series of measures to further support this sector, affirmed HCM City’s Department of Finance.

Master planning scheme for Phú Quốc International Airport announced

Vietnam Economic News - Fri, 05/09/2025 - 18:06
The airport improvements will make Phú Quốc, the Pearl Island, an important tourism and marine economic hub of the country.

Market rally stalls as foreign investors resume net selling

Vietnam Economic News - Fri, 05/09/2025 - 17:00
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index closed at 1,267.3 points, down 2.5 points from the previous session.

Agriculture minister calls for export reform, supports US farm imports

Vietnam Economic News - Fri, 05/09/2025 - 16:20
Minister of Agriculture and Environment Đỗ Đức Duy urged enterprises to invest in processing, logistics and quality control while strengthening value chain ties and staying alert to US trade rules.

Việt Nam joins meeting on negotiations for upgrading ASEAN Trade in Goods Agreement

Vietnam Economic News - Fri, 05/09/2025 - 15:54
ASEAN economic ministers shared the view that completing the negotiations for upgrading the ATIGA would send positive signals to the business community about ASEAN’s strong commitment to regional economic integration through reducing trade barriers

PM askes measures to aid farm exports amid global trade volatility

Vietnam Economic News - Fri, 05/09/2025 - 15:47
The PM asked the Minister of Agriculture and Environment to raise appropriate measures to strengthen domestic production to ensure food security and exports in all circumstances.

Việt Nam takes steps to address drop in durian exports to China

Vietnam Economic News - Fri, 05/09/2025 - 14:48
Việt Nam’s durian exports to China hit just 35,000 tonnes (US$130 million) in the first four months, only 20 per cent of the target, down from $500 million year-on-year.

Vietnamese fruits promoted at Italy’s Macfrut 2025

Vietnam Economic News - Fri, 05/09/2025 - 13:43
The Vietnamese booth attracted participation from 10 domestic agribusinesses, with each contributing an assortment of products on display to introduce to the Italian market.

Australia and Việt Nam forge smart city partnership for sustainable urban future 

Vietnam Economic News - Fri, 05/09/2025 - 13:39
The event brought together government and industry leaders to discuss partnerships in renewable energy, AI, cybersecurity and smart transport, combining Australia's tech strengths with Việt Nam's urban growth

Đại Hùng - Phase 3 project produces first commercial oil flow

Vietnam Economic News - Fri, 05/09/2025 - 12:46
By the end of April 2025, the field had produced nearly 75 million barrels of oil, making a significant contribution to national revenue.

Lychee output expected to rise 30% this year

Vietnam Economic News - Fri, 05/09/2025 - 12:06
Việt Nam expects a bumper crop of lychee this year with an output of 303,000 tonnes, about 30 per cent higher than that of last year.

PM orders actions to safeguard agricultural production, exports amid global trade volatility

Vietnam Economic News - Fri, 05/09/2025 - 11:12
Prime Minister Phạm Minh Chính has issued a dispatch asking for coordinated actions to maintain stability in the production, sale, and export of agricultural, forestry, and aquatic products in response to mounting global trade uncertainties.

HCM City sees solid socio-economic growth in April

Vietnam Economic News - Fri, 05/09/2025 - 09:42
HCM City saw positive growth across many areas in April, especially tourism revenue, thanks to recent celebrations.

Việt Nam to send largest-ever delegation to 2025 SelectUSA Investment Summit

Vietnam Economic News - Fri, 05/09/2025 - 09:21
A Vietnamese delegation will take part in the 2025 SelectUSA Investment Summit, scheduled for May 11-14 in Maryland, the US, Minister of Finance Nguyễn Văn Thắng told US Ambassador to Vietnam Marc E. Knapper at their meeting in Hà Nội on Thursday.

Proposed 20% tax on real estate profits sparks concerns

Vietnam Economic News - Fri, 05/09/2025 - 08:57
A proposal to impose a 20-per-cent tax on profits from real estate transfers could create negative impacts on the housing market and overall accessibility for homebuyers.

Việt Nam expands bird’s nest trade with China, eyes market growth

Vietnam Economic News - Fri, 05/09/2025 - 08:48
To date, more than four tonnes of refined bird’s nests and millions of processed products worth over US$4 million have been officially exported.

Petrolimex posts big fall in profits as global crude price tumbles

Vietnam Economic News - Fri, 05/09/2025 - 07:59
The rapid decline in global oil prices, particularly following US President Trump's announcement of new tariffs on imports, has created significant volatility in the market. 

Việt Nam’s economy needs restructuring amid US tariff shifts

Vietnam Economic News - Fri, 05/09/2025 - 07:52
Forum hears that VN can use this time to stabilise the domestic market and supply chains, maintain the confidence of investors and international partners and turn the crisis into a driver for reform and competitiveness improvement.

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