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PM calls for flexible response to US tariffs, maintaining 8% growth target

Vietnam Economic News - Sun, 04/06/2025 - 21:00
PM Chính emphasised that Việt Nam will not change its target of achieving economic growth of 8 per cent or higher this year, while simultaneously maintaining macroeconomic stability, ensuring social welfare, and improving people's livelihoods.

Việt Nam's GDP expands by 6.93 per cent in Q1

Vietnam Economic News - Sun, 04/06/2025 - 20:17
According to the NSO, the agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74 per cent, 7.42 per cent and 7.7 per cent, contributing 6.09 per cent, 40.17 per cent, and 53.74 per cent to the total GDP expansion during January–March, respectively.

Public satisfaction with administrative services improves further: conference

Vietnam Economic News - Sun, 04/06/2025 - 15:34
The 2024 PAR Index achieved its highest average value to date – at 88.37 per cent, up 1.39 per cent from 2023, with all the 63 provinces and centrally-run cities scoring above 80 per cent.

Hải Phòng inaugurates 73ha-smart port

Vietnam Economic News - Sun, 04/06/2025 - 14:43
Equipped with cutting-edge technology at berths 5 and 6, HHIT marks Việt Nam's first privately developed smart port.

FDI predicted to surge in high-value technology industries

Vietnam Economic News - Sun, 04/06/2025 - 12:12
Việt Nam is emerging as a prime destination for investors in science and technology, especially in the semiconductor industry.

Flight aims to boost Việt Nam–US trade and investment ties

Vietnam Economic News - Sun, 04/06/2025 - 10:03
The flight brought together representatives of Việt Nam’s business community across a wide range of sectors, including finance and banking, aviation, energy, technology, and import-export.

RCEP agreement marks three years of advancing regional trade cooperation

Vietnam Economic News - Sun, 04/06/2025 - 05:23
Currently, the agreement covers a market of approximately 2.3 billion people, representing around 30 per cent of the global population and GDP. Notably, five of its 15 members are members of the G20.

AmCham proposes US postpone reciprocal tariffs on Việt Nam's goods

Vietnam Economic News - Sat, 04/05/2025 - 15:04
While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.

Việt Nam defers over $3.9 billion in tax and land rent payments for 2025

Vietnam Economic News - Sat, 04/05/2025 - 12:37
Under Decree 82, businesses and household businesses are eligible for a deferral on value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent.

Suntory’s first female CEO shares how the company shapes a sustainable, inclusive future

Vietnam Economic News - Sat, 04/05/2025 - 11:26
In an exclusive interview with Việt Nam News on her recent visit to Việt Nam, Suntory Beverage & Food’s CEO Makiko Ono reflects on her inspiring journey to the top.

Vietnamese contractors aim for global stage with mega projects

Vietnam Economic News - Sat, 04/05/2025 - 09:50
Việt Nam’s construction sector is pushing to deliver more mega, world-class projects, boosting its global reputation and ushering the nation into a new era – the era of the nation's rise.

Việt Nam’s nuclear comeback powers the future

Vietnam Economic News - Sat, 04/05/2025 - 08:52
The revival of the project signals Việt Nam's shift towards energy diversification to meet rising electricity demand, while honouring its carbon reduction commitments.

Experts urge caution over proposed sugary drink tax in Việt Nam

Vietnam Economic News - Fri, 04/04/2025 - 22:53
At a forum on SCT held in Hà Nội on April 4, hosted by the Việt Nam Beer–Alcohol–Beverage Association (VBA), concerns were raised that a sudden imposition of the tax could deliver a “shock” to producers, disrupt business operations, and burden consumers.

Tuyên Quang calls for OVs, businesses to expand investment

Vietnam Economic News - Fri, 04/04/2025 - 22:39
Tuyên Quang has actively engaged with overseas Vietnamese through international outreach, business networking, and collaboration with the Vietnam business association abroad.

Hưng Yên's leader commits full support to US investors

Vietnam Economic News - Fri, 04/04/2025 - 21:12
Secretary of the Hưng Yên provincial Party Committee Nguyễn Hữu Nghĩa promised full support in terms of land access, taxation, and legal procedures to US firms eager to invest in the province, at a working session with US Ambassador to Việt Nam Marc E. Knapper on April 4.

Market extends decline as VN-Index slips closer to 1,210 points

Vietnam Economic News - Fri, 04/04/2025 - 20:16
At the close of trading on the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index fell by 19.17 points, or 1.56 per cent, to end at 1,210.67 points.

Taxing times

Vietnam Economic News - Fri, 04/04/2025 - 20:04
The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

Taxing time

Vietnam Economic News - Fri, 04/04/2025 - 20:04
The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

Standard Chartered Group Chief Executive’s visit underscores the bank’s long-term commitment to Việt Nam

Vietnam Economic News - Fri, 04/04/2025 - 16:42
On his visit, the senior executive of Standard Chartered called on Prime Minister Phạm Minh Chính, as well as leaders of Ministry of Finance and the State Bank of Việt Nam

Manulife and World Economic Forum unveil ‘Innovating for Asia’s Demographic Future Challenge’

Vietnam Economic News - Fri, 04/04/2025 - 16:09
The initiative invites start-ups, innovators and changemakers to submit solutions focused on enhancing long-term financial resilience, well-being and fulfilment throughout multi-stage lives in Asia, particularly in terms of a rapidly ageing society, with prizes for the best ideas.

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