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HCM City, India promote information technology cooperation

Vietnam Economic News - Thu, 02/27/2025 - 16:02
HCM City wants to enhance cooperation with Indian information technology corporations and innovative startups to jointly implement high-tech projects, especially in artificial intelligence, big data, and cloud computing, deputy chairman of the city People’s Committee told a seminar in HCM City on February 27.

Market gains as liquidity improves

Vietnam Economic News - Thu, 02/27/2025 - 15:49
Trading liquidity rose to VNĐ18.7 trillion (US$731.4 million), with nearly 893 million shares changing hands.

Bắc Ninh licences 48 new FDI projects worth over $200m

Vietnam Economic News - Thu, 02/27/2025 - 15:21
Bắc Ninh province now has 2,459 valid FDI projects with a total registered capital of nearly US$31.3 billion.

Prices of old social housing projects in Hà Nội skyrocket

Vietnam Economic News - Thu, 02/27/2025 - 12:28
The scarcity of affordable housing is a factor that pushes prices up, according to an economist.

VN mulls merging laws, streamlining export mechanisms

Vietnam Economic News - Thu, 02/27/2025 - 09:48
Export markets, such as South Korea and Japan, have their own regulations and do not ask for the conformity certification mandated by the Vietnamese government, leaving local businesses with extra costs and time wasted on paperwork.

Commercial banks upbeat about achieving high profits in 2025

Vietnam Economic News - Thu, 02/27/2025 - 08:42
Vietnamese commercial banks are optimistic about their 2025 profit targets, with many expecting increases of 20 per cent to 30 per cent due to anticipated robust economic growth and a resurgence in credit activity.

Int’l financial institutions show positive views on Việt Nam's growth prospects

Vietnam Economic News - Thu, 02/27/2025 - 08:12
The Vietnamese government is demonstrating a high determination in promoting public investment, focusing on numerous strategic infrastructure projects that connect economic centres. This will serve as an important launching pad for Vietnam to enter a new era – the era of the nation’s rise, according to HSBC.

NSMO asked to ensure sufficient electricity supply

Vietnam Economic News - Thu, 02/27/2025 - 08:11
Ensuring an adequate electricity supply for 2025, given this relatively high demand growth, will be a challenge, especially since the progress of new power projects has not yet aligned with this growth.

UK to export more products to Việt Nam

Vietnam Economic News - Thu, 02/27/2025 - 07:49
The UK’s exports of goods to Việt Nam grew by 9.9 per cent last year, and the country is aiming to maintain this momentum in 2025.

Anti-dumping tariffs on Chinese steel to boost local products

Vietnam Economic News - Thu, 02/27/2025 - 07:13
The duties not only aim to level the playing field for local manufacturers, but have also instilled renewed confidence among investors.

Việt Nam seeks more effective cooperation with US-based S&P Global Ratings: PM

Vietnam Economic News - Thu, 02/27/2025 - 06:13
S&P’s operations have significantly contributed to the development of Việt Nam's financial market, enhancing market confidence through credit ratings.

Market dips slightly as foreign investors extend selling streak

Vietnam Economic News - Wed, 02/26/2025 - 21:51
The stock market saw a slight downturn on Wednesday, accompanied by a drop in liquidity, as foreign investors continued their net-selling streak for the fifth consecutive session.

International trade fair for apparel, textiles and textile technologies opens in HCM City

Vietnam Economic News - Wed, 02/26/2025 - 21:50
The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT 2025) opened at the Saigon Exhibition and Convention Centre in HCM City on February 26, providing a hub for suppliers and buyers across the entire textile value chain to meet and explore collaboration opportunities.

Việt Nam seeks UK support in developing financial centres

Vietnam Economic News - Wed, 02/26/2025 - 21:16
Deputy PM Nguyễn Hoà Bình encouraged UK investment in Việt Nam through direct projects and financial models, highlighting Việt Nam's efforts to develop regional and international financial centres as a key national policy aimed at mobilising resources for faster, more robust development.

Petrolimex, ADB collaborate in energy transition

Vietnam Economic News - Wed, 02/26/2025 - 21:08
The Asian Development Bank (ADB) will help the Vietnam National Petroleum Group (Petrolimex) to assess its investment and business portfolio for an energy transition.

VinFast, VASEP partner for green transition

Vietnam Economic News - Wed, 02/26/2025 - 20:56
The Vietnam Association of Seafood Exporters and Producers (VASEP) and electric vehicle manufacturer VinFast will promote the use of electric vehicles for a cleaner environment.

Cybersecurity information sharing platform to be launched in March

Vietnam Economic News - Wed, 02/26/2025 - 20:47
The National Cybersecurity Association (NCA) expects to launch a cybersecurity information sharing platform by the end of March.

Lobster and shrimp exports to China, EU see positive growth last month

Vietnam Economic News - Wed, 02/26/2025 - 19:00
Lobster exports accounted for nearly half of Việt Nam’s total seafood export turnover to China in January.

MoIT advises local businesses to study new trade defence regulations in US

Vietnam Economic News - Wed, 02/26/2025 - 17:09
To protect the interests of Vietnamese export businesses, authorities have advised associations and exporters to thoroughly study the updated US trade defence regulations before exporting goods there.

Laws on artificial intelligence crucial for digital transformation: experts

Vietnam Economic News - Wed, 02/26/2025 - 15:56
Experts say it is crucial to understand how responsible use of artificial intelligence (AI) will help humans enhance their intellectual capabilities.

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