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Việt Nam and South Korea target $150 billion in bilateral trade by 2030

Vietnam Economic News - Mon, 04/14/2025 - 21:28
During the session, both ministers expressed satisfaction with the progress made over the past year, particularly since the 13th meeting, and acknowledged that bilateral trade in 2024 reached approximately US$81.5 billion, up 7.3 per cent compared to 2023.

Private economic sector requires open institutions: PM

Vietnam Economic News - Mon, 04/14/2025 - 21:09
Prime Minister Phạm Minh Chính noted that the draft project has yet to identify bottlenecks and constraints hindering the private economic sector's growth and stressed the need to include concrete tasks and solutions to boost the sector.

MoIT aims to reduce at least 30% of business conditions by 2025

Vietnam Economic News - Mon, 04/14/2025 - 20:24
The ministry has set an ambitious goal of cutting at least 30 per cent of unnecessary business requirements currently enforced under valid legal documents and upcoming draft regulations scheduled for submission in 2025.

MoIT aims to reduce business conditions by at least 30% by 2025

Vietnam Economic News - Mon, 04/14/2025 - 20:24
The ministry has set an ambitious goal of cutting at least 30 per cent of unnecessary business requirements currently enforced under valid legal documents and upcoming draft regulations scheduled for submission in 2025.

China, Việt Nam to consolidate trade ties

Vietnam Economic News - Mon, 04/14/2025 - 17:25
Amid rising protectionism and unilateral challenges, China and Vietnam are pressing ahead with industrial upgrading and digital transformation, positioning themselves to tap into new growth opportunities across key sectors such as advanced manufacturing, green energy, smart logistics, e-commerce and regional supply chain integration, they said.

Stock market extends recovery as VN-Index surpasses 1,240 points

Vietnam Economic News - Mon, 04/14/2025 - 16:54
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index climbed 18.98 points, or 1.55 per cent, to close at 1,241.44 points.

MoIT sets 2025 solar power price cap at up to $0.07/kWh

Vietnam Economic News - Mon, 04/14/2025 - 15:44
The decisions came into effect on April 10, 2025, in line with the Government’s directive to promptly revise the Power Development Plan VIII.

Vĩnh Phúc, Đà Nẵng agree to promote tourism

Vietnam Economic News - Mon, 04/14/2025 - 15:35
Đà Nẵng and the northern province of Vĩnh Phúc plan to develop new tour links in MICE, golf, eco-tourism and luxury segments between the two key destinations.

National committee meets to accelerate ODA, concessional loan disbursement

Vietnam Economic News - Mon, 04/14/2025 - 15:30
Between 2021 and 2024, the annual average disbursement rate was just 52 per cent.

Deputy PM chairs meeting on green credit, bond issuance

Vietnam Economic News - Mon, 04/14/2025 - 15:13
A new set of criteria will apply to investment project owners seeking green credit, entities issuing green bonds, credit institutions and foreign bank branches in Việt Nam.

Lâm Đồng to have new industrial cluster

Vietnam Economic News - Mon, 04/14/2025 - 14:26
Lâm Đồng Province will build the 40.79ha Đạ Oai Industrial Cluster in its new Đạ Huoai District at a cost of more than VNĐ172 billion (US$6.6 million)

PM urges COMAC to support Việt Nam in developing aviation industry

Vietnam Economic News - Mon, 04/14/2025 - 14:00
PM Phạm Minh Chính said that the Party and State of Việt Nam always encourage major enterprises, representing high levels of science and technology of China, to participate in new investment projects and expand investments in the fields of road, railway and aviation infrastructure in Việt Nam

National Data Centre set to launch on August 19

Vietnam Economic News - Mon, 04/14/2025 - 13:46
The Government directs urgent preparations for the centre’s launch, highlighting a digital transformation milestone.

Novaland completes early redemption of 21 bond packages

Vietnam Economic News - Mon, 04/14/2025 - 13:43
Novaland has been actively engaging in dialogues with creditors and bondholders, having already established initial restructuring agreements related to debts totalling nearly VNĐ18 trillion.

Việt Nam emerges as tech talent powerhouse: data

Vietnam Economic News - Mon, 04/14/2025 - 13:30
The Deel’s data, which offers insights into emerging global employment trends including Việt Nam, reveals strong growth in international hiring, underscoring Việt Nam’s rising influence in the global job market.

Việt Nam developing wind turbine blades that align with weather conditions

Vietnam Economic News - Mon, 04/14/2025 - 11:04
Việt Nam is focusing on the development and application of green energy technologies, including the technology surrounding wind turbine blades and solar panel production.

Italy's Liguria region eyes stronger economic cooperation with Việt Nam

Vietnam Economic News - Mon, 04/14/2025 - 11:01
An Asia-Việt Nam business dialogue in Italian city of Genoa featured expert insights into regional trade dynamics, real-world business case studies, and analysis of Việt Nam’s fast-evolving key sectors - from manufacturing to technological innovation - amid shifting global trends.

Cà Mau proactively responds to impact of US tariffs

Vietnam Economic News - Mon, 04/14/2025 - 10:02
In the face of the US announcing a 46 per cent tariff on Vietnamese goods, including seafood products, Cà Mau Province has proactively reviewed and assessed the impact of the levy on this industry, ensuring that the production chain, especially shrimp exports, is not disrupted.

VN emerges as auto manufacturing hub

Vietnam Economic News - Mon, 04/14/2025 - 09:31
In early 2025, Việt Nam’s automotive industry recorded strong momentum. Alongside the surge in vehicle output, several international brands announced plans to establish factories in the country.

Balancing strict regulations with investment demands to revive Việt Nam's IPO: experts

Vietnam Economic News - Mon, 04/14/2025 - 09:06
The primary reason for this downturn appears to be the country’s stringent listing requirements, which, while aimed at maintaining market stability and protecting investors, have also made it difficult for companies, especially in the technology sector, to go public, said experts.

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