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Stock market poised for breakout as VN-Index looks set to approach 1,300 points

Vietnam Economic News - Mon, 02/17/2025 - 05:00
Despite fluctuations over the past week, the VN-Index managed to sustain its uptrend but has yet to decisively break through the 1,280- to 1,300-point resistance zone.

Petrolimex plans to fully divest its capital in Petrolimex Laos

Vietnam Economic News - Sun, 02/16/2025 - 15:23
The auction is expected to take place in the first quarter of 2025, with an initial price of over VNĐ68.1 billion and a 10 per cent deposit required for participation.

Bình Dương plans to build eco-industrial park

Vietnam Economic News - Sun, 02/16/2025 - 10:02
Bình Dương Provincial People's Committee, Becamex IDC Corporation, the World Bank (WB) and relevant units held a workshop to kick off a feasibility study of the Eco-Industrial Park on February 14 in the province.

HCM City to build high-tech training centre

Vietnam Economic News - Sun, 02/16/2025 - 07:36
HCM City will establish an international-standard High-Tech Skills Training Centre to improve the qualifications of Vietnamese workers.

DongA Bank renamed as Vikki Digital Bank

Vietnam Economic News - Sat, 02/15/2025 - 16:57
DongA Commercial Joint Stock Bank (DongA Bank) has changed its name to Vikki Digital Bank Limited (Vikki Bank) following Decision No. 42/QĐ-TTGSNH2 issued by the State Bank of Vietnam (SBV) on February 14, 2025.

Việt Nam to impose VAT on low-value express-imported goods

Vietnam Economic News - Sat, 02/15/2025 - 16:17
Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.

EU issues 12 warnings against Việt Nam’s food and agricultural exports

Vietnam Economic News - Sat, 02/15/2025 - 13:54
The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.

Việt Nam approves carbon market development project

Vietnam Economic News - Sat, 02/15/2025 - 13:10
The project is designed to accelerate the development of a low-carbon economy and address climate change, working toward the goal of achieving net-zero emissions by 2050. From 2029, the carbon market will be officially operated nationwide.

Key agro products expected to maintain export growth this year

Vietnam Economic News - Sat, 02/15/2025 - 09:22
At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.

Hi-tech, semiconductor sectors promote Việt Nam's industrial property development

Vietnam Economic News - Sat, 02/15/2025 - 08:20
Việt Nam is emerging as a strategic destination for large tech corporations due to its advantageous location in the global supply chain.

Bắc Giang aims to maintain position as one of Việt Nam's fastest-growing provinces

Vietnam Economic News - Sat, 02/15/2025 - 07:57
This year, the northern province of Bắc Giang will accelerate the removal of difficulties and obstacles for investors and firms, especially in compensation and site clearance, to help maintain its position as one of the provinces with the strongest economic growth in the country.

HCM City expands market stabilisation programme

Vietnam Economic News - Fri, 02/14/2025 - 18:07
HCM City will further intensify efforts to control product quality, stabilise the market, and promote export activities this year in order to curb inflation and contribute to the city’s overall growth targets, according to the city's Department of Industry and Trade.

Market extends gains, VN-Index inches closer to 1,280 points

Vietnam Economic News - Fri, 02/14/2025 - 17:07
The index broke over 1,280 points earlier in the session.

Bank credit growth in HCM City marginally up in January

Vietnam Economic News - Fri, 02/14/2025 - 16:38
Total loans outstanding at banks in HCM City at the end of January were worth VNĐ 3.9 quadrillion (US$153.5 billion), up 0.04 per cent from the end of 2024 and 12.4 per cent year-on-year, according to the central bank.

Rice export prices drop, but decline expected to be short-term

Vietnam Economic News - Fri, 02/14/2025 - 16:16
Việt Nam’s rice export prices have declined, reaching their lowest level in three years.

Việt Nam boosts pharmaceutical chemical exports

Vietnam Economic News - Fri, 02/14/2025 - 15:45
By 2030, Việt Nam aims to produce 20 per cent of the raw materials needed for pharmaceutical production, meeting 50 per cent of the demand for functional food and cosmeceutical ingredients domestically.

Bắc Giang aims to attract $1.5 billion in FDI this year

Vietnam Economic News - Fri, 02/14/2025 - 15:18
Bắc Giang will focus on strategic and targeted foreign direct investment (FDI) attraction, prioritising green investment and high-tech industries.

Approximately 500 exhibitors to gather at Vietnam Expo 2025

Vietnam Economic News - Fri, 02/14/2025 - 14:01
Việt Nam considers science, technology and innovation as a critical factor for development to reach its goal of becoming a modern industrialised nation by 2030 and a developed, high-income country by 2045.

ACB launches preferential home loan package for young buyers

Vietnam Economic News - Fri, 02/14/2025 - 13:18
The programme offers loan terms of up to 30 years, with an attractive interest rate starting from 5.5 per cent per year and a fixed rate for the first five years.

Vietnam AutoExpo to return Hà Nội in June

Vietnam Economic News - Fri, 02/14/2025 - 13:15
The 18th International Exhibition on Automobile, Transportation and Supporting Industries - Vietnam AutoExpo 2025 - will take place from June 12 to 14 in Hà Nội.

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