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PM approves Việt Nam carbon market development project

Vietnam Economic News - Sat, 01/25/2025 - 22:14
On January 24, the Prime Minister issued Decision No. 232/QĐ-TTg to approve the establishment and development of Việt Nam’s carbon market.

Masan posts profit of $79.9 million in 2024, aims for 52% profit growth in 2025

Vietnam Economic News - Sat, 01/25/2025 - 20:37
Subject to customary corporate approvals, macroeconomic conditions and consumer market recovery, Masan forecasts that net revenue for 2025 will range between VNĐ80 trillion (over $3.1 billion) and VNĐ85.5 trillion ($34 billion), representing a seven to 14 per cent growth year-on-year.

Việt Nam-Singapore trade hits record high in 2024

Vietnam Economic News - Sat, 01/25/2025 - 20:18
Việt Nam’s trade value with Singapore hit an all-time high in 2024, surpassing SG$31.67 billion (approximately US$23.5 billion).

Vietnamese footwear companies urged to boost green exports

Vietnam Economic News - Sat, 01/25/2025 - 17:32
Applying green export standards would improve Vietnamese footwear enterprises' brand value and their competitiveness in the global market.

Shareholders vote against selling KIDO Foods shares 

Vietnam Economic News - Sat, 01/25/2025 - 10:26
KIDO Corporation held an extraordinary shareholders' meeting to gather opinions on issues related to the sale of ownership shares in KIDO Foods Joint Stock Company.

Shareholders voted against selling KIDO Foods shares 

Vietnam Economic News - Sat, 01/25/2025 - 10:26
KIDO Corporation held an extraordinary shareholders' meeting to gather opinions on issues related to the sale of ownership shares in KIDO Foods Joint Stock Company. 

VN’s auto market sees return of Chinese cars

Vietnam Economic News - Sat, 01/25/2025 - 08:04
The return of Chinese car brands to Việt Nam, particularly with a focus on affordable electric vehicles (EVs) and modern features, represents a significant evolution in their market strategy.

Việt Nam tech giant FPT rides high profit

Vietnam Economic News - Fri, 01/24/2025 - 23:35
Việt Nam tech giant, FPT has achieved impressive financial results in 2024, reporting a revenue of nearly VNĐ63 trillion, marking a 19.4% increase year-on-year.

Bà Rịa-Vũng Tàu to develop international port worth nearly $230 million

Vietnam Economic News - Fri, 01/24/2025 - 20:05
The project aims to construct the Mỹ Xuân International General Port, capable of accommodating ships with a capacity of up to 60,000 DWT.

Việt Nam’s export to Philippines tops $6 billion for first time

Vietnam Economic News - Fri, 01/24/2025 - 18:50
Việt Nam’s trade with the Philippines has reached an impressive milestone, with turnover exceeding US$8.6 billion in 2024, up 11 per cent year-on-year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Market ends Year of the Dragon on a high note

Vietnam Economic News - Fri, 01/24/2025 - 18:41
Market breadth was positive, with 178 gainers outweighing 141 decliners. Liquidity remained subdued, falling 7.5 per cent from the previous session to approximately VNĐ12.2 trillion (US$486.5 million), with a trading volume of 536 million shares.

Online “fake news” articles defaming businesses and individuals and scamming readers

Vietnam Economic News - Fri, 01/24/2025 - 14:39
In recent weeks, Facebook and other social media channels have been awash with posts claiming that top executives from businesses in Việt Nam, including Vingroup, FPT, and VinaCapital, have been “caught on tape” supposedly saying scandalous things.

Vietnamese spend big on áo dài for Tết celebration

Vietnam Economic News - Fri, 01/24/2025 - 12:52
756,600 áo dài were sold on Shopee and TikTok Shop between December 20, 2024, and January 19, 2025, worth a total of VNĐ189.6 billion (US$7,420).

AI could help Việt Nam improve productivity, speed up development

Vietnam Economic News - Fri, 01/24/2025 - 09:27
Asus surveys have shown the majority of users, once familiar with AI, can improve their productivity significantly.

Banks selling mortgaged assets to recover bad debts

Vietnam Economic News - Fri, 01/24/2025 - 09:12
Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.

Market's margin debt hit new record-high

Vietnam Economic News - Fri, 01/24/2025 - 08:17
This surge in margin debt reflects a dynamic shift in the market's financial landscape.

Convenience stores struggle to make profit

Vietnam Economic News - Fri, 01/24/2025 - 08:10
The convenience store segment in Việt Nam's retail market is dominated by foreign chains and is barely profitable.

Việt Nam's digital tech sector boasts nearly 74,000 companies

Vietnam Economic News - Fri, 01/24/2025 - 07:16
The total revenue of Việt Nam's digital tech companies reached nearly US$158 billion in 2024, a 10.2 per cent year-on-year increase.

HCM City wholesale markets ready for Tết

Vietnam Economic News - Thu, 01/23/2025 - 22:44
HCM City’s agriculture wholesale markets have focused on ensuring adequate supply of goods such as meat, fruits and vegetables for the upcoming Tết holidays, but demand at these markets is not as high as usual.

Quảng Trị and Italian company to collaborate in carbon credit generation

Vietnam Economic News - Thu, 01/23/2025 - 18:23
Acting vice chair of the province Hà Sỹ Đồng expressed his hope that the collaboration will effectively contribute to Việt Nam’s and Italy’s international ecological environment commitments.

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