News

Việt Nam and the UK are stepping up cooperation to support the development of an international financial centre (IFC) in Việt Nam, with experts stressing that strong legal and regulatory foundations will be critical if the country is to emerge as a regional financial hub.

The Vietnamese market offers numerous opportunities for Norwegian salmon and seafood exporters to further develop, positioning the country as one of the fastest-growing markets in Southeast Asia, as confirmed by the Norwegian Seafood Council (NSC).

The move is expected to lay the foundation for the two sides to implement specific cooperation programmes in the future, which will help build a cohesive and efficient supply chain along with logistics and industrial production to serve the overall development of the economy.

Export turnover of squid surpassed $64 million, rising nearly 30 per cent, while octopus exports generated more than $47 million, up over 16 per cent.

Themed ‘Information Security – Building Trust – Sustainable Consumption’, this year’s event will focus on three main pillars including ensuring consumer data security in the context of the digital economy; strengthening connections between the State, businesses and consumers; and promoting responsible consumption and efficient energy use.

The nighttime economy could become a new growth driver for HCM City if it is developed as a complete ecosystem rather than through fragmented efforts, experts and policymakers have agreed.

Prime Minister Phạm Minh Chính urged the Ministry of Industry and Trade to work with international partners to begin construction of a strategic petroleum storage facility in Nghi Sơn Commune in Thanh Hóa Province, and to report on their progress.

Deputy Prime Minister Trần Hồng Hà urged the construction sector to raise solutions to building climate-resilient living spaces, accelerating green and digital transitions, and strengthening technological and material self-reliance amid global geopolitical uncertainties.

Foreign investors also maintained a net selling trend, offloading more than VNĐ745.6 billion on HoSE.

Under a draft resolution of the National Assembly’s Standing Committee, the taxes on gasoline (excluding ethanol-blended fuel) and diesel are proposed to be halved to VNĐ1,000 and VNĐ500 per litre, respectively. The tax on jet fuel is proposed to be reduced by VNĐ50 to VNĐ1,000 per litre.