Vietnam News
Tây Ninh attracts $101 million FDI in January
The south-eastern province of Tây Ninh attracted three foreign-invested projects valued at US$101 million in January, according to its People’s Committee.
Đà Nẵng financial centre should differentiate itself from others globally: expert
Việt Nam’s commitment to achieving net zero emissions by 2050, combined with ASEAN’s US$1 trillion green finance demand by 2030, presents incredible opportunities.
MCH to be listed on HOSE in 2025 to unlock value
According to Michael Hung Nguyen, deputy CEO of Masan Group, the listing transfer will help Masan Consumer unlock its value, enhance operational efficiency, and expand access to capital markets.
Tapping potential of cruise tourism
Despite challenges from Typhoon Yagi, Quảng Ninh’s tourism sector welcomed 19 million visitors, including 3.8 million international tourists in 2024. The province is working to maximise the potential of cruise tourism, leveraging its advantages to attract more international visitors.
Energy sector accelerates improvements for robust economic growth ahead
With much higher economic growth targets set for the future along with a strong commitment to achieve net zero emissions by the end of 2025, Việt Nam is seeing growing demand for electricity.
Việt Nam needs to brace for growing global trade volatility: Insiders
As the threat of a global trade war looms, insiders held that Việt Nam needs to take proactive steps to develop tailored responses that will insulate its production, business, and export activities from the effects of market volatility.
Draft law on State capital management to be finalised by February 13: Deputy PM
The draft Law on Management and Use of State Capital Invested in Production and Business in Enterprises was discussed at a meeting in Hà Nội on Friday.
First Gemini cooperation vessel connects Việt Nam to US West Coast
First Gemini cooperation vessel Maersk Antares on the night of February 7 departed from Cái Mép International Terminal (CMIT) in Bà Rịa-Vũng Tàu Province after successfully and safely handling nearly 11,000 TEUs of cargo and empty containers.
Bắc Giang workers back to work, ready for new year
Several businesses in Bắc Giang Province have had 100 per cent of their staff return.
VN’s car industry to diversify supply chain
While China remains a significant supplier, recent trade data highlights Việt Nam’s efforts to diversify supply to meet industry demands.
Việt Nam deepens cooperation with FAO to advance sustainable agriculture
In 2024, Việt Nam’s agricultural sector reaffirmed its role as the backbone of the economy, ensuring food security, stabilising society and securing livelihoods for over 60 per cent of the rural population.
Gold prices mixed on God of Wealth Day
Gold prices exceeded the threshold of VNĐ90 million (US$3,550) per tael on Friday, the God of Wealth Day.
HCM City residents increase consumer spending during Tết holiday
HCM City’s Tết spending rose, with retail and service revenue reaching VNĐ108 trillion ($4.3 billion) in January, up 7.5 per cent year-on-year.
Bắc Giang sets goal of attracting $1.5 billion in FDI this year
The province will continue to promote industrial restructuring by attracting investment in large-scale processing and manufacturing industry projects.
Hà Nội residents queue from 3am to buy gold
Buying gold on God of Wealth’s Day for good luck has been a tradition for a lot of Vietnamese, but financial experts said people should consider their own financial health to make sound decisions and avoid unwanted risks.
Exports of agro-forestry-aquatic products down nearly 5 per cent in January
Việt Nam’s export value of agro-forestry-aquatic products was estimated at US$5.08 billion in January, marking a 4.9 per cent decline compared to the same period last year.
Rushing for gold and hope
On the 10th day of the first lunar month, the Vietnamese celebrate the God of Wealth Day. Gold shops are bustling with customers as people purchase gold in the belief that it will bring them wealth and success in the year ahead. Let’s take a look at the lively atmosphere
Retail sales of consumer goods and services up 9.5% in January
In the first month of 2025, total retail sales of consumer goods and services in January are estimated at 573.3 trillion VNĐ (US$22.64 billion), up 2.7 per cent over the previous month and 9.5 per cent over the same period last year.
Việt Nam’s pepper industry expects dynamic market in 2025
Demand from the US and European food and spice processing industries remains a key driver of Việt Nam’s pepper exports.
Discovering Hà Giang, a springtime paradise
As spring unfolds, Hà Giang transforms into a tapestry of colours, with radiant peach, pear and plum blossoms painting the landscape. The ethnic villages, rich in cultural identity, come alive with exciting festivals early in the year.
Việt Nam makes largest-ever presence at Germany fruit fair
The Việt Nam Fruits and Vegetables Association (Vinafruit) set up ten booths at Fruit Logistica, the world’s largest fruit and vegetable exhibition.
January CPI up 0.98 per cent
Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98 per cent rise in the Consumer Price Index (CPI) in January.
Thailand extends work permits for workers from neighbouring countries
Work permits for Lao and Vietnamese workers are extended for three months, until May 13, 2025, while Cambodian and Myanmar workers can stay in Thailand for an additional 6 months, until August 13, 2025.
Việt Nam – China economic, trade cooperation flourishes
China-Việt Nam economic ties have thrived, with bilateral trade reaching US$260.65 billion in 2024, a 13.5 per cent increase, and Việt Nam becoming a key destination for Chinese investors.
Cần Thơ grants investment for Vĩnh Thạnh Industrial Park Phase 2
Located in Vĩnh Thạnh District across an area of 540.58 hectares, the project has a total investment of VNĐ7.85 trillion (US$309 million).
Việt Nam’s trade surplus exceeds $3 billion in January
Việt Nam recorded a trade surplus of more than US$33 billion in the first month of 2025, despite a 10.5 per cent decline year-on-year in total export and import turnover
Nearly 23,000 businesses resume operations in January
The first month of 2025 witnessed a record number of businesses restarting operations, with 22,794 enterprises returning to the market.
Bank stocks drive market recovery
The VN-Index officially surpassed the 1,270-point threshold, while liquidity declined slightly and foreign investors maintained their net-selling trend.
Việt Nam’s coffee exports reach nearly $800 million in January
Statistics from the Việt Nam Coffee-Cocoa Association show that in January 2025, Việt Nam exported 154,635 tonnes of coffee, generating revenues of US$799.5 million.
Reaching economic targets hinges on balancing GDP growth and inflation control
To maintain economic stability, the Deputy Prime Minister underscored the need for an uninterrupted supply of fuel, electricity, and essential goods.
Used car market to face significant challenges in 2025: experts
The used car market in 2025 is set to experience intensified competition, according to market experts.
HCM City: Nearly 1 million workers back to work after Tết holiday
Nearly 1 million workers of more than 12,600 businesses with trade trade unions in HCM City have returned to work following the nine-day Lunar New Year holiday.
Over 95% of businesses in Hải Phòng IZs resume operations
More than 95 per cent of enterprises at industrial zones in the northern port city of Hải Phòng have resumed normal operations.
SJC gold moves closer to previous peak
SJC gold prices are quoted by major enterprises at VNĐ88 million per tael (US$3494.84) for sellers and VNĐ91 million per tael ($3613.98) for buyers.
Việt Nam and India trade reached $15 billion in 2024
Trade relations between Việt Nam and India continue to flourish, with bilateral trade turnover reaching around US$15 billion in 2024.
Flexible tax policy to propel Việt Nam’s economic growth in 2025
The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.
Over $100 billion in exports granted preferential C/O
Thanks to the positive results of leveraging tariff preferences from Free Trade Agreements, Việt Nam issued 1.8 million certificates of origin for US$100 billion worth of goods exported in 2024.
Gold bar, ring supplies are limited ahead of God of Wealth day
At some large stores on Trần Nhân Tông and Cầu Giấy streets in Hà Nội, gold bars and gold rings are noticeably scarce.
PM Chính asks credit institutions to stabilise gold market
Prime Minister Phạm Minh Chính signed Directive No. 03/CT-TTg on February 4, 2025, highlighting key tasks for implementation after the 2025 Lunar New Year holiday. The directive includes a special emphasis on stabilising the gold market in Việt Nam.
Việt Nam’s rubber exports to Malaysia surge more than fivefold
In terms of product type, latex rubber dominated exports to Malaysia, making up 76.5 per cent of the total rubber exports to this market in 2024.
Digital banking services in Việt Nam make remarkable stride
More than 87 per cent of Việt Nam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95 per cent of transactions through digital channels.
Việt Nam’s manufacturing PMI slips into contraction in January
Business conditions in the Vietnamese manufacturing sector weakened in the first month of 2025 with drops in both output and new orders.
Việt Nam–CPTPP trade turnover exceeds $100 billion
The turnover accounts for 13.1 per cent of Việt Nam’s total import-export turnover last year.
Banking sector asked to move past difficulties, create breakthroughs
Visiting the State Bank of Vietnam (SBV) on the first working day after the nine-day Tết holiday – PM Phạm Minh Chính commended the central bank for proactively monitoring both international and domestic economic developments.
Vietnamese businesses in Cambodia commit to fostering strong and prosperous Việt Nam
The Vietnamese business community in Cambodia is dedicated to supporting Việt Nam’s growth and prosperity, said Dr Heng LiHong, BAOOV Standing Member and VCBA Vice President cum Secretary General.
Software exporter looks to new pace of growth
FPT Software (F-Soft) Đà Nẵng plans to earn VNĐ3.6 trillion (US$144 million) in exports in 2025 after introducing a third campus at the FPT Complex and signing a strategic deal with the city.
Việt Nam’s technology start-up funding drops 38 per cent last year
Việt Nam is currently ranked 51st globally in terms of start-up funding, ahead of Iceland and Luxembourg.
Stock market drops after Tết 2025 while gold prices surge
Market breadth leaned negative, with 168 declining stocks outnumbering 158 gainers.
HCM City to combat real estate speculation
The authorities have called for increased oversight of real estate investors, trading platforms, and brokers to promptly address violations.
Việt Nam’s exports to EU see impressive recovery in 2024
Việt Nam’s exports to the EU made an impressive recovery in 2024, reaching nearly US$51.7 billion, an increase of $8.08 billion compared to 2023.
Institutional reform is crucial to promoting business development
For Việt Nam, this year could bring more difficulties than opportunities, as domestic businesses grapple with weak consumer purchasing power, declining business confidence and rising input costs.
Trump’s trade policy 2.0: What it means for Việt Nam’s economy
Trump’s new trade policies could impact Việt Nam’s economy, requiring careful monitoring and strategic adjustments.
Investment opportunities seen in rubber, steel industries in 2025
The potential for transforming rubber land into industrial zones has emerged as a lucrative avenue for investment.
Chinese carmakers to build automobile plants in Thái Bình
Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thái Bình province in the first half of 2025.
Việt Nam has six billionaires in Forbes’ latest global rich list
Việt Nam has six billionaires after chairman of Masan Group Nguyễn Đăng Quang rejoining the Forbes’ latest list of the world’s richest individuals.
Hà Nội takes action to pursue double-digit expansion
The emphasis is on transitioning towards a digital, green and circular economy, within a socially inclusive economic landscape.
Opportunities and challenges in Việt Nam’s crypto boom
Việt Nam boasts one of the most active investment communities in the cryptocurrency sector. However, protecting investors and promoting sustainable growth requires a robust legal framework.
Red River Delta emerges as magnet for FDI
In 2024, the Red River Delta contributed four localities to the top five provinces attracting the largest FDI nationwide.
The stock market after Tết 2025 presents both challenges and opportunities
Việt Nam’s stock market following the 2025 Lunar New Year (Tết Nguyên Đán) presents a complex landscape of risks and potential gains, driven by foreign capital inflows, economic resilience, and looming corporate bond maturity pressures, according to one securities expert.
Housing market will flourish this year: experts
Recently, the market has received support from factors like economic growth, macroeconomic stability, institutions, legal frameworks, planning, supply and demand.
SCIC plans record share auction for Domesco
Scheduled for March 3, this auction is expected to be a significant event in the market, potentially attracting both domestic and foreign investors.
Oil company’s profits hit 9-year high
This success is attributed to enhancements in production and business operations, optimisation resources and expansion into international markets.
Domestic gold prices surge after Tết holiday
As trading resumed after the Lunar New Year (Tết) holiday, the domestic gold market saw a sharp surge.
Bến Tre sets ambitious economic goals in 2025
The southern province of Bến Tre eyes ambitious goals to develop its industrial sectors, increase investment, and improve the business environment.
Structural reform, innovation to drive Việt Nam’s sustainable development: EuroCham chair
Bruno Jaspaert, chair of EuroCham Vietnam told the Vietnam News Agency in a recent interview that Việt Nam continued to stand out as a highly attractive destination for foreign investors, including those from Europe.
E-commerce, a game changer for textile manufacturers
According to a Việt Nam Textile and Apparel Association (VITAS) report, the proportion of textile businesses adopting e-commerce strategies has increased from 7-8 per cent in 2021, to over 20 per cent by the end of last year.
Đà Nẵng aiming to become a regional financial centre before 2050
The city is setting out goals to promote the development of the financial system in the 2021-30 period, striving for Đà Nẵng to become a regional financial centre in just 25 years.
Kazakhstan’s flag carrier to launch flights to Nha Trang
Kazakhstan’s national flag carrier Air Astana will operate flights from Almaty and Astana cities of the Central Asian nation to the resort city of Nha Trang in Việt Nam’s south central province of Khánh Hòa from March.
Apartments gain in popularity in capital
Apartments in the capital of Hà Nội have gained in popularity in recent years, as a source of rental income and a reliable safe haven for people who seek shelter from inflation, said property experts and industry insiders.
Land rent reduction should continue: VCCI
In an earlier development, the Ministry of Finance said it has been working on alternatives to the current flat 30 per cent reduction in land rent.
Which investments to make in 2025?
Financial reports indicate a large amount of cash in the banking system at the end of 2024. Investors in 2025 will have plenty of choices of where to put their money, according to economists and financial analysts.
Hải Dương attracts US$84 million in investment projects in industrial parks in January
Industrial parks in Hải Dương Province have attracted three investment projects with a total capital of US$84 million in January 2025, according to the Management Board of Hải Dương Industrial Parks.
Việt Nam’s exports stay strong during Tết holiday
During this period, various strategic measures have been implemented to boost exports to China.
China remains the largest market for Việt Nam’s cassava and cassava products
China accounted for 92.85 per cent of the total export volume and 91.77 per cent of the total export value, amounting to 2.43 million tonnes worth $1.06 billion.
VCCI proposes definitions on developing regional, international financial centres
The Vietnam Chamber of Commerce and Industry (VCCI) say that the draft does not mention large customers who use financial service such as corporations, parent and holding companies.
Travelling with family, the in-thing among Vietnamese in 2025
Over half a year has passed, and Đỗ Ngọc Mạch of District 7, HCM City, continues to recall his trip to the UK with his family every time he meets with friends.
Brandnew e-commerce law to address policy gaps
The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
Hải Phòng seaport system strives to handle 112 million tonnes of cargo this year
The Hải Phòng Maritime Port Authority will coordinate with the municipal People’s Committee and relevant sides to find locations for dumping waste from construction, dredging, and maintenance activities.
Việt Nam’s export sector sees a strong start to 2025
The momentum from 2024 is already evident in the early days of 2025. In the lead-up to the Tết (Lunar New Year) holiday, production has been accelerating to meet signed orders.
Stock market expected to rebound positively after Tết holiday: expert
Currently, the VN-Index is fluctuating within a wide range of 1,200 to 1,300 points. Without a decisive breakout in either direction, this level of liquidity remains typical.
Brand-new e-commerce law to address policy gaps
The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
The Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming to meet domestic production and consumption needs.
Việt Nam establishes investment support fund to attract more major tech investors
It creates the framework for the fund, providing cash grants and subsidies to enterprises with qualified investment projects in Việt Nam.
Gloomy picture for cement industry as supply far exceeds demand
While cement supply is projected to reach approximately 124.75 million tonnes this year, domestic demand is only expected to be around 63.5 million tonnes.
Ministry of Planning and Investment proposes piloting a cryptocurrency exchange at financial centres
The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
Shareholders vote against selling KIDO Foods shares
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.
Vietnamese footwear companies urged to boost green exports
Applying green export standards would improve Vietnamese footwear enterprises’ brand value and their competitiveness in the global market.
Việt Nam-Singapore trade hits record high in 2024
Việt Nam’s trade value with Singapore hit an all-time high in 2024, surpassing SG$31.67 billion (approximately US$23.5 billion).
Masan posts profit of $79.9 million in 2024, aims for 52% profit growth in 2025
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.
PM approves Việt Nam carbon market development project
On January 24, the Prime Minister issued Decision No. 232/QĐ-TTg to approve the establishment and development of Việt Nam’s carbon market.
VN to speed up development of its semiconductor industry
The Ministry of Industry and Trade (MoIT) has started implementing Decision No. 152/QĐ-BCT, approved by the Politburo, to speed up the development of Việt Nam’s semiconductor industry.
Việt Nam embraces circular economy with national action plan till 2035
Between now and 2030, Việt Nam is committed to reducing the extraction and use of non-renewable and water resources, while simultaneously enhancing the efficiency of resource, material and energy usage.
Electronics industry booms in 2024 with record export turnover
Economist Nguyễn Trí Hiếu outlined political stability and security as important factors helping Việt Nam attract international investors in the electronics support industry.
Vietnamese spend big on áo dài for Tết celebration
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).
Online “fake news” articles defaming businesses and individuals and scamming readers
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.
Market ends Year of the Dragon on a high note
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.
Việt Nam’s export to Philippines tops $6 billion for first time
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.
Bà Rịa-Vũng Tàu to develop international port worth nearly $230 million
The project aims to construct the Mỹ Xuân International General Port, capable of accommodating ships with a capacity of up to 60,000 DWT.
Đà Nẵng ready to welcome over 456,000 visitors during Tết holiday
Đà Nẵng International Airport is expected to handle approximately 1,275 domestic and international flights during the holiday period. The fights of Vietnam Airlines, Vietjet Air, and AirAsia will bring tourists from Japan, the Republic of Korea, Thailand, and Malaysia, among other countries, to the city.