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Global financial turmoil impacts VN stock market, VN-Index dips below key level

Following the Fed’s announcement of a slower rate-cutting plan, Vietnam’s stock market saw declines in key sectors, but select stocks like Yeah1 bucked the trend with strong gains.

Vietnam unveils new incentives for solar and wind power projects

Offshore wind power and green hydrogen projects in Vietnam may soon benefit from unprecedented incentives, including fee exemptions, guaranteed electricity volumes, and flexible investment terms, as proposed in a new draft policy.

Report predicts strong e-commerce growth for Tet 2025 in Vietnam

As the Lunar New Year (Tet) approaches, Vietnamese consumers are increasingly turning to e-commerce for their Tet shopping needs, with online platforms expected to see a significant boost in sales.

Rising bad debts put pressure on commercial banks

The banking system is facing major problems in asset quality as bad debt has increased rapidly, while Circular 02 on debt restructuring will expire on December 31, 2024.

Cooling trend hits Hanoi real estate, with sharp price drops reported

After prolonged price surges, Hanoi’s real estate market is showing signs of stabilization, with some properties seeing price cuts of hundreds of millions of VND.

Rising land prices disrupt Da Nang’s property market, experts warn of risks

Land prices in Da Nang have surged by 20% this year, with rapid increases causing canceled deals and market disruptions.

Tet kumquat market heats up with bonsai trees priced at a premium

Kumquat prices are expected to increase by 15-20% this year, with rare bonsai trees fetching up to 30 million VND due to limited supply.

Vietnam's biometric data deadline sparks last-minute rush

With the biometric data update deadline fast approaching, banks across Vietnam are seeing long lines and extended wait times as customers rush to comply.

Vietnam’s pangasius exports hit $1.8 billion but face new Chinese rivals

Vietnam’s pangasius, a billion-dollar export, thrives in China but now faces significant competition from domestically produced snakehead fish.

Vietnam braces for global economic shifts under Trump’s second term

The global economy in 2025 faces uncertainty under Trump’s policies, with inflation risks, surging gold prices, and potential economic bubbles.

Imported dried vegetables rebranded as luxury goods for Vietnam’s Tet market

A type of dried vegetable imported from China has become a staple of Tet markets, marketed as a royal specialty and commanding premium prices of up to 550,000 VND per kilogram.

Unverified bank accounts face transaction restrictions starting January 2025

Starting January 1, 2025, unverified bank accounts will face restrictions on online and QR-based transactions. Customers are urged to update their biometric and identification information before the December 31, 2024, deadline.

Six SOEs to be transferred back to industry ministry

Six State–owned enterprises with a total State stake of $31.5 billion will be transferred back to the Ministry of Industry and Trade (MoIT) after 6 years under management of the Commission for the Management of State Capital at Enterprises (CMSC).

Quitting high-paying job, young man raises deer, becomes billionaire

Leaving Japan where he had a good job with high pay, Dinh Duc Phu, born in 1996, returned to Vietnam to raise deer for their antlers on a farm in Que Son district in Quang Nam province and now earns VND600 million a year.

Investors wait for a boost in the IPO market

A new chapter is expected to unfold in Vietnam's financial market, as companies across various sectors gear up for their initial public offerings (IPOs), signalling a notable shift in the country's investment landscape.

Vietnam’s stock market set for a promising year in 2025, says VFS expert

Vietnam’s stock market is expected to thrive in 2025, with a GDP growth target of 6.5% - 7% and favorable conditions attracting foreign and domestic investment.

Hanoi’s master plan targets per capita GRDP of 46,000 USD by 2050

Hanoi’s per capita gross regional domestic product (GRDP) is expected to hit 45,000 - 46,000 USD while the urbanisation rate reach 80-85% by 2050, according to a newly-approved master plan for Hanoi in the 2021 - 2030 period with a vision to 2050.

More than half of Japanese firms plan to expand in Vietnam: Survey

More than 56% of the Japanese companies currently operating in Vietnam have said they plan to expand their operations in the next year or two, according to the latest survey by the Japan External Trade Organisation (JETRO).

Vietnam home to 174 FDI projects in semiconductor sector

Vietnam has emerged as a burgeoning hub for the semiconductor industry, now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD, according to Minister of Planning and Investment Nguyen Chi Dung.

Vietnam’s e-commerce boom: a 5.8 bln USD opportunity by 2028

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.