The private sector in Vietnam plays a crucial role in the economy, but why do these resilient businesses struggle to thrive? This article delves into the complexities of their stunted growth.

A recent survey reveals increasing optimism among businesses in Vietnam as they recover from the impacts of COVID-19.

Hanoi has announced five residential projects that allow foreign ownership, with prices between 60 and 100 million VND ($2,500 - $4,200) per square meter.

Indonesia plans to import 3.6 million tons of rice this year, with Vietnam as its largest supplier.

The disbursement rate for foreign-funded projects in Vietnam has reached only 24.33% of the Prime Minister's target in the first nine months of 2024.

Hoa Phat Group, the largest steel producer in Vietnam, has bounced back in 2024 with a substantial 51% increase in quarterly profit, completing 92% of its annual profit target.

The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.

Vietnam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately 1.5 trillion VND (60.4 million USD) a year.

Business etiquette courses, still a relatively new concept in Vietnam, are gaining traction as companies invest heavily to elevate their staff’s interpersonal skills.

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

A total of 134 out of 671 State-owned enterprises had reported cumulative losses amounting to 115.3 trillion VND (4.6 billion USD) in 2023.

In addition to diversification efforts, improving resilience to natural disasters is also a key factor in Vietnam's sustainable development strategy.

Loc Troi, a company that dominated the agricultural industry for decades, is now reeling from financial losses, risky strategies, and an investigation into former CEO Nguyen Duy Thuan, who faces accusations of misconduct.

Binh Dinh province is calling for investments in seven key sectors, including information technology, manufacturing, tourism, and logistics, as part of its sustainable development plan.

Bird-watching tours in Vietnam are drawing affluent tourists from the U.S., Europe, and Asia, willing to spend thousands of dollars for a chance to photograph rare bird species.

Vietnam imported 1.2 million tons of hot-rolled coil steel in September, despite an ongoing anti-dumping investigation by the Ministry of Industry and Trade.

Many large private enterprises have proactively transformed their operations, investing boldly in new industries and pioneering innovative business models onfocused sustainability and the circular economy.

Minister of Planning and Investment Nguyen Chi Dung has reported a strong socio-economic recovery in the first three quarters of the year with 14 out of 15 major factors meeting or exceeding targets.

The General Department of VN Customs detected 12,949 cases of smuggling, trade fraud and illegal transportation of goods in the first nine months, with an estimated value of seized goods VNĐ23.7 trillion (US$ 955.8 million).

The newly approved plan for managing and exploiting State-owned railway infrastructure is key to enhancing and boosting the performance of the Việt Nam Railway Corporation (VNR).