business news

Update news business news

Demand for land in industrial zones remains high: Savills

Demand for industrial land remains high, especially in the southern region, with ready-built warehouses and factories increasingly attracting investors, according to Savills Vietnam.

Vietnam's furniture products introduced at UK fair

Furniture products of 15 Vietnamese businesses are introduced at the Source Garden Fair in Birmingham, UK, from September 10-12.

Foreign trade expected to set new record this year

A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of 732 billion USD set in 2022.

US eyes Vietnam market for agricultural exports

A delegation from the US Department of Agriculture led by Undersecretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor is in Vietnam from September 9 to 13 to promote trade.

Vietnam emerges as largest importer of cashew nuts from Cambodia

Vietnam was the largest importer of cashew nuts from Cambodia with import volume reaching 786,530 tonnes worth roughly US$1 billion, accounting for nearly 95% of Cambodia's raw cashew output during the seven-month period.

200 million USD wind power equipment factory to built in Long An

Dong Tam Group of Vietnam and CS Wind Group of the Republic of Korea (RoK) on September 10 signed a cooperation agreement on land leasing for a large-scale wind power equipment factory in Long An with a total investment capital of 200 million USD.

Deputy PM pledges to facilitate operations of Hong Kong groups

Permanent Deputy Prime Minister Nguyen Hoa Binh on September 10 held working sessions with representatives of some leading groups in Hong Kong (China) as part of his trip to Hong Kong for attendance at the 9th Belt and Road Summit.

US association appreciates Vietnam's semiconductor industry

Deputy Permanent Representative of Vietnam to WTO Minister-Counsellor Le Dinh Ba held a working session on September 9 with a delegation from the Semiconductor Industry Association (SIA).

Ministry of Industry reviews 154 solar power projects with investigation agency

The Ministry of Industry and Trade recently reported to the Prime Minister on updates to the Power Development Plan VIII, as part of its ongoing review of 154 solar power projects flagged by the Government Inspectorate.

Regional forum seeks solutions to challenges in rice value chain development

A regional forum on low-emission rice farming kicked off in Hanoi on September 9, aiming to promote cooperation, build consensus, and seek viable solutions to address challenges in developing a sustainable rice value chain across landscapes.

World Bank to support sustainable urban development in Dong Nai

Leaders of the People’s Committee of the southern province of Dong Nai on September 9 worked with a working group from the World Bank (WB) on sustainable urban development and efficient growth initiatives.

Vietnam's industrial production increases in eight months

Vietnam’s index of industrial production (IIP) saw a year-on-year increase of 8.8% over the past eight months, extending the recovery of the sector, the General Statistics Office (GSO) has reported.

New freeze-dried instant coffee factory to be built in Binh Dinh province

A freeze-dried instant coffee factory will be built in the central province of Binh Dinh with an investment of over 2 trillion VND (80.74 million USD), the provincial Investment Promotion Centre has announced.

HCM City gets more co-working places

There was a 20% increase in co-working space in HCM City driven primarily by some large new premium centres in the downtown area, according to property consultancy Knight Frank Vietnam.

Credit growth target is within reach to contribute to boosting economic growth

Expanding investments to drive economic growth is a priority in achieving the target of 15% set for this year, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Vietnamese passion fruits enter Australian market

Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit.

Nearly 110,800 new firms established in eight months

Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital.

The paradoxes in Vietnam’s economy

After great efforts, Vietnam’s economy has regained a growth momentum, but a paradox still exists.

Le Hong Minh: The risk-taker behind VNG's rise and challenges

Le Hong Minh, the founder and CEO of VNG Corporation (formerly Vinagame), reflects on his remarkable journey from a gaming enthusiast to the head of a billion-dollar tech unicorn.

Brands are closing premium offline stores due to high rent

This is a problem not only affecting Starbucks. Many brands have also recently closed their stores at prime locations.