Ho Chi Minh City has set a target of having all of its buses using clean fuels or electricity by 2030, heard a workshop on green and electric energy for public transport held in the southern largest economic hub on July 30.

The number of ships passing through Vietnam’s seaports was 50,553 in the first six months of this year, up 4% year-on-year, according to the Vietnam Maritime Administration (VMA).

Vietnam raked in more than 3.8 billion USD from fruit and vegetable exports in the first seven months of 2024, up 23.4% year on year, according to the Vietnam Fruit and Vegetable Association (VINAFRUIT).

The EU - Vietnam Free Trade Agreement (EVFTA) has strengthened Vietnam's attractiveness for European investors, stated a survey by the European Chamber of Commerce in Vietnam (EuroCham) on July 31.

The tale of three highland entrepreneurs who once dominated the business scene in Vietnam highlights a dramatic turn of events. Their companies, Quoc Cuong Gia Lai, Hoang Anh Gia Lai, and Duc Long Gia Lai, are now grappling difficulties.

Vietnam and China have nearly completed negotiations for a protocol agreement on Vietnam’s fresh coconut exports to China. Thailand, which is a big exporter of fresh coconut to the market, is concerned about the competition with Vietnam.

After the FLC President was arrested in March 2022, his assets, including super-cars and a yacht, were foreclosed by commercial banks and put into auction.

To reach environmental and climate goals, the EU has imposed the ESPR (Ecodesign for Sustainable Products Regulation), commencing July 18, 2024, which is expected to have an impact on Vietnam’s key export products to the EU.

The first food and commerce street in District 7, Ho Chi Minh City, is set to open on August 30, as part of a pilot project to develop the night-time economy and tourism.

After two months of negative growth, credit began increasing again in March and gained a 6 percent growth rate by the end of June.

BYD's latest move shows that it just wants to sell products in the Vietnamese market rather than set up a factory and make a long term investment here.

Vietnamese firms imported 91,585 completely-built-up (CBU) cars worth nearly US$1.89 billion in the first seven months of the year, up 90.4% in volume and 54.8% in value year on year, according to the General Department of Vietnam Customs.

Chinese tire manufacturer Sailun is planning to pour an additional US$200 million into Vietnam, raising its total investment in the country to US$1.7 billion.

E-commerce sales in Vietnam are likely to surpass the US$30 billion mark by the end of 2024 thanks to local growing consumer trends that help drive up online sales via e-platforms, said delegates at a meeting in Ho Chi Minh City on July 29.

Vietnam recorded a trade surplus of 14.08 billion USD in the first seven months of this year, the General Statistics Office announced on July 29.

Vietnam’s consumer price index (CPI) in the January – July period inched up 4.12% from the same time last year, mostly due to increases in tuition fees, healthcare services, housing costs and prices of power, water, fuels and building materials.

The Hanoi People’s Committee recently issued a document requesting local authorities make stronger moves to improve the quality and efficiency of foreign direct investment (FDI) promotion, attraction, and management.

Authorities of the central city of Da Nang are working hard to complete procedures and planning documents for investing in three new industrial parks (IPs), including the second phase of Hoa Cam IP, the Hoa Ninh IP and the Hoa Nhon IP.

Foreign investors registered to put in more than 18 billion USD in Vietnam as of July 20, a rise of 10.9% over the same period last year, according to the latest updates of the Foreign Investment Agency.

The capital city of Hanoi is positioning itself as a prime destination for semiconductor investment, with a conference kicking off on July 29 as part of the Hanoi Semiconductor Investment Festival.