The strategy should also aim to increase the market share of domestically produced automobile products gradually, with the intent to replace imported products.

Vietnam has nine fragrant rice varieties that enjoy tax incentives within their export quota into the European Union, but there are no world’s best rice varieties ST24 and ST25.

Former head of the Vietnam Economics Institute Tran Dinh Thien has offered suggestions for policies to help Phu Quoc integrate into the world and become internationally competitive.

VN economic growth is predicted to expand by about 6.5 per cent this year based on numerous potentials, significant foreign direct investment, and ongoing efforts to improve the business environment and infrastructure.

The global political and economic situations have caused the currencies of many countries to depreciate significantly, including those of strong economies, by around 3-9 per cent.

The Ministry of Construction has asked the Hanoi People’s Committee to inspect projects and apartment complexes with sudden price hikes, to better regulate the city’s real estate market.

The potential for developing the electric motorbike market in Vietnam is significant.

Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry.

State and local authorities need new policies to help maintain struggling air routes that must exist for socio-economic development, communications expert Le Quoc Vinh, president of Le & Brothers, has said.

Vietnam’s agricultural development has gained many achievements in recent times, with seven commodities recording annual export turnover of over $3 billion.

A project on implementing eco-industrial parks in Vietnam has had significant results in terms of building policy institutions, environmental benefits, and socioeconomic development for businesses.

The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.

The Philippines was the largest export market of Vietnamese rice in the first three months of 2024, reaching over 1.01 million tonnes, worth about $649 million.

The Ministry of Transport has unveiled a comprehensive plan aimed at upgrading Vietnam’s maritime infrastructure and attracting investment in port development.

Cai Mep Port in Phu My Town, Ba Ria-Vung Tau Province, is now among the top 30 largest container ports in the world, according to consultancy firm Alphaliner.

Vietnam exported 585,696 tonnes of coffee worth US$1.9 billion during the first quarter of the year, recording the highest level since 2013, according to the General Department of Vietnam Customs.

A number of global leading retailers such as Walmart, Amazon, AEON, and Central Retail are set to come to Vietnam in June to seek supply sources for quality commodities from local businesses, according to the Ministry of Industry and Trade.

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

Deputy Governor of the SBV Dao Minh Tu said that capital in the country's banking system remains abundant with full liquidity, even surplus with interest rates currently at a 20-year low, a great condition for businesses to borrow.

The roughly US$206 billion in remittances that Vietnam has received from 1993 (the first year remittances were recorded) until 2023 represent a "golden resource" for the economy. Where exactly are these country-loving funds flowing to?