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Businesses tap opportunities to maintain fruit, vegetable exports

Vietnam's fruit and vegetable export turnover reached an estimated 1.25 billion USD in the first quarter of 2024, up 27% over the same period in 2023, the General Department of Customs has reported.

HoSE capitalisation in March rises by 3.1% year-on-year

The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over 5.22 quadrillion VND (208.5 million USD) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.

Long Son petrochemical complex to begin commercial operation in Q3

The Long Son Petrochemicals Co. Ltd. (LSP) has announced that its Long Son petrochemical complex in the southern province of Ba Ria - Vung Tau is on track to begin commercial operation in the third quarter of 2024.

Vietnam ranked 6th among fastest growing Asian economies in 2024

The US website finance.yahoo.com placed Vietnam 6th among the fastest growing economies in Asia in 2024 in its article published on April 4.

Northern Vietnam's real estate market poised for growth

A recent Cushman & Wakefield report has highlighted the growth potential of the real estate market in northern Vietnam, driven by the region’s robust infrastructure, emphasis on high-value industries, and increasing foreign investment.

Shortfall of planes adds to complexities

Global airline giants insist they have enough planes in Vietnam, at a time when concerns are being raised over sustainability in the supply chain.

Hai Duong to launch train service to China this month

The Vietnam Railway Corporation (VNR) has said it will launch a train service connecting Cao Xa Station in the northern province of Hai Duong to China on April 23.

2024 is expected to see fiercer competition in FMCG

Increased fast-moving consumer goods (FMCG) competition highlights the need for brands to identify growth drivers.

Policies proposed to boost industrial zone development

The Ministry of Planning and Investment has proposed six groups of policies for accelerating the development of industrial zones and economic clusters.

Personal-income tax regime unreasonable, but will remain until 2026

Under the current PIT law, wageworkers have to pay PIT if they have monthly income of VND11 million or more. But freelancers with incomes of tens of millions of dong do not pay this tax because their incomes are not identified by taxation agencies.

Developers must verify with foreign homeowner’s database before sales

Following contract signings, developers must promptly notify the local housing management agency of the transactions so that the database can be updated.

State authorities will not participate in petroleum price management process

The second draft was revealed on April 1, a few days after the ministry submitted the first draft of the revised Decree on petroleum business.

Border gate with China opens, trade resumes

The trade of goods across the Vietnam-China border has returned to a pre-Covid-19 level of activity.

Chinese automaker Chery to build US$800 million factory in Vietnam

Chinese automaker Chery's Omoda&Jaecoo and Vietnamese company Geleximco signed a joint venture agreement on April 4 in the northern province of Thai Binh to construct a US$800 million automobile plant.

Game design degrees expected to boost industry growth

With the emergence of university-level courses focusing solely on the gaming industry in recent years, Vietnam is looking forward to a growth boost in the industry for digital economy development in the near future.

Businesses turn on ‘alert’ after ransomware attacks corporations

Though there is no clear evidence of a ransomware campaign targeting Vietnam’s businesses, experts have advised businesses to urgently protect their information systems.

Foreign investors' confidence in Vietnam consolidated

Vietnam’s rosy economic prospects have helped consolidate the confidence of foreign firms in the country, as reflected through their investment of 6.17 billion USD in the first quarter of this year, up 13.4% year-on-year.

Vietnam is 'open country' in terms of digital institutions

Minister of Information and Communications Nguyen Manh Hung affirmed that Vietnam is a country open in building an institutional regime which always listens attentively to businesses’ voice, especially foreign invested enterprises (FIEs).

Vietnam’s recycling industry: Challenges to opportunities

Despite the emerging opportunities in the recycling industry, Vietnamese businesses are facing challenges in harnessing these prospects, putting them at risk of losing market share domestically.

VN agro-forestry-fishery exports likely to hit US$54-55 billion

With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn US$54-55 billion in export revenue this year as assigned by the Prime Minister, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.