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PM orders strengthened state management over e-commerce

Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.

LEGO Group seeking hundreds of workers to start operation at Binh Duong factory

LEGO Manufacturing Vietnam Co. Ltd. is seeking hundreds of workers for its 1.3-billion-USD factory in the southern province of Binh Duong which is expected to start operations in early 2025.

Mega high-speed rail project gathers momentum

The ruling Party and Government have stated their commitment to prioritising Vietnamese enterprises in the execution of the project.

VN’s food processing industry struggles to improve quality

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Huge potential for VN, UK to boost cooperation in clean energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.

Dong Khoi Street continues to be most expensive retail destination in Vietnam

Dong Khoi Street in HCM City, the country’s most expensive retail destination, ranks 14th globally, according to a report by Cushman & Wakefield.

Monetary policy forecast unlikely to loosen further

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.

New decree on using telecommunications accounts for payment proposed

Currently the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.

Vietnam listed among world’s top 30 largest exporters

Vietnam ranked 23rd among the world's top 30 largest exporters with a total export turnover reaching US$354 billion last year, accounting for 1.5% of the global export earnings, according to the World Trade Organization (WTO).

Signs of renewal amid diverse issuances in green bond market

The resurgence of green, social and sustainable bonds in Vietnam is a notable highlight in 2024, as the market evolves with more diverse bond issuances.

HCM City set to welcome fresh wave of US investment

Ho Chi Minh City is poised to attract a new wave of investment from US enterprises, with numerous projects proposed in key sectors.

Speculation a factor behind skyrocketing housing prices in major cities

Speculation and manipulation are among factors which have inflated housing prices in major cities recently, in addition to increases in land-related costs and limited supply, according to the Ministry of Construction.

Green credit won’t be less expensive as expected

The total number of outstanding green loans in the Vietnamese banking system as of September 30, 2024 accounted for only 4.5 percent of the total outstanding loans in the national economy.

VN expects to have nuclear power plants in near future

Le Hai Hung, head of the Institute of Research and Application of Technology (IRAT), says that nuclear power is less harmful to the environment and people’s health than other types of power.

VN rice exports hit $5 billion, but high-quality national brand still missing

Achieving $5 billion in rice export revenues highlights Vietnam’s global standing, but the absence of a strong national brand for high-quality rice remains a significant concern.

Breaking the stagnation: Why Vietnam needs skilled leaders to thrive

More than 30 years since identifying economic stagnation as a critical risk, Vietnam is still grappling with this challenge.

Relatives of corporate executives increase stock purchases amid market downturn

As Vietnam’s stock market faces headwinds, corporate insiders are quietly making moves - what does it mean for investors?

Vietnam seeks deeper integration into South Korea's value chains

Highlighting Vietnam’s potential in high-tech industries, Deputy PM Nguyen Hoa Binh called on South Korean firms to integrate Vietnamese SMEs into their global value chains.

U.S. imports of Vietnamese fresh coconuts surge over 1,100%

After receiving market approval, a Vietnamese fruit known for its cooling properties has seen a dramatic 1,156% increase in export volume to the United States, with export value rising by 933.6%.

PM: "Dominican Republic holds tremendous potential for Vietnamese investors"

During his visit to the Dominican Republic, Prime Minister Pham Minh Chinh encouraged Vietnamese businesses to seize investment opportunities in the country, citing its strategic location and economic potential.