Vietnam’s Ministry of Transport has submitted a revised proposal to the Government for the Lao Cai - Hanoi - Hai Phong railway project, increasing the total investment to approximately $8.3 billion.

During a visit to Quang Nam, Prime Minister Pham Minh Chinh encouraged THACO Group to expand its expertise into railway manufacturing, starting with high-speed train carriages and eventually locomotives.

BIDV, Agribank, and VietinBank topped the lending charts, while smaller banks like Saigonbank and ABBank lagged behind. Which banks saw the fastest growth, and what does this mean for 2025?

After months of record-high prices, Vietnamese rice has entered a sharp decline, dropping below $400 per ton - the lowest price in Asia.

Vietnam has successfully boosted its durian exports to China. Thailand has launched a special campaign to improve the quality of its durian products to compete with Vietnam in the market.

Cambodia has rapidly risen to become the world’s second-largest raw cashew producer, with Vietnam purchasing nearly 820,000 tons in 2024. This strategic import ensures Vietnam maintains its global dominance in cashew processing and exports.

Hanoi’s property market is entering a new phase, driven by foreign-backed partnerships and legal reforms. While this evolution promises growth, it also raises concerns about accessibility for smaller investors.

While Vietnam’s e-commerce sector continues to expand, tax collection remains a challenge. Authorities are now pushing for stricter tax compliance measures, requiring platforms like Shopee and Lazada to report seller information and withhold taxes.

Despite disruptions due to the Lunar New Year holiday, Vietnam’s coffee exports soared, bringing in a historic $763 million in the first month of 2025. Rising global demand and record-high prices contributed to the impressive growth.

The belief that purchasing gold on this special day brings financial success has led to an annual phenomenon in Vietnam.

Vietnam’s foreign direct investment (FDI) inflows surged by 48.6% in January 2025, reaching $4.33 billion, according to the latest data from the Ministry of Planning and Investment.

Vietnam’s motorcycle industry experienced a sharp decline in production in January 2025, with output dropping 27.3% compared to December 2024.

Vietnam’s first liquefied natural gas (LNG) power plants, Nhon Trach 3 and 4, are nearing completion and are set to integrate into the national power grid.

Vietnam’s steady climb in international rankings highlights its economic strength, governance improvements, and expanding diplomatic influence. As the country enters 2025, it remains committed to accelerating growth and enhancing its global presence.

Vietnam’s automobile industry experienced a significant shift in January 2025, with imported car volumes plummeting by more than 50 percent.

Vietjet posted its highest-ever revenue in 2024, reaching nearly $2.94 billion, with net profits surging by 697%.

While industrial production in Vietnam showed signs of decline in January, the economy benefited from a surge in business activity, foreign investment, and tourism. Nearly 10,700 new businesses were registered, and FDI inflows reached $4.33 billion.

Vietnam’s banking sector reached new heights in 2024 as 26 banks reported total customer deposits exceeding $507 billion, marking a 12.89% increase from the previous year.

With rapid digital transformation, online sales channels are becoming an essential strategy for businesses aiming to thrive in an increasingly competitive market.

The highest winning price at the latest land auction in Tan Phu commune in Quoc Oai district in Hanoi was VND76.6 million per sq m, down VND18 million, or 20 percent, from the figure in November 2024.