Prime Minister Pham Minh Chinh will lead the Steering Committee for Regional and International Financial Centers, driving Vietnam’s ambitions to create global financial hubs in Ho Chi Minh City and Da Nang.

Vietnam’s economy grew by 7.09% in 2024, surpassing projections and setting the stage for the country to achieve upper-middle-income status by 2025.

Vicem, Vietnam’s largest cement corporation, has reported 1.4 trillion VND ($58 million) in consolidated losses for 2024, prompting Deputy Prime Minister Tran Hong Ha to order an investigation into the causes and potential solutions.

The State Bank of Vietnam (SBV) will finalize the mandatory transfer of GPBank and Dong A Bank in the coming days, following the successful restructuring of OceanBank and CBBank.

Vietnamese rice prices are nearing a two-year low, raising concerns among farmers as Thai rice claims the title of the world's most expensive among leading exporters.