Vietnamese products are gaining traction and increasing their market share in the ASEAN bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).

Vietnam’s Ministry of Industry and Trade has proposed a new electricity pricing structure, reducing tiers from six to five, with rates for high consumption exceeding 3,700 VND/kWh.

The Nguyen Xuan family has left an indelible mark on Vietnamese football and business, with three of its seven siblings achieving significant success in both fields.

Importers’ warnings about pesticide residues and counterfeit export codes have raised alarms for Vietnam’s durian industry, highlighting the need for stricter food safety measures.

Vietnam’s electric vehicle surge is driving up demand for charging stations, prompting new electricity pricing proposals with rates as high as $0.20/kWh.

Business leaders have raised concerns over disparities in Vietnam’s land pricing policies, particularly the unequal treatment of commercial-service land compared to residential land under the 2024 Land Law.

Some companies are awarding Tet bonuses of up to hundreds of millions dong, and even promising some employees cars, while others aim to give a 13th-month salary.

A new QR code payment system now allows seamless cross-border payments between Vietnam and Laos, marking a milestone in financial integration.

With just over two weeks to the 2025 Lunar New Year (Tet) Festival, made-in-Vietnam products are having a dominant presence at supermarkets and convenience stores across the country

High logistics costs remain a hurdle for Vietnam’s economy, but advanced solutions such as automated sorting hubs are paving the way for a more efficient future.

Minister of Planning and Investment Nguyen Chi Dung said Vietnam needs to obtain annual growth rates of over 10 percent in the next 20 years to become a high-income country by 2045.

Minister of Agriculture and Rural Development Le Minh Hoan says that carbon credits are relatively new and that farmers participating in the 1 million-hectare low-emission rice project will receive bigger benefits than imagined.

Vietnam’s taxi market is undergoing rapid change as foreign giants retreat, traditional firms struggle, and domestic players like Xanh SM seize the opportunity to dominate.

Foreign direct investment (FDI) in the real estate sector for 2024 reached 3.72 billion USD, making up 18.8% of the total FDI that Vietnam attracted in the year, second only to the manufacturing sector, reported the General Statistics Office (GSO).

The Ministry of Industry and Trade (MoIT) has proposed shortening the interval for adjusting the retail electricity prices from the current three months to two months.

The GDT reported that, to date, 120 foreign suppliers have registered, declared, and paid taxes via a portal dedicated to them, with a total amount of nearly 8.7 trillion VND (342.7 million USD) in 2024.

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.