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The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.
Authorities are also looking to strengthen Vietnam’s competitiveness in the global tourism market by streamlining entry procedures, offering preferential policies, enhancing travel experiences and improving air connectivity.
The agreements affirmed the carrier’s pioneering role in the innovation and digital transformation process while providing a solid foundation for building large-scale aircraft repair hangars with cutting-edge technology at Long Thanh airport.
Vietnam’s private sector contributes over 50% of GDP, yet legal barriers hinder expansion. Experts urge reforms to unlock business potential.
Experts predict that VN’s key export industries, including textiles, wooden furniture, electronic machinery and agricultural products, will continue to see positive growth in the US market throughout 2025.
The partnership will help to strengthen Vietnam’s financial sector for climate investments.
As export demand may decrease this year, Việt Nam should strengthen domestic business activities and services to drive economic growth, says Mariam Sherman, World Bank director for VN, Cambodia and Laos.
Canada’s recent changes in trade policies focusing on reducing domestic trade barriers are expected to provide significant benefits to Vietnam’s export.
In a document issued on March 11, the Hanoi People’s Committee stressed the need to mobilise all economic sectors, businesses and citizens to engage in socio-economic development, contributing to national growth.
Vietnam's Vitad Group and Israel's Ginosar Agro on March 12 signed a comprehensive strategic cooperation agreement to accelerate the adoption of advanced Israeli technology in crop development across Vietnam.
Vietnam is considering amending aviation laws to certify and operate Chinese-made COMAC aircraft, addressing aircraft shortages and facilitating fleet expansion for airlines.
Gold prices in Vietnam continue to surge, with SJC 9999 gold reaching 94 million VND ($3,840) per tael. Hanoi buyers queue in the rain, withdrawing savings to invest before prices climb further.
Major e-commerce platforms are increasing commission rates, forcing sellers to raise prices and reconsider their business strategies.
A World Bank report released on March 12, 2025, underscores Vietnam’s booming electric vehicle market, which is expected to revolutionize transportation and generate millions of high-tech jobs.
Car sales in Vietnam grew by 14% in February, with VinFast maintaining its dominant position, outselling Toyota, Hyundai, Ford, and KIA combined.
The retail property market in HCM City is expected to see further growth this year, as new buildings are completed and more retailers, attracted by the increasing purchasing power of the population, enter the market.
Experts see US President Donald Trump’s recent tariff hikes on Canada, Mexico, and China as the start of his administration’s trade policies, with potential for broader tariffs.
A series of positive developments since the start of the year has sparked optimism for the tourism sector, with industry insiders anticipating a booming season ahead.
Vietnam’s stock market saw historic shifts as Vietcombank became the first stock with over 8 billion shares. Meanwhile, Pham Nhat Vuong’s VinGroup stocks surged, helping VN-Index stay above 1,330 points.
Pi’s price has dropped to $1.3, with continued token unlocks and KYC verification issues raising investor concerns. Experts warn of potential risks ahead.