Tuyen Quang calls for OVs, businesses to expand investment
Tue, 08 Apr 2025 15:10:00
A delegation of nearly 50 overseas Vietnamese from 20 countries and territories, led by Nguyen Trung Kien, Chairman of the State Committee for Overseas Vietnamese, met with leaders of the northern mountainous province of Tuyen Quang on April 3 to discuss economic cooperation.
Vietnam's GDP expands by 6.93% in Q1
Tue, 08 Apr 2025 15:10:00
Vietnam’s gross domestic product (GDP) grew 6.93% in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office (NSO) reported at a press conference in Hanoi on April 6.
Vietnam posts trade surplus of 3.16 billion USD in Q1
Tue, 08 Apr 2025 15:10:00
Vietnam’s total import-export turnover hit 202.52 billion USD in the first three months of 2025, marking a 13.7% increase compared to the same period last year, the National Statistics Office (NSO) reported on April 6.
Retail growth drives domestic demand amid export challenges
Tue, 08 Apr 2025 15:10:00
To mitigate the impact of export constraints, retail expansion is being prioritized to stimulate domestic consumption.
Vietnam working towards growth of powerful business sector
Tue, 08 Apr 2025 15:10:00
Vietnam, with a population exceeding 100 million, has fewer than 1 million registered businesses. Hence, the country is strategically building a large, strong business community as a national priority.
1Q25 earnings forecast: a promising start
Tue, 08 Apr 2025 15:10:00
MBS forecasted overall market earnings could see a 17% yoy growth in 1Q25, from a gradually increasing base, supported by a low-interest-rate environment and the continued recovery of manufacturing and consumption.
Prime Minister puts forth tasks in new context
Tue, 08 Apr 2025 15:10:00
Prime Minister Pham Minh Chinh said it is a must to clearly identify responsibility of each ministry, sector, and locality, to implement mechanisms and policies in order to resolve institutional obstacles, to boost public investment that would contribute 2% to growth, and to foster traditional growth drivers like investment, consumption, and exports.
FDI predicted to flow strongly into high-value technology sectors
Tue, 08 Apr 2025 15:10:00
Vietnam is emerging as an attractive destination for investors in science and technology, especially semiconductors, largely due to high-quality human resources at competitive cost, upgraded infrastructure, increasingly open and transparent policies, and high political determination of Party and State leaders.
State budget revenue rises 9.7% in Q1
Tue, 08 Apr 2025 15:10:00
Vietnam’s state budget revenue reached 98.4 trillion VND (3.81 billion USD) in the first quarter of 2025, achieving 24% of the assigned target and marking a 9.7% increase year-on-year, according to the Department of Vietnam Customs.
FDI inflow into Vietnam rises 34.7% in Q1
Tue, 08 Apr 2025 14:48:00
Total registered foreign direct investment (FDI) into Vietnam hit nearly 10.98 billion USD in the first quarter of 2025, up 34.7% compared to the same period last year, reported the Foreign Investment Agency (FIA) under the Ministry of Finance.
IMF chief says US tariffs a 'significant risk' to global economy
Tue, 08 Apr 2025 14:33:00
IMF chief Kristalina Georgieva on Thursday said new US tariffs "clearly represent a significant risk to the global outlook" and urged Washington to work with its trade partners.
Urgent solutions for Vietnam’s durian export problem
Tue, 08 Apr 2025 14:28:00
In Tien Giang Province, where durian is a key export, stakeholders are calling for urgent solutions to ensure the sector can adapt and remain competitive.
Foreign exchange rate to remain under control in wake of US tariff
Tue, 08 Apr 2025 14:22:00
According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Vietnam's economy is deeply integrating towards becoming a market economy, which requires flexibility.
Samsung to receive VAT refund worth $23.3 million
Tue, 08 Apr 2025 14:19:00
The Ministry of Finance (MoF) has confirmed that Samsung Electronics Vietnam will be refunded VND582 billion ($23.3 million) in VAT on April 15.
Foreign exchange rate to stay under control despite US tariffs
Tue, 08 Apr 2025 14:17:00
Experts suggest that to minimize exchange rate risks, the SBV should manage the rate flexibly rather than fixing or anchoring it, as Vietnam’s economy is increasingly integrated and moving toward a market economy, which demands flexibility.
Business Community Asks U.S. to Delay Implementing Reciprocal Tariffs on Vietnam
Tue, 08 Apr 2025 14:16:00
The Viet Nam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce in Ha Noi (AmCham) sent a letter to the United States Secretary of Commerce on Saturday urging the Trump Administration to delay implementation of reciprocal tariffs to avoid disrupting operations and undermining prior commercial decisions and shipmentlogistics.
Ho Chi Minh City sees significant improvement to transport infrastructure
Tue, 08 Apr 2025 14:11:00
Ho Chi Minh City is racing to complete key transport infrastructure projects ahead of the 50th anniversary of Southern Liberation and National Reunification. These efforts are helping to make the city’s urban transport infrastructure more accessible and connected.
Flexible solutions needed to adapt to US new tariff policy: Official
Tue, 08 Apr 2025 14:08:00
Ministries and sectors will work closely with the Vietnamese business community and foreign enterprises operating in Vietnam to effectively implement measures to flexibly adapt to the US's new tariff policy, aiming to achieve export growth set for 2025, Deputy Minister of Industry and Trade Truong Thanh Hoai has stated.
