Vietnam’s credit growth projected to expand by 16% in 2025

Wed, 01 Jan 2025 21:23:00

Growth must put operational safety first, and channel credit to productive business sectors, priority areas, and growth-driving industries.

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Rice export sets new record in 2024, but 2025 forecast to be difficult

Wed, 01 Jan 2025 21:23:00

Rice exports set new records in both volume and value in 2024 but the commodity is expected to face a difficult year ahead as India lifted its ban on non-basmati white rice exports in September, which will push up global rice supplies next year.

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Imported automobiles show a declining trend in early December

Wed, 01 Jan 2025 21:23:00

The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024, according to preliminary statistics released by the General Department of Vietnam Customs​.

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Vietnam’s 2024 stock market: Milestones, reforms and resilience in a transformative year

Wed, 01 Jan 2025 21:23:00

The year 2024 has been a pivotal one for Vietnam’s stock market, marked by significant legislative changes, technological advancements and dynamic shifts in investor behaviour. Below, Vietnam News listed ten key events that have shaped the market this year.

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Viet Nam enjoys double-digit trade growth with ASEAN

Wed, 01 Jan 2025 21:23:00

Viet Nam’s trade with other ASEAN Member States hit over US$76.3 billion over the last 11 months of 2024, up 13.9 percent compared to the same period last year, only behind China, the U.S. and South Korea.

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Unblocking Capital Flows for “Rice Industry Revolution”

Wed, 01 Jan 2025 14:24:00

The project "Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Farming Linked to Green Growth in the Mekong Delta by 2030" has received a positive response from the Can Tho Department of Agriculture, with 48,000 ha registered. Trung An Hi-Tech Farming Joint Stock Company has also registered with the Ministry of Agriculture and Rural Development to establish joint projects across Mekong Delta provinces and cities by 2030, covering 100,000 ha, including 15,000 ha in Can Tho city. Our reporter has an interview with Mr. Pham Thai Binh, Chairman of the Board of Directors of the Company, on this project.

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The Middle East: a promising seafood export market for Vietnam

Wed, 01 Jan 2025 14:24:00

Seafood exports to the Middle East experienced double-digit growth in 2024, placing the region among the top two fastest-growing seafood import markets, second only to China.

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Sustainable Green Development: New Driving Force for the Retail Industry

Wed, 01 Jan 2025 14:24:00

The trend of sustainable development and circular economy opens up opportunities for the retail industry to modernize its business model, green the supply chain and promote the consumption of environmentally friendly products.

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Tax policies drive strong economic recovery and growth

Wed, 01 Jan 2025 14:24:00

Far more than just a revenue-collection agency, the Tax Department has played a pivotal role in creating a transparent, equitable, and business-friendly environment. These efforts have not only contributed to macroeconomic stability but also fueled recovery and development for businesses, individuals, and households.

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E-commerce tax collection estimated at VND 116 Trillion

Wed, 01 Jan 2025 14:24:00

According to data from the General Department of Taxation, taxes declared and paid directly by foreign suppliers via the electronic portal in 2024 amounted to VND 8.687 trillion, equivalent to 126% of the previous year’s total and a 74% increase compared to current appropriation.

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Hanoi supports farmers' end-of-year agricultural sales

Wed, 01 Jan 2025 14:24:00

The city has improved market forecasting and supported the sale of clean and organic agricultural products.

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Vietnam, Canada have opportunity to cooperate in nuclear power: former Canadian Deputy PM

Wed, 01 Jan 2025 14:24:00

Nuclear power is one of the priority areas where Canada and Vietnam can cooperate, and both sides have a good opportunity to share this technology and build nuclear reactors to provide their economies with clean, zero-emission energy, according to Jean Charest, former Deputy Prime Minister of Canada and former Premier of Québec.

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HCM City strives to achieve double-digit economic growth target next year

Wed, 01 Jan 2025 14:24:00

Ho Chi Minh City has recorded over VND508,000 billion in budget revenue this year, the highest figure ever, with this viewed as the basis for the city to set a double-digit economic growth target in 2025.

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Northern port city of Hai Phong – a magnet to foreign investment

Wed, 01 Jan 2025 14:24:00

With 14 industrial zones, nearly 1,000 operational FDI projects, and the recently approved Southern Coastal Economic Zone for sustainable and green growth, the northern port city of Hai Phong is poised for future development and continues to be an ideal destination for global corporations.

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Hanoi tops Provincial Innovation Index 2024

Wed, 01 Jan 2025 14:10:00

Hanoi ranked first among 63 provinces and centrally-run cities in the Provincial Innovation Index (PII) 2024, released by the Ministry of Science and Technology on December 30.

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Ha Noi leads 2024 Provincial Innovation Index

Tue, 31 Dec 2024 10:28:00

Ha Noi continued to lead in the Provincial Innovation Index (PII) 2024 released by the Ministry of Science and Technology on December 30.

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Vietnam's GDP predicted to surpass Singapore's in 2029

Tue, 31 Dec 2024 10:26:00

Vietnam’s GDP is forecast to hit US$450 billion in 2024, placing it 34th globally, according to the UK-based Centre for Economics and Business Research (CEBR).

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Endeavor to Develop Modern and Integrated IZs to Attract Investment

Tue, 31 Dec 2024 10:18:00

In recent years, Bac Giang province has been promoting the development of industrial zones (IZs) to attract investment and create a solid foundation for its goal of becoming a key industrial province by 2030, with a focus on modern and sustainable growth, and one of the industrial development hubs in the region. To learn more, our reporter interviewed Mr. Dao Xuan Cuong, Director of Bac Giang Industrial Zones Authority.

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