Behavioral “Nudges” Needed to Drive Sustainability

Wed, 08 Jan 2025 15:02:00

In an era of environmental challenges, a powerful yet subtle approach is emerging to drive sustainable change: behavioural economics.

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Timo: Striving for a “Truly Beautiful Vietnam”

Wed, 08 Jan 2025 15:02:00

The year 2025 marks the 10th anniversary of Timo’s journey alongside customers toward sustainable development in Vietnam. Going beyond traditional banking transactions, Timo has forged strong connections with its customers, especially the younger generation, through activities that inspire and bring practical value to daily life. To celebrate the New Year, Vietnam Business Forum has interviewed Mr. Jonas Eichhorst, CEO of Timo, to discuss this vision and milestone.

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Fruit and vegetable industry aims for $10 billion in exports by 2030

Wed, 08 Jan 2025 15:02:00

Based on impressive export results in recent years, Việt Nam’s fruit and vegetable industry has set a target of achieving US$10 billion in export value by 2030, according to the Việt Nam Fruit and Vegetables Association.

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Technological advancements key to growth transformations: official

Wed, 08 Jan 2025 14:57:00

Technological innovation, technology transfer, and workforce training form the core strategy for transforming the nature of Vietnam’s economic growth in the coming years, Deputy Prime Minister Ho Duc Phoc remarked at the 17th Vietnam Economic Scenario Forum’s spring 2025 plenary session in Hanoi on January 7.

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Thai Nguyen's provincial-level e-commerce booth makes debut

Wed, 08 Jan 2025 14:57:00

An online booth introducing products of the northern province of Thai Nguyen on Shopee platform was launched at an event on January 7, marking Thai Nguyen as the first locality in the country to offer its products for sale on an e-commerce platform.

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Retail sales of goods and services up 9% in 2024: GSO

Wed, 08 Jan 2025 14:57:00

Vietnam's total retail sales of consumer goods and services reached 6.39 quadrillion VND (251.87 billion USD) in 2024, marking a year-on-year increase of 9%, according to the General Statistics Office (GSO).

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Vietnam maintains position as RoK’s third largest trading partner: ROK Ministry, KITA

Wed, 08 Jan 2025 11:08:00

Vietnam continued solidifying its position as the Republic of Korea (RoK)’s third-largest trading partner in 2024, trailing only China and the US, marking the third consecutive year of the significant trade relationship.

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GDP growth beats forecasts to reach 7.09 per cent in 2024

Wed, 08 Jan 2025 11:08:00

Vietnam's gross domestic product (GDP) grew 7.09 per cent in 2024, surpassing the growth target of 6.5 per cent for the full year, according to the General Statistics Office (GSO) on January 6.

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Ho Chi Minh City needs $25.8 million of capital investment

Wed, 08 Jan 2025 11:08:00

Ho Chi Minh City Finance and Investment State Owned Company (HFIC) and nine banks held a cooperation agreement signing ceremony on January 6 in Ho Chi Minh City to mobilise and promote investment capital for key socioeconomic infrastructure development projects.

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Major progress being made on expressway developments

Wed, 08 Jan 2025 11:08:00

Fresh progress is being made on construction sites across Vietnam to achieve the goal of completing 3,000km of expressways by the end of 2025.

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Real estate sector saw FDI increase 60 per cent in 2024

Wed, 08 Jan 2025 11:08:00

The Vietnamese real estate sector saw foreign direct investment (FDI) $1.84 billion in disbursed capital in 2024, an increase of 60 per cent compared to the previous year.

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Prospects for Vietnam's banking sector in 2025

Wed, 08 Jan 2025 11:08:00

The recovery of the real estate market, coupled with pressures from interest rates and exchange rates, is projected to drive credit growth in the Vietnam's banking industry in 2025, according to Nguyen The Minh, Head of Research at Yuanta Vietnam Securities Corporation.

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Key targets for sci-tech, innovation and national digital transformation by 2030

Wed, 08 Jan 2025 11:08:00

According to the Politburo’s resolution on breakthroughs in science, technology, innovation, and national digital transformation, Vietnam has set ambitious targets for 2030. The country aims to achieve advanced capabilities in science, technology, and innovation across several key fields, ranking among the leading nations in the upper-middle-income group.

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LNG power projects face multiple hurdles

Wed, 08 Jan 2025 11:08:00

LNG power projects in Vietnam are currently grappling with many obstacles, ranging from bureaucratic delays to issues with power purchase agreements (PPAs), leading to significant project implementation slowdowns.

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Vietnam maintains position as RoK's third largest trading partner

Wed, 08 Jan 2025 11:04:00

Vietnam continued solidifying its position as the Republic of Korea (RoK)’s third-largest trading partner in 2024, trailing only China and the US, marking the third consecutive year of the significant trade relationship.

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PM urges optimal SOE reform for national interests

Wed, 08 Jan 2025 11:04:00

The restructuring of state-owned corporations and enterprises must follow the spirit of “placing national interests above all else” to ensure that state capital is managed and developed optimally, serving national development in the new era, said Prime Minister Pham Minh Chinh.

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Ho Chi Minh City aims for double-digit growth in 2025

Wed, 08 Jan 2025 11:04:00

The year 2025 marks a critical juncture as the final year of the 2021-2025 five-year socio-economic development plan. It is also a pivotal year for significant political events at both the city and national levels. Ho Chi Minh City has identified the need to prepare key foundations to drive socio-economic growth and development in this new era.

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Vietnamese dong forecast to depreciate by 3% against US dollar in 2025: Experts forcast

Wed, 08 Jan 2025 11:04:00

A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about three% against the dollar, experts forecast.

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