
The North-South express railway project, with total investment in the tens of billions of USD, is more than just a “transportation project of the century”; it is also a test of Vietnamese enterprises’ ability to participate in major infrastructure. In a conversation with our reporter, Mr. Nguyen Viet Thang, General Director of Hoa Phat Group, shared his reasons for taking the leap, the strategic decisions behind it, and his expectations for a breakthrough in the railway supporting industry.
Thu, Oct 16, 2025, 10:34:00
Vietnam’s economy is at a pivotal turning point. Changes in global value chains, combined with the rapid growth of digital and green economies, bring both opportunities and challenges. Forecasts indicate that by 2025, the country’s GDP will reach US$500 billion, 64 times higher than in 1986, with per capita income rising above US$5,000. Exports and imports have expanded strongly, ranking Vietnam among the world’s top 20 trading nations.
Thu, Oct 16, 2025, 10:34:00
“We must continue to uphold the spirit of confidence, pride, self-reliance, and self-determination to take longer strides, reaching out to the sea, delving deep into the earth, and soaring high in the sky. This is a great cause of the Party and the people, but entrepreneurs must serve as the pioneering force, the core strength, and the exemplary leaders at the forefront.” This was the emphasis of Prime Minister Pham Minh Chinh at the meeting with outstanding enterprises and entrepreneurs, held in Hanoi on the occasion of Vietnamese Entrepreneurs’ Day (October 13).
Thu, Oct 16, 2025, 10:34:00
The export tariff for gold or silver products has been reduced from 1% to 0%, according to a recent Government decree.
Thu, Oct 16, 2025, 10:34:00
The business community, together with local authorities and residents across Lai Châu Province, has been striving to narrow the development gap between Lai Châu and other provinces in the northern midlands, mountainous regions, and the country at large.
Thu, Oct 16, 2025, 10:34:00
The US dollar has made a modest recovery in recent months after the carnage seen in the first half of the year. Most economists suggest that the US is following a number of ‘bad’ policies that could impact the the US dollar.
Thu, Oct 16, 2025, 10:34:00
It is time for Viet Nam to step onto the global stage not only with its agricultural products, but also with strong management capacity, transparent data, shared digital platforms and a circular economy mindset.
