Industrial parks to go green, adopt sustainable models: forum

Industrial parks to go green, adopt sustainable models: forum

Domestic and international industrial parks and related stakeholders shared experiences implementing smart and sustainable industrial park models and proposed policy solutions to transition Vietnamese industrial parks from traditional models to smart and sustainable ones at the Vietnam Industrial Park Forum held in Ho Chi Minh City on December 19.
PM urges Da Nang to lead Vietnam’s economic transformation

PM urges Da Nang to lead Vietnam’s economic transformation

The central city of Da Nang must fully harness its distinctive potential, outstanding opportunities, and competitive advantages to achieve double-digit economic growth, solidifying its role as a growth hub of the central – Central Highlands region and the nation, said Prime Minister Pham Minh Chinh on December 21.
Viet Nam back as ASEAN’s growth star: HSBC

Viet Nam back as ASEAN’s growth star: HSBC

From a challenging in the first quarter of 2024, Viet Nam’s domestic economy outlook has turned more positive as the recovery continues to firm up as the year progresses, which brings Viet Nam back as ASEAN’s growth star.
Global coffee production to surge on Vietnam, Indonesia’s rebounding output: USDA

Global coffee production to surge on Vietnam, Indonesia’s rebounding output: USDA

The latest biannual report from the US Department of Agriculture (USDA) forecasts a significant increase in global coffee production for the 2024-25 crop, driven by recovery in Vietnam and Indonesia's output.
PM urges concerted efforts for economic growth of at least 8% in 2025

PM urges concerted efforts for economic growth of at least 8% in 2025

Prime Minister Pham Minh Chinh has issued a dispatch asking for concerted efforts to promote economic development in 2025 with an aim for a gross domestic product (GDP) growth rate of at least 8% in the year.
UAE a vital market of Vietnam in Middle East: Ambassador

UAE a vital market of Vietnam in Middle East: Ambassador

The United Arab Emirates (UAE) remains a vital market and partner for Vietnam in the Middle East, Vietnamese Ambassador to the UAE Nguyen Thanh Diep has told the Vietnam News Agency (VNA)'s reporter in the Middle East and North Africa.
E-commerce leads digital transformation in businesses

E-commerce leads digital transformation in businesses

E-commerce has become a key driver of the digital economy, with an impressive growth rate of 25% in 2023, and is projected to account for 10% of total retail revenue by 2025. This trend not only creates significant opportunities but also pushes businesses to adapt quickly and achieve critical milestones in digital transformation.
Vietnam, China’s special administrative region strengthen trade links

Vietnam, China’s special administrative region strengthen trade links

A forum aimed at strengthening business and investment connections between Vietnam and the Guangdong–Hong Kong–Macao Greater Bay Area (GBA) took place in Hanoi on December 20.
Vietnam, China’s Hong Kong strengthening economic collaboration

Vietnam, China’s Hong Kong strengthening economic collaboration

Two-way trade between Vietnam and China’s Hong Kong in the first ten months of 2024 surged 32% year-on-year to 32.3 billion USD, marking a significant step forward in bilateral economic cooperation, particularly in rolling out agreements reached during the visit of Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu to Vietnam last July.
Trade Minister explores market opportunities in Japan

Trade Minister explores market opportunities in Japan

A Vietnamese delegation from the Ministry of Industry and Trade led by Minister Nguyen Hong Dien on December 18 visited Jinro Inc., a branch of the Republic of Korea (RoK)’s HiteJinro Group in Japan, to explore cooperation opportunities.
Vietnam draws 5,369 Japanese projects worth nearly 80 billion USD

Vietnam draws 5,369 Japanese projects worth nearly 80 billion USD

Japan has invested in 5,369 projects worth 76.76 billion USD in Vietnam as of the end of the second quarter this year, making it the third largest foreign investor in the country, Deputy Minister of Construction Nguyen Tuong Van told the 9th Vietnam-Japan Conference on Construction in Hanoi on December 19.
Vietnam emerges as East Asia – Pacific’s economic powerhouse: WB

Vietnam emerges as East Asia – Pacific’s economic powerhouse: WB

Vietnam has distinguished itself as one of the fastest-growing economies in the East Asia-Pacific region in 2024. The country's remarkable performance is attributed to a robust recovery in exports coupled with strong domestic demand, Andrea Coppola, the World Bank's Lead Country Economist and Programme Leader for Equitable Growth, Finance and Institutions in Vietnam, Cambodia, and Laos, told the Vietnam News Agency.
Tax revenue surpasses 1.7 quadrillion VND

Tax revenue surpasses 1.7 quadrillion VND

Vietnam’s tax sector has collected a record-high revenue of 1.7 quadrillion VND (66.7 billion USD) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Five businesses fined over VND2 billion for violating competition laws

Five businesses fined over VND2 billion for violating competition laws

(VEN) - Based on the investigation of competition law violations in 2024, the National Competition Commission (NCC) has decided to impose fines totaling over VND2 billion on five businesses.
Vietnam among Asia’s 15 largest economies

Vietnam among Asia’s 15 largest economies

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
High-tech investment flows into HCM City

High-tech investment flows into HCM City

Major domestic and international corporations are proposing high-tech projects in Ho Chi Minh City, signaling a shift toward innovation-focused investment.
Brazil solidifies position as Vietnam

Brazil solidifies position as Vietnam's biggest trade partner in Latin America

With bilateral trade hitting 7.1 billion USD in the first 11 months of this year, Brazil remains Vietnam's largest trading partner in Latin America, according to Vietnamese Ambassador to the Latin American nation Bui Van Nghi.
Vietnam

Vietnam's import-export surges 15.3%

Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.
Investors wait for a boost in the IPO market

Investors wait for a boost in the IPO market

A new chapter is expected to unfold in Vietnam's financial market, as companies across various sectors gear up for their initial public offerings (IPOs), signalling a notable shift in the country's investment landscape.
Six SOEs to be transferred back to industry ministry

Six SOEs to be transferred back to industry ministry

Six State–owned enterprises (SOEs) with a total State stake of 800 trillion VND (31.5 billion USD) will be transferred back to the Ministry of Industry and Trade (MoIT) after six years under the management of the Commission for the Management of State Capital at Enterprises (CMSC).
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PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
Vietnam emerges as strategic player in global economy

Vietnam emerges as strategic player in global economy

The website sourceofasia.com has recently published an article, highlighting that Vietnam has emerged as a crucial player in the global economy due to balancing its dual trade partnerships with superpowers like the US and China.
Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam has surpassed Bangladesh to become the world’s second largest apparel and textile exporter, ranking only behind China, said Hoang Manh Cam, spokesperson for the Vietnam National Textile and Garment Group (Vinatex) at a press briefing on December 25.
“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

(VEN) - The New Year Festival “City Tet Fest - Thu Duc 2025” will take place from December 28, 2024 to January 1, 2025 at Saigon Riverside Park, Ho Chi Minh City.
Vietnam’s exports to Singapore sustain growth

Vietnam’s exports to Singapore sustain growth

Vietnam’s exports to Singapore continued the growth trajectory in November, rising by 31.32%, sustaining the year-on-year expansion of 32.11% for the first 11 months, positioning Vietnam as the partner with the fastest export growth there, reported the Vietnam Trade Office in the city state.
glorious tradition of the vietnam peoples army

Glorious tradition of the Vietnam People's Army

The Vietnam People’s Army (VPA) celebrate its 80th founding anniversary on December 22, 2024, a milestone in the army’s glorious history of serving and defending the nation. After 80 years of construction and development, the VPA has truly proven its revolutionary nature as an army “born from the people, fighting for the people, and serving the people”.
total fdi registered in vietnam hits 314 billion usd in january november

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
first 11 months of 2024 import export turnover increases 154

First 11 months of 2024: Import-export turnover increases 15.4%

In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.
11 month agro forestry fishery exports exceed yearly target

11-month agro-forestry-fishery exports exceed yearly target

Vietnam’s total export turnover of agro-forestry-fishery products in the first 11 months of 2024 reached 56.74 billion USD, an increase of 19% over the same period in 2023. The sector has exceeded the set target of 54-55 billion USD for the whole year, and is confidently aiming for a new record of 60 billion USD.
hanoi achieves or exceeds 2324 socio economic targets for 2024

Hanoi achieves or exceeds 23/24 socio-economic targets for 2024

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.
Amended Electricity Law proves MoIT’s institutional improvement success

Amended Electricity Law proves MoIT’s institutional improvement success

(VEN) - The amended Electricity Law has been recently passed by the National Assembly, marking a new milestone deeply influenced by the Ministry of Industry and Trade (MoIT) in enhancing the institutional framework in a “rapid” spirit.
Ministry proposes extending agricultural land tax exemption through 2030

Ministry proposes extending agricultural land tax exemption through 2030

The Ministry of Finance has proposed the National Assembly extend the agricultural land tax exemption until December 31, 2030, a move aimed at encouraging investments in agriculture and rural areas to improve the competitive edge of the agricultural products amidst deeper international integration.
Gov

Gov't targets to gradually make English second language at schools by 2030

The Government has approved a plan for international cooperation in the field of education and training until 2030 in order to improve the quality of workforce for socio-economic development.
Nine newly-adopted laws made public

Nine newly-adopted laws made public

The Presidential Office on December 20 announced the President’s order to make public nine new laws that were passed by the 15th National Assembly at its eighth session.
Industry sector asked to urgently restart Ninh Thuan nuclear power project

Industry sector asked to urgently restart Ninh Thuan nuclear power project

The industry and trade sector should exert efforts to speed up the implementation of the revised Electricity Law and the policy on restarting the Ninh Thuan nuclear power project in the south-central province of the same name, Deputy Prime Minister Bui Thanh Son has said.
Success story behind 500kV Circuit-3 transmission line project

Success story behind 500kV Circuit-3 transmission line project

(VEN) - After over-seven-month construction, the 500kV Circuit-3 Quang Trach - Pho Noi power transmission line project, with its enormous workload, was completed on schedule, marking a milestone of the Vietnamese electricity sector in 2024.
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

The Ministry of Industry and Trade has proposed incentives to attract investments in renewable energy projects in a draft decree on implementing the Law on Electricity, which has recently been made public for comments.
The Era of Advancement for Vietnam Industrial Park

The Era of Advancement for Vietnam Industrial Park

(VEN) - The Vietnam Industrial Park Forum 2024, themed “The Era of Advancement for Vietnam Industrial Park”, is officially held in Ho Chi Minh City.
Vietnam increasingly attractive to foreign investors

Vietnam increasingly attractive to foreign investors

(VEN) - Many economists and international organizations forecast Vietnam can attract US$39-40 billion of foreign direct investment (FDI) in 2024, comparable to the result achieved in 2023, over US$39 billion.
Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

The Southeast Economic Zone of Nghe An Province targets attracting around 1 billion USD in foreign direct investment (FDI) in 2025, heard at a conference held by the Nghe An Southeast Economic Zone Management Board in Vinh City on December 20.
Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Mr. Dale McDowall, Executive Leader, Defense and Aerospace, Singapore and Southeast Asia at Boeing's Defense, Space & Security, announced that Boeing aims to invest in Vietnam and expand cooperation in the defense sector.
Can Tho attracts non-state investment

Can Tho attracts non-state investment

Can Tho has been planned as a nuclear urban centre of the Mekong Delta region and received central government attention after the National Assembly issued a resolution on piloting special mechanisms for Can Tho’s development.
Banking sector: Capital flows with no congestion

Banking sector: Capital flows with no congestion

(VEN) - So far, despite the difficulties in capital sources, the Vietnamese banking sector continued to maintain stability. Capital injection into the economy has been more favorable, with no congestion like in previous years. That is a great achievement of the sector in 2024.
Cashless payment requires biometric data updating from January 1, 2025

Cashless payment requires biometric data updating from January 1, 2025

From January 1, 2025, customers will not be able to perform any digital transactions on mobile if they have not completed the biometric information update.
Year-end surge in property bond issuance amid financial challenges

Year-end surge in property bond issuance amid financial challenges

As 2024 draws to a close, Vietnam's real estate industry is witnessing a notable surge in corporate bond issuances.
Vietcombank named most valuable brand in Vietnam

Vietcombank named most valuable brand in Vietnam

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the most valuable brand in Vietnam in 2024, according to a recently released report of Forbes Vietnam.
Sowing millions of seeds to green Vietnam’s shared home

Sowing millions of seeds to green Vietnam’s shared home

Each year in Vietnam, millions of seeds are persistently sown to increase forest coverage, contributing to watershed protection, safeguarding mangrove ecosystems, and mitigating the impacts of climate change.
Dong Thap revives red-crowned crane population

Dong Thap revives red-crowned crane population

In a bid to save its iconic symbol, the Mekong Delta province of Dong Thap is embarking on a conservation and development scheme for the critically endangered red-crowned cranes at the Tram Chim National Park for the 2022–2032 period.
Vietnam likely to face continued turbulent weather systems in 2025

Vietnam likely to face continued turbulent weather systems in 2025

Global temperatures are expected to rise next year, posing a significant risk of extreme and prolonged heat waves in Vietnam, Mai Van Khiem, Director of the National Centre for Hydro-Meteorological Forecasting (NCHMF), has predicted.
Nature-based projects help Mekong Delta fight climate change

Nature-based projects help Mekong Delta fight climate change

Nature-based projects implemented by the World Wildlife Fund (WWF) Vietnam in the Mekong Delta region have helped support local residents to adapt to climate change, heard at a workshop which is part of The Mekong Connect Forum 2024 held in Mekong Delta province of An Giang on December 17.
Innovative startup ecosystem witnesses strong development

Innovative startup ecosystem witnesses strong development

(VEN) - Vietnam is emerging as one of the dynamic emerging economies and a hub for innovative startups in the Asia-Pacific region thanks to a strong development of its innovative business ecosystem.
Top 10 science and technology highlights in Vietnam in 2024 announced

Top 10 science and technology highlights in Vietnam in 2024 announced

The Vietnam Science and Technology Journalists Club announced the 10 most significant science and technology events of the year on December 23, 2024. This marks the 19th year the club has organised the selection.
Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Sixteen contracts worth 286.3 million USD in total, and 17 cooperation agreements between Vietnam’s defence industry units and businesses from various countries such as the US, India, France and Belgium were signed at the Vietnam International Defence Expo 2024 held in Hanoi from December 19-22.
Vietnam can partner with UK in developing nuclear power: Expert

Vietnam can partner with UK in developing nuclear power: Expert

Vietnam should research the feasibility of applying small modular nuclear reactor technology that the UK is currently working on, according to Dr. Dao Duc Cuong from the mechanical, engineering and energy faculty of the University of Bradford of the UK.
Bac Ninh Province focuses on year-end market stabilization

Bac Ninh Province focuses on year-end market stabilization

(VEN) - One of the key tasks of Bac Ninh Province at this time is to focus on stabilizing the market towards year’s end and during the 2025 Lunar New Year holiday.
Vietnam aims to reduce greenhouse gas emissions in agriculture production

Vietnam aims to reduce greenhouse gas emissions in agriculture production

The transformation of agricultural production towards ecological, organic, circular and low-emission agriculture is a top priority as Vietnam seeks to meet its goal of achieving net-zero emissions by 2050, experts said.
Metro Line 1 serves 150,000 passengers on opening day

Metro Line 1 serves 150,000 passengers on opening day

The Metro Line 1 (Ben Thanh–Suoi Tien) in Ho Chi Minh City witnessed a remarkable turnout of approximately 150,000 passengers on its first day of operation on December 22.
Speeding up stopover projects on the eastern North-South Expressway

Speeding up stopover projects on the eastern North-South Expressway

(VEN) - On the morning of December 23, Minister of Transport Tran Hong Minh issued official notes to the Vietnam Expressway Authority, the Department for Roads of Vietnam, project management units, and investors, urging them to accelerate the development of eight stopover projects along the eastern North-South Expressway.
PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

(VEN) - On December 22, the “PV GAS - Green Energy Journey” marathon was officially kicked off in Hanoi by the Petrovietnam Gas Joint Stock Corporation (PV GAS). This event marks the beginning of a series of vibrant social and sports activities in both Hanoi and Ho Chi Minh City, celebrating PV GAS’s successful 2024 – a year in which it shone as an energy spotlight in Vietnam. PV GAS has continuously achieved remarkable milestones, expanding its footprint to ensure comprehensive, flexible nationwide supply of clean gas.
PV GAS reviews maintenance and repair of gas facilities in 2024

PV GAS reviews maintenance and repair of gas facilities in 2024

(VEN) - On December 13, 2024, in Vung Tau City, the Petrovietnam Gas Corporation (PV GAS) organized a workshop on the maintenance and repair of gas facilities in 2024.
Vietnamese products make waves at Malaysia’s halal festival

Vietnamese products make waves at Malaysia’s halal festival

Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.
tcty-dau-khi-vn-pv-power-2022
“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

(VEN) - The New Year Festival “City Tet Fest - Thu Duc 2025” will take place from December 28, 2024 to January 1, 2025 at Saigon Riverside Park, Ho Chi Minh City.
“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

On the evening of December 21, at Golden Field Square, Nghia Lo Town, Yen Bai Province, a ceremony was held to announce the decision and award the Certificate of National Intangible Cultural Heritage for the “Xen Dong” (Forest Worship) Ceremony of the Thai People in Nghia Lo Town.
Fireworks to light up sky over Hanoi on New Year celebration

Fireworks to light up sky over Hanoi on New Year celebration

The capital city of Hanoi is set to welcome the New Year 2025 with spectacular firework displays at five locations and 30 venues for the Lunar New Year (Tet) Festival.
Vietnam’s high-end fashion targets Chinese market

Vietnam’s high-end fashion targets Chinese market

An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
Son La rural tourism promoted

Son La rural tourism promoted

(VEN) - In order to develop rural tourism as part of the New-style rural area construction program in the 2021-2025 period, the northern province of Son La aims to have over 50 percent of rural tourism establishments meeting standards to serve tourists by 2025.
Vietnam aims to welcome 22-23 million international visitors in 2025

Vietnam aims to welcome 22-23 million international visitors in 2025

The tourism industry of Vietnam has planned to receive 22-23 million international visitors by 2025 as part of its efforts to recover and grow the tourism industry following the impact of the COVID-19 pandemic.
Vietnam a green, attractive destination

Vietnam a green, attractive destination

(VEN) - Vietnam is seeking to turn tourism into a spearhead economic sector, and has chosen green, sustainable tourism development as an important solution to reach this target.
Mekong Delta tourism continues to surge

Mekong Delta tourism continues to surge

The Mekong Delta, one of Vietnam's key tourism regions, has worked hard in developing new products and promoting its offerings this year, achieving impressive results in visitor numbers and revenue from tourism and related services.
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