Domestic market

City Sale to bring together 500 domestic and global brands with big discounts

15:17 | 03/09/2024 Domestic market

Building on the success of last year’s programme HCM City is set to organise a major promotional event for high-profile domestic and international brands from August 30 to September 8 at three locations.

Used car market sees robust recovery: report

16:13 | 02/08/2024 Domestic market

The domestic used car market has shown a robust recovery in the first half of 2024, marking a significant turnaround from the slump experienced in 2023, according to industry insiders.

Vietnam’s e-commerce market size to hit US$30 billion this year

09:34 | 30/07/2024 Domestic market

E-commerce sales in Vietnam are likely to surpass the US$30 billion mark by the end of 2024 thanks to local growing consumer trends that help drive up online sales via e-platforms, said delegates at a meeting in Ho Chi Minh City on July 29.

Domestic enterprises make imprints on real estate M&A market

11:26 | 03/07/2024 Domestic market

The domestic real estate market has bottomed out and is gradually making a U-turn, promising a brighter outlook this year with mergers and acquisitions (M&A) bouncing back.

HCM City's real estate market witnesses recovery

11:20 | 15/10/2024 Domestic market

The real estate market in Ho Chi Minh City has witnessed positive changes over the past nine months.

Vietnam looks for ways to spark domestic consumer demand

16:11 | 22/09/2024 Domestic market

From now until the end of the year, many trade promotion and consumer demand stimulation programmes will be launched to boost the domestic market.

Removing bottlenecks for domestic petroleum market

14:31 | 19/09/2024 Domestic market

Two petrochemical refineries, 38 key trading enterprises, over 320 distributors and representatives of private petroleum companies of more than 17,000 petroleum outlets are expected to join the exchange floor.

E-commerce industry on road to meeting US$35 billion revenue target in 2025

16:48 | 11/06/2024 Domestic market

The market size of Vietnamese e-commerce hit US$20.5 billion last year, marking an increase of about US$4 billion compared to 2022, and the industry is likely to achieve the US$35 billion revenue target ahead in 2025.

Real estate market picking up

14:43 | 10/06/2024 Domestic market

The real estate sector has been bustling with a series of positive signs, as some resort projects are reactivated, industrial ones implemented, and new housing supply entering the market.

Flying could become cheap again as authorities vow to reduce taxes

07:00 | 21/05/2024 Domestic market

HCM CITY — Aviation authorities have pledged to resolve the challenges faced by airlines, including reducing taxes and fees, following the recent public outcry caused by the surge in domestic airfares.

Real estate market in the South picking up

06:00 | 10/05/2024 Domestic market

HCM CITY — The real estate market in provinces and cities in the southern region of Việt Nam in the first months of 2024 grew, with land, low-cost housing and apartments seeing higher demand.

Cooperatives seek to expand sales to e-commerce

10:55 | 22/04/2024 Domestic market

HCM CITY — In line with emerging trends in modern shopping, numerous co-operatives have proactively adopted digital transformation strategies.

Real estate market has positive performances in Q1: VARS

10:07 | 17/04/2024 Domestic market

The real estate market has witnessed positive performances, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.

PM demands strengthened gold market management

17:04 | 12/04/2024 Domestic market

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.

Domestic coffee prices at record high

06:00 | 16/03/2024 Domestic market

New records have continuously been set in the prices of coffee in Central Highlands localities recently, now standing at over 90,000 VND (3.65 USD) per kilo.

Difficulties in sales of OCOP products

06:05 | 10/03/2024 Domestic market

(VEN) - With more than 10 thousand One Commune One Product (OCOP) products, the promotion of Vietnamese local specialties on e-commerce platforms is an effective solution to resolve the output problem for the products.

Vietnamese stock market rapidly advancing towards global standards: Prime Minister

09:20 | 29/02/2024 Domestic market

Prime Minister Phạm Minh Chính has revealed that he closely monitors the stock market on a daily basis because it reflects the "health" of businesses and the government's management.

Demand slumps for meat, eggs in HCM City

09:19 | 26/02/2024 Domestic market

After the long Tết holiday, sales of meat and eggs in HCM City are falling due to limited demand and changes in consumer diets for the vegetarian month.

Growth motivation from domestic market

15:21 | 22/01/2024 Domestic market

Consumption demand is forecast to be among the main contributors to economic growth in 2024, along with public investment and export activities.

Australian peaches and nectarines promoted in Vietnam market

21:42 | 14/12/2023 Domestic market

(VEN) - It's harvest time for Australia’s summer fruits. Vietnamese consumers can now enjoy some of the best-eating peaches and nectarines that are sweet and tangy, crispy and crunchy, soft and juicy.

Taste of Australia program launched in MM Mega Market Vietnam

22:18 | 07/12/2023 Domestic market

The “Taste of Australia” program has opened in MM Mega Market Vietnam in Ho Chi Minh City (HCMC) from December 7-20, 2023.

Trước Sau

Latest Most Read

VN's food processing industry struggles to improve quality and value chain integration

11:36 | 22/11/2024 Industry

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Generali Vietnam 13-year journey to build “The hundred points of trust”

11:30 | 22/11/2024 Companies

(VEN) - The milestone of 100 agency offices nationwide is the sweet fruit of more than a decade of Generali’s participation in the Vietnamese life insurance market, showing its long-term commitment to the mission of becoming a “Lifetime Partner” of millions of Vietnamese families.

PJICO: 30 years of development

11:19 | 22/11/2024 Vietnamese Brands

(VEN) - Throughout the past 30 years of establishment and development, Petrolimex Insurance Corporation (PJICO) has solidified its position in the non-life insurance sector and overcame numerous challenges.

Insurance Association of Vietnam: 25-year journey of growth

10:49 | 22/11/2024 Society

(VEN) - The Insurance Association of Vietnam (IAV) was established under Decision 51/1999/QD/BTCCBCP dated July 9, 1999 of the Government’s Commission for Organization and Personnel (now the Ministry of Home Affairs). Over the past 25 years of development, the association has affirmed its vital role in the Vietnamese insurance market.

Promoting sustainable growth of insurance market

10:43 | 22/11/2024 Economy

(VEN) - The Vietnamese insurance market was established in 1993 and has grown remarkably with numerous life and non-life insurance companies and insurance brokers. Insurance products have been diversified, especially life and health insurance.

Multimedia

Video Longform Infographic Photo

Strengthening Vietnam-Cambodia friendship and cooperation

09:00 | 22/11/2024 Infographic

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.

Vietnam - Malaysia Strategic Partnership

10:54 | 21/11/2024 Infographic

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.

Vietnam, Dominican Republic strengthening cooperation

08:45 | 20/11/2024 Infographic

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).

Vietnam - Brazil strategic partnership

10:26 | 19/11/2024 Infographic

During his trip to Brazil from November 16-19 for the G20 Summit and bilateral engagements, Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. The two leaders agreed to elevate the Vietnam-Brazil bilateral relations to a Strategic Partnership and issue a joint statement on the upgrade of the ties.

Nhon - Hanoi Station elevated urban railway comes into operation

09:04 | 18/11/2024 Infographic

The elevated section of the pilot Nhon - Hanoi Station urban railway project has officially entered commercial operation, three months after its debut. This marks a pioneering step toward green transformation, laying the foundation for the capital's public and sustainable transportation development.

Policy

New decree on using telecommunications accounts for payment proposed

09:29 | 22/11/2024 Policy

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.

Parliament approves amendments to pharmacy law

08:54 | 22/11/2024 Policy

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.

VAT tax reduction should continue until mid-2025: Ministry

17:15 | 21/11/2024 Policy

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

NA deputies scrutinise investment policy for North-South high-speed railway project

08:54 | 21/11/2024 Policy

The preliminary total investment for the project is estimated at VNĐ1.7 quadrillion (around US$67.34 billion). To ensure its progress and success, 19 special policies have been proposed.

Industry & Trade

VN's food processing industry struggles to improve quality and value chain integration

11:36 | 22/11/2024 Industry

Tra fish sector aiming for production, processing greening for sustainable development

15:38 | 20/11/2024 Industry

HCM City - Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.

Solutions discussed to ensure coal supply for electricity generation in 2025

16:24 | 19/11/2024 Energy

Việt Nam Electricity (EVN), Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV), and Đông Bắc Corporation have proposed solutions to secure sufficient coal for power generation as thermoelectricity is expected to rise significantly to meet 2025's socio-economic power demand.

Garment industry targets 47-48 billion USD in export turnover next year

16:16 | 19/11/2024 Industry

Hanoi – Vietnam’s textile and garment industry aims to achieve 47–48 billion USD in export turnover in 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).

Investment

Workshop seeks ways to attract Japan’s green investment to Vietnam

09:43 | 20/11/2024 Investment

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

16:57 | 18/11/2024 Investment

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.

Disbursement of public investment must be accelerated: Deputy PM

12:17 | 17/11/2024 Investment

Deputy Prime Minister Ho Duc Phoc has called on ministries, agencies, and localities to accelerate the disbursement of public investment from now until the year-end and further tighten investment management.

LG plans to pour further US$1 billion investment into Vietnam

10:42 | 16/11/2024 Investment

The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.

Finance-Banking

HDBank wins three awards at Vietnam Listed Company Awards 2024

10:53 | 21/11/2024 Finance-Banking

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

16:46 | 18/11/2024 Finance-Banking

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.

Vietcombank issues 2 trillion VND worth of green bonds for first time

18:55 | 16/11/2024 Finance-Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.

UK stands ready to help Vietnam build international financial hub

17:13 | 13/11/2024 Finance-Banking

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.

Environment

Significant progress in fisheries' environmental protection but challenges remain

09:35 | 22/11/2024 Environment

All provinces and cities across the country had issued plans and directives to implement specific activities of the project in line with local conditions.

Hà Nội prepares for temperature drop as cold front approaches

16:56 | 21/11/2024 Environment

According to the NCHMF, the cold front will result in temperatures dropping sharply across the northern region.

Hundreds of damaged irrigation reservoirs need repairing

09:02 | 20/11/2024 Environment

Việt Nam's system of dams and reservoirs is facing numerous challenges. Unusual rainfall patterns, flash floods due to climate change and the degradation of many structures pose significant safety risks.

Greening e-commerce crucial for sustainable development

10:47 | 18/11/2024 Environment

(VEN) - While e-commerce has emerged as a leading sector of the digital economy, driving economic growth and leading the digital transformation of businesses, it has also resulted in significant waste with adverse environmental impacts.

Science - Technology

Việt Nam and Korean NIPA strengthen tech cooperation

10:42 | 22/11/2024 Science - Technology

The Minister of Information and Communications, Nguyễn Mạnh Hùng, commended NIPA for its contributions in assisting Việt Nam in establishing a legal framework for the draft digital industry law.

Cyberattack risks surge with AI advancements

10:39 | 22/11/2024 Science - Technology

Cyberattacks are becoming more sophisticated and complex, especially with the assistance of artifical intelligence (AI), said Deputy Minister of Information and Communications Bùi Hoàng Phương.

People, community at heart of digital transformation: Deputy PM

09:26 | 21/11/2024 Science - Technology

He called on countries and organisations to bolster close cooperation to build an Internet community of safety, responsibility and development while laying stress on Việt Nam's significant progress in the digital transformation programme.

AI is core technology of 4th Industrial Revolution: Minister

11:19 | 20/11/2024 Science - Technology

Minister of Information and Communications Nguyen Manh Hung on November 19 emphasised that artificial intelligence (AI) is the core technology of the 4th Industrial Revolution, as important as the steam engine of the first Industrial Revolution, the power generator of the 2nd Industrial Revolution and the personal computer of the 3rd Industrial Revolution.

Society

Insurance Association of Vietnam: 25-year journey of growth

10:49 | 22/11/2024 Society

MoIT supports insurance companies in consumer right protection

10:07 | 22/11/2024 Society

(VEN) - Recently, apart from inspection, the Ministry of Industry and Trade (MoIT) has guided insurance companies to research, formulate and perfect policies to protect the legitimate rights of consumers. Vietnam Economic News’ Nga Duong had an interview with Nguyen Quynh Anh, Vice Chairwoman of the National Competition Commission (NCC) on this issue.

Việt Nam-UK Institute plans for an international university

09:14 | 21/11/2024 Society

The Việt Nam-UK Institute for Research and Executive Education (VNUK) under the Đà Nẵng University will be turned into an international university – a key base of the Đà Nẵng University – in the 2030-50 Master Plan.

Hanoi aims to become a smart city by 2030

09:13 | 21/11/2024 Metropolis

(VEN) - At their 19th session, delegates of the Hanoi People’s Council approved a project for the development of an intelligent transport system in the city.

Vietnamese Brands

PJICO: 30 years of development

11:19 | 22/11/2024 Vietnamese Brands

VN takes part in food and beverage fair in Chicago

09:45 | 20/11/2024 Vietnamese Brands

The event is organised by the Private Label Manufacturers' Association (PLMA).

Hòa Bình honey awaits reactions from UK

10:41 | 19/11/2024 Vietnamese Brands

Farmers, producers, and the agricultural authorities in Hòa Bình Province are waiting for feedback on their locally produced honey, which was exported for the first time to the UK last month.

Post-Typhoon Yagi trade networking event starts in Hải Dương

10:04 | 19/11/2024 Vietnamese Brands

The Hải Dương Handicrafts Association and Nam Vũ Clean Agricultural Cooperative organised a trade event in Thanh Hà District to help local businesses expand markets and find partners after Typhoon Yagi.

Culture

Cultural activities celebrate Việt Nam Heritage Day

10:06 | 22/11/2024 Culture

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.

Bac Ninh Province: Dong Ho folk painting needs urgent safeguarding

15:04 | 20/11/2024 Culture

(VEN) - Dong Ho folk painting village, located in Dong Khe Hamlet, Song Ho Commune, Thuan Thanh Town, Bac Ninh Province, boasts an over-400-year history. Its origin is tied to the Vietnamese tradition of hanging paintings during the Lunar New Year (Tet), the Mid-Autumn Festival, and ancestor worship.

Vietnamese designers tell stories of culture at Fashion Week

10:14 | 20/11/2024 Culture

Vietnamese fashion designers took audiences in Hà Nội on a journey to explore the country’s culture and heritage through their new collections presented at the Aquafina Việt Nam International Fashion Week (AVIFW) Fall/Winter 2024.

Creative City promotes socio-economic development, says expert

09:59 | 20/11/2024 Lifestyle

The design festival became one of Hà Nội's commitments after joining UNESCO's Creative Cities Network in 2019.

Tourism

Golden time for community-based tourism development

10:38 | 22/11/2024 Tourism

(VEN) - Community-based tourism is a model in which local communities provide tourists with products and services and share the benefits generated by tourism.

Christmas Festival to entertain visitors to Đà Nẵng

09:53 | 22/11/2024 Tourism

A public space in celebration of Christmas Day and New Year – Danang X’mas-New Year – will be opened at the pedestrian area and stages on the Hàn River banks near the Rồng (Dragon) Bridge from December 19 to January 2, offering entertainment and festive activities for all residents and visitors.

How trekking the mountains lifted me up and above ... the clouds: conquering Lùng Cúng

09:45 | 22/11/2024 Tourism

Not only is trekking to the top of a mountain an active physical workout and you get a clean intake of oxygen, it is about the joy of overcoming yourself.

Blooming buckwheat flowers on Ha Giang roads

14:54 | 21/11/2024 Tourism

(VEN) - When buckwheat flowers on the hills and in the valleys of the Dong Van karst plateau bloom, it is also the peak tourist season in the Northernmost province of Ha Giang.