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Vietnam's textile and footwear sector targets annual export growth of 7.5–8% from 2021 to 2025, with turnover expected to reach 50–52 billion USD by 2025 and 68–70 billion USD by 2030.
China’s state-run website china.com.cn has recently published an article on the Vietnam – China international train’s resumption after five years, calling it a golden bridge of friendship and development.
In their proposals, VinSpeed plans to implement the North-South high-speed railway project in five years while Thaco, seven years.
Vietnamese investors have primarily focused on the production and distribution of electricity, gas, hot water, steam, and air conditioning, which accounted for 35% of total outbound investment.
The O Mon 4 Thermal Power Plant will bring Petrovietnam’s total installed capacity to over 9,3000 MW, accounting for around 10% of the country’s total power capacity.
Party Secretary General To Lam’s directive to abolish the state’s monopoly on gold bullion branding is a bold strike against the “ban what cannot be managed” mindset and the “ask-and-grant” scheme.
From tech-savvy retirees to market vendors, many are struggling to adapt to new tax rules.
A business invested nearly USD 2 million in a production line, yet was powerless in the face of rampant counterfeits - sold at half, even a third of the price. How can genuine goods compete?
Authorities have repeatedly cracked down on counterfeit goods sold at one of Ho Chi Minh City’s most iconic shopping centers, but the issue persists, fueled by consumers’ preference for cheap prices.
The Ministry of Industry and Trade has proposed that the Prime Minister direct Vietnam Electricity (EVN) to urgently resolve the obstacles and reach agreements with investors involved in wind and solar power projects.
During his U.S. visit, Minister Do Duc Duy emphasized mutual benefits of avoiding high tariffs and expanding agricultural cooperation with Ohio.
When large private enterprises of Vietnam participate in urban railway projects, they are expected to make big changes to progress, giving HCM City the opportunity to build an urban railway network in a fast, quality, and cost-saving manner.
Enterprises must not exploit the current supply shortage to inflate prices, create artificial values, or circulate unverified information to incite speculation and profiteering, which could destabilise the market.
Many banks have established green transition steering committees, embedded the ESG criteria in their business strategies, and expanded funding for environmentally-friendly sectors.
This trend reflects a growing demand for funds to accelerate growth strategies, including mergers and acquisitions (M&A) and debt reduction.
Vietnam’s legal framework governing fruit imports and exports is now relatively comprehensive. However, a lack of understanding of each country’s regulatory requirements among some exporters and importers continues to cause procedural difficulties.
The successful export of this first certified staple is the result of tireless collaboration among farmers, cooperatives, businesses, and agricultural authorities across the Mekong Delta.
They insisted that the role of SOEs has become increasingly important in maintaining macroeconomic stability, guiding the market, and delivering on national strategic objectives.
During this period, the country’s total trade turnover hit 355.79 billion USD, up 15.7% from last year's figure.
According to the central bank's payments department, non-cash payments were worth 295.2 quadrillion VND in 2024, or 26 times the country's GDP.