business news

Update news business news

Policy boost urged as financial leasing hits 40.7 trillion VND in Q1

Financial leasing was sound in several categories, such as for cars, up 26.4% to 8.5 trillion VND, ships up 79.44% and medical equipment up 50%.

Vietnam taps ASEAN halal market for agricultural exports

The ASEAN region's growing demand, combined with geographic proximity that reduces transportation costs, creates a substantial competitive edge for Vietnamese enterprises.

Vietnam classified as low risk under EU anti-deforestation regulation

Vietnamese exports to the EU will be subject to simplified due diligence requirements, easing the compliance burden on businesses.

Vietnam Furniture Association launches first trend publication

Trend 26+ is the first trend publication of Vietnam’s furniture industry for the period 2026-30.

Binh Dinh seeks over 290 million USD to upgrade ports for 50,000DWT vessels

By 2030, the province’s seaport system is expected to handle 17.65–18.75 million tonnes of cargo annually, including 0.32–0.37 million TEUs of containerised cargo and 150,000–200,000 passenger visits per year.

Vietnamese pepper sector advised to strengthen position on global export map

Exporters targeting high-standard markets that impose strict quality requirements but offer attractive profit margins must pay greater attention to quality control for enhancing product consistency and resilience in the face of market fluctuations.

Politburo resolution on private sector development hailed by business community

The newly-issued Resolution No. 68-NQ/TW of the Politburo on the development of the private economic sector has garnered strong support from experts and the business community.

Vietnamese mangoes dominate Chinese market

The average export price of Vietnamese mangoes also rose by 72.65%, reflecting strong consumer acceptance in China.

Durian sector overheats, Minister warns of serious risk signals

Vietnam’s durian industry - recently hailed as a billion-dollar fruit export - has achieved remarkable growth, becoming a major agricultural sector. However, its rapid expansion now poses several risks.

Dak Lak urges testing centers after toxic chemicals found in exported durian

Following China's detection of cadmium and auramine O in Vietnamese durians, Dak Lak seeks urgent government support for localized testing and oversight.

Vietnam to establish gold exchange for fairer public trading

The Prime Minister proposes creating a regulated gold exchange to enable transparent public trading and prevent market manipulation and smuggling.

PM orders police probe into durian export fraud as sector expands rapidly

Deputy Prime Minister Tran Hong Ha has signed Prime Ministerial Directive No. 71, dated May 23, outlining urgent tasks to promote sustainable durian production and export.

Vietnam’s property sector attracts $2.39bil. FDI in Q1/2025

Outstanding loans to real estate businesses rose 25% year-on-year, while bond issuance and FDI show cautious optimism.

Vietnam cracks down on durian safety risks amid rising China scrutiny

Authorities investigate contamination sources as Vietnam pushes for cleaner durian exports.

Vietnam mulls land-use tax to prevent real estate waste

A proposed property tax law aims to stop idle land hoarding by making owners pay if land remains unused.

China approves over 800 new codes for Vietnam’s durian exports

In a significant development for Vietnam’s durian industry, China’s General Administration of Customs (GACC) has officially approved 829 new growing area codes and 131 packing facility codes, expanding Vietnam’s access to this lucrative market.

Vietnamese businesses urged to transform, collaborate amid global trade shifts

Businesses will be required to invest in compliance measures such as traceability verification and environmental data systems.

State bank launches tool to facilitate green finance

The State Bank of Vietnam (SBV) on May 21 launched the Environmental and Social Risk Management System (ESMS) Handbook in Credit Granting Activities.

Trump Int'l Hung Yen hoped to foster local rapid, sustainable development: PM

This is the first project in Vietnam bearing the Trump brand from the US-based Trump Organisation, and one of more than 20 such projects in the world.

Procedures for opening indirect investment accounts are simplified

The new circular aims to streamline administrative procedures, remove barriers and enhance the ease with which foreign capital can flow into Vietnam’s stock market.