business news

Update news business news

Private sector empowers Vietnam’s steel revolution

Private enterprises have emerged as a new engine of Vietnam’s steel industry, helping transform production dynamics and drive the country’s industrialisation and modernisation process.

Major opportunities for VN agricultural product exports to enter Chinese market

China is tightening its import regulations, aligning them more closely with high-standard markets like Japan and South Korea. This requires VN producers and exporters to adopt more professional, transparent, and sustainable business practices.

Vietnam raises electricity prices: Businesses pay up to VND 5,422/kWh

New pricing structure reveals major disparities between commercial, residential, and industrial rates.

Pi Coin spikes to $1.4 as $1.5B traded in 24 hours, market cap surpasses $9B

Crypto communities hype a price rebound, but large holders may trigger sudden selloffs.

Ministry requests data provision to demonstrate compliance of Vietnamese goods

The US is now a comprehensive strategic partner and one of Vietnam's largest export markets. Meanwhile, Vietnam ranks as the US's eighth-largest trading partner.

Vietnam eyes 8% growth in 2025 through strategic reforms

Vietnam’s economy continued to show resilience and dynamism in the first four months of 2025, maintaining its position among the world’s fastest-growing economies, despite heightened global uncertainties.

Vietnam stock market surges on KRX launch and US tariff talks

The VN-Index jumps 3.3% as the new KRX system and trade negotiations boost investor confidence.

Vietnamese enterprises urged to adopt strategic measures amid US tariff threat

Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.

Science, technology at the heart of Vietnam’s agricultural transformation

Minister of Agriculture and Environment Do Duc Duy said agriculture and environment sector must transform its mindset and methods in order to improve productivity, enhance product quality and value, and protect the environment for future generations.

Vietnamese experts propose bold HCMC plan to attract talent

Long-term commitments, respect for individuality, and personal recognition, as well as incentives, are all key to attracting and retaining talent to HCM City.

Vietnam enjoys positive export growth in new markets

According to the Ministry of Industry and Trade, by the end of April, Vietnam’s total export turnover reached 140.34 billion USD, an increase of 13% compared to the same period in 2024.

Pi Network coin rebounds slightly but still far below peak

As Bitcoin’s price surged past the $100,000 mark, the price of Pi - a digital currency from the Pi Network project - also experienced a slight uptick, now trading around $0.70 per Pi. However, this remains nearly 76% lower than its all-time high.

Big-bike brands exit Vietnam as strict rules and high costs deter riders

Vietnam’s premium motorcycle market is contracting under mounting regulation and rising expenses.

Business tycoon on death row disputes state asset valuations

From detention, Truong My Lan requests a fair valuation of her assets, citing discrepancies that could increase state recovery.

Hanoi low-rise housing prices dip slightly but remain high, attract fewer buyers

Although primary prices for villas and rowhouses in Hanoi decreased slightly in the first quarter, they remain high, nearing VND300 million per sq m, which has limited investors’ interest.

Investment approval rules must go, says economist Nguyen Dinh Cung

Vietnam’s investment environment must improve by eliminating outdated administrative barriers.

Vietnam's highest electricity rate now USD 0.21 per kWh during peak hours

Effective May 10, electricity prices rise by 4.8%, with commercial rates peaking at over VND 5,400/kWh.

Vietnam’s private sector set to soar as Resolution 68 removes barriers

Resolution 68 aims to unshackle Vietnam’s private sector, recognizing it as a vital economic engine.

Vietnamese fruits promoted at Italy’s Macfrut 2025

The Vietnamese booth attracted participation from 10 domestic agribusinesses, with each contributing an assortment of products on display to introduce to the Italian market.

Lychee output expected to rise 30% this year

Approximately 60% of the output is expected to be consumed domestically, while the remainder destined for export.