Business

Vietnam has officially removed the state monopoly on gold bullion production, marking a significant shift in the country’s gold market dynamics.

Ride-hailing fares in Hanoi and HCM City have surged, especially for cars, with rates doubling or even tripling in some areas, yet passengers have still found it hard to get a ride.

As AI is fast becoming a strategic technology, Vietnam has been quick to recognise the challenge posed by a shortage of high-quality AI professionals and is stepping up efforts to bridge the gap.

The United States recently imposed a 20 per cent countervailing tax on goods originating from Vietnam, a level that presents challenges but remains manageable for domestic enterprises.

Automaker VinFast, a subsidiary of conglomerate Vingroup, announced it will debut its first battery-swapping electric motorbike model, Evo Max, in this October at an expected price of VND 20 million.

Crop production, which accounts for about 80 per cent of total greenhouse gas emissions in Vietnam’s agriculture sector, is now at the centre of efforts to build greener, more sustainable farming.

The deal with the State Bank of India (SBI) marks an important step in VinFast’s strategy to expand its presence and promote green mobility in India.

Vietnam aims to see at least 30 State-owned enterprises (SOEs) with net revenue exceeding USD 1 billion each by 2030, according to a finance ministry strategy on developing the State economic sector.

To celebrate National Day on September 2, supermarkets in Hanoi are extending opening hours and offering steep discounts to attract shoppers.

The SBV is gathering public comments for draft decrees on the licensing and operation of banks, foreign exchange management, AML and anti-terrorist financing at the International Financial Centre.

Hundreds of sturgeon farms in Lao Cai Province are struggling to sell their fish as cheap imports from China flood the market.

Ben Thanh underground station of HCM City’s Ben Thanh-Suoi Tien metro route (Metro Line 1) will serve as one of four key venues for the City Sale promotion.

Despite a temporary halt in rice import from the Philippines, Vietnam’s export is expected to exceed 8.2 million tonnes for the whole year.

Vietnam’s dairy herd is shrinking rapidly, with Ho Chi Minh City, once home to the country’s largest herds, seeing a decline of more than 50 per cent.

The outbreak of African swine fever in Vietnam has driven down domestic pork consumption, sending prices into a steep decline.

Vietnam’s property market is showing strong signs of recovery despite wider economic challenges, with sector-wide net profit surging nearly 130 per cent year-on-year in the second quarter of 2025.

The Theme Park Vietnam Expo 2025, the only national exhibition dedicated to the theme park and amusement industry, is scheduled to take place at the ADORA Centre, HCM City, on August 27 - 28.

Vietnam’s pangasius catfish, often dubbed the “export king” with annual revenues worth billions of USD, has yet to secure a strong foothold at home.

A job fair due to be held at Long Thanh International Airport in Dong Nai Province on August 23 will offer more than 3,000 positions for local workers and students.