Business

Trump Organization to build Trump Tower in Thu Thiem

The Trump Organization is expanding its footprint in Vietnam’s real estate sector, with plans to construct a Trump Tower in Thu Thiem, one of Ho Chi Minh City’s most strategic urban development zones.

Vietnamese firms confront rising wave of trade defence measures

Vietnamese enterprises face mounting pressure from an increase in trade defence measures globally, according to the Ministry of Industry and Trade.

Vietnam targets stronger presence in USD 2 trillion Halal market

Despite its strong export potential, Vietnam currently meets less than 10 percent of global Halal food demand.

Thailand cuts growth forecast on tariff uncertainty

Thailand has downgraded its 2025 economic forecast due to uncertainty over trade tariffs threatened by US President Donald Trump, senior officials said on Monday.

Vietnamese exporters cautiously optimistic, prepare for US tariff impacts

Vietnamese exporters are working to fulfil existing orders and make the most of the remaining time before new US tariffs take effect, while preparing strategies to adapt to upcoming changes.

PM calls for drastic actions to realise Resolution 68

Prime Minister Pham Minh Chinh called for drastic actions from all ministries, sectors and localities to swiftly translate No. 68-NQ/TW on developing the private economic sector into reality.

Australian firm produces heavy rare earth, first outside China

Australian firm Lynas Rare Earths says it has become the first commercial producer outside China of heavy rare earths, used in an array of renewable energy technologies.

Unleashing private sector potential in cultural industries development

Resolution No. 68-NQ/TW issued by the Politburo recently is expected to unlock the potential of the private economic sector in boosting the growth of cultural industries, according to experts.

Legislature approves special mechanisms for private sector development

The National Assembly adopted a Resolution on several special mechanisms and policies aimed at promoting the development of the private sector in Vietnam, at its ongoing sitting in Hanoi on May 17.

Vietnam and United States hold direct negotiations on new trade deal

Vietnam’s Minister of Industry and Trade Nguyen Hong Dien has recently held a direct ministerial-level negotiation session on a new trade deal with United States Trade Representative Jamieson Greer.

Vietnam’s plan to cut US car tariffs faces limited short-term impact

While the policy reflects Vietnam’s intent to strengthen trade relations with the US, the real impact on car prices will be modest.

Chu Lai - India direct call service launched

Chu Lai Port and Regional Container Lines - a Bangkok-based container shipping line – signed a cooperation agreement on launching a direct call service from Chu Lai to India on May 16.

Feasibility studies for six railway projects agreed

The Ministry of Construction has instructed its project management units to conduct feasibility studies for six national railway projects between 2025 and 2027.

Haiphong plans new complex on former port site

Authorities in the northern city of Haiphong have planned to auction the area, currently home to Hoang Dieu Port, to construct a golf course, commercial housing, and service facilities.

Vietnam, Thailand aim for US$25 billion trade by 2030

Vietnam and Thailand should utilize complementary strengths in areas such as the digital economy, green energy, regional supply chains, and smart agriculture.

Lao Cai–Hanoi–Hai Phong railway work to begin this year

The Vietnamese government has approved an investment plan to construct the Lao Cai–Hanoi–Hai Phong railway line.

VinSpeed registers 61.35 billion USD investment for high-speed railway

VinSpeed High-Speed Rail Investment and Development JSC has announced its registration to invest in Vietnam’s North–South high-speed railway project, with an estimated investment of 61.35 billion USD.

Two modern container terminals opened in northern Vietnam

Container Terminals 3 and 4 at Lach Huyen Port in Haiphong City have been inaugurated, marking a strategic step in the development of an international gateway port system in northern Vietnam.

Vietnam, US promote cooperation in AI, semiconductor

AI and semiconductors have been identified as core sectors for development by both Vietnam and the US in the coming decade.

Government to ramp up inspection on gold trading

The Government has called for stricter market management, intensified inspections and larger penalties for violations in response to the recent developments in domestic gold prices.

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