Business

Vietnam's coffee exports soared to a record high of USD 4.7 billion in the first five months of 2025, driven by strong demand from major markets including the European Union and the US.

Southeast Asian nations are accelerating talks with the United States and seeking a unified regional stance as Washington’s 90-day suspension of retaliatory tariffs is set to expire on July 9.

Eligible banks and enterprises will be licensed to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.

Vietnam’s automobile market recorded total sales of 29,210 units in May 2025, according to figures released by the Vietnam Automobile Manufacturers Association (VAMA).

PM Pham Minh Chinh emphasised the importance of boosting economic cooperation between Vietnam and France at a joint business forum in Paris on June 11.

Despite challenges, Vietnam recorded positive econnomic signals during the first five months of 2025 as the Government stays steadfast in the growth target of over 8% this year.

The State Bank of Vietnam has been asked to prioritise lending for commercial housing projects with reasonable prices and to research credit packages for young people looking to buy homes.

Vietnam recorded nearly 111,800 newly established and reactivated enterprises in the first five months of 2025, marking an 11.3 per cent year-on-year increase.

A video of a humanoid robot with the name VinMotion on its chest has gone viral, offering a first glimpse of Vietnam’s ambitions in advanced robotics.

Vietnam’s garment and textile exports exceeded USD 17.58 billion in the first five months of 2025, up 9 per cent compared to the same period last year.

HCM City’s Index of Industrial Production rose by 8.2 per cent in the first five months of 2025 compared with the same period last year, marking the city’s strongest five-month growth in seven years.

Vietnam's overseas investment surged in the first five months of 2025, reaching USD 317.3 million , a 130 per cent increase compared to the same period in 2024.

The O Mon 4 Thermal Power Plant will bring Petrovietnam’s total installed capacity to over 9,3000 MW, accounting for around 10 per cent of the country’s total power capacity.

China has proposed establishing a "green channel" to ease the export of rare earths to the European Union, the commerce ministry said Saturday, after Beijing restricted their sale abroad.

Vietnam reached a new milestone with over 10 million stock trading accounts by the end of May, according to data from the Vietnam Securities Depository (VSD).

Prime Minister Pham Minh Chinh met with leaders of several major Estonian corporations in Tallinn on June 6 to boost investment and business cooperation in Vietnam.

Vietnam’s consumer price index recorded a steady increase in May, while trade and investment activities demonstrated strong momentum in the first five months of 2025.

Foreign investment in Vietnam reached nearly USD 18.4 billion in the first five months of 2025, a 51 per cent increase year-on-year, according to the Ministry of Finance’s Foreign Investment Agency.

The retail prices of petrol were revised up to more than VND 19,000 per litre from 3 pm on June 5 in a price adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.