Business

Several commercial banks have started reducing deposit interest rates by 0.1 to 0.4 percentage points in response to the PM’s direction to lower rates.

Prime Minister Pham Minh Chinh has called on small- and medium-sized enterprises (SMEs) to push beyond their limits and strive for growth at a Government conference with the group on February 27.

The Civil Aviation Authority of Vietnam (CAAV) has urged local airlines to add more aeroplanes amid the sharp passenger rise.

Vietnam should work to remove obstacles that have hindered private investment in the energy sector, a push to achieve double-digit economic growth target, according to insiders.

The recent imposition of temporary anti-dumping duties on certain hot-rolled coil (HRC) steel products imported from China is expected to have positive impacts on certain Vietnamese steel producers.

Minister Nguyen Hong Dien has called on the Republic of Korea (RoK) enterprises to explore investment opportunities in Vietnam’s energy sector, including nuclear power.

The JW Marriott Residences Grand Marina Saigon, Sea has opened in Ho Chi Minh City, marking the debut of JW Marriott’s first urban-branded residences in the Asia-Pacific, now operational in Vietnam.

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) opened at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on February 26.

US President Donald Trump’s 25 per cent tariff on imported steel and aluminium, effective March 4, aims to protect its domestic industry -- but it will pose challenges for Vietnamese businesses.

Vietnam is likely to secure high annual growth of 8%, or even double-digit growth after recording a 7% expansion last year, according to an expert at Singapore-based United Overseas Bank.

Amidst the looming threat of a trade war, Vietnamese exporters are demonstrating resilience and adaptability in maintaining their global market position.

Vice Chairman of the Binh Duong Provincial People’s Committee Bui Minh Thanh on February 24 hosted a meeting with a delegation of Japanese businesses seeking to promote investment in the province.

The Ministry of Finance is seeking public feedback on a draft decree proposing an extension for the payment deadlines of value-added tax, corporate income tax, and land rents in 2025.

As tensions between the United States and countries like China, Canada and Mexico escalate with tariff retaliations, Vietnam is poised to benefit from the shifting global supply chain, experts say.

Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) today.

PR Article - SmartNet, a Hanoi-based distributor of cybersecurity solutions, has announced a partnership with MONITORAPP, an experienced vendor of web application firewalls in South Korea.

Electric and hybrid vehicles are projected to continue experiencing strong growth in 2025 and the following years, with an expected growth rate of 25-30% in 2025.

More than 400 exhibitors are set to participate in the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies which will run from February 26 to 28 in Ho Chi Minh City.

Domestic businesses are advised to closely monitor market fluctuations and the political and social factors that influence trade, enabling timely and effective responses.