Business

The Vietnamese government has approved an investment proposal for Sun PhuQuoc Airways, a new airline backed by Sun Phu Quoc Aviation Co., Ltd., a subsidiary of the Sun Group.

The central province of Quang Ngai has proposed the construction of a railway project with a total investment of VND900 billion (USD34.81 million).

Vietnam and the US are entering into the second round of negotiations on a bilateral reciprocal trade agreement to address pending issues in trade relations between the two countries.

Facing rising global trade barriers and market fluctuations, Vietnam’s fishery industry is intensifying efforts to diversify its export markets and products to sustain growth and reduce risks.

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

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

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 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.

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 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.

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.

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’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.

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 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.

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

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