Business

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.

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.

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

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.

US enterprises operating in Vietnam have affirmed their commitment to sustainable, long-term investment in the country amid current challenges at a dialogue with PM Pham Minh Chinh in Hanoi on May 13.

Australia is providing up to AUD2 million in funding to support agricultural innovations that tackle climate change across Vietnam, as part of the fifth round of the Aus4Innovation Partnership Grants.

More than 100 Vietnamese businesses are taking part in the SelectUSA Investment Summit 2025 from May 11 to 14, aiming to expand cooperation and explore a wealth of investment opportunities in the US.

The total area dedicated to growing flowers and ornamental plants has reached nearly 45,000 ha, an eightfold increase compared to the year 2000.

Vietnam’s economy continued to show resilience and dynamism in the first four months of 2025, maintaining its position among the world’s fastest-growing economies, despite global uncertainties.

Prime Minister Pham Minh Chinh has laid stress on penning breakthrough and exceptional policies for an international financial centre to attract investors.

Vietnam Electricity (EVN) has announced that the average retail electricity price will be increased by 4.8% starting from May 10, marking the fourth hike since early 2023.

In the first four months of this year, Vietnam spent approximately USD5.6 billion on imports from the US, marking a 25.8 percent increase year-on-year.

Vietnam’s pepper exports in early 2025 saw a significant rise in value despite a drop in volume, thanks to sharp increases in export prices.

Prime Minister Pham Minh Chinh has asked ministries and local authorities to enhance efforts to ensure production and exports of agro-forestry-fishery products amid mounting global trade uncertainty.

The Ministry of Agriculture and Environment has issued an urgent directive in response to a sharp decline in durian exports to China during the first months of this year.

Police in Bac Giang Province have uncovered a large-scale counterfeit cosmetics operation, with products widely distributed through major e-commerce platforms such as Shopee and TikTok.

A Vietnamese delegation will take part in the 2025 SelectUSA Investment Summit, scheduled for May 11-14 in Maryland, the US.

Vietnam’s hotel industry is showing strong signs of recovery, buoyed by a resurgence in international tourist arrivals.

Dozens of Asia-bound and Europe-bound flights have been cancelled or diverted as Pakistan and northwestern India temporarily closed their airspace amid escalating tensions between the two nations.