Business

In the first quarter of 2025, bilateral trade between Vietnam and China reached 51.2 billion USD, up 17.5% year-on-year, with expectations for continued growth throughout the year.

Experts explored the root causes behind both the successes and failures of Vietnam’s bank restructuring efforts, while proposing practical measures to enhance their effectiveness going forward.

Vietnam continues to benefit from its golden demographic structure with some 500,000 people joining the labour force every year.

Vietnam’s automobile market shifted into high gear in March, with members of the Vietnam Automobile Manufacturers’ Association reporting robust sales of 31,750 units.

Vietnam earned nearly US$103 billion in export revenue in the first quarter of the year, an increase of 10.6 per cent year-on-year.

Deputy Prime Minister Ho Duc Phoc met with US Treasury Secretary Scott Bessent, who has been appointed as the lead US negotiator for trade talks with Vietnam, in Washington D.C. on April 10.

Vietnam’s stock market made an impressive recovery on Thursday, with the VN-Index surging by over 74 points as news of a 90-day delay in US tariff measures significantly boosted investor sentiment.

​T​he Ministry of Finance and Ministry of Industry and Trade announced a significant cut in retail fuel prices, effective from 3​ pm on ​Thursday.

Vietjet and AV AirFinance have signed a financing agreement worth USD300 million in the US, witnessed by Vietnamese Deputy Prime Minister Ho Duc Phoc.

Amidst global economic and political turbulence, Vietnam’s economy showed impressive resilience in the first quarter, with a key highlight being foreign direct investment attraction and disbursement.

The US has agreed to begin negotiations on a reciprocal trade agreement with Vietnam, as proposed by Vietnamese Deputy PM Ho Duc Phoc at a meeting with US Trade Representative Jamieson Greer.

The Vietnam Oil and Gas Group (Petrovietnam) has announced its transformation into the Vietnam National Industry - Energy Group with the same abbreviated English name of Petrovietnam.

The project stems from active collaboration between the Vietnamese Government, ministries, agencies and Binh Duong authorities to attract hi-tech and green-focused foreign investment.

Ho Chi Minh City was advised to proactively develop growth scenarios and ready response plans in anticipation of varying outcomes from ongoing tariff negotiations between Vietnam and the US.

Economies in developing Asia and the Pacific are projected to grow 4.9 percent this year, down from 5.0 percent last year, according to the latest forecast by the Asian Development Bank (ADB).

Economists underlined the need for Vietnamese Government and businesses to apply measures to adapt to the new tariff policy of the US to maintain growth.

The Ministry of Agriculture and Environment is drawing up contingency plans if efforts to negotiate a tariff reduction with the US fall through, Minister Do Duc Duy has said.

Vietnam’s stock market endured another steep decline on Tuesday, with the VN-Index plunging nearly 80 points to fall below the 1,140-point mark.

The Ministry of Construction has proposed a VND7.66 trillion (USD297 million) to expand a section of the Noi Bai-Lao Cai Expressway.