Business

Vietnam's economy has continued to perform strongly in 2024, evidenced by the latest Asian Development Bank’s Asian Development Outlook, which highlights Vietnam’s impressive economic performance.

Coconut has been recognised as one of Vietnam's six key industrial crops (alongside coffee, rubber, tea, cashews, and pepper) under the Master Plan for Developing Key Industrial Crops by 2030.

Authorities in the central province of Danang have proposed that the free trade zone (FTZ) construction project encroach 300 hectares into the sea.

To building a green transport system, Vietnam will need nearly 14 billion USD to develop a network of charging stations, said insiders.

Nam Tra My District in the central province of Quang Nam has proposed constructing 15 more hydropower plant projects in the area.

Foreign direct investment (FDI) remains one of the most vital drivers of national economic growth, recording remarkable results in 2024.

Hundreds of people have flocked to take the Metro Line 1 service during its final trial operation, which started on December 13.

Hanoi’s authorities have granted approval for more than 1,200 apartments in two prominent residential projects, Lumi Hanoi and Heritage West Lake, to be sold to foreign buyers.

Standard Chartered highlighted Vietnam’s positive but cautious outlook ahead in 2025, forecasting GDP growth of 6.7% next year.

Hanoi Police have dismantled a criminal network engaged in fraudulent activities through illegal forex and stock trading platforms.

The Viettel Lang Son Logistics Park, the first of its kind in Vietnam, officially opened in Cao Loc district, the northern mountainous province of Lang Son, on December 11.

US policy changes under the incoming administration of President-elect Donald Trump are likely to affect the region’s longer-term outlook, according to a new report by the ADB.

The UNDP is willing to support Vietnam in conducting reforms to create an ecosystem to facilitate the transition to a greener circular and low-carbon economy, towards sustainable development.

Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses.

The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales.

A seminar on business connection between domestic and US-based Vietnamese entrepreneurs opened in Ho Chi Minh City on December 9.

South Korean stocks tumbled Monday as the country was racked with political uncertainty after President Yoon Suk Yeol escaped impeachment following his brief imposition of martial law last week.

Vietnam is making significant strides toward transforming its energy sector by fostering a competitive and sustainable market to meet the nation’s socio-economic development demands.

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.