Business

HCM City draws over USD 5.3 billion into industrial parks in 2025

HCM City attracted more than USD 5.3 billion in new and additional investment into its export processing and industrial zones in 2025, exceeding the annual target by 17.5 per cent, authorities said.

US delays higher wood tariffs, easing pressure on Vietnamese exporters

The United States has postponed planned increases in tariffs on wood products, offering temporary relief to Vietnamese exporters amid ongoing trade negotiations.

Toyota Vietnam appoints first Vietnamese chairman

Toyota Motor Vietnam (TMV) has announced changes to its senior leadership effective from January 2026, marking the first time the company has appointed a Vietnamese national as chairman.

Automobile sector enters new competition phase

Vietnam's automobile sector underwent a key shift in 2025, with recovering consumer spending, robust electric vehicle (EV) demand and surging imports, especially from China, reshaping the industry.

Vietnam ranks among top performers in WB’s Business Ready 2025 report

Vietnam achieved a top-tier global ranking in operational efficiency, placing 16th among 101 economies with a score of 70.44 points in the World Bank's Business Ready 2025 report.

Vietnam targets double-digit growth in 2026 with massive investment push

The National Assembly has targeted 10 per cent GDP growth for 2026, a goal that demands enormous capital inflows.

Banking reform to be accelerated to support national double-digit growth

Prime Minister Pham Minh Chinh has requested more breakthroughs in banking reform and policy implementation to drive the country's double digit economic growth.

Vietnam's retail market hits USD 269 bln as e-commerce booms: report

Modern retail infrastructure in Vietnam grew substantially, reaching 1,293 supermarkets and 276 shopping malls nationwide, complemented by 8,274 traditional markets.

Vietnam tightens rules on gold, foreign currency trading with new penalties

The Government has issued Decree No. 340/2025/ND-CP on administrative penalties in the monetary and banking sector, set to take effect on February 9, 2026.

Remittances to Ho Chi Minh City expected to hit USD 10.5 billion in 2025

Remittances sent to Ho Chi Minh City are projected to reach USD 10.5 billion in 2025, marking a 10.5 per cent increase compared with 2024, according to the State Bank of Vietnam.

Vietnam’s seafood exports gain momentum in Singapore

The year 2025 marked a significant breakthrough for Vietnamese seafood exports, reflecting Singapore’s growing demand for Vietnam’s seafood products.

Experts discuss measures to escape processing trap

According to economists and industry insiders, the majority of domestic enterprises remain positioned at the bottom of the value curve.

Hanoi leads 2025 Vietnam eBusiness Index

Hanoi tops the 2025 Vietnam eBusiness Index (EBI) with 74.7 points, followed by Ho Chi Minh City with 73.5 points.

Hanoi craft villages bustle as Lunar New Year approaches

As the Lunar New Year (Tet) approaches, traditional craft villages across Hanoi are entering their busiest production season.

Southern housing market gains momentum on infrastructure push

The southern housing market is showing clear signs of recovery as macroeconomic conditions stabilise and a series of major infrastructure projects progress rapidly.

Auto industry strategy targets sustainable growth through 2045

Vietnam is drafting a long-term strategy to develop its automobile industry through 2030, with a vision to 2045, positioning the sector as a key driver of industrialisation and green growth.

Textile, garment industry secures role in global supply chain

The flexibility of the business community has enabled the textile and garment sector to strengthen its position in the global supply chain, with products exported to 138 countries and territories.

Large room for Vietnam to achieve two-digit economic growth: experts

Vietnam has strong potential to pursue two-digit economic growth in the 2026-2030 period if it accelerates structural reforms and renews its growth model, economists say.

More than 2,600 workers lose jobs as factory shuts in Ho Chi Minh City

More than 2,600 workers in Ho Chi Minh City will lose their jobs after a South Korean garment manufacturer announced it will close its local factory due to prolonged order shortages.