Business

Nam Long ADC chairman: Everyone deserves an affordable place to call home

Steven Chu, chairman of Nam Long ADC, reaffirmed the company’s mission to make quality housing accessible to urban residents, calling it both a social responsibility and a sustainable business model.

Vietnam trade momentum nears USD 500 billion despite global challenges

Vietnam’s foreign trade continued to show strong momentum in the first half of July, with electronics, apparel, and machinery exports driving growth despite global headwinds.

Experts urge stronger tech use in ESG at high council meeting

Experts called for wider application of AI and digital technologies to support ESG implementation in Vietnam at a meeting of the Vietnam ESG Forum 2025 High Council held on July 24.

Vietnam remains Singapore’s third-largest rice supplier despite price drop

In the first half of 2025, Singapore imported rice products worth SGD 60.9 million (USD over 47.7 million) from Vietnam, accounting for 24.5 per cent of the country’s total rice imports.

Vietnam's durian exports rebound

Vietnam's durian exports have shown a robust recovery and impressive growth in key markets including China, Thailand, and Cambodia.

Vietnam's fruit and vegetable exports top USD 3.8 billion in seven months

Vietnam’s fruit and vegetable exports reached over USD 3.8 billion in the first seven months of 2025, showing a strong rebound after a sharp early-year slump, according to official estimates.

UOB raises Vietnam’s GDP growth forecast to 6.9 per cent this year

Singapore’s United Overseas Bank has raised its 2025 growth forecast for Vietnam to 6.9 per cent, up from 6.0 per cent, following stronger than expected second quarter data.

ADB cuts growth forecast for Asia, warns of rising trade risks

The Asian Development Bank has lowered its 2025 and 2026 growth outlooks for Asia and the Pacific, citing weaker exports, trade tensions, and slowing domestic demand.

MoF proposes 20 per cent tax on capital gains from securities transfers

The Ministry of Finance has proposed a change to the personal income tax regime applied to capital gains from securities transactions, shifting from the flat-rate method to taxing actual profits.

Vietnam’s digital asset market attracts major players

Domestic securities firms, investment funds, and prominent technology companies are actively positioning themselves to tap into the country’s growing digital asset and cryptocurrency market.

Finance ministry proposes new real estate sales tax

In the latest draft of the revised Personal Income Tax Law, the Ministry of Finance has proposed a new framework for taxing real estate transfers made by resident individuals.

Costco retail stores first sell Vietnamese lychees in United States

For the first time ever, Vietnamese lychees have officially hit the shelves of Costco, the largest retail chain in the United States, with 635 stores across the United States and Canada.

Vietnam targets USD 8 billion in fruit and vegetable exports by 2025

Vietnam’s fruit and vegetable exports are rebounding, reaching over USD 3.83 billion in the first seven months of 2025 after a sharp early-year decline.

Hanoi plans to launch technology exchange in early 2026

Hanoi plans to launch a technology exchange in early 2026 as part of efforts to promote innovation, R&D commercialisation and accelerate the city’s transition towards a knowledged–based economy.

US promotes agricultural products to Vietnamese consumers

The “US Agricultural Discovery” programme, co-hosted by the US Department of Agriculture and the US Consulate General in Ho Chi Minh City, kicked off in the southern hub on July 19.

US cherries hit record-low prices in Vietnam as China tightens imports

US cherries are being sold in Vietnam at record-low prices after China imposed tighter import restrictions, with some supermarkets offering prices as low as VND 189,000 (USD 7.42) per kilo.

China overtakes US as Vietnam's top seafood importer

China has surpassed the United States to become Vietnam's largest seafood importer for the first time in the first half of 2025.

HCM City apartment prices hit record highs, raising affordability alarm

Apartment prices in central HCM City have hit a record VND 600 million (USD 23,500) per sq.m, raising concerns over affordability and income disparity.

PM seeks FTSE Russell’s help to upgrade stock market status

FTSE Russell’s Global Head of Equity and Multi Asset Gerald Toledano praised Vietnam’s reform momentum, noting that its stock market has surpassed those of Thailand and Singapore.

HCM City receives over USD 5.23 billion in remittances in H1

Remittances to Ho Chi Minh City reached USD 5.23 billion in the first six months of 2025, a slight increase compared to the same period last year, according to the State Bank of Vietnam.

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