Business

Vietnam’s Consumer Price Index (CPI) is estimated to have increased by 3.2 - 3.3 per cent in the first seven months of 2025 compared to the same period last year.

The central bank called on credit organisations to cut costs and profits to lower lending rates further, supporting households and firms.

The US's new 20 per cent reciprocal tariff on Vietnamese imports, down from 46 per cent, will not derail investment flows into Vietnam.

Hanoi police have confiscated thousands of suspected counterfeit luxury items from two shops in My Dinh.

Prime Minister Pham Minh Chinh chaired the committee’s second meeting in Hanoi on August 4 to assess progress made since its first session and discuss ways to further advance the sector.

HCM City recorded more than VND 22 trillion (USD 865 million) in tourism revenue in July, a surge of 45 per cent year-on-year, the city’s Department of Tourism reported.

PM Pham Minh Chinh who heads the Steering Committee for Vietnam’s International Financial Centre (IFC), has signed a decision to establish IFC in HCM City and Danang by the end of 2025.

The EU–Vietnam Free Trade Agreement (EVFTA) has produced strong results just five years after coming into force, driving bilateral trade to nearly USD 300 billion.

In addition to the removal of restrictions on real estate investment, this law also allows SOEs to purchase securities in accordance with securities law.

The US Government has lowered reciprocal tariffs on Vietnamese imports to 20 per cent from 46 per cent, the Vietnamese Ministry of Industry and Trade (MoIT) reported on August 1.

Gia Lai Province’s Department of Industry and Trade has announced that it would soon begin reviewing licence applications for wind power projects located in the region.

The information-technology, pharmaceutical, banking, and high-tech sectors will remain the main engines of office demand in HCM City, experts said.

The reciprocal tariff rate announced by the US for Vietnam and other countries on August 1 will be a major factor affecting the USD/VND exchange rate in the short term, experts forecast.

Trade Counselor Bui Trung Thuong recently attended the Asia-Africa Global Investment Summit 2025 in New Delhi to promote Vietnam’s engagement in the promising markets of Africa and Asia.

The banking sector has been shifting its focus toward start-ups, reflecting a broader regulatory and institutional alignment with private sector innovation.

Petrolimex will initially offer E10 at 36 retail outlets across HCM City, while PVOIL will pilot the product at six sites, four in Hanoi and two in Haiphong City.

Ho Chi Minh City’s real estate market is showing early signs of recovery, with new supply prospects boosted by streamlined legal procedures and lower bank lending rates.

Vietnam has risen to become the second largest exporter of smartphones to the US, trailing only behind India, according to global technology vendor Canalys.

Vietnamese consumers are estimated to spend roughly VND 1.23 trillion (USD 46.98 million) on online shopping every day, up 25 per cent from last year.