Business

Coca-Cola Vietnam’s factory in Ho Chi Minh City will cease operations on September 27 after a 30-year run, with the company granted 24 months to dismantle and clear the site.

Vietnam’s aquatic exports are set to hit USD 10 billion in 2025, but mounting trade barriers, especially in the US, are forcing exporters to diversify and move up the value chain.

Vietnam reduced retail fuel prices on September 25, with petrol down by up to VND 440 (approximately USD 0.02) per litre.

The United States has surpassed China for the first time to become Vietnam’s largest coconut importer, marking a turning point for the country’s coconut industry.

Vietnamese workers make up the largest proportion of foreigners living and working in the Republic of Korea (RoK)’s southeastern industrial belt.

HCM City is positioning the marine economy as a key growth engine, with port services and petrochemicals expected to underpin development through 2030 and beyond, officials said.

Prime Minister Pham Minh Chinh has issued a directive outlining key measures to boost exports and diversify foreign markets as the country is navigating complicated global trade dynamics.

Representatives of leading American corporations have reaffirmed their long-term commitment to strengthening cooperation and increasing investment in Vietnam.

A fixed two per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy.

Equity funds in Vietnam recorded their largest outflow in two years in August, according to data from FiinGroup.

Domestic electronic transfers worth over USD 18,900 or more, and international electronic transfers of USD 1,000 or above, will have to be reported to the State Bank of Vietnam.

Singapore’s United Overseas Bank (UOB) has lifted its 2025 GDP growth forecast for Vietnam to 7.5 per cent from 6.9 per cent.

State President Luong Cuong attended an aircraft handover ceremony between Boeing and Vietnamese carrier Vietjet at Boeing’s factory on September 21 (local time).

Computers, electronic products and components continued to dominate Vietnam’s trade in August, both in exports and imports, according to the Department of Customs under the Ministry of Finance.

Vietnam’s textile and garment industry has made its mark in Europe’s premium segment by joining Paris Première Vision 2025, an international fashion trade fair in France.

Fuel prices slightly rose in the latest adjustment from 3 pm today, September 18, following the decision by the ministries of Finance and Industry and Trade.

Apartment prices in Hanoi have tripled over the past decade, pushing home ownership further out of reach for many residents.

Prime Minister Pham Minh Chinh has instructed ministries to assess Vietnam’s tuna exports and take measures to ease obstacles.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has become the first bank in Vietnam to successfully issue USD 300 million in sustainable bonds on the international market.