Business

Vietnam Electricity (EVN) has announced that the average retail electricity price will be increased by 4.8% starting from May 10, marking the fourth hike since early 2023.

In the first four months of this year, Vietnam spent approximately USD5.6 billion on imports from the US, marking a 25.8 percent increase year-on-year.

Vietnam’s pepper exports in early 2025 saw a significant rise in value despite a drop in volume, thanks to sharp increases in export prices.

Prime Minister Pham Minh Chinh has asked ministries and local authorities to enhance efforts to ensure production and exports of agro-forestry-fishery products amid mounting global trade uncertainty.

The Ministry of Agriculture and Environment has issued an urgent directive in response to a sharp decline in durian exports to China during the first months of this year.

Police in Bac Giang Province have uncovered a large-scale counterfeit cosmetics operation, with products widely distributed through major e-commerce platforms such as Shopee and TikTok.

A Vietnamese delegation will take part in the 2025 SelectUSA Investment Summit, scheduled for May 11-14 in Maryland, the US.

Vietnam’s hotel industry is showing strong signs of recovery, buoyed by a resurgence in international tourist arrivals.

Dozens of Asia-bound and Europe-bound flights have been cancelled or diverted as Pakistan and northwestern India temporarily closed their airspace amid escalating tensions between the two nations.

Fuel prices in Vietnam continued their downward trend, with petrol and oil prices falling by VND380–660 per litre from 3 pm today.

Vietnam’s stock market is on the brink of a significant transformation, with expectations mounting for an upgrade to emerging market status by September.

Vietnamese firms invested a total of 309.3 million USD abroad in the first four months of 2025, nearly tripling the figure from the same period last year, according to the National Statistics Office.

The first months of 2025 have seen increases in both new business registrations and firms returning to the market, Deputy Finance Minister Tran Quoc Phuong has said.

Digitalisation can be a powerful tool to help reduce persistent economic inequality in Asia and the Pacific, according to a new report by the Asian Development Bank.

Durian prices have dropped sharply in the Mekong Delta region, leaving many farmers struggling to find buyers and resorting to selling their fruit on roadsides.

Vietnam recorded US$13.82 billion in foreign direct investment as of April 30, representing a year-on-year rise of 39.9%, according to the Foreign Investment Agency under the Ministry of Finance.

A wave of staff cuts and streamlining continued at many Vietnamese big banks in the first quarter of this year.

The Ministry of Finance is considering introducing a tax rate of 20 per cent on gains from real estate transactions, as part of its review into personal income tax reforms.

The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable future, Asian Development Bank (ADB) President Masato Kanda has said.