Business

Economies in developing Asia and the Pacific are projected to grow 4.9 percent this year, down from 5.0 percent last year, according to the latest forecast by the Asian Development Bank (ADB).

Economists underlined the need for Vietnamese Government and businesses to apply measures to adapt to the new tariff policy of the US to maintain growth.

The Ministry of Agriculture and Environment is drawing up contingency plans if efforts to negotiate a tariff reduction with the US fall through, Minister Do Duc Duy has said.

Vietnam’s stock market endured another steep decline on Tuesday, with the VN-Index plunging nearly 80 points to fall below the 1,140-point mark.

The Ministry of Construction has proposed a VND7.66 trillion (USD297 million) to expand a section of the Noi Bai-Lao Cai Expressway.

To tap into the growing Halal market, Vietnam must develop a Halal product ecosystem meeting quality and certification standards, according to experts.

Asian markets battled Tuesday to recover from the previous day's tariff-fuelled collapse.

Prime Minister Pham Minh Chinh chaired a meeting with ministries and sectors on late April 7 to discuss the development of balanced and sustainable trade with the US.

VCCI and AmCham have jointly proposed US President Donald Trump to temporarily suspend the imposition of reciprocal tariffs on Vietnamese exports.

According to experts, the State Bank of Vietnam should manage the rate flexibly, but not fix or anchor it because Vietnam's economy is deeply integrating towards becoming a market economy.

Panic selling gripped global markets on Monday, as US President Donald Trump refused to budge on his swingeing tariffs despite China retaliating and global recession warnings growing louder.

The Government has implemented numerous measures to keep market prices stable and inflation under control.

Vietnam’s GDP grew 6.93% in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office reported on April 6.

Vietnam has provided the World Trade Organisation (WTO)’s members with its updates on the application of rules of origin to its exports.

Thai exporters have long-term opportunities to ship a massive amount of locally-harvested organic rice to overseas markets due to increasing demands for healthy food products in the world.

Vietnam’s state budget revenue reached VND 98.4 trillion (3.81 billion USD) in the first quarter of 2025, achieving 24% of the assigned target and marking a 9.7% increase year-on-year.

Vietnam recorded US$10.98 billion in FDI during the first quarter of the year, representing a year-on-year rise of 34.7%, according to the Foreign Investment Agency under the Ministry of Finance.

HCM City is seeing a robust economic recovery, with its Gross Regional Domestic Product (GRDP) rising over 7.5 per cent year-on-year in the first quarter, marking the highest growth rate since 2020.

Minister of Industry and Trade Nguyen Hong Dien has requested US authorities delay the tariff imposition to allow for constructive dialogue to seek a reasonable solution for both sides.