Business

Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9% year-on-year, while bad debt has peaked and is expected to decrease next year.

Tan Son Nhat Airport in Vietnam's southern economic hub of HCM City has predicted a projected 16.2 million international passengers this year, a 14 percent increase from last year.

The Ministry of Industry and Trade (MoIT) has decided to impose anti-dumping duties on a number of wind tower products originating from China following a 15-month investigation.

Vietnam’s garment and textiles export is projected to hit 44 billion USD this year, becoming the world’s second biggest exporter, according to the Vietnam National Textile and Garment Group.

Six Vietnamese firms have been officially selected to send labourers to work in Australia in the agricultural sector under the Vietnam Labour Mobility Arrangement (VLMA).

The Central Committee of the Ho Chi Minh Communist Youth Union, the Vietnam Youth Federation and the Vietnam Young Entrepreneurs Association announced winners of the Vietnam Gold Star Award 2024.

The EU move was made after Vietnamese fruits failed to comply with the maximum residue limit (MRL) of pesticides.

Domestic factors, including the Government’s increasing spending on infrastructure, real estate market recovery, and consumption, will help Vietnam maintain its economic expansion at 6.5% in 2025.

Vietnam's aquatic exports reached 10 billion USD in 2024, driven by shrimp and pangasius, despite challenges related to markets, logistics, and raw materials.

PM Pham Minh Chinh has issued a dispatch asking for concerted efforts to promote economic development in 2025 with an aim for a gross domestic product (GDP) growth rate of at least 8% in the year.

The Japanese sushi chain Genki Sushi plans to expand to Vietnam in 2025, alongside its entry into the US, as part of a broader strategy targeting international markets.

The disbursement rate for public investment capital sourced from foreign loans allocated to ministries, sectors, and localities has only met about one third of the overall plan.

The southern island city of Phu Quoc, a major tourist destination in Vietnam, welcomed the first flights from Singapore of Scoot airline and a China Eastern Airlines flight from China’s Xi'an.

Passion fruit and pomelo will be the next two Vietnamese agricultural products to be exported to the US and Australia, according to the Import-Export Department.

The latest report from the US Department of Agriculture forecasts a significant increase in global coffee production for the 2024-25 crop, driven by recovery in Vietnam and Indonesia's output.

Oxford Economics forecasts that Vietnam's GDP will grow by 6.7% this year and 6.5% next year, driven by a stable manufacturing sector and a rapid recovery in domestic demand.

Retail fuel prices increased at 3 pm today, December 19, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.

The Ministry of Industry and Trade has proposed incentives to attract investments in renewable energy projects in a draft decree on implementing the Law on Electricity.

Vietnam’s export-import turnover is likely to reach a record high of US$782 billion this year, demonstrating the country’s steady recovery amid global fluctuations.