Business

Vietnam to launch KRX trading system on May 5

Vietnam’s long-anticipated KRX trading system is finally set to go live on May 5, marking a breakthrough in market infrastructure and a major step toward modernising the stock exchange operations.

Stavian Group and Shinec Group forge strategic partnership

Stavian Group and Shinec Group have entered into a strategic partnership to co-develop industrial real estate projects nationwide.

US’s ‘reciprocal tariff’ on Vietnam lacks solid grounds: finance ministry

A recent report from the Office of the US Trade Representative shows that most US goods imported into Vietnam are subject to an import tax rate of 15 per cent or lower.

Fuel prices increase for the third consecutive time

Fuel prices in Vietnam have risen for the third consecutive adjustment in the April 3 pricing review by the Ministry of Finance and the Ministry of Industry and Trade.

Deputy PM Ho Duc Phoc to visit the US

Deputy Prime Minister Ho Duc Phoc is set to visit the United States and Cuba from April 6 to April 14.

Vietnam’s seafood exports surge to 2.45 billion USD in Q1

Vietnam’s seafood exports staged a remarkable recovery in the first quarter, reaching a total value of 2.45 billion USD, up 26% year-on-year.

Provisional anti-dumping duties on coated steel from China and South Korea

The Ministry of Industry and Trade has issued provisional anti-dumping duties on certain coated steel products originating from China and South Korea.

Vietnam has five on Forbes’ global billionaire list

Vietnam currently has only five billionaires on Forbes’ global billionaire list, according to the US magazine.

Northern Europe is potential market for Vietnamese organic products

Northern Europe is emerging as one of the world’s leading regions in organic product consumption, presenting a significant opportunity for Vietnamese enterprises.

Central bank required to consider proposals on Basel III application

Prime Minister Pham Minh Chinh has directed the State Bank of Vietnam (SBV) to consider commercial banks’ proposals on implementing Basel III international banking standards.

Retail stocks see promising outlook this year

Vietnam’s retail sector is on track for strong growth, presenting compelling investment opportunities as domestic consumption continues to rise.

Proposed VAT reduction expected to boost consumption, businesses' growth

The Ministry of Finance has proposed a 2% reduction in value-added tax, expanding eligibility to include fuel, petroleum, and certain technology products and services.

Vietnam strengthens position as attractive destination for FDI capital

A slew of policies has been put in place to attract foreign direct investment capital, which is seen as an important driver for Vietnam’s high economic growth targets in 2025 and the subsequent years.

Vietnam’s garment-textile industry stitching a greener, smarter future

Vietnam, the world’s second largest garment-textile exporter, is betting on green fabric to cement its place in the global supply chain.

PM urges completion of North-South expressway by year-end

Prime Minister Pham Minh Chinh has requested the completion of the North-South expressway from the northern mountainous province of Cao Bang to the southernmost province of Ca Mau by this year’s end.

Vietnam, Brazil set sights on US$15 billion trade target by 2035

President Lula da Silva and PM Pham Minh Chinh pledged to create favorable conditions for bilateral trade to reach US$15 billion by 2035 during the Brazil-Vietnam Economic Forum in Hanoi on March 29.

EU deforestation rules pose challenges for rubber production in Vietnam

Vietnam and Cambodia share a strong partnership in natural rubber trade and investment, according to participants at a seminar held in Phnom Penh.

Vietnamese auto market sees clear transition to EVs

The trend of transitioning to electric vehicles in Vietnam is becoming increasingly evident, with a clear focus on sustainability, cost savings and enhanced user experience.

Finance ministry proposes bringing down imports tariffs on essential goods

The Ministry of Finance has submitted a proposal to the Government regarding tax policies to enhance Vietnam’s trade competitiveness and align its tariff structure with global economic shifts.