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Japanese firms expand in Vietnam with government support

In a strategic move to fortify its industrial foothold in Southeast Asia, the Japanese government has earmarked subsidies for Tokuyama Corporation's new manufacturing venture in Vietnam, according to Nikkei.

China buys more produce, but reduces volume of rice, pepper imports

China is a top export market for Vietnam’s farm produce, with $7.04 billion worth of produce exported in the first seven months of 2024, an increase of 11.3 percent over the same period last year.

$200m foreign investment planned for Can Tho’s largest industrial park

It is expected that in the first quarter of 2025, VSIP will sign land lease contracts with the customers and complete investment procedures.

Top 100 private firms contribute US$6.9 billion in taxes in 2023

The tax contributions from the trio Vingroup, Thaco and Hoà Phát Group alone make up more than a third of the total contributions on the list.

HoSE-listed firms required to use single disclosure point

The new system for information disclosure about firms listing on the stock exchange, became active on August 15.

Ministry's new petroleum pricing scheme is still confusing

Experts say the new petroleum pricing scheme created by the Ministry of Industry and Trade (MOIT) is just like the old one and does not solve existing problems.

Car sales volume suffer from traditional beliefs and policy uncertainties

The current state of the local car market is being significantly affected by a mix of traditional beliefs and policy uncertainties, according to experts.

Pepper is on track to return to the group of billion-dollar export items

The Vietnam Pepper and Spice Association (VPSA) forecasts that pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.

Durian export value set to reach US$3.5 billion this year

Given favourable conditions, agricultural experts predict that durian exports will grow in the remaining months of the year, potentially pushing the total value to US$3.5 billion by the year’s end.

Economists urge new legal framework for green economy

Economist Dr Vo Tri Thanh says that greenization is a revolutionary trend that will change business models, lifestyles, investments and legal frameworks.

VND15,000 tax increase proposed on cigarette packages

An increase of VND15,000 tax per cigarette package is expected to reduce the number of smokers by 696,000 by 2030 compared with 2020, and would add VND29.3 trillion per annum to the state budget, experts have said.

Foreign giants dominate Vietnam's $33 billion livestock industry

In a significant turn of events for 2023, Vietnam's lucrative livestock industry, worth an estimated $33 billion, has seen a dominant takeover by foreign corporations.

M&A market waiting for big deals

After a booming period, foreign investment flows into Vietnam via mergers and acquisitions (M&A) have slowed down over the past few years, and the market is still waiting for big deals.

Shopee and TikTok Shop dominate e-commerce market

The Gross Merchandise Volume (GMV) on the four largest platforms, Shopee, TikTok Shop, Lazada and Tiki, reached VNĐ87.37 trillion (US$3.6 billion) in the second quarter of this year.

UKVFTA opens doors for Vietnamese tuna exports to UK market

Vietnamese tuna is enjoying advantages in the UK market thanks to tariff incentives from the UK-Vietnam Free Trade Agreement (UKVFTA).

Real estate inventories remain high

More than 17,100 apartments and land plots of real estate projects across the country remain on the market in the second quarter of this year, with land plots and houses doubling that of apartments.

Vietnam turns into chip sector magnet with talent pool: Nikkei Asia

According to the Nikkei Asia, the availability of tech workers in a time of shortage could help Vietnam achieve one of its long-held dreams: moving up the tech value chain.

Key stakeholders in Vietnam’s State-owned banks unveiled

In compliance with Vietnam's Credit Institutions Law, which took effect on July 1st, State-owned banks are beginning to disclose the identities of major shareholders holding 1% or more of their charter capital.

EU initiates anti-dumping probe into hot-rolled steel from Vietnam

The European Commission (EC) has recently issued a notice aimed at initiating an anti-dumping investigation into a number of hot-rolled steel products imported from Egypt, India, Japan, and Vietnam.

Export growth of about 6% set for next year

The Ministry of Industry and Trade (MoIT) is set to increase export turnover by roughly 6%, and maintain a trade surplus of about US$15 billion next year.