Currently, 80% of Vietnamese adults have bank accounts and more than 95% of banking transactions are handled digitally.

Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of 26.77 trillion VND (1.053 billion USD) on high electricity production costs, according to its audited financial report.

Franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector.

Banks lent more than 480 trillion VND (18.88 billion USD) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6% to the end of Q2.

Export revenue of the leather, footwear and handbag sector is predicted to hit 26-27 billion USD in 2024 on the basis of the positive results seen so far, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

Authorities have continuously warned Vietnamese businesses to stay prudent when trading with foreign partners in the face of a recent scam increase.

Most of China's top 10 automobile manufacturers in Vietnam have ambitious business strategies.

Two decades after equitization, FPT is now the largest private Vietnamese economic group, big technology exporter and partner with the world’s largest tech giants in the country.

Although the Ministry of Finance (MOF) has proposed cutting the vehicle registration tax by 50 percent, it is worried about the implementation of international commitments.

A quiet giant has emerged in the spice industry, providing chili sauce and spices to large food brands in Vietnam, such as Pizza Hut, Popeyes, Domino's and Jollibee.

The good performance of the national economy in the second quarter has dispelled concerns of securities investors, who are optimistic about the stock market in July and the second half of 2024.

Risks still exist which may affect the stock market, but cash flow is still heading for stocks despite foreign investors’ strong sales because other non-stock investment channels remain less attractive.

Indonesia, the second largest rice export market for Vietnam, may stop bidding to buy Vietnam’s rice as the importer needs time to clarify an internal embezzlement allegation.

Experts believe that if former US President Donald Trump returns to the White House, he will continue his policy in his first term to settle the US trade deficit, which may impact Vietnam.

The Ministry of Industry and Trade (MOIT) has been asked to work on a policy that would allow the owners of rooftop solar power systems to sell excess electricity to the national grid.

Vietnam’s labour market has undergone significant transformation due to technological advancements, the COVID-19 pandemic, and economic shifts, necessitating adaptation from both employees and recruiters to new trends.

Prime Minister Phạm Minh Chính has asked the State-owned enterprises (SOEs) to pilot the recruitment of foreign chief executive officers (CEOs) and those who are not members of the Communist Party of Việt Nam for managing positions.

The garment and textile industry expects to see robust growth in the second half of this year, with rising orders and improving consumption demand.

From 2015 to 2023, Ho Chi Minh City's real estate market experienced significant growth, with luxury apartments and land plots seeing the highest price increases.

Despite possessing substantial rare earth reserves, Vietnam's extraction and processing capabilities remain limited, falling short of serving the semiconductor and electric vehicle industries.