The Ministry of Information and Communications (MIC) is drafting a circular naming a list of telecom service providers with the dominant market position for State-managed telecommunications services.

Despite motorcycle sales continuing to decline in the first quarter of the year, the nation remains the second largest motorcycle market in all of Southeast Asia and the fourth worldwide.

More than 30% of Vietnamese consumers are interested in purchasing electric vehicles (EVs), according to a recent Deloitte’s global automotive consumer study.

Little progress has been reported for most gas-fired power projects. Minister of Industry and Trade Nguyen Hong Dien has asked for measures to speed up project implementation.

Vietnam's fruit and vegetable exports are flourishing, with an annual 28.1% increase in value to 2.59 billion USD recorded in the first five months of this year.

Numerous businesses are revisiting the idea of issuing shares to the public for their initial public offering (IPO), which presents fresh investment prospects but also carries considerable risks.

Experts believe that use of LNG (liquefied natural gas) will continue, but Vietnam still doesn’t have a legal framework on LNG import and business.

Capital flows into Asia, particularly Vietnam, are driven by substantial infrastructure needs and the demand for green financing.

The sluggish property market is expected to benefit from a surge in foreign direct investment and amendments to the Land Law, experts told a forum in HCM City on Wednesday.

Hanoi attracted US$1.12 billion in foreign direct investment in the first five months of 2024.

Since 2017, many solar power and wind power projects have been implemented in Vietnam, marking the country as a bright spot on the world's renewable energy map.

The State Bank of Vietnam (SBV) has announced that it will sell gold bars directly to four state-run commercial banks that will then retail the metal to the public, starting from June 3.

Due to intense heat waves, the electricity consumption across the country reached a new record of 1.001.9 billion kWh on May 28, surpassing the 1 billion kWh mark for the first time in history.

Digital and green transformation determined as strategic choices

Vietnamese coffee exports to the Spanish market reached approximately 55,380 tonnes in the first four months of this year, worth US$193.1 million, an increase of 53.7% in volume and 136.6% in value compared to the same period last year.

Vietnamese authorities will crack down on tax evasion by implementing strict measures to ensure individuals and businesses fulfill their tax payment obligations.

An upward trend has been recorded in Chinese recent investments in Vietnam, which is hoped to help fuel the industries the country has demand for such as high technology, renewables, supporting industries, electronics, and green finance.

At the end of last year, there were 182 million personal payment accounts in Vietnam, with just over 87 per cent of adults owning payment accounts.

Giant litchis, a specialty of Hung Yen province, are selling well though they are much more expensive than other litchis.

After record profits and strong growth in 2023, the industry’s momentum faced limitations in 2024 due to rising raw material costs and increased market competition.