business news

Update news business news

More flights, trains launched to serve transport on Tet holiday

All air carriers have announced they will increase transport capacity to satisfy travel demand during Tet holiday.

Vietnam's agricultural export faces challenges

Vietnam’s export of agricultural products will continue facing many challenges due to changes in countries, according to experts.

Da Nang strives to early pilot free trade zone model

By 2030, the Da Nang FTZ aims to contribute 1-2% directly to the city’s gross regional product (GRDP) and create approximately 21,000 jobs.

Da Nang announces four projects eligible for sale to foreigners

Da Nang’s Department of Construction has announced four commercial housing projects which can be sold to foreigners in the central city.

Wood exports poised to exceed target despite market challenges

Vietnam’s wood processing and export industry is on track to surpass its 2024 export target of 15.2 billion USD, navigating through complicated market developments with strategic adaptability.

Multiple auditors in Vietnam have been suspended by the securities council

The State Securities Council (SSC) has recently suspended many auditors belonging to independent auditing firms, including international auditing firms operating in Vietnam.

Vietnam’s businesses fumble for digital solutions to cut costs

During digital transformation, many businesses are confusing about technologies that seem complex and bring inconsistent experiences.

Apartment prices rise in HCMC, affordable housing found in neighboring provinces

The apartment shortage in HCM City explains why apartment prices keep rising. Affordable products can be found only in the suburbs or neighboring provinces.

Air carriers increase number of Tet flights, but airfares still soar

Vietnam Airlines has announced that it will provide 3,000 more domestic flights during the 2025 Tet holiday. Other air carriers will also increase their transport output.

VN spends more than $10 billion to import record volume of steel

October saw a record steel import volume at 2.41 million tonnes, worth $1.51 billion, representing increases by 55.9 per cent and 41.7 per cent, respectively against the previous month.

Vietnam’s real estate market among most promising in Asia-Pacific: Knight Frank

Vietnam’s residential property market has captured the attention of High-Net-Worth Individuals (HNWIs) and investors, driven by strong GDP growth, urbanisation, and its strategic role in the “China+1” strategy, according to Knight Frank’s report.

Vietnam's pepper exports surpass 1 billion USD in first 10 months

Vietnam exported 18,415 tonnes of pepper in October, valued at 120.6 million USD, the General Department of Customs has reported.

RoK Government holds roundtable with companies operating in Vietnam

Vietnam is the RoK’s third-largest trading partner, with 9,000 Korean companies currently operating in the country in industries including electronics, semiconductors, and textiles.

Rice exports top 8 million tonnes

According to the General Department of Customs, Vietnam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home 5.05 billion USD.

Top 10 reputable pharmaceutical, medical supply companies in 2024 announced

The Vietnam Report JSC announced the list of top 10 reputable companies in the pharmacy, medical supply and health care for 2024.

PM orders strengthened state management over e-commerce

Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.

LEGO Group seeking hundreds of workers to start operation at Binh Duong factory

LEGO Manufacturing Vietnam Co. Ltd. is seeking hundreds of workers for its 1.3-billion-USD factory in the southern province of Binh Duong which is expected to start operations in early 2025.

Mega high-speed rail project gathers momentum

The ruling Party and Government have stated their commitment to prioritising Vietnamese enterprises in the execution of the project.

VN’s food processing industry struggles to improve quality

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Huge potential for VN, UK to boost cooperation in clean energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.