business news

Update news business news

Vietnam expands forestry and fisheries loan package to $4 billion

The State Bank of Vietnam increases the preferential loan program to support agriculture, forestry, and fisheries to nearly $4 billion.

Government proposes flexible pay for SOEs to match private sector

A proposal to allow state-owned enterprises (SOEs) to adopt a flexible, market-driven salary system similar to the private sector has been put forward at a recent conference on digital transformation leadership in state-run businesses.

Newly merged Can Tho super city poised to transform Mekong Delta

Can Tho, Hau Giang, and Soc Trang are set to merge into a new ‘super city’ in Vietnam’s Mekong Delta. So, what is the economic scale of these three provinces before the merger?

Vietnam outlines legal retaliation plans for trade defense cases

New decree mandates response strategies, including lawsuits and countermeasures, when Vietnamese firms face foreign trade defense actions.

Mobile Money pilot in Vietnam extended through 2025

The Vietnamese government has approved an extension of the Mobile Money pilot program, which allows payments for small-value goods and services through mobile telecom accounts, until December 31, 2025.

Vietnam expands official agricultural exports to China with four new products

Vietnam has officially signed export protocols with China for four additional agricultural products: chili, passion fruit, bird’s nest, and rice bran, expanding its presence in one of its largest export markets.

What will Vietnam’s new Ninh Binh province inherit from its parts?

With Ha Nam, Ninh Binh, and Nam Dinh poised to become one, their economic profiles reveal both potential and disparity.

Rising costs force price hikes, shake Vietnam’s food industry

From pho stalls to major chains, vendors navigate shrinking margins and wary consumers.

HCM City responds to US tariffs as export value surpasses USD 7 billion

Economists have presented several growth scenarios for Ho Chi Minh City in light of the United States’ new 46% countervailing duty on imported goods from Vietnam. Chairman Nguyen Van Duoc also shared his perspective on this latest development.

Public Security Ministry investigates solar projects in Ha Tinh, Quang Binh

To support an ongoing investigation, the Ministry of Public Security has requested the People's Committees of Ha Tinh and Quang Binh provinces to provide detailed information and documents related to solar power projects in their respective areas.

Vietnam’s banana exports surge past durians to claim second spot

A fruit labeled a “superfood” overtakes the once-dominant durian in Vietnam’s $7 billion sector.

Hanoi crowds line up for gold as prices hit record highs

Despite being limited to purchasing just one chi (3.75 grams) of gold per day, hundreds of Hanoi residents have been patiently lining up outside Bao Tin Minh Chau jewelry store to buy gold as prices continue to surge.

HCM City seaport master plan approved with $3B investment

The plan includes new transshipment hubs and 94 wharves, aiming to process over 250 million tons of cargo by 2030.

Vietnam rebrands Petrovietnam to underscore its national energy role

Vietnam renames national oil group, expanding its role in clean energy and services.

Vietnam buys 7,500 new motorbikes daily in Q1 2025

Vietnam sees 673,055 motorbikes sold in Q1 2025, averaging 7,500 per day.

Authorities uncover massive counterfeit milk powder network in Vietnam

A criminal network behind nearly 600 counterfeit nutritional products, including formulas for infants and diabetics, has been dismantled in Hanoi.

US buyers rush for Vietnam’s pepper as tariff delay boosts demand

With just 90 days to export freely, Vietnamese firms scramble to fulfill orders

Vietnam’s March car sales jump 47%, imports surpass domestic models

The Vietnamese car market hit a quarterly high in March 2025, fueled by surging imports.

Hanoi condo prices cool after long surge

Real estate cools in Hanoi with fewer sales, smaller price gains, and rising caution.

Gold hits rare milestone with prices up 50% in a year

Compared to just over a year ago, gold prices have soared by more than 50%, a rise experts call a rare event in market history. As gold repeatedly sets new records, financial specialists caution that buyers could be stepping in at peak levels.