The turnover accounts for 13.1 per cent of Vietnam’s total import-export turnover last year.

The Politburo has given the green light for a project to develop a regional financial centre in Da Nang and assigned relevant agencies to develop a special policy framework.

Vietnam is currently ranked 51st globally in terms of start-up funding, ahead of Iceland and Luxembourg.

In 2024, the Red River Delta contributed four localities to the top five provinces attracting the largest FDI nationwide.

Vietnam’s economic system still faces institutional bottlenecks that limit private investment and productivity. Dr. Nguyen Dinh Cung argues that it’s time to break free from restrictive regulations and adopt a bolder approach to reform.

The Vietnamese government welcomes private sector involvement in national megaprojects, with Thaco and Hoa Phat taking the lead in rail manufacturing.

The Lao Cai - Hanoi - Hai Phong railway will transform transportation, boost trade, and provide thousands of jobs across Vietnam.

Despite a shaky start, Vietnam's VN-Index rebounded as investors assessed the impact of Trump's aggressive trade policies and domestic economic growth prospects.

The Ministry of Industry and Trade is implementing a new regulation mandating major fuel businesses to digitally connect their inventory, distribution, and trading data with its central system.

The Prime Minister has urged businesses to propose and participate in large-scale infrastructure and technological projects, emphasizing transparency and innovation.

In 2024, agricultural exports brought record high revenue of $62.5 billion. However, Minister of Agriculture Le Minh Hoan believes value could increase tenfold without an increase in output with new agricutural methods.

Long Thanh International Airport is a key national project with strategic significance for Vietnam’s economic development.

In terms of product type, latex rubber dominated exports to Malaysia, making up 76.5 per cent of the total rubber exports to this market in 2024.

Vietnam’s index of industrial production (IIP) in January fell 9.2% against the previous month and inched up 0.6% year-on-year, according to the General Statistics Office (GSO).

As of January 22, Tay Ninh province housed 394 foreign invested projects worth more than 10.2 billion USD in value.

Provinces in the central region of Vietnam witnessed impressive growth rates in 2024, creating a strong development impetus for 2025.

The stock market is facing an opportunity for a breakthrough but also encounters significant challenges from sectoral divergence and selling pressure from foreign investors.

These funds are readily available in investor accounts, but remained undeployed as of the year-end.

This move is expected to inject new dynamism into the market, fostering a more robust investment environment and potentially attracting more foreign capital inflows.

In January, Vietnam’s export to the US reached 9.8 billion USD, while import stood at 1.3 billion USD, resulting in a trade surplus of 8.5 billion USD.