business news

Update news business news

Vietnam nears FTSE upgrade with sweeping stock market reforms

New legal frameworks, foreign investor access improvements, and tech rollouts position Vietnam for emerging market status.

Vietnam’s pangasius industry looks inward after billion-dollar export success

Once focused solely on exports, the pangasius industry now aims to win over Vietnamese consumers to boost sustainability.

Vietnam eyes USD 800 billion trade turnover in 2025

With export growth surging 33.9% in eight months, Vietnam is on track to surpass USD 800 billion in trade and post a USD 14 billion surplus.

Vietnam raises foreign ownership cap for banks to 49% to attract investment

Decree 69 paves the way for increased foreign participation in banking, unlocking billion-dollar capital flows.

Electricity prices should be adjusted periodically: expert

Adjusting electricity prices only once a year causes suppressed costs to pile up, leading to a massive surge when released, with severe impact, Nguyen Tien Thoa, former director of the Price Management Department (Ministry of Finance), has said.

iPhone 16 prices plunge while iPhone 17 sparks price controversy

The release of the iPhone 17 drives major discounts on the iPhone 16 and ignites debate over inflated local pricing.

Vietnam taps global expertise to develop high-speed railway

Embarking on the North – South high-speed rail project, Vietnam is drawing on international practices and advanced technologies to ensure the success of the unprecedented project.

Stock market a key capital channel for national development: Experts

Vietnam’s stock market has emerged as a key driver of economic growth, serving as a channel for medium- and long-term capital mobilisation and a launchpad for businesses to enhance governance and financial transparency, said insiders.

Vietnam eyes EU as key destination for agro-forestry-fishery exports

The EU is among the world’s top three importers of farm produce, but VN holds only a 2% share-still modest compared to its agricultural production capacity and potential, which indicates vast growth potential in the EU if backed by a proper strategy.

Tool for wood traceability management debuts

The Vn-WoodID application has been officially launched, becoming a key tool contributing to wood traceability.

Experts call for phased shift of international flights to Long Thanh

Rather than instantly hosting all international flights, Long Thanh should first serve cargo to ease pressure on Tan Son Nhat.

Vietnam’s port giant proposes global maritime hub for Ho Chi Minh City

The proposal to establish a global maritime center in Ho Chi Minh City could unlock immense value from the port and shipping sector, while complementing the city’s planned international financial center.

Hanoi apartments remain out of reach for buyers with VND3 billion budget

Even with several billion dong in hand, real homebuyers are still struggling searching for apartments while Hanoi’s property market is peaking, with prices remaining high and showing no signs of cooling down.

Fish-sauce disputes highlight unclear laws on product authenticity

Agencies face challenges in handling disputes related to “traditional fish sauce” due to the lack of official legal definitions for “traditional fish sauce” and “modern fish sauce”.

Households installing solar rooftop systems without registration face penalties

The Vietnam Electricity Group (EVN) has proposed administrative fines for organizations and households installing rooftop solar for self-use without first notifying or registering with authorities.

Vietnam’s credit information centre breached, VNCERT confirms

Authorities are still working to determine the full extent of the compromised data, with the exact number of affected records continuing to be assessed and documented.

New regulations on management, use of ODA, concessional foreign loans

The Government has issued a decree on the management and use of official development assistance (ODA) and concessional foreign loans.

Flight calibration at Long Thanh Airport to begin on September 26

The Civil Aviation Authority of Vietnam (CAAV) will coordinate with relevant units to begin flight inspection and calibration at Long Thanh International Airport from September 26, CAAV Director Uong Viet Dung announced on September 12.

Hai Phong port looks to global trends with strategic development plan

International and domestic experts, policymakers and businesses convened in Hai Phong for a two-day forum to exchange experience and discuss strategic solutions to boost competitiveness and modernise the city’s seaport system.

Ensuring domestic electricity supply to meet national development goals

The goal of the revised eighth Power Development Plan (PDP VIII) is to ensure sufficient domestic electricity supply to meet the country's socio-economic development objectives in the new era, affirmed Deputy Prime Minister Bui Thanh Son.