business news

Update news business news

Rosatom, PECC2 sign MoU on cooperation in nuclear power plant project

The MoU seeks to coordinate the two sides’ efforts in updating the feasibility study and site documentation for Ninh Thuan 1, which is set to become Vietnam’s first nuclear power plant.

Vietnam – Cambodia trade: Path towards 20 billion USD target

Vietnam and Cambodia are enjoying their most dynamic economic period with bilateral trade exceeding 10 billion USD in 2024.

Banks, fintech companies enable shift to revenue-based taxation

Millions of small business households are facing a major turning point, as the lump-sum tax system is replaced by tax declaration starting in 2026, part of a broader regulatory reform to modernise tax administration.

Vietnam's financial market sees total assets climb to 41.3 trillion VND

The total assets of Vietnam's financial market are estimated at 41.3 trillion VND, equivalent to 332% of GDP, banking and finance expert Dr Can Van Luc told attendees at the Vietnam Wealth Advisory Summit 2025 (VWAS) in Hanoi on September 25.

Hanoi to launch store on Shopee to boost capital’s e-commerce

Hanoi will open an official store on e-commerce platform Shopee this year, as part of the effort to boost the capital's digital economy.

Vietnam, EU eye balance, deeper strategic cooperation

Five years after the EU-Vietnam Free Trade Agreement (EVFTA) entered into force, both sides have hailed the deal as a success, while also acknowledging the need to tackle remaining barriers and move toward a more balanced trade relationship.

Vietnam puts forward green energy vision at World Atom Week

VN has laid stress on the significance of international cooperation in the research and development of energy technologies, particularly in the emerging field of fusion energy.

EU imposes anti-dumping duties on hot-rolled steel from Vietnam

The European Commission has imposed anti-dumping duties of 12.1% on hot-rolled steel imports from Vietnam, according to the Ministry of Industry and Trade.

VAMA: 4.83L/100km fuel cap too strict for passenger cars

The Vietnam Automobile Manufacturers’ Association (VAMA) argues that the proposed average fuel consumption target of 4.83 liters per 100km for passenger cars is “too strict.” About 96 percent of gasoline-powered cars would fail to meet the standard.

Nearly 30% of Van Thinh Phat restitution paid as fourth payout begins

Ho Chi Minh City authorities continue enforcement in the Van Thinh Phat case, disbursing nearly USD 12.3 million to over 42,000 bondholders.

Vietnam’s exporters battle US tariffs and green mandates

Despite strong export growth, Vietnamese businesses are struggling to adapt to new US trade barriers and environmental regulations.

Vietnam’s largest LNG power plant begins construction in Hai Phong

Vietnam breaks ground on a $6.74 billion LNG power plant and industrial park, aiming to boost energy and economic growth.

Vietnam’s $60 billion EV challenge: The cost of battery swapping transition

To electrify 80M bikes, Vietnam needs to invest in billions worth of batteries and swap stations.

Coca-Cola Vietnam project in Ho Chi Minh City ends after 30 years

The beverage giant closes its HCMC facility but continues operations at its new USD 136 million Tay Ninh plant.

Toyota to drive expansion of green vehicle production in Vietnam

Over the past 30 years, Toyota has produced more than 700,000 vehicles domestically, sold over 1 million cars in Vietnam, and exported vehicles worth more than 1 billion USD.

Vietnam’s second female billionaire emerges as VIC stock skyrockets

Vietnam now boasts seven dollar billionaires, with Pham Thu Huong joining the elite list.

Experts identify key to unlocking private investment in infrastructure

Vietnam, amid global uncertainty, is determined to boost growth through institutional reform and major investment in infrastructure. These are considered the two core pillars to achieving over 8% growth by 2025 and sustainable development beyond.

Vietnam’s hospitality market experiencing strong growth

The strong recovery of the international tourist market is providing significant momentum for the revival of Vietnam’s hospitality industry.

Vietnam’s aquatic exports surge toward 10 bln USD amid trade hurdles

Vietnam’s aquatic exports are on pace to reach 10 billion USD in 2025, but rising trade and technical barriers, particularly in the US, are prompting exporters to pivot toward diversification and value-added processing to maintain momentum.

Vietnamese durians set for record-breaking exports despite early-year setback

After an early stumble at the beginning of the year when several shipments were returned for violating China's import regulations, experts have predicted something unprecedented for Vietnamese durians this September.