business news

Update news business news

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.

Vietnam eyes Binance for digital asset hub in Da Nang

Vietnam invites Binance to advise and possibly set up HQ in Da Nang to boost its international financial center.

Vietnam plans green loan boost for eco-friendly projects

A fixed 2% annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects.

Equity funds see biggest outflow in two years despite August market gains

Equity funds in Vietnam saw record withdrawals in August, marking the strongest outflow in two years despite gains in the stock market.

Vietnam moves to diversify export markets amidst global uncertainties

As Vietnam eyes export growth target of at least 12%, contributing to realising the GDP expansion of 8.3-8.5% this year and double-digit, PM Chinh outlined key measures across multiple sectors.