business news

Update news business news

HCM City Party chief outlines 9 urgent tasks to seize ‘diamond opportunity’

At the second Party Committee Conference of Ho Chi Minh City for the 2025–2030 term, Party Secretary Tran Luu Quang laid out nine immediate tasks for the city to unlock its development potential under newly granted policy mechanisms.

Vietnam needs $700 billion for green growth: Capital market must awaken

Vietnam’s journey to net-zero emissions by 2050 requires a staggering $700 billion in funding - far beyond what banks alone can deliver.

Decree 319 sets technology transfer as key to Vietnam’s rail transformation

For the first time, Vietnam has officially introduced criteria that prioritize domestic companies in railway projects, tied directly to technology transfer - replacing the old method of full-package imports.

Tax cuts poised to ignite Vietnam’s hybrid vehicle boom from 2026

Vietnam’s auto industry is on the brink of a major transformation as excise tax reductions set to take effect in 2026 are expected to significantly cut the cost of hybrid vehicles, driving new investment and propelling rapid market expansion.

Hai Phong Port reaches 2-million-TEU milestone

Hai Phong Port JSC on December 14 held a ceremony at container berths No. 3 and 4 of the Hai Phong International Container Terminal (HICT) to mark its handling of the 2 millionth TEU in 2025.

Vietnam to host seminar on export growth strategies

The Ministry of Industry and Trade will hold a seminar on December 16 to discuss ways to keep export growth high and sustainable.

Vietnam’s electronics exports to the US surpass garments for the first time

For the first time ever, electronics have overtaken textiles and footwear to become Vietnam’s largest export category to the United States, reflecting a major shift in the country’s industrial development.

VN banana exports near $372 million, but billion-dollar dream still distant

Banana exports earned Vietnam $372 million in 2024, but key barriers still hinder billion-dollar potential.

Vietnam launches $20B infrastructure loan program with 21-bank alliance

Vietnam has officially launched a preferential credit program aimed at financing key infrastructure projects in power, transport, and strategic technologies, with participation from 21 commercial banks.

Digital transformation puzzles billion-dollar wood firms in Vietnam

Despite high revenues, many Vietnamese wood manufacturers admit to confusion and setbacks when embracing digital transformation.

Nearly 600,000 bank accounts flagged for suspicious activity in Vietnam

Authorities have identified nearly 600,000 payment accounts and e-wallets suspected of fraud or legal violations in 2025.

Vietnam’s capital market eyes breakthrough with three key pillars in 2026

Policy reform and technological innovation aim to attract institutional funds and elevate Vietnam's market status.

Vietnam’s $200B stock market posts Asia’s steepest drop amid year-end volatility

Vietnam’s VN-Index posts Asia’s biggest drop, falling 3% amid liquidity fears and year-end pressures.

Thousands of affordable apartments set to hit Hanoi market before 2030

The Tien Duong 1 social housing project in Phuc Thinh ward in Hanoi (formerly under Dong Anh District) is expected to start construction this December.

Wood firms in VN invest millions in digitalization amid growing global pressure

Vietnamese wood businesses report billion-dollar revenues but still struggle with digital transformation.

Ho Chi Minh City eyes breakthrough with TOD and FTZ policies

New mechanisms empowering urban planning and investment in FTZs could lift longstanding bottlenecks in Vietnam’s economic hub.

Public-private partnerships in agriculture under scrutiny for underperformance

Eight PPP groups in agriculture were designed to boost productivity and cut emissions, but several - including fisheries and livestock - have failed to deliver, prompting a promise of reform from the Deputy Minister.

Tax reform for business households: new VND500 million exemption limit set

Experts recommend setting the tax-exempt revenue threshold based on regional coefficients, similar to the minimum wage mechanism, and adjusting it periodically according to the CPI or average income growth.

Credit boom fuels VN-Index: $98 billion injected, 2,000 points targeted for 2026

Around VND2.6 quadrillion has been injected into the economy, and this figure may climb further by the end of this year and in 2026. This could be a major boost for the stock market, which has a capitalization of more than $200 billion.

Rising home prices spark push for new national rental standards

As home prices continue to surge, the ability of many households to buy a home is becoming increasingly out of reach.