Vietnam News Economy

In a report released on April 1, the S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted above the 50.0 no-change mark for the first time in four months during March, signalling an improvement in business conditions at the end of the first quarter of 2025.

A fresh "baseline tariff" of 10 per cent will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad actors.

The PM also called for the bank’s increased assistance for Việt Nam's implementation of JETP, provision of green development credit, and business support in projects involving wind energy, green hydrogen, and sustainable trade

The annual business dialogue in Cambodia attracted around 150 delegates, including Vietnamese businesses and Vietnamese-origin companies operating in Cambodia across various sectors such as finance, banking, insurance, telecommunications, agriculture, construction, interior design, food services, transportation, logistics, trade, healthcare, and tourism.

By the end of 2024, the RoK had invested in 285 projects in Đà Nẵng, with a total registered capital of $382 million, ranking among the top five foreign investors in the city.

The new edition of the manual provides updated guidelines on corporate governance, reflecting major regulatory changes in Việt Nam, including the Securities Law 2019 and the Enterprise Law 2020.

The highest provisional duty rate applied is 37.13 per cent for products from China and 15.67 per cent for those from South Korea.

The Cabinet leader affirmed that developing the private economy is crucial for national development, especially in the new era of the nation's rise.

British seafood exports to Việt Nam saw a 40 per cent surge in the first nine months of 2024 compared with the previous year.

The 34th Vietnam International Trade Fair (Vietnam Expo 2025) officially opened on April 2 in Hà Nội.

More than 300 booths set up by 150 exhibitors from 18 countries and territories are showcasing a wide range of the latest technologies, advanced solutions, laboratory instruments and analytical tools at the biennial expo Analytica Vietnam 2025 being held in HCM City until April 4.

Leading South Korean game companies, such as NCSoft and Nexon, are stepping up their presence in Southeast Asia, particularly in Việt Nam, through the establishment of subsidiaries and joint ventures to tap into the region’s growth potential and competitive labour costs.

The maximum retail electricity price is set at VNĐ2,444.09 VND per kWh, while the minimum price is set at VNĐ1,826.22 per kWh.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Việt Nam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera.

Since EVFTA took effect in August 2020, Việt Nam’s exports to the EU have surged, with bilateral trade reaching US$68.4 billion in 2024, a 47.5 per cent increase from 2020.

The HCM City Department of Tourism held a dialogue on Tuesday (April 1) with local businesses to address challenges and seek solutions to further develop the sector in 2025.

The local real estate market is currently witnessing a rapid recovery, fuelled by factors such as loose monetary policy, lower interest rates and developments in infrastructure and planning.

This strategic direction reflects Sihoo’s long-term vision of merging ergonomics, engineering, and design with a user-centric approach, driving the development of health-focused seating solutions.

Experts have said that specialty coffee such as Fine Robusta, is gaining traction as a high-value product, selling for up to double the price of regular green coffee.

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market and align Việt Nam's tax policies with the evolving trends of the automotive industry.