Vietnam News Economy

For Việt Nam to achieve its development goals – becoming a modern industrialised nation with high income by 2045 – substantial policy reforms are necessary to accelerate private sector growth.

The sector contributes 51 per cent of GDP, over 30 per cent of the State budget, 40 million jobs (or 82 per cent of the national workforce), and nearly 60 per cent of total social investment capital.

As Việt Nam continues to move forward with its ambitious infrastructure and economic plans, the participation of domestic enterprises in these large projects will play a key role in shaping the country’s future

Following a volatile session on Thursday, the market opened in positive territory but quickly slipped as weak buying momentum failed to hold up gains.

With a sound investment climate, Bình Định has become an attractive destination for investors, positioning itself as one of the most dynamic economic hubs in the country and a leading development province in the region.

At the event, businesses raised concerns related to value-added tax refunds, increased land rental costs, reduced LNG supply, labour shortages, the issuance of construction ownership certificates and environmental hygiene and traffic safety on roads within industrial zones.

The establishment of the Eastern Chapter not only marks a significant step in the Việt Nam-Canada Business Association's growth but also addresses the rising demand for networking and collaboration among Vietnamese and Canadian entrepreneurs in the region.

The inspection team will focus on enforcing legal regulations related to rice export business activities in the Mekong Delta region, addressing violations while reviewing market supply and demand, as well as pricing. 

The Steering Committee of the Châu Đốc – Cần Thơ – Sóc Trăng Expressway Project has held a meeting with contractors in An Giang Province to speed up construction progress to ensure the basic completion in June 2026 and full operation in 2027.

NIC and FPT led the launch of VSIC, backed by top tech firms and universities such as Cadence, Keysight, Tektronix, Hanoi University of Science and Technology and Vietnam National University.

Building on the success of previous competitions, Samsung Solve for Tomorrow 2025 will be implemented over eight months, from March 28, 2025, to October 31, 2025.

The seminar was held against the backdrop of new European Union (EU) regulations on forest protection, which are posing significant challenges to the rubber supply chain in the Southeast Asian region.

According to the experts, several regulations in the Law on Product and Goods Quality and the Law on Standards and Technical Regulations are seen as detrimental to key agricultural industries.

Local tech giant FPT Group has launched a R&D centre at the newly-opened Đà Nẵng Software Park No 2, the first of its kind at the park, on the way to developing it as a key tech and a leading semiconductor manufacturing hub.

This initiative follows strategic agreements signed on Thursday, aimed at driving innovation and accelerating digital transformation in HCM City across these sectors.

Pork prices reach as high as VNĐ80,000 (US$3.14) per kilogramme in some localities, which is the highest level in the last five years.

The Trà Vinh Provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over VNĐ13.8 trillion (US$540.6 million).

Takeda Vietnam is delighted to announce the appointment of its new General Manager Benjamin Ping. Benjamin is an experienced pharmaceutical executive who has over 20 years of experience in the pharmaceutical space working in roles of increasing responsibilities over various cities like Singapore, Shanghai, Hong Kong (China) and most recently Dubai. As Việt Nam experiences an era of national rise, he is committed to supporting the government’s push to advance healthcare and meet patient needs by bringing Takeda’s life-transforming medicine and vaccine portfolio to the Vietnamese population.

The trend of transitioning to electric vehicles (EVs) in Việt Nam is becoming increasingly evident, with a clear focus on sustainability, cost savings and enhanced user experience, according to local car experts.

The 2025 UK-Southeast Asia Tech Week launched in HCM City on Thursday is expected to be a major milestone in the journey towards a more interconnected digital future between Việt Nam and the UK.