Vietnam News Economy

The reactivation of nuclear power projects will help Việt Nam diversify its energy supply sources, guarantee energy security, and achieve its economic growth target as well as its commitment to reaching net-zero emissions by 2050.

The Hòn La International Port will serve industrial zones in the province and facilitate the transshipment of goods to Laos and northeastern Thailand.

Market breadth remained negative, with 172 declining stocks, compared to 126 gainers and 63 staying unchanged.

The Ministry of Finance has proposed a pilot programme for issuing and trading cryptocurrencies and digital assets, with oversight from three key agencies: the Ministry of Finance, the Ministry of Public Security, and the State Bank of Việt Nam.

With nearly one million businesses and around five million business households, the private sector contributes approximately 51 per cent of the country's Gross Domestic Product (GDP) and over 30 per cent to the State budget.

Hải Hà and Đông Mai industrial parks are already under development, with investment approval procedures underway to expand their areas.

Local property developer, the Futa Land joint-stock company, has started construction on the new Thuận Phước Urban project, across 97.6ha with an investment of VNĐ11.5 trillion (US$460 million).

The two-month trade reached over S$6.57 billion (approximately US$4.91 billion), solidifying Việt Nam's position as Singapore’s ninth-largest trading partner.

The ease of e-commerce shopping comes with a growing problem - the rise of counterfeit goods, substandard products and commodities of unknown origin on digital platforms.

The Government has tasked relevant ministries to research and propose a pilot project for establishing a State-managed real estate and land use rights transaction centre, designed to function as a digital trading platform similar to electronic trading floors.

The Ministry of Construction said it had proposed adding cement sector planning to the list of specialised technical planning under the Planning Law, but the proposal was not approved by the National Assembly.

The new decree also regulates that the total share ownership of foreign investors at a Vietnamese non-bank credit institution will also not be allowed to exceed 50 per cent of the institution’s charter capital.

JLL, a renowned market research company, anticipates a revitalised Vietnamese real estate sector in 2025, fueled by positive investor sentiment, lower borrowing costs, and increased transaction activity across key asset categories, as highlighted in its latest report, "Vietnam Property Market Outlook 2025: A New Chapter in Economic Growth."

China’s steel exports are a primary concern, as its producers offload surplus supply amid weak domestic demand, potentially undermining local industry and employment.

In HCM City, banks are working directly with industry departments and enterprises to identify challenges and enhance access to financing, particularly in key sectors such as agriculture, social housing, high-quality rice production and coffee exports.

The facility will cover over 55,000 sq.m of land, with a total floor area of 26,168 sq.m. The project is being developed through a joint venture with Lotte Global Logistics in Việt Nam, supported by the global logistics supply chain fund.

A cooperative framework will be established between Hải Phòng's economic zones and the Yunnan Free Trade Zone in the time ahead.

Vietnam Airlines (VNA) has announced that it will expand its international network with new flights connecting Hà Nội to two major cities in India, Bengaluru and Hyderabad, starting in May 2025.

This year’s programme will feature more than 50 businesses and over 70 booths, showcasing high-quality products across seven key sectors.

Việt Nam’s largest private corporation Vingroup has summited a proposal to the HCM City People's Committee for a metro line connecting the city downtown and the outlying Cần Giờ district.