Vietnam News Economy

From small alleyway cafés to high-end coffee chains, Việt Nam now boasts over 500,000 coffee shops.

Italy will host the Italian Expo 2025 in the beach city this November in boosting trade ties, people-to-people cultural exchanges and business links between Italian and Vietnamese as well as Đà Nẵng City.

In the last three months HCM City has issued land use rights and property ownership certificates (pink books) for tens of thousands of apartments, its Department of Natural Resources and Environment said.

The Food & Hospitality Hanoi 2025 trade exhibition will be held at the Hà Nội International Exhibition Centre from March 18 to 20. The event will feature over 170 global companies, showcasing a diverse range of food and beverage (F&B) products and hospitality services.

The State Treasury has offered to buy a total of US$500 million from commercial banks in the past three weeks.

Hà Nội sets its sights on becoming a leading centre for science, technology and innovation in Southeast Asia by 2030.

Việt Nam is expected to surpass Bangladesh as the world’s second-largest garment exporter after China.

The official development aid will be used to support social impact investment to address social issues in Việt Nam.

Prime Minister Phạm Minh Chính said in a rapidly evolving environment, all stakeholders, including SOEs, must adopt new mindsets and methods swiftly and flexibly.

Sharing expertise in data processing and information technology is essential for strengthening copyright protections while fostering the overall growth of the music industry

Several commercial banks have started reducing deposit interest rates by 0.1 to 0.4 percentage points in response to the Prime Minister’s directive to lower rates to help achieve the Government’s 8 per cent growth target in 2025.

The Ministry of Construction (MoC) is developing a pilot project to establish a State-managed Real Estate Trading Centre.

HCM City wants to enhance cooperation with Indian information technology corporations and innovative startups to jointly implement high-tech projects, especially in artificial intelligence, big data, and cloud computing, deputy chairman of the city People’s Committee told a seminar in HCM City on February 27.

Trading liquidity rose to VNĐ18.7 trillion (US$731.4 million), with nearly 893 million shares changing hands.

Bắc Ninh province now has 2,459 valid FDI projects with a total registered capital of nearly US$31.3 billion.

The scarcity of affordable housing is a factor that pushes prices up, according to an economist.

Export markets, such as South Korea and Japan, have their own regulations and do not ask for the conformity certification mandated by the Vietnamese government, leaving local businesses with extra costs and time wasted on paperwork.

Vietnamese commercial banks are optimistic about their 2025 profit targets, with many expecting increases of 20 per cent to 30 per cent due to anticipated robust economic growth and a resurgence in credit activity.

The Vietnamese government is demonstrating a high determination in promoting public investment, focusing on numerous strategic infrastructure projects that connect economic centres. This will serve as an important launching pad for Vietnam to enter a new era – the era of the nation’s rise, according to HSBC.

Ensuring an adequate electricity supply for 2025, given this relatively high demand growth, will be a challenge, especially since the progress of new power projects has not yet aligned with this growth.