Vietnam News Economy

The Việt Nam Chamber of Commerce and Industry (VCCI) says the Ministry of Finance's proposal to extend registration fee waiver for electric cars will benefit the economy, the environment and the public.

A report by market research firm Statista highlights that Việt Nam's e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.

This amendment aims to allow public employees who are scientists to establish and manage businesses that trade in researched scientific products.

Việt Nam is projected to import an additional 6 million tonnes of corn and 1.7 million tonnes of soybean meal by 2034, representing 7 per cent of global corn imports and 9 per cent of global soybean meal imports.

China's steel under investigation will be subject to the new duties, which will take effect 15 days after issuance and remain in force for 120 days.

Despite having rich mineral resources crucial for battery manufacturing, Việt Nam still relies on foreign raw material supplies and has limited production capacity, which puts it at a disadvantage when it comes to meeting global demand.

During a recent meeting with Party General Secretary Tô Lâm, SK Group Chairman Chey Tae-won outlined the company’s ambitions to partner with Việt Nam on energy projects, with a particular focus on LNG infrastructure, hydrogen energy and small modular nuclear reactors.

While domestic power sources—hydropower, gas power, solar and wind—remain the backbone of the country’s energy strategy, imported electricity serves as a crucial supplement to meet surging demand.

According to MoF, this is an extension policy, not a tax exemption or reduction.

Mekong Delta provinces will prioritise calling for businesses to invest in projects with modern technology and digital platform applications.

Up to 293,000 products featuring Labubu and Baby Three were sold through the top 30 stores on Shopee and TikTok Shop in Q2 2024.

In the short term, the VN-Index has maintained its uptrend above the 1,280-point support level and is approaching strong resistance at 1,300 points.

The project, expected to cost over VNĐ4.56 trillion (US$62 million), will span over 437ha in Mỹ An and Mỹ Thọ communes, Phú Mỹ District.

Domestic businesses are advised to closely monitor market fluctuations and the political and social factors that influence trade, enabling timely and effective responses.

Global tariff retaliations present opportunities for certain Vietnamese industries and publicly traded companies to gain from increased exports, FDI and supply chain realignments.

Huế City People's Committee and Vingroup Corporation formalised their collaboration through a memorandum of understanding aimed at promoting green transformation and sustainable development.

The southern province of Tây Ninh is attracting investments across several projects in different fields.

Experts have noted that automobile exports not only benefit businesses but also significantly contribute to the economy, while promoting the development of the supporting industry.

The Ministry of Finance has commented on the Ministry of Planning and Investment's proposal for a draft National Assembly Resolution on financial centres in Việt Nam.

The stock market wrapped up the third trading week of February with gains, as the VN-Index moved closer to the 1,300-point mark.