Vietnam News Economy

The new route which will be launched on October 23, will increase Vietjet’s routes between Việt Nam and India - a country of 1.4 billion people to eight ones, with 60 flights per week.

Despite significant damage from Typhoon Yagi, all affected companies have swiftly resumed production, ensuring minimal disruption to their operations.

Streamlined investment procedures are proposed for high-tech projects to create favourable conditions for investors, according to the draft amendments to the laws on planning and investment recently made public for comments by the Ministry of Planning and Investment.

Vietnam SuperPort™, the joint venture between YCH Group (Singapore) and T&T Group (Việt Nam), has committed to becoming Southeast Asia's first net zero multimodal logistics port by 2040.

Australia’s agriculture, fisheries and forestry exports to Việt Nam reached A$3.7 billion (US$2.5 billion) during 2023-24, with a growing trade in stone fruit.

Foreign investors poured a total of US$2.4 billion into the real estate market of Việt Nam in the first eight months of this year, more than five times that over the same period last year, according to the latest updates from the General Statistics Office (GSO).

By 2030, the country aims for 40-50 per cent of localities to convert existing IPs into eco-IPs and 8-10 per cent of localities have orientations to build eco-IPs right in their plan making.

Lately, major players in the market have stepped into the spotlight with notable transactions.

The lender will pay a cash dividend of 3 per cent, or VNĐ300 per share.

Industrial production is supporting the steady growth of the Southeast region, with HCM City moving towards high-tech industries and Bình Dương expanding its role as a key industrial centre.

They also offer preferential credit packages to reduce financial pressure for individual and business customers.

The Prime Minister also asked local authorities to repair houses, schools, and hospitals, remove uprooted trees from roads, ensure electricity and water supplies, and maintain telecommunication services for the people.

India's Ministry of Finance has just issued an order to impose a tax of 12-30 per cent on some steel products imported from China and Việt Nam.

A report of the Ministry of Industry and Trade (MoIT) shows that the number of enterprises in the supporting industry sector accounts for only about 4.5 per cent of the total number of companies in the manufacturing and processing industry.

The establishment of a centre for raw materials to support the textile, leather and footwear industries will help meet new demands from importing countries, focusing on sustainability in production and social responsibility.

Semiconductor requires a unique strategy, a grand vision, unwavering determination, resilience, and acceptance of risk

Car sales in August by members of the Vietnam Automobile Manufacturers’ Association (VAMA) fell by 13% from the previous month to 25,196 units, VAMA announced on September 13.

Prime Minister Phạm Minh Chính has urged the ASEAN Business Advisory Council (ASEAN BAC) to work together with the governments and people of ASEAN countries in key works for further economic development.

Technological solutions include barcodes and electronic labelling, which are tools for manufacturers to monitor product quality and trace origin.

Rents for prime spaces in Hà Nội’s central areas stand at a competitive US$96.4 per square metre.