Vietnam News Economy

The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

On his visit, the senior executive of Standard Chartered called on Prime Minister Phạm Minh Chính, as well as leaders of Ministry of Finance and the State Bank of Việt Nam

The initiative invites start-ups, innovators and changemakers to submit solutions focused on enhancing long-term financial resilience, well-being and fulfilment throughout multi-stage lives in Asia, particularly in terms of a rapidly ageing society, with prizes for the best ideas.

The electronics sector now accounts for around 60 per cent of all industrial projects in the province's industrial parks, with over 200 active ventures.

Deputy Prime Minister, Bùi Thanh Sơn, will serve as the head of the task force, with the Minister of Industry and Trade acting as the deputy.

Móng Cái International Border Gate is a primary border gate connecting Việt Nam's Móng Cái City and China's Dongxing City.

Foreign investment disbursement grew 7 per cent year-on-year, reaching nearly $4.96 billion in the period. This increase underscores sustained confidence from international investors, reaffirming Việt Nam's position as a key investment destination.

Việt Nam’s largest economic hub, HCM City, is seeing a robust economic recovery, with its Gross Regional Domestic Product (GRDP) rising over 7.5 per cent year-on-year in the first quarter, marking the highest growth rate since 2020.

The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day.

The CPI for the first quarter of 2025 increased by 2.75 per cent compared to the same period last year, indicating that inflation remains well under control.

As of March 20, outstanding loans reached nearly VNĐ15.93 quadrillion, up 1.98 per cent compared to the end of 2024 and up 17.60 per cent compared to the same period in 2024.

HCM City aims to have 5,000 new innovative start-ups by 2030 and develop its start-up ecosystem, a conference organised by the HCM City Department of Science and Technology on April 3 heard.

The total pig herd reached approximately 32 million head by the end of 2024, up seven million from 2020 and nearly two million from 2023. This marked the highest pig population in five years.

Recent research by IBM, Forbes and McKinsey highlights a steady increase in AI adoption within business governance, with 33 per cent of companies using AI in 2022, 55 per cent in 2023 and 72 per cent in 2024.

In the first two months of 2025, the total value of bond transactions, including both public and private offerings, reached VNĐ167.2 trillion (over US$6.5 billion), up 19 per cent on year.

Advertising Technology (AdTech), which encompasses software and tools facilitating the buying and selling of digital advertising, is rapidly becoming an essential component across industries, particularly in Việt Nam where the digital landscape is continuously evolving, experts said. 

Việt Nam and Laos have immense potential for cooperation across multiple sectors, particularly in education and training, information technology, trade promotion, investment, culture, and tourism, delegates emphasised at the Lao-Việt Nam Trade and Investment Promotion Conference held in Savannakhet Province, Laos, on April 2.

The 11th PropertyGuru Vietnam Property Awards are now open for entries across an expanded list of categories, reflecting the country's robust real estate fundamentals and optimistic consumer sentiment, the organiser announced on April 2.

The prices were increased from 3pm on Thursday.

Minister of Industry and Trade Nguyễn Hồng Diên has sent a diplomatic note to US authorities, requesting a delay of the 'reciprocal tariff' imposition.