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Smart manufacturing still in early stages

Vietnam News Economy - Fri, 01/03/2025 - 11:02
Việt Nam's smart manufacturing remains in its early stages, with much work to be done before the nation fully embraces these transformative technologies, according to industry experts and insiders.

Bond funds shine in 2024

Vietnam News Economy - Fri, 01/03/2025 - 10:03
The inflow of capital into bond funds is noteworthy, driven by investment returns outpacing bank savings rates.

Tasco plans $19.7m bond issuance

Vietnam News Economy - Fri, 01/03/2025 - 09:48
Tasco JSC has outlined a strategic move to issue VNĐ500 billion (US$19.7 million) in bonds and transfer its entire capital stake in Ana Services Co Ltd.

IT outsourcing fetchs nearly US$700 million

Vietnam News Economy - Fri, 01/03/2025 - 09:33
According to Statista, Việt Nam’s outsourcing market is projected to reach a value of nearly US$698 million this year.

Banking industry to focus on bad debt handling targets in 2025

Vietnam News Economy - Fri, 01/03/2025 - 08:52
The non-performing loan (NPL) ratio of the banking system (excluding NPLs of weak commercial banks) needs to be controlled at below 3 per cent by the end of 2025.

Vietnamese products gain popularity in the UK, EU

Vietnam News Economy - Fri, 01/03/2025 - 08:37
In the first 11 months of this year, total trade between Việt Nam and the UK reached over US$$7.7 billion, an 18.1 per cent increase compared to the previous year.

Vietnam PMI stands at 49.8 in December

Vietnam News Economy - Fri, 01/03/2025 - 08:33
While the total number of new business continued to rise, new export orders decreased for the second month running.

HCM City’s leading textile firm to be delisted due to ongoing losses

Vietnam News Economy - Fri, 01/03/2025 - 07:36
A leading textile company based in HCM City is at risk of being delisted from the HCM City Stock Exchange (HoSE) following a suspension of operations for one year, according to HoSE.

Stock market rises on first trading day of 2025

Vietnam News Economy - Thu, 01/02/2025 - 16:19
The stock market opened 2025 on an optimistic note, with the VN-Index inching closer to the 1,270-point mark. Despite this gain, liquidity remained subdued, showing continued weakness, while foreign investors returned to net selling, though at a moderate pace.

Retail petrol prices revised up on January 2

Vietnam News Economy - Thu, 01/02/2025 - 16:13
The retail petrol prices were adjusted up from 3pm on January 2 by the Ministry of Industry and Trade and the Ministry of Finance.

Computers, electronics and components lead imports in 2024

Vietnam News Economy - Thu, 01/02/2025 - 14:31
Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.

Việt Nam set to become regional manufacturing tech hub this year

Vietnam News Economy - Thu, 01/02/2025 - 10:18
Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.

Trade though Lào Cai border gate reaches $1.6 million on 2025’s first day

Vietnam News Economy - Thu, 01/02/2025 - 10:06
The total trade of goods through the Kim Thành International Road Border Gate No. 2 in the northern mountainous province of Lào Cai had exceeded US$1.6 million as of 2pm on January 1, of which nearly $929,000 came from exports.

Long-term strategies need to prepare for rising power demand

Vietnam News Economy - Thu, 01/02/2025 - 09:04
With Việt Nam's electricity demand forecast to grow 10.5-13 per cent in 2025, experts urge manufacturing to adopt long-term strategies to mitigate risks from price and supply fluctuations.

MoIT to submit revised Power Development Plan VIII by February 2025

Vietnam News Economy - Thu, 01/02/2025 - 09:03
On December 31, Deputy Minister of Industry and Trade Nguyễn Hoàng Long chaired an online conference with 63 provinces and cities to discuss the implementation and adjustment of Power Development Plan VIII.

Listed companies simultaneously suspend stock offer plans

Vietnam News Economy - Thu, 01/02/2025 - 08:47
The Construction Development Investment Joint Stock Corporation (DIC) has recently announced the suspension of the issuance of 200 million shares to the public, at a price of VNĐ15,000 per share.

Legal framework for Mobile Money awaited

Vietnam News Economy - Thu, 01/02/2025 - 08:13
An official legal framework for Mobile Money is expected to be issued early to promote cashless payment in rural and remote areas when the official pilot implementation ends on Tuesday.

VN-Index projected to reach 1,555 points by 2025: expert

Vietnam News Economy - Thu, 01/02/2025 - 05:27
The market concluded 2024 with the VN-Index standing at 1,266.78 points, marking an impressive growth of approximately 13 per cent, placing Việt Nam among the countries with the highest stock market growth rates of the year.

HCM City leads the country in budget revenue, sets higher goals for 2025

Vietnam News Economy - Wed, 01/01/2025 - 21:10
In what would be an historic milestone, HCM City will become the first locality in the country to reach over VNĐ500 trillion ($19.6 billion) in budget revenue.

FTAs and green development remain key drivers of export

Vietnam News Economy - Wed, 01/01/2025 - 16:48
Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements (FTAs), especially the new-generation ones, to find opportunities.

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