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According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Việt Nam's economy is deeply integrating towards becoming a market economy, which requires flexibility.

Economists and business leaders are raising serious concerns over the US announcement to impose a 46 per cent reciprocal tariff on Vietnamese goods starting April 9, warning of potential negative impacts on exports and the country’s overall economic growth.

PM Chính emphasised that Việt Nam will not change its target of achieving economic growth of 8 per cent or higher this year, while simultaneously maintaining macroeconomic stability, ensuring social welfare, and improving people's livelihoods.

According to the NSO, the agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74 per cent, 7.42 per cent and 7.7 per cent, contributing 6.09 per cent, 40.17 per cent, and 53.74 per cent to the total GDP expansion during January–March, respectively.

The 2024 PAR Index achieved its highest average value to date – at 88.37 per cent, up 1.39 per cent from 2023, with all the 63 provinces and centrally-run cities scoring above 80 per cent.

Equipped with cutting-edge technology at berths 5 and 6, HHIT marks Việt Nam's first privately developed smart port.

Việt Nam is emerging as a prime destination for investors in science and technology, especially in the semiconductor industry.

The flight brought together representatives of Việt Nam’s business community across a wide range of sectors, including finance and banking, aviation, energy, technology, and import-export.

Currently, the agreement covers a market of approximately 2.3 billion people, representing around 30 per cent of the global population and GDP. Notably, five of its 15 members are members of the G20.

While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.

Under Decree 82, businesses and household businesses are eligible for a deferral on value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent.

In an exclusive interview with Việt Nam News on her recent visit to Việt Nam, Suntory Beverage & Food’s CEO Makiko Ono reflects on her inspiring journey to the top.

Việt Nam’s construction sector is pushing to deliver more mega, world-class projects, boosting its global reputation and ushering the nation into a new era – the era of the nation's rise.

The revival of the project signals Việt Nam's shift towards energy diversification to meet rising electricity demand, while honouring its carbon reduction commitments.

At a forum on SCT held in Hà Nội on April 4, hosted by the Việt Nam Beer–Alcohol–Beverage Association (VBA), concerns were raised that a sudden imposition of the tax could deliver a “shock” to producers, disrupt business operations, and burden consumers.

Tuyên Quang has actively engaged with overseas Vietnamese through international outreach, business networking, and collaboration with the Vietnam business association abroad.

Secretary of the Hưng Yên provincial Party Committee Nguyễn Hữu Nghĩa promised full support in terms of land access, taxation, and legal procedures to US firms eager to invest in the province, at a working session with US Ambassador to Việt Nam Marc E. Knapper on April 4.

At the close of trading on the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index fell by 19.17 points, or 1.56 per cent, to end at 1,210.67 points.

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.

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.