Economy

Hanoi 2025 - BPC, a global leader in payment solutions, and PVcomBank mark a decade of partnership that has empowered PVcomBank for providing innovative, secure, safe and reliable banking services.

The northern mountainous province of Lang Son is taking measures to preserve and promote the ecotourism value and potential of the Lang Son Global Geopark, recognised by UNESCO in September 2024.

The residential property supply in Ho Chi Minh City remained constrained in the early months of 2025, with only 350 condominium units and 58 ready-built townhouses and villas launched, according to CBRE Vietnam.

An Asia-Vietnam business dialogue in Italian city of Genoa featured expert insights into regional trade dynamics, real-world business case studies, and analysis of Vietnam’s fast-evolving key sectors — from manufacturing to technological innovation — amid shifting global trends.

The provincial border posts and checkpoints are requested to strictly inspect 100% of vessels entering and exiting stations, prohibiting those without the necessary qualifications from departing.

Economists underlined the need for Vietnamese Government and businesses to apply measures to adapt to the new tariff policy of the US to maintain growth during a meeting held by the Ho Chi Minh City Department of Industry and Trade on April 8.

Listening to consultations from businesses, reducing duties on certain groups of goods imported from the US, reviewing and removing technical barriers, combating origin fraud and illegal transshipment, and increasing imports from the US are among measures Vietnam has taken in response to the US’s new tariff policy.

Vietnam has proactively reviewed and adjust tariffs, particularly on US imports, as part of efforts towards balanced trade relations, said Deputy Minister of Finance Nguyen Duc Chi at the ministry's first-quarter regular press conference on April 3.

Vietnam’s trade sector continues to be a driving force in economic growth, with total import-export turnover reaching an impressive 163 billion USD as of March 15, a 12% surge year-on-year.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

The direction is under the newly-issued Prime Minister's Directive 09/CT-TTg on the tasks and solutions of State-owned enterprises (SOEs) to contribute to the Government’s double-digit economic growth target.

The Ministry of Construction has proposed expanding the 1,144-km eastern wing of North-South expressway from Hanoi to Ho Chi Minh City from four to six lanes, at an estimated cost of 152.1 trillion VND (around 6.2 billion USD).

The Ministry of Finance (MoF) has proposed a 2% reduction in value-added tax (VAT) from July 1, 2025 to December 31, 2026, expanding eligibility to include fuel, petroleum, and certain technology products and services. Experts have believed the measure will stimulate consumption, support businesses, and drive economic growth.

Ho Chi Minh City attracted nearly 1.64 million foreign visitors in the first three months of this year, up 18.2% from the same period in 2024, the city’s Department of Tourism said on March 25.

Vietnam’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.

Vietnam is expected to begin construction and expansion of seven expressway projects this year.

Floating fish cages on La Juventud reservoir in Palacios town, Pinar del Rio province, stand as a testament to the Vietnam – Cuba friendship as Vietnam's tilapia farming technology has transformed this region into a key aquacultural hub, contributing to the Caribbean nation’s food security.

A growing trend in the securities market involves firms posing as authorised securities companies to trick investors into making deposits into accounts, according to a major alert released by the State Securities Commission of Vietnam (SSC) on March 19.

The delegation of licensing authority to localities along with newly planned and expanded industrial zones is driving the growth of the industrial real estate segment, providing a major boost for investors.

The Ministry of Health (MoH) has ordered medical facilities across the country to concentrate efforts to fully adopt digital medical records before September 30 this year.