The Ministry of Industry and Trade and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on July 25.
Accordingly, the price of E5RON92 bio-fuel was cut by 274 VND to 21,900 VND (0.87 USD) per litre, while that of RON95-III fell by 294 VND to 22,884 VND per litre.
Meanwhile, the price of diesel 0.05S dropped by 310 VND per litre to 20,194 VND per litre and kerosene is now priced at 20,326 VND per litre, down 338 VND. Mazut oil 180CST 3.5S is sold at 17,178 VND per kg, a decrease of 173 VND.
The two ministries decided not to use the petrol price stabilisation fund.
More than 95% of enterprises at industrial zones in the northern port city of Hai Phong have resumed normal operations.
Indonesian President Prabowo Subianto has approved the construction of a massive 700-km sea wall stretching from Banten to East Java to protect rice fields on the north coast of Java Island.
FPT Software (F-Soft) Đà Nẵng plans to earn VNĐ3.6 trillion (US$144 million) in exports in 2025 after introducing a third campus at the FPT Complex and signing a strategic deal with the city.
Vietnam boasts one of the most active investment communities in the cryptocurrency sector. However, protecting investors and promoting sustainable growth requires a robust legal framework.
Apartments in the capital city Hanoi have gained in popularity in recent years, as a source of rental income and a reliable safe haven.
The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
It creates the framework for the fund, providing cash grants and subsidies to enterprises with qualified investment projects in Vietnam.
The Ministry of Industry and Trade has forecast that Vietnam's automobile market could grow by approximately 12% in 2025, with sales expected to reach 600,000 units. However, the influx of completely built-up (CBU) imported vehicles is likely to exert significant pressure on the domestic automobile industry.
The project aims to construct the My Xuan International General Port, capable of accommodating ships with a capacity of up to 60,000 DWT.
Prime Minister Pham Minh Chinh lauded the efforts made by ministries, agencies, localities, investors, contractors, project management boards, and thousands of workers who have been working on three shifts and staying at the construction sites throughout Tet to meet the requirements regarding progress and quality.
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.
Total revenue of Vietnam's digital tech companies reached nearly 158 billion USD in 2024, a 10.2% year-on-year increase, according to the Ministry of Information and Communications (MIC).
One Việtnamese durian exporter said that it's 170 tonnes of produce could be not cleared at custom gates, because China applies the strict inspection of BY2 that is believed to be used to enhance the yellow colour of durian fruit.
Prime Minister Pham Minh Chinh has instructed ministries, agencies, and local authorities to drastically and effectively implement three strategic breakthroughs, six key tasks, and 12 primary solutions, striving for double-digit growth in 2025, set to be the year of acceleration and breakthroughs, and laying the foundation for the 2026-2030 socio-economic development plan.
Markets across the capital city of Hanoi are teeming with fresh produce and traditional offerings as locals are preparing to bid farewell to the ong Cong (Land Genie) and ong Tao (Kitchen Gods) to the heaven, an important precursor to the Tet (Lunar New Year) celebrations.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,341 VND/USD on January 17, up 8 VND from the previous day.
Founded in 2013, Vietnam Public Commercial Joint Stock Bank (PVcomBank) is the result of a merger between Petro Vietnam Finance Joint Stock Corporation (PVFC) and Western Commercial Joint Stock Bank (WesternBank). Over the years, PVcomBank has expanded to become the fifth-largest digital bank in Vietnam. Thanks to its commitment to deliver ‘Banking for Everyone’, it now serves over three million customers across various segments in Retail, SME, commercial and corporate.
Only 9% of households in Vietnam own a car, data from a mid-term population and housing survey for 2024 from the General Statistics Office (GSO) shows.
Remittances to Vietnam in 2024 are estimated to reach about 16 billion USD, showing the confidence of overseas Vietnamese in the domestic situation.
The Vietnamese Business Association in the UK (VBUK) has announced plans to reshape the landscape of Vietnam-UK trade relations, focusing on driving business community forward, fostering its unity and strengthening connections with their Vietnamese partners both at home and abroad.
