Source: VNA
To meet the December 19 groundbreaking target for the Lao Cai – Hanoi – Hai Phong line at five designated sites, he tasked the Ministry of Construction with drafting a detailed critical path timeline. Meanwhile, Deputy Prime Minister Tran Hong Ha was assigned to oversee execution and inter-ministerial coordination.
Given existing potential and upcoming projects, Chinese investment is expected to claim the top position in Long An's foreign investment landscape.
This strategic decision follows a significant rise in DGC's stock price, which surged by 25.7% from April 9 to May 16, climbing from 73,100 VND (2.80 USD) to 91,900 VND per share.
The city is also among the world’s 12 standout startup ecosystems featured at StartupBlink’s 2025 online workshop, earning its recognition as one of the planet’s “hottest” startup destinations.
The conference is expected to bring about a significant shift in the sector’s supply chain — from breeding stock, feed, and veterinary services to production and processing.
One of the most notable changes is the stipulation that the debt-to-equity ratio for companies issuing private bonds must not exceed five times their equity
Vietnam intends to develop one international financial centre, which will operate in two cities: Da Nang and Ho Chi Minh City.
Prime Minister Pham Minh Chinh has asked ministers, heads of ministerial-level agences and leaders of localities to ensure that public investment capital is fully disbursed as planned, calling for a comprehensive database to track progress and enhance accountability.
Reaffirming Japan’s role as a strategic investor, a local official noted that Japan is currently the second-largest foreign investor in Ha Nam, with over 100 projects in diverse sectors such as mechanical engineering, automobile and motorcycle production, and electronics.
The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.
While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports, while accelerating new drivers such as science and technology, innovation, digital transformation, circular economy, and knowledge economy.
Ministries, sectors, and localities are asked to boost the enforcement of the Law on Support for SMEs, as well support policies of sectors, to help SMEs improve their capacity, connect with large and FDI firms, and increase investment in priority fields.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), aquatic product exports reached 3.3 billion USD in the first four months of 2025, a 21% increase compared to the same period last year. Shrimp led the growth with a 30% surge, followed by tra fish (pangasius), which rose by 9%.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,968 VND/USD on May 20, down 2 VND from the previous day.
The deal encompasses a 5 billion USD oil refinery and storage complex and a 1 billion USD green manufacturing plant.
For the long term, PM Chinh stressed the need to develop the centre into a new symbol of Hanoi and the nation in terms of scale, culture, architecture, structure, environmental landscape, and governance, so as to reflect the national stature, worthy of the country's historical and cultural traditions, and especially to showcase its achievements after 40 years of ‘Doi Moi’ (Renewal).
PM Chinh stressed that the Tu Lien bridge will not only enhance connectivity and promote socio-economic development across Hanoi’s districts, but also link regional cities and provinces involved, national transport routes, and international gateways via Noi Bai and Gia Binh international airports.
The exhibition gathers a significant number of manufacturers and buyers seeking suppliers in Vietnam, including major brands. The event continues to serve as a key platform for branding, trade promotion, and sustainable international business networking.
The resolution affirms that in a socialist-oriented market economy, the private sector is one of the most important driving forces of the national economy. On that foundation, the upcoming mergence of Binh Duong and Ba Ria–Vung Tau provinces into Ho Chi Minh City will create conditions to form a mega-urban region integrating industry, finance, seaports, and innovation.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,219 VND/USD and the floor rate 23,722 VND/USD.
