VNA
Vietnam welcomes European firms for shared successes: PM
The European Union (EU)'s investment in Vietnam now tops 30.4 billion USD, ranking as the sixth largest foreign investor in Vietnam. Two-way trade hit 68.5 billion USD last year.
See more
PM directs measures to boost economic growth, ensure GDP expansion of at least 8%
The directive acknowledges the challenges in achieving this target but stresses its necessity to build momentum for sustained double-digit growth in the coming years.
Hai Phong: A second home for foreign investors
Hai Phong now hosts over 1,000 foreign direct investment (FDI) projects from investors across 40 countries and territories.
Quang Nam's medicinal herb industry hub project approved
The project for the development and establishment of a medicinal herb industry hub in Quang Nam Province, with Ngọc Linh ginseng as the key crop has been approved.
Vietnamese young entrepreneurs in Europe strengthen network
The association seeks to connect both Vietnamese-owned businesses in Europe and Vietnam-based enterprises investing in the region.
Leveraging Vietnam’s stock market to earn greater profits
Minister of Finance Nguyen Van Thang emphasised the importance of accelerating development efforts in 2025 to harness resources and fully exploit potential, aiming for sustainable economic breakthroughs.
Vietnamese products rise from villages to global markets
Many Vietnamese brands like VinFast, Hoa Phat, Viettel, Vinamilk, and GrowMax have steadily increased their market share at home, expanded their export markets, and built production and value chains, all while contributing to the country’s economic growth.
Vietnam’s coffee shops boom amid business closures
While business closures continue to rise, signalling economic difficulties, Vietnam's coffee shop industry is experiencing remarkable growth.
Vietnam – a land of opportunities for Nordic firms
Ole Linnet Juul, Senior Chief Advisor of the Confederation of Danish Industry, commended Vietnam’s recent strides, particularly in institutional reforms, technological advancements, innovation, and digital transformation.
Hanoi Basketball Championship starts in March
A total of 15 teams — 10 men's and five women's clubs — will compete at the Hanoi Basketball Championship 2025, representing Hanoi and neighbouring provinces.
HCM City real-estate market predicted to recover this year
2025 will serve as a crucial foundation year for the real estate sector in Ho Chi Minh City, marking the path towards a full recovery by 2026 after facing challenges caused by COVID-19 and economic recession, experts predicted.
Vietnam's retail real estate has great potential for development in 2025
Vietnam's retail market with positive growth prospects will support the development of the commercial real estate market this year, according to experts at the “Vietnam Retail 2025: Opportunities in Real Estate” event held on February 27.
PM urges Vietnamese, Chinese firms to realise high-level agreements through concrete actions
Prime Minister Pham Minh Chinh suggested connecting the two economies and business communities to further nurture the Vietnam – China comprehensive strategic cooperative partnership.
State capital ownership rights transferred to Ministry of Finance
After merging with the Ministry of Planning and Investment and receiving 18 state-owned groups and corporations from the Commission for Management of State Capital at Enterprises (CMSC), the Ministry of Finance acts as the 'backbone' of the economy, managing all financial resources from public investment and resources from these groups and corporations, to foreign loans.
State-owned MobiFone now under Ministry of Public Security
MobiFone's profit before tax in 2024 was estimated at over 2 trillion VND (78.23 million USD), exceeding its annual target by 20.6%. The corporation's digital services sector has witnessed high growth rates across many products and services, including MobiFone Meet (1,050%), Cloud (312%), mobiAgri (49%), and MobiFone Invoice (58%).
Petrovietnam takes drastic actions to carry out Ninh Thuan 2 nuclear power project
With an urgent timeline to put the plant into operation by 2030 or 2031, the project faces significant challenges and requires a shift to a more flexible, accelerated management approach.
Vietnam pushes to elevate stock market
Vietnam will create favourable conditions for the stock market to develop more breakthrough and innovative products, enhancing the quality of market offerings and attracting more investors.
Banking sector urged to expand credits to support economic growth
SBV Deputy Governor Dao Minh Tu stated that an average credit growth of over 2% would contribute to a 1% increase in the country's GDP. Therefore, for 2025, the central bank aims for a credit growth target of around 16% to contribute to the economic growth target of 8%.
Reference exchange rate continues upward trend
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,726 VND/USD on February 28, up 30 VND from the previous day.
Vietnam emerges as key hub for int’l textile manufacturers
Vietnam’s textile sector, comprising around 7,000 companies and over 3 million workers, dedicates 80% of its production capacity to exports and 20% to domestic consumption. The industry’s growth is supported by a well-developed logistics network, a skilled workforce, and a stable political environment.
