Industrial production up

Industrial production increases in January

Industrial production value increased by 28.4 percent in January to 62.79 trillion VND as a result of the country’s economic recovery.
The industrial production valueincreased by 28.4 percent in January to 62.79 trillion VND as a resultof the country’s economic recovery, said Deputy Minister of Industryand Trade Bui Xuan Khu.

The non-state economic sector maintained the highest growth rate of31.1 percent. It was followed by the foreign-invested sector with arise of 29.1 percent and the state-owned sector with 23.1 percent.

Electricity, coal, fuel and clothing experienced a sharp rise in production, Deputy Minister Khu added.

He noted Da Nang city, Vinh Phuc, Phu Tho, Binh Duong and Quang Ninhlead in terms of growth rate of industrial production value amonglocalities. They posted growth rate ranging between 46.6 and 92.7percent.

According to the Deputy Minister, economic stability stirred investmentin construction causing an increase in construction materials. Cementvalue rose 91.5 percent and steel up 61.5 percent.

The apparel industry also encountered advantages in January with more contracts for exports and domestic consumption.

To maintain the growth rate in February, the Ministry urged businessesto rearrange production and renew methods of management and promoteproduction of materials for export and supporting items./.

See more

The first months of 2025 have seen increases in both new business registrations and firms returning to the market. (Photo: VNA)

Vietnam’s reform efforts boost business confidence: Official

The first quarter of this year saw the registration of 36,400 new businesses, on par with 2024 but up around 1.2 times compared to same time in the 2017–2023 period. Notably, the amount of newly-registered capital also rose by about 1.5% year-on-year.

At a WTO committee's meeting (Photo: VNA)

Vietnam attends WTO meetings on trade defence

The World Trade Organisation (WTO) committees on trade defence held a series of meetings from April 28 to May 1, the Permanent Mission of Vietnam to the United Nations, the WTO, and other international organisations in Geneva, Switzerland, announced on May 6.

Sunjin AT&C Vina Co., Ltd., a 100% Korean-invested enterprise located in the Chan May – Lang Co Economic Zone, Hue City, specialises in the production of knitted textile products for export. (Photo: VNA)

FDI inflow into Vietnam surges by nearly 40% in four months

While newly-registered capital declined by 23.8% to 5.59 billion USD, additional capital injections into existing projects increased nearly 3.9 times to 6.4 billion USD. Capital contributions and share purchases in the four months reached 1.83 billion USD, or a 2.1-fold increase year-on-year.

At the exclusive meeting to seek solutions to the US's new tariff policy, chaired by PM Pham Minh Chinh in Hanoi on May 6. (Photo: VNA)

Vietnam-US trade negotiations must ensure mutual benefit: PM

This marks the 7th time the Government leader has chaired an exclusive meeting to seek solutions to the US's new tariff policy, following key directives from the Party Central Committee, the Politburo, and Party General Secretary To Lam.

People shop at a supermarket in Hanoi (Photo: VNA)

Vietnam's CPI inches up 0.07% in April

In April, prices rose in eight out of 11 groups of main consumer goods and services, two groups saw price declines, and one remained unchanged.

Chairman of the Bac Ninh provincial People’s Committee, Vuong Quoc Tuan (third from the right), visits the workshop of the Hanel Production, Processing and Import-Export Joint Stock Company (Hanel PT) on May 5. (Photo: VNA)

Bac Ninh reserves industrial land for private tech firms

Bac Ninh is working to support domestic private sci-tech enterprises in accordance with the Party Central Committee's policy, with the goal of making the province a role model in promoting and assisting the private sector.

People go shopping at Aeon Mall Binh Duong. (Photo: VNA)

Japanese retailers step up business activities in Vietnam

Aeon – Japan's largest retail group – plans to increase the number of hypermarkets, also known as "Super Supermarket (SSM)" and general merchandise stores (GMS) in Vietnam from 12 as of February 2025 to about 100 stores by 2030. Another large Japanese group, Sumitomo, also aims o open supermarkets in Vietnam, with about 10 stores per year.