Vietnam Business News

Highlights of Business News in Vietnam

Vietnam Government has adopted action plan to bolster private economy development

The Government issued Resolution No. 139 to boost private sector growth by cutting 30% of administrative procedures, costs, and business conditions by 2025. It promotes digital transformation, shifts to self-declaration, and improves land access through policy reforms, rental incentives, and streamlined approvals.

Vietnam Government has adopted action plan to bolster private economy development Read More »

Vietnam reported trade surplus of US$3.79 billion

Vietnam reported trade surplus of US$3.79 billion in January–April period 2025

Vietnam’s trade turnover reached US$276.89 billion in the first four months of 2025, up 15.7% year-on-year, with a trade surplus of US$3.79 billion. Exports rose 13%, imports 18.6%, led by strong activity from both domestic and foreign-invested sectors. The U.S. remained the top export market, while China was the largest import source.

Vietnam reported trade surplus of US$3.79 billion in January–April period 2025 Read More »

Vietnam to be forecasted as Asia-Pacific’s fastest growing economy in 2026

Vietnam has been forecasted by The World Bank (WB) to lead the Asia-Pacific region in GDP growth with the growth rate of 6.6% in 2025 and 6.3% in 2026. Despite a slight downward adjustment for 2026, Vietnam is expected to outpace major regional economies such as the Philippines, Thailand, and China, driven by strong export capabilities and domestic demand. The World Bank also highlighted risks for the region.

Vietnam to be forecasted as Asia-Pacific’s fastest growing economy in 2026 Read More »

VIETNAM BUSINESS NEWS: Vietnam’s internet economy is expected to reach $36 billion in 2024

Vietnam’s internet economy projected to hit $36B this year, marking a 16% increase compared to 2023. Retail e-commerce continues to be a key pillar of Vietnam’s digital economy, contributing $22 billion to the country’s GDP, 18% higher than the previous year, accounting for 61% of the total size of the Internet economy.

VIETNAM BUSINESS NEWS: Vietnam’s internet economy is expected to reach $36 billion in 2024 Read More »

BUSINESS NEWS IN VIETNAM IN THE FORTH WEEK OF OCT2024

Following are the highlights of Business News in the forth week of October 2024: Chinese e-commerce platform Temu operates in Vietnam without license; Ho Chi Minh City launches new innovation ecosystem for businesses; Land on downtown Ho Chi Minh City streets priced at $27,000 per sqm; and the last news is Vietnam Stock Market that closed in red as global shares headed for weekly loss.

BUSINESS NEWS IN VIETNAM IN THE FORTH WEEK OF OCT2024 Read More »