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Hanoi offers high-end apartments for foreign ownership amid growing demand

Hanoi has announced five residential projects that allow foreign ownership, with prices between 60 and 100 million VND ($2,500 - $4,200) per square meter.

Despite high production, Indonesia spends $625 million on Vietnamese rice

Indonesia plans to import 3.6 million tons of rice this year, with Vietnam as its largest supplier.

Vietnam's foreign debt remains manageable despite low disbursement rates

The disbursement rate for foreign-funded projects in Vietnam has reached only 24.33% of the Prime Minister's target in the first nine months of 2024.

Vietnam's steel giant Hoa Phat surges in 2024, achieving impressive growth

Hoa Phat Group, the largest steel producer in Vietnam, has bounced back in 2024 with a substantial 51% increase in quarterly profit, completing 92% of its annual profit target.

Increase in electricity prices concerns manufacturer

The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.

Vietnam initiates 29 trade defence investigations

Vietnam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately 1.5 trillion VND (60.4 million USD) a year.

Business etiquette training in Vietnam sees surge

Business etiquette courses, still a relatively new concept in Vietnam, are gaining traction as companies invest heavily to elevate their staff’s interpersonal skills.

Vietnam’s overseas investment declines in nine months

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

One fifth of State-owned enterprises report losses in 2023

A total of 134 out of 671 State-owned enterprises had reported cumulative losses amounting to 115.3 trillion VND (4.6 billion USD) in 2023.

Vietnam needs to diversify supply chains for sustainable growth: economists

In addition to diversification efforts, improving resilience to natural disasters is also a key factor in Vietnam's sustainable development strategy.

Loc Troi’s financial troubles: Was former CEO Duy Thuan the turning point?

Loc Troi, a company that dominated the agricultural industry for decades, is now reeling from financial losses, risky strategies, and an investigation into former CEO Nguyen Duy Thuan, who faces accusations of misconduct.

Binh Dinh invites investment in agriculture, industry, logistics, and technology

Binh Dinh province is calling for investments in seven key sectors, including information technology, manufacturing, tourism, and logistics, as part of its sustainable development plan.

VN's bird-watching tours attract high-spending tourists from around the world

Bird-watching tours in Vietnam are drawing affluent tourists from the U.S., Europe, and Asia, willing to spend thousands of dollars for a chance to photograph rare bird species.

Hot-rolled steel imports to Vietnam skyrocket, China dominates market

Vietnam imported 1.2 million tons of hot-rolled coil steel in September, despite an ongoing anti-dumping investigation by the Ministry of Industry and Trade.

Businesses drive sustainability for a net zero future

Many large private enterprises have proactively transformed their operations, investing boldly in new industries and pioneering innovative business models onfocused sustainability and the circular economy.

FDI, import/export sectors are brightest spots in economy in 9 months

Minister of Planning and Investment Nguyen Chi Dung has reported a strong socio-economic recovery in the first three quarters of the year with 14 out of 15 major factors meeting or exceeding targets.

Nearly 13,000 smuggling and fraud cases uncovered in nine months

The General Department of VN Customs detected 12,949 cases of smuggling, trade fraud and illegal transportation of goods in the first nine months, with an estimated value of seized goods VNĐ23.7 trillion (US$ 955.8 million).

Hanoi and Saigon Railway transport companies set to merge this year

The newly approved plan for managing and exploiting State-owned railway infrastructure is key to enhancing and boosting the performance of the Việt Nam Railway Corporation (VNR).

Banks reduce profit expectations for 2024

A majority of banks have lowered their profit expectations for 2024.

VN to focus on improving legal framework for digital technology export

The ministry is speeding up the compilation of the Law on Digital Technology Industry, which aims to create a favourable environment for digital technology companies to make breakthroughs and expand their international reach.