Vietnam News Economy

In the face of the US announcing a 46 per cent tariff on Vietnamese goods, including seafood products, Cà Mau Province has proactively reviewed and assessed the impact of the levy on this industry, ensuring that the production chain, especially shrimp exports, is not disrupted.

In early 2025, Việt Nam’s automotive industry recorded strong momentum. Alongside the surge in vehicle output, several international brands announced plans to establish factories in the country.

The primary reason for this downturn appears to be the country’s stringent listing requirements, which, while aimed at maintaining market stability and protecting investors, have also made it difficult for companies, especially in the technology sector, to go public, said experts.

Economists and trade experts call for a national-level trade risk management system to help the government and enterprises cope with economic turbulence.

Preliminary conclusions from the European Commission state that the dumping margins for Vietnamese companies range from 0 to 12.1 per cent.

Developed by LKVN Herbal JSC, the facility spans nearly 1.5ha in Ninh Sơn District's Quảng Sơn Industrial Cluster.

Export industry associations are advised to work closely with regulatory bodies to stay abreast of changes in international trade policies and market movements.

US Treasury Secretary Scott Bessent confirmed that the US administration had appointed him as the chief negotiator for discussions with Việt Nam.

In the first quarter of 2025, bilateral trade between Việt Nam and China reached US$51.2 billion, up 17.5 per cent year-on-year.

The first cooperative was established in the Việt Bắc base area in 1948 following President Hồ Chí Minh's call, marking the birth of Việt Nam's collective economic sector.

FPT Long Chau Pharmacy and Vaccination Centre on April 10 was honoured “Digital Innovation of the Year” at the 2025 Healthcare Asia Pharma Awards in Kuala Lumpur.

While the transition to more environmental-friendly business practices might be a breeze for large enterprises, millions of small businesses and farmers struggle to get access to credit to carry out the transformation.

Việt Nam's robust performance, representing an additional US$12 billion by March 15 compared to the same period last year, underscores trade's resilience amid global economic uncertainties.

Covering an area of more than 27,100 hectares, the zone has five main functional areas: a port area, an industrial area, a non-tariff area, an urban area and a tourist site.

The stock market staged a strong recovery, regaining the crucial 1,200-point level and bringing overwhelming relief to investors.

Experts explored the root causes behind both the successes and failures of Việt Nam’s bank restructuring efforts, while proposing practical measures to enhance their effectiveness going forward, at a seminar in HCM City on April 11.

This year’s Whitebook marks a shift toward strategic alignment and cross-sectoral cooperation in pursuit of a greener and more resilient Vietnamese economy.

Việt Nam is the world's third-largest textile and garment exporter, with an export value reaching US$44 billion in 2024, while India is a leading supplier of raw materials, particularly cotton and cotton yarn.

The commercial banks said they will participate in the package to show the proactiveness and determination of the sector in supporting businesses and promoting economic growth.

The US accounts for a significant share of the total export turnover of many foreign-invested (FDI) technology enterprises in Việt Nam.