Vietnam News Economy

Agricultural machinery exhibition AGRITECHNICA ASIA, which debuted in Thailand last year, will be held in in HCM City from March 12 to 14, showcasing innovations that could help Southeast Asian farmers increase productivity and resilience in a rapidly changing agricultural landscape.

The Lao Government and Chitchareune Construction Co Ltd on Wednesday signed an agreement to develop a 1,200 MW wind power plant in Nong District, Laos’ Savannakhet Province which aims to supply electricity to Việt Nam from late 2027.

Hà Nội is increasingly becoming an attractive destination for foreign workers, a trend that is set to accelerate as more opportunities for housing ownership open up.

According to data from nearly 1,100 listed companies, the net profits for Q4 2024 surged by 27.8 per cent year-on-year.

To meet the ambitious economic growth target of 8 per cent or more in 2025, experts emphasise the need to reduce business regulations and eliminate procedural barriers that hinder operations.

Việt Nam’s housing market is facing pressure with soaring prices, making HCM City and Hà Nội, the country’s two business and financial hubs, among Asia’s least affordable cities for homebuyers, according to a report by property consultancy CBRE.

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.

Việt Nam is also putting in place new regulations to simplify investment procedures and processes that are more facilitative and allowing foreign enterprises to arrive in Việt Nam to do business. and engage in long-term production.

Following this dividend issuance, SHB’s charter capital will rise to VNĐ40.6 trillion, reinforcing its position as one of Việt Nam’s five largest private banks.

The PM encouraged JBS S.A to expand its operations in Việt Nam, particularly in livestock farming, meat processing, industrial crops, and coffee processing.

The MSC vessel’s arrival at Phước An marks the start of a new flow of goods in Đồng Nai Province.

"Việt Nam stands ready to maintain exchanges with the US in a constructive and cooperative manner, so as to continue to update each other with relevant information, enhance mutual understanding and address any outstanding issues," the foreign ministry spokeswoman said.

The Culture, Tourism and Trade Promotion Week of Hải Dương Province in 2025 which was opened at the special national relic area of ​​Côn Sơn – Kiếp Bạc in Chí Linh City, Hải Dương Province on February 13.

The workshop, which was held on the sidelines of the Artificial Intelligence (AI) Action Summit in Paris, brought together leaders of economic development agencies, economic experts and nearly 200 representatives from businesses in France and Southeast Asia, including Việt Nam's FPT Software.

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.

The southern province of Bình Dương is committed to improving its investment climate to remain an attractive destination for domestic and foreign investors, a provincial official said.

The total market sales in January 2025 reached 18,893 vehicles, a significant drop from the previous month, according to the latest report from the Vietnam Automobile Manufacturers Association (VAMA).

The Southeast Economic Zone in Nghệ An Province is expected to generate 40,000 new jobs and contribute at least VNĐ3 trillion to the State budget.

Financial expenses surged 67.7 per cent to nearly VNĐ2 trillion, while financial income dropped 61 per cent to VNĐ288 billion, causing after-tax profit to plummet from VNĐ641.2 billion to VNĐ8.9 billion, reflecting growing financial strain.