Vietnam News Economy

Practical experiences and lessons learnt helping startups to overcome challenges, developing brands and improving competitiveness were shared at the Shark Tank Forum 2025 entitled “Sustainable Growth: Riding the investment wave in the green era”, which was organised in HCM City on Wednesday.

The central city officially opened the newly-built Đà Nẵng Software Park No 2 to provide working space for 6,000 IT engineers and investors in semiconductor and AI industries and micro chip design.

The project will span more than 200 hectares and cost over VNĐ2.25 trillion (US$88.6 million).

The capital city aims to associate at least three craft villages with tourism and form 10 tourism routes for craft village experiences by 2030.

Market breadth remained positive, with 185 rising stocks surpassing 99 decliners. Trading liquidity increased slightly to approximately VNĐ13.3 trillion ($523.3 million), with nearly 520 million shares traded.

A meeting was held in Algeria to discuss measures to boost bilateral cooperation in the future.

The Ministry of Industry and Trade has instructed departments and agencies to ensure an adequate supply of goods during Tết.

The Government leader orders ministers, heads of sectors, and chairs of the People’s Committees across the country to ensure that the market develops in a safe, healthy, and sustainable fashion.

The rapid proliferation of advanced artificial intelligence systems has forever changed every aspect of life.

2025 is pivotal for laying the foundation for Việt Nam's double-digit growth plan (2026-2030) and concludes the 2021-2025 development plan, with industry leaders sharing insights on economic prospects and investment trends.

On 30 November 2024, the National Assembly adopted the new Electricity Law with effect on 1 February 2025 comprising 130 articles, seeking to ensure energy security and achieving net zero emissions by 2050 by overcoming investment barriers in the energy sector. Việt Nam News correspondent Thu Ngân asks Nguyễn Mai Phương, Counsel of Asia Counsel Vietnam Law Company Limited,  about the significant changes to the law and how they will impact foreign investments in the sector.

The Government wanted 15 per cent of the total population to have taken out life insurance, with the average premium as per GDP ratio at 3.5 per cent by 2025.

Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth, according to investment management firm VinaCapital.

Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn said this remittance level is equivalent to 2023, when remittances reached a record high post pandemic.

Market breadth was decidedly positive, with 229 advancing stocks far outnumbering 85 decliners. Liquidity on the southern bourse improved to VNĐ10.4 trillion (over US$409.1 million), representing a 22.3 per cent increase compared to the previous session.

Secretary-General Tô Lâm said technology plays a key role in economic and social development and that digital transformation has become a matter of urgency to realise the Southeast Asian country’s vision to improve productivity, foster innovation and enhance living standards.

Vietnamese top diplomat hoped Makara Capital will accompany Đà Nẵng and Việt Nam in the process of perfecting the institutional framework and developing the financial centres.

As of November 2024, Russia had 199 investment projects in Việt Nam, with a total registered capital of approximately $990 million.

Highlighting the broader significance of the project, he stated that nuclear technology represents a key area of innovation for Việt Nam’s peaceful development.

Property developer Novaland (stock code: NVL) has rejected rumours that its chairman has resigned, saying such claims are "fabricated and misleading."