GOODS TRADE VIA LÀO CAI BORDER GATES SURGES TO $240 MILLION IN MAY
Total value of exports, imports, and the exchange of goods through border gates in the north province of Lào Cai, which borders China's Yunnan province, reached US$240 million in May, up 29.63 per cent month-on-month, statistics show. Since the beginning of 2025, cumulative trade value through local border gates has approached $944.4 million.
INT’L STANDARD MANUFACTURING INFRASTRUCTURE: KEY TO VIETNAMESE ENTERPRISES TO ENTER GLOBAL SEMICONDUCTOR ECOSYSTEM
Vietnam's semiconductor industry is expected to generate around US$21 billion in revenue in 2025, up 18% from 2024. The country’s electronics and semiconductor sectors are entering a phase of strong growth, fueled by rising global demand, government support policies, and competitive advantages in workforce and geographic location.
ACCELERATING DIGITAL TRANSFORMATION WITH PIONEERING TELECOM INFRASTRUCTURE
Vietnam’s telecommunications sector will continue to play a key role in driving the digital economy, especially as technologies like AI, 5G, cloud computing and quantum computing become essential components of national development strategies. At the same time, building modern, green-certified data centers is among the top priorities.
INFRASTRUCTURE UNDERTAKINGS UNLOCKED VIA PRIVATE FUNDING
Last week, THACO Group expressed its desire to invest in the North-South high-speed railway. The company will contribute 20 per cent of the total capital, nearly $12.27 billion, through equity and legally mobilised domestic capital. The remaining amount, around $50 billion, will be borrowed from domestic and foreign credit institutions that the government guarantee and support all loan interest for 30 years, secured by assets formed from the project.
AI BECOMES LOGISTICS GAME-CHANGER
At a seminar on sustainable development of logistics in the 4.0 era in Hanoi at the end of April, organised by the Ministry of Industry and Trade (MoIT), Vu Khac Anh, director of cross-border e-commerce company Pervasel, said that his business currently processes around one million orders in the US market. “With a global operational scale, technology is indispensable in all aspects of management. From human resource management, advertising, logistics, to customer service, everything must be digitised,” explained Anh.
IMPORT-EXPORT BUDGET REVENUE HITS VNĐ182.52 TRILLION
The total budget revenue from import-export activities in the first five months of 2025 reached nearly VNĐ182.52 trillion (over US$7 billion), equivalent to 44.4 per cent of the annual estimate and up 9.2 per cent over the same period last year, according to newly released statistics from the General Department of Customs.
BORDER TRADE SURGES AS AGRICULTURAL PRODUCTS HIT PEAK HARVEST SEASON
The number of trucks arriving at border gate areas across the province has surged, ccording to the Đồng Đăng - Lạng Sơn Border Gate Economic Zone Management Board, in recent days. Over the past week, 12,857 vehicles carrying import and export goods cleared customs through Lạng Sơn's border gates, with no congestion reported. Of these, 3,681 were for export, an increase of 3.7 per cent compared to the previous week.
GOVERNMENT PROMOTES PRIVATE SECTOR INVESTMENT IN RAILWAY PROJECTS
The Vietnamese Government is seeking to attract more private investment in railway infrastructure through new provisions in the draft of the amended Railway Law. The proposed changes were presented to the National Assembly on May 27 during its 9th sitting, aiming to expand funding mechanisms and boost public-private partnerships in the sector, reported the Government news site.
