Business News

The Ministry of Industry and Trade projected Vietnam's retail e-commerce market to exceed US$25 billion in 2024, a 20% increase from 2023, surpassing the US$22 billion forecast by Google, Temasek, and Bain & Company.

Vietnam possesses all five essential factors and conditions necessary to develop a modern financial market, paving the way for the establishment of a regional and international financial hubs.

Việt Nam’s stock market following the 2025 Lunar New Year (Tết Nguyên Đán) presents a complex landscape of risks and potential gains, driven by foreign capital inflows, economic resilience, and looming corporate bond maturity pressures, according to one securities expert.

With its strong growth rates and expanding infrastructure, Vietnam has positioned itself as an attractive destination for European businesses looking to expand in the region.

The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association of HCM City has said.

The Government's focus on achieving a GDP growth rate between 6.5 per cent and 7.5 per cent in 2025 underscores the critical role of electricity in sustaining industrial and economic activities.

As European unicorn Bolt explores a potential entry into Vietnam’s ride-hailing sector, the market is undergoing significant shifts, with local players Be and Xanh SM steadily gaining ground against Grab.

In 2024, Vietnamese investors launched 164 new projects and made 26 capital adjustments abroad. Vietnam’s total oversea investment reached nearly 665 million USD, up 57.7% compared to 2023.