Business News

These criteria assess the impact of foreign investment on economic development, considering factors such as capital, growth, operational performance, technology, tax contributions, spillover effects, and links to domestic enterprises.

A report by market research firm Statista highlights that Vietnam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki. Shopee leads with a commanding 67.9 per cent market share, followed by TikTok Shop 23.2 per cent, Lazada 7.6 per cent, and Tiki just 1.3 per cent.

Vietnamese enterprises shall be entiled to get financial support worth up to VND10,000 billion from state budget to build the first semiconductor chip plant in Viet Nam.

Vietnam targets raising the export value of wood and timber products to $18 billion in 2025 from $16.25 billion last year, according to the Ministry of Agriculture and Rural Development (MARD). The target was set with markets like the US, China, Japan, South Korea, and the European Union all recovering, thereby boosting purchasing power.

With the current exemptions coming to an end this month, the Ministry of Finance supports continuing a reduction in registration fees for all electric cars from March 1.

The Ministry of Industry and Trade (MoIT) issued a legal support plan for small- and medium-sized enterprises (SMEs) in 2025 to provide information, advice and disseminate laws to businesses.

Việt Nam considers the implementation of the circular economy an interdisciplinary task and a shared responsibility of society, requiring the involvement of all levels of government, ministries, local authorities, organisations, and individuals.

The Vietnamese real estate market is on the brink of substantial growth this year, driven by a new legal framework, increased foreign direct investment (FDI), improved infrastructure, and a welcoming investment climate.