SUGAR FIRMS EYE SWEET SEASON AHEAD
Sugar firms are accelerating efforts to avail market opportunities as sugar prices continue to rise amid concerns of a sharp global supply shortage. Nguyen Duy Thanh, deputy general director of sugar major Lam Sơn Sugar JSC (Lasuco), revealed that the company is processing 7,200 tonnes of sugarcane per day, equal to 400 tonnes of raw sugar, achieving a daily output of approximately 1,100 tonnes. “The company’s production is now at peak time,” said Thanh.
TEXTILE AND GARMENT SECTOR SEES EXPORT GROWTH
The domestic textiles and garment industry is witnessing a surge in export orders in 2025, driven by a positive economic outlook and competitive advantages, positioning the country as a key player in the global market.
CRITERIA FOR EVALUATION OF FDI EFFICIENCY IN VIETNAM ISSUED
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.
ONLINE SALES DRIVE BUSINESS SUCCESS TO NEW HEIGHTS
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.
A BOOST FOR SEMICONDUCTOR CHIP MANUFACTURING ENTERPRISES
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.
EXPORT TURNOVER OF TIMBER AND WOODEN PRODUCTS REMAINS ON STRONG FOOTING
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.
E-CARS SET FOR NEW FEE EXEMPTIONS
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.
LARGE BANKS STEP UP FOREIGN CAPITAL ATTRACTION
Experts forecast that this year, banks will race to increase their charter capital in order to improve capital adequacy ratios and meet the capital needs for high credit growth.
