FOREIGN INVESTORS REINFORCE LARGE-SCALE INVESTMENTS IN VIETNAM
Foreign investors are reinforcing their investments in both industrial infrastructure and large-scale projects, showing that Vietnam remains an attractive destination. In late April, Thanh Hoa People's Committee gave in-principle approval for the $115.8 million Thang Long Thanh Hoa Industrial Park (IP) for Sumitomo Corporation.
VIETNAM POISED TO LEAD IN CIRCULAR TEXTILES WITH SYRE
On April 25, Syre signed an MoU with the south-central province of Binh Dinh, which lays the groundwork for establishing Syre’s first giga-scale recycling plant in the province. This follows Syre’s $100 million Series A funding round in 2024, during which Vietnam was shortlisted for its strategic position within the textile supply chain, a vibrant industry history, and access to know-how.
INDUSTRY AND TRADE SECTOR PROMOTING GREEN AND SUSTAINABLE ECONOMY
Not only obtaining high growth and impressive trade surplus and asserting its leading position in economic development, the industry and trade sector of Hai Phong City has also made breakthroughs with solutions on digital transformation, green transformation and circular economy in recent years, thus gradually helping concretize the city’s comprehensive development goals based on a green and sustainable economy.
AGRO-FORESTRY-FISHERY TRADE SURPLUS $5.2 BILLION IN FOUR MONTHS
The agricultural, forestry and fisheries sector posted a US$ 5.18 billion trade surplus in the first four months of 2025, a year‑on‑year drop of 4.1 per cent, the Ministry of Agriculture and Environment (MoAE) announced on Monday. Exports reached $21.15 billion while imports stood at $15.97 billion during the period, reported Trần Gia Long, deputy director of the ministry’s Planning and Finance Department.
PAMPER YOUR BELOVED MOM WITH EXQUISITE CULINARY JOURNEYS
Cause Mom deserves nothing but the best, let make her feel cherished this Mother’s Day with an exquisite culinary journey to show her just how much she means to you. Surprise your Mom with Reflections crafted exquisite 5-course menu to celebrate her in the most special way at Reflections Restaurant. Or inviting her to embark on a delightful Buffet Brunch or an enchanting Seafood Buffet Dinner at Buffet NINETEEN this Mother’s Day.
STOCK MARKET STARTS OFF MAY ON A POSITIVE NOTE AS KEY STOCKS GAIN POST-HOLIDAY
Việt Nam’s stock market opened May on a positive footing, with the VN-Index reclaiming the 1,240-point threshold despite low liquidity and cautious sentiment. The recovery was driven largely by gains in key large-cap stocks, particularly those under the Vingroup ecosystem. The session on May 5 also marked the first trading day operating under the new KRX system, aimed at modernising Việt Nam’s market infrastructure.
VIỆT NAM’S TEXTILE AND GARMENT INDUSTRY ACCELERATES EXPORTS
Việt Nam’s textile and garment industry is pressing forward with steady growth and enhanced positioning in the global supply chain, thanks to timely strategies in response to ongoing international challenges. As of April 15, Việt Nam’s total textile and garment export turnover reached US$1.8 billion, representing an 8.7 per cent increase compared to the same period in 2024.
PRIVATE ECONOMY DEFINED AS MOST IMPORTANT DRIVING FORCE
On behalf of the Politburo, General Secretary To Lam has signed Resolution No. 68-NQ/TW on development of private economy. Under the Resolution, private economy is defined as the most important driver of the national economy and the pioneering force in science and technology development, innovation and digital transformation.
