Business News

Co-hosted by HKBAV and Long Hau Industrial Park, the event offers enterprises an opportunity to explore investment-ready locations featuring well-developed infrastructure and cost-efficient solutions. It also aims to foster cross-sector connections and partnerships, particularly in logistics, garment manufacturing, and food processing, between HKBAV members and the thriving community of over 200 businesses operating within Long Hau Industrial Park.

Warm greetings from Vietnam Software & IT Services Association (VINASA)! This September, we continue to organize the biggest event of VINASA in Ho Chi Minh City, we cordially invite Leaders of HKBAV & members of HKBAV to participate in TECH4LIFE Expo & Summit 2025 (https://tech4life.vn/) with the theme “Enhance Life with Technologies”.

Vietnamese equity mutual funds have swung into positive territory amid the VN-Index’s recent recovery. After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.

Global tech giant Qualcomm has just launched an Artificial Intelligence (AI) Research & Development (R&D) centre in Việt Nam, which is expected to help position Việt Nam as a leading AI R&D hub in the region and the world. Deputy Minister of Finance Lê Tấn Cận called this event a “significant milestone” that marks a new phase of cooperation between Qualcomm and Việt Nam in the field of AI.

The European Union is increasing imports of fruit from Việt Nam, with the export of mangoes, pineapples, coconuts and pistachios registering growth of 41-200 per cent in the first four months of this year. Data from the General Department of Customs showed that Việt Nam’s fruit and vegetable exports to the EU totalled US$132 million from January to April, up 33 per cent year-on-year.

The Government has decided to establish a free trade zone (FTZ) in the central city of Da Nang, the first of its kind in Viet Nam. Covering an area of around 1,881ha, the FTZ features functional areas covering production-logistics, trade-services, digital technology industries, innovation. The FTZ is designed to bolster the development of high-tech industries, innovation and digital transformation in the central city.

Vietnam’s economic performance in May remained solid, even as the country continued grappling with external headwinds, particularly the U.S. tariff situation. Nevertheless, key indicators point to the underlying resilience of Vietnam’s economy. Total registered FDI rose 51% year-on-year, trade turnover increased by nearly 16%, and Vietnam maintained a healthy trade surplus of USD4.6 billion.

The National Assembly passed the Law on Digital Technology Industry at its ongoing 9th sitting held in Ha Noi on Saturday. With this move, Viet Nam has become the first country in the world to enact a standalone law specifically dedicated to digital technology industry, according to the Ministry of Science and Technology whish is responsible for drafting the law.