Business News

Date: Thursday, 19 June 2025
Time: 9:00 AM – 5:00 PM
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Eleven new social housing projects were completed nationwide in the first quarter, adding 4,155 social housing units to the market, according to the Ministry of Construction. These projects account for 4.14% of the annual target set by the prime minister. In addition, construction permits were issued for eight more projects with a combined 12,650 units.

HCMC plans to develop 14 new industrial parks with a total area of 3,833 hectares from now until 2033. The HCMC Export Processing and Industrial Zones Authority (HEPZA), in coordination with Binh Chanh District, held a conference on May 9 to announce the city’s industrial park development plan for the 2021-2030 period with a vision to 2050, and investment attraction strategies for 2025.

Việt Nam’s economy continued to show resilience and dynamism in the first four months of 2025, maintaining its position among the world’s fastest-growing economies, despite heightened global uncertainties. With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8 per cent or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.

Two weeks ago, Japanese retailer AEON commenced the construction of AEON Hai Duong Shopping Centre, promising to bring a modern shopping space and enhance the experience for local consumers when it comes into operation in 2026. AEON Hai Duong is the first community shopping mall developed by the company in the northern region, with investment of approximately $47 million.

HCMC’s industrial production grew 7.9% year-on-year in the first four months of 2025, the highest growth rate since 2021, official data showed. According to the HCMC Statistics Office, the four-month growth was driven by businesses accelerating production schedules by up to 90 days to mitigate risks and tariff impacts, local media reported.

HCM City saw positive growth across many areas in April, especially tourism revenue, thanks to recent celebrations, according to a meeting to assess the city’s socio-economic achievements on Thursday. Lê Thị Huỳnh Mai, director of HCM City’s Department of Finance, said that the city’s retail sales and consumer service revenue in April increased by 20 per cent year-on-year.