OVER VND77 TRILLION EARMARKED FOR HCMC PORT SYSTEM THROUGH 2030
The Ministry of Construction has approved a comprehensive development plan for HCMC’s seaport system through 2030, with total investment needs exceeding VND77 trillion to expand capacity, improve infrastructure, and support long-term urban growth. The HCMC seaport system will require 1,567 hectares of land by 2030.
TECHCOMBANK'S WEBINAR - US TARIFF BRIEFING - INSIGHT AND IMPACT ON VIETNAM
Time: 10:00 - 11:30, Tuesday, 15 Apr 2025
Platform: Online via Zoom
Language: Vietnamese, English (translation pool)
VIỆT NAM, CHINA ENHANCE BUSINESS CONNECTIVITY
In the first quarter of 2025, bilateral trade between Việt Nam and China reached US$51.2 billion, up 17.5 per cent year-on-year. China remains Việt Nam’s largest trading partner, while Việt Nam is among China's top six trading partners globally. Cooperation between Việt Nam and Chongqing has also seen positive developments, supported by strategic agreements at the central level and enhanced by trade infrastructure such as the Việt Nam–Chongqing–Europe rail corridor.
VIỆT NAM'S TRADE SHINES AS A PILLAR OF ECONOMIC GROWTH
Việt Nam's trade sector remains a key driver of economic growth, with total import-export turnover reaching an impressive US$163 billion as of March 15, up 12 per cent year-on-year. This robust performance, representing an increase of $12 billion compared to the same period last year, underscores the sector’s resilience amid ongoing global economic uncertainty.
AUTO SALES JUMP 47% IN MARCH
Vietnam’s auto market posted a strong performance in March, with total sales surging 47% over February to 31,750 units, according to the Vietnam Automobile Manufacturers Association (VAMA). Sales of locally assembled vehicles reached 14,887 units, up by 35% month-on-month, while vehicle imports soared by a robust 60% to 16,863 vehicles. This is one of the rare occasions where imported car sales outpace those of domestically assembled models.
VIETNAM HOLDS FIRM ON 2025 GDP GROWTH TARGET OF 8% OR HIGHER
The Government of Vietnam has reaffirmed its commitment to achieving a GDP growth rate of 8% or higher in 2025, with a strong focus on macroeconomic stability and restructuring. The Government on April 10 issued Resolution No. 77/NQ-CP in this regard following the monthly cabinet meeting for March and a teleconference with provincial authorities.
RETAIL SALES OF GOODS, SERVICES UP ALMOST 10% IN Q1
Total retail sales of goods and consumer service revenue in the first quarter of 2025 were estimated at VNĐ1.7 quadrillion (US$65.5 billion), up 9.9 per cent year-on-year, according to the General Statistics Office (GSO). GSO director Nguyễn Thị Hương stated that high domestic consumption demand during the holidays, such as Tết, as well as the significant number of international visitors to Việt Nam, are key factors contributing positively to the growth of the trade and service sector.
VN-INDEX JUMPS OVER 70 POINTS AS STOCKS HIT CEILING ON TAX RELIEF NEWS
Việt Nam’s stock market surged at the opening bell on Thursday, with the VN-Index leaping more than 71 points as investors cheered the latest announcement from US President Donald Trump, who declared an immediate 90-day delay and reduction of proposed tariffs on multiple countries, including Việt Nam. As of 9:20am, the VN-Index had gained over 72 points, marking a 6.5 per cent increase.
