Business News

The tourism sector is showing strong momentum, driven by favourable visa policies, improved infrastructure and strategic marketing efforts by both authorities and businesses, a conference has heard. The biannual conference on the real estate and hospitality sectors “Meet The Experts,” held in HCM City on Tuesday, brought together over 700 representatives from real estate developers, hotel owners, architects, design consultants, project consultants, hotel operators, and industry experts.

Major players in the information communication technology and consumer electronics (ICT and CE) market are aiming high in 2025 by building on the back of their 2024 performances with distinct growth strategies. FPT Retail, the retail arm of tech giant FPT Corporation, Mobile World Investment Corporation (MWG), and Digiworld Corporation are prominent representatives with unique strategies designed to capitalise on opportunities and overcome challenges.

Việt Nam is set to rank among the world’s 30 fastest-growing economies in both trade-growth speed and absolute volume increase by 2030, according to a forecast by German logistics provider DHL. The Business Times cited DHL’s latest report as saying that Southeast Asian countries are set for accelerated trade growth over the next five years, with Việt Nam, Indonesia and the Philippines expected to rank among the world’s 30 fastest-growing economies in both trade-growth speed and absolute volume increase by 2030.

Việt Nam exported 309,505 tonnes of coffee, earning approximately US$1.72 billion in the first two months of this year, according to the Department of Customs. Nguyễn Đức Dũng, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Việt Nam's coffee export value increased by over 37 per cent during this period, though its export volume decreased by 22 per cent.

We are thrilled to inform the members of HKBAV of the grand opening of our new Branch in Causeway Bay, Hong Kong. Our Causeway Bay Branch strategically locates in the heart of Hong Kong’s iconic shopping and business district, blending technology with bespoke financial solutions to redefine wealth management. As part of our ongoing commitment to strengthen service networks across Hong Kong’s core areas, this new Branch marks a significant milestone in our digital financial innovation journey, and underscores our vision to deliver tech-driven experiences tailored to the evolving needs of all customers. 

Foreign direct investment (FDI) in Vietnam reached 6.9 billion USD in the first two months of 2025, marking a 35.5% year-on-year surge, according to the Foreign Investment Agency under the Ministry of Finance.

Vietnam has set an ambitious export target of 454 billion USD for 2025, a 12 per cent year-on-year increase, despite recent signs of deceleration in exports due to global economic pressures. Many experts believe that achieving this goal will require decisive actions from regulatory bodies and extraordinary efforts from businesses to overcome obstacles.

Vietnam’s economy continues into 2025 with a mix of optimism and challenges. The government has raised the 2025 growth target to 8%, showing strong confidence, but independent forecasts remain more cautious, expecting growth in the 6-7% range. While public investment and supportive policies are driving growth, Vietnam still faces hurdles such as financial risks, infrastructure gaps, and skill shortages. Addressing these structural issues will be crucial for long-term expansion.