Vietnam

Vietnam's automobile industry to face multiple challenges in 2025

The Ministry of Industry and Trade has forecast that Vietnam's automobile market could grow by approximately 12% in 2025, with sales expected to reach 600,000 units. However, the influx of completely built-up (CBU) imported vehicles is likely to exert significant pressure on the domestic automobile industry.

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Ba Ria - Vung Tau to develop international port worth nearly 230 million USD

Deputy Prime Minister Tran Hong Ha has approved adjustments to the investment policy for the My Xuan International General Port project, which was previously the Vinalines Ship Repair Factory. The project will be undertaken by QTM International Port Joint Stock Company.

Vietnam's digital tech sector boasts nearly 74,000 companies


As of late 2024, Vietnam had 73,788 digital technology enterprises, marking a 10.1% increase from the same period in 2023. Nearly 1.26 million workers are employed in the Information and Communication Technology (ICT) sector.
Viettel enjoys double digit growth, contributes over VND 42 trillion to State budget

PANO - The Military Industry-Telecoms Group (Viettel) on January 3 held a politico-military conference, emphasizing its consolidated revenue in 2024 reaching VND 190 trillion, completing 103% of the plan, and its growth rate of 10.3% - the highest in the industry.

Viettel Aerospace Institute makes breakthroughs in hi-tech weapon research and manufacturing


PANO - Since its inception under the decision of the Minister of National Defense with just over 30 members ten years ago, Viettel Aerospace Institute (VTX), an affiliate of the Military Industry-Telecoms Group (Viettel), has developed into an organization with a strong contingent of cadres and scientists, researching, manufacturing, and producing a number of strategic weapons for the military and creating national miracles.
Vietnam-Singapore trade hits record high in 2024

Vietnam’s trade with Singapore hit an all-time high in 2024, surpassing 31.67 billion SGD (approximately 23.5 billion USD).

Vietnam’s export to Philippines tops 6 billion USD for first time


Vietnam’s trade with the Philippines has reached an impressive milestone, with turnover exceeding 8.6 billion USD in 2024, up 11% year-on-year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
European investment flows gain momentum in Vietnam

European investments are expected to pick up in Vietnam following Prime Minister Pham Minh Chinh’s engagement with Czech and Polish enterprises as part of his trip to Europe to attend the 55th Annual Meeting of the World Economic Forum.

Vietnamese economy on path to surpassing expectations: French paper


Vietnam’s economy, buoyed by optimistic growth forecasts and a proactive government, is on a path to surpassing expectations, according to France’s reportlinker.com on January 9.
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