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Binh Duong Provincial People’s Committee, Becamex IDC Corporation, the World Bank (WB) and relevant units held a workshop to kick off a feasibility study of the Eco-Industrial Park on February 14 in the province.
The auction is expected to take place in the first quarter of 2025, with an initial price of over VNĐ68.1 billion and a 10 per cent deposit required for participation.
Despite fluctuations over the past week, the VN-Index managed to sustain its uptrend but has yet to decisively break through the 1,280- to 1,300-point resistance zone.
Vietnam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
The Commercial Counsellor and Head of the Vietnam Trade Office in the US pointed out that US producers have yet to meet domestic steel demand fully, leaving room for Vietnam’s exported steel and aluminium products in the market.
VN steel and aluminum products are renowned for their competitive prices and high quality, offering significant value to the US economy by helping curb inflation and fostering stronger bilateral trade ties, a point echoed by many importing nations.
Vietnam Maritime Corporation is emerging with a market capitalisation exceeding 100 trillion VND (3.9 billion USD).
Bad debts of commercial banks in Vietnam as of December 31, 2024 hit more than 733.9 trillion VND, an increase of 3.4% compared to the end of 2023, according to the State Bank of Vietnam.
Choi Joo Ho, General Director of Samsung Vietnam, was commended for his efforts in expanding Samsung’s investment in Vietnam, significantly contributing to the country’s socio-economic development.
According to the recently-published report, which examines the gap between housing costs and income levels in major Asian cities, the two Vietnamese cities have even surpassed Singapore in the gap between housing prices and average income.
Profits of listed companies in Vietnam experienced robust growth in the fourth quarter (Q4) of 2024, marking the fifth consecutive quarter of growth.
In an era of globalisation and deeper integration, combining digital transformation with green transition is vital for the survival of businesses and the promotion of sustainable development around the world, said insiders.
Vietnam holds 7 billion cubic metres of peat across 36,000 hectares, with the Mekong Delta containing the largest deposits.
Vietnam now ranks third in Southeast Asia for international arrivals, surpassing Singapore’s 16.5 million visitors, and trailing only Thailand (35 million) and Malaysia (24.5 million).
The government has approved the expansion of the HCMC - Trung Luong - My Thuan Expressway, with construction set to begin in the second quarter of 2025.
At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
The Vietnam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
According to Savills Vietnam, a more favourable real estate investment environment is expected in 2025 as cyclical challenges subside and the market continues its recovery.
Polytex Far Eastern Vietnam asked for the locality's support to finalise land-use rights certification for its 2.63-hectare dormitory, and assistance in more convenient power supply.
With shifting US policies and potential trade risks, Vietnam must take proactive steps to build trust with Washington. Dr. Vu Thanh Tu Anh outlines key measures to secure Vietnam’s recognition as a market economy and avoid economic setbacks.