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Group 5 non-performing loans (NPLs) at most listed banks in Vietnam have surged sharply as shown in the fourth-quarter 2024 financial reports. Only three banks reported a decline in Group-5 bad debts in 2024.
Many large corporations have reported satisfactory business results for 2024, including gold traders, retailers, realtors and financiers.
With ambitious economic goals, the government is focusing on public investment, exports, and institutional reforms while navigating global uncertainties.
Amid Temu’s temporary suspension in Vietnam, e-commerce experts recommend that authorities require the platform to disclose refund details and set clear timelines for unresolved cases.
The U.S. government's decision to impose a 25% tariff on imported steel sent shockwaves through Vietnam’s steel industry, causing Hoa Phat Group chairman Tran Dinh Long to lose $80 million in a single trading session.
Techcombank employees make nearly USD 2,000 per month on average, while some smaller banks pay less than USD 800.
Pork prices in Vietnam have hit their highest level in three years, driven by a temporary supply shortage and increased consumer stockpiling around the Lunar New Year.
With luxury apartment prices hitting record highs, Ho Chi Minh City's property market is witnessing an influx of high-end developments, signaling renewed investor confidence.
The latest labor market report reveals significant salary variations, with FDI enterprises offering the highest wages, while private and state-owned businesses maintain moderate pay scales.
In a bid to regulate the real estate market, the Ministry of Finance is studying a new tax structure that would impose higher rates on short-term property transactions and lower rates for long-term holdings.
Vietnam’s rice industry has gone beyond quantity, focusing on quality and sustainability. The shift has brought higher prices, international recognition, and greater income for farmers, marking a historic year for the sector.
The Ho Chi Minh City Real Estate Association (HoREA) has proposed that the State Bank of Vietnam establish a loan program for young people aged 18-45 to buy their first home with a commercial interest rate of 6-7% per year.
The National Assembly is set to review a resolution allowing the two largest cities in Vietnam to implement special financial and administrative policies to fast-track metro system development.
Vingroup, FPT, and MWG are sitting on unprecedented cash reserves - are they gearing up for major deals, or playing it safe amid economic uncertainty?
While China remains a significant supplier, recent trade data highlights Vietnam’s efforts to diversify supply to meet industry demands.
Growth is expected to moderate from 7.5 per cent year-on-year in H1 to 6.1 per cent in H2, driven by increased business activity and sustained foreign investment.
The combination of sustainability and culture will open up more opportunities for Vietnamese textile enterprises to strengthen their position in the global market and capture the promising Nordic fashion market.
Exporters were advised to make full use of FTAs, tap into niche markets, and seize new opportunities to overcome challenges in an increasingly unpredictable global trade landscape.
By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year.
The used car market in 2025 is set to experience intensified competition, according to market experts.