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Vietnam’s banking sector reached new heights in 2024 as 26 banks reported total customer deposits exceeding $507 billion, marking a 12.89% increase from the previous year.
With rapid digital transformation, online sales channels are becoming an essential strategy for businesses aiming to thrive in an increasingly competitive market.
The highest winning price at the latest land auction in Tan Phu commune in Quoc Oai district in Hanoi was VND76.6 million per sq m, down VND18 million, or 20 percent, from the figure in November 2024.
Global gold prices have reached new record highs, sending shockwaves through the domestic market. Investors are eager to know how high gold can climb in this volatile environment.
China continued to be Vietnam’s largest export market for cassava and cassava products in 2024, according to data from the General Department of Customs.
Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thai Binh province in the first half of 2025.
Rubber prices stayed high in the final months of last year based on limited global supply and high demand, according to Deputy General Director of the Mercantile Exchange of Vietnam Nguyen Duc Dung.
The post-Tet stock market in 2025 presents a complex landscape, with both opportunities and challenges.
More than 87% of Vietnam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95% of transactions through digital channels.
Seven foreign-invested projects, with a total registered capital of $1 billion in the southern province of Binh Duong have been granted in-principle approval and investment certificates at a recent meeting held by the provincial People's Committee.
Vietnam’s top real estate executives are earning salaries in the billions, yet some have faced financial woes, forcing them to lend money to their firms.
According to the Vietnam Maritime Administration, the total cargo volume through the nation's port system reached approximately 864.4 million tonnes, up 14% year-on-year. Container throughput was estimated at 29.9 million TEUs, reflecting a 21% rise.
The Ministry urged labour agencies to strengthen monitoring of supply-demand trends and expand online job-matching platforms across provinces to fill the forecast labour gaps in the first quarter.
In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced various tax relief programmes for 2025, with reductions and deferral measures aimed at stimulating economic growth.
Vietnam has six billionaires after chairman of Masan Group Nguyen Dang Quang rejoining the Forbes’ latest list of the world’s richest individuals.
The project's primary goal is to enhance the offshore aquaculture in Khanh Hoa province by improving productivity, adding value to the sector, and raising the income of local fish farmers and other stakeholders.
Vietnam shipped nearly 51.7 billion USD to the European Union in 2024, marking an 18.5% increase, equivalent to an additional 8.08 billion USD compared to the previous year.
Import-export activities at Lao Bao and La Lay international border gates in the central province of Quang Tri have experienced a sharp rise in the early days of the Lunar New Year, indicating a positive economic outlook for 2025.
Roles such as software developers, data analysts and cybersecurity engineers will dominate the labour market in the technology sector, while manufacturing and logistics industries are expected to prioritise recruitment of automation engineers.
Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday, reaching 85.33% of their total workforce.