March 7, 2025

The newly operational Metro Line 1 is a key driver for real estate projects, particularly in retail and office spaces. The commercial real estate sector typically lags behind the residential market. As communities grow and stabilise, demand for commercial spaces rises accordingly. Ho Chi Minh City’s apartment supply is expected to exceed 40,000 units by […]

March 7, 2025

Bac Ninh province now has 2,459 valid FDI projects with a total registered capital of nearly 31.3 billion USD. The northern province of Bac Ninh has licenced 48 new foreign direct investment (FDI) projects worth over 210 million USD so far this year, according to the provincial Department of Planning and Investment. Meanwhile, 30 existing […]

March 7, 2025

As of December 31, 2024, Vietnam had over 940,000 active businesses, with SMEs making up nearly 98%. These enterprises employ 5.5 million workers and hold a combined capital of 16.6 quadrillion VND (650.08 billion USD), accounting for less than 30% of the total business capital in the country. Prime Minister Pham Minh Chinh has called […]

March 7, 2025

Permanent Representative of Vietnam to the UN Ambassador Dang Hoang Giang underscored Vietnam’s strong support for initiatives aimed at accelerating climate action and ensuring climate financing, as well as for the Secretary-General’s efforts toward reforming the UN development system. As a responsible member of both United Nations (UN) and International Organisation of La Francophonie (OIF), […]

September 5, 2024

The second “Meet Thailand” conference was opened in the northern province of Lao Cai on August 28-29 in celebration of the 48th anniversary of diplomatic relations (1976-2024) and the 11 years of bilateral strategic partnership (2013-2024). The event, organised by the Lao Cai provincial People’s Committee in partnership with the Ministry of Foreign Affairs and […]

September 5, 2024

Party General Secretary and President To Lam and his spouse chaired a ceremony in Hanoi on August 29 to celebrate the 79th anniversary of the National Day of Vietnam (September 2). Attending the event were former and incumbent Party, State, National Assembly and Government leaders, as well as officials of ministries, agencies, socio-political organisations, and […]

September 5, 2024

The credit rating organisation Moody’s has forecast a positive economic outlook for the Asia-Pacific region in 2025, with accelerating growth in Southeast Asia, and Vietnam is expected to benefit notably from this trend. The data showed that Southeast Asia’s economic boost is driven by trade, investment, consumption, and fiscal policies, including anticipated monetary easing at […]

September 5, 2024

Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report. The economy is forecast to grow 6.1% in 2024, and 6.5% in both 2025 and 2026, up from […]

July 2, 2024

The property market has seen demand, supply and prices rise this year, according to the Vietnam Association of Realtors. There were 6,200 transactions involving new properties across all segments last quarter for an average absorption rate of nearly 31%, an 8 percentage point increase from the last quarter of 2023 and double the rate from […]