Hanoi and HCMC must submit finalized plans by December 25, as they play leading role in urban railway development.   PM Pham Minh Chinh chairs the meeting on December 5. Prime Minister Pham Minh Chinh has urged the swift development of modern railway systems in Hanoi and Ho Chi Minh City, highlighting their crucial role […]

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Vietnam’s exports this year are expected to reach a new historic height of $420 billion, according to a new report. Exports are expected to grow 18% year-on-year, the biggest growth rate since 2021, a report by Singapore-based bank UOB has shown. As of Nov. 15 exports have reached around $352 billion, slightly lower than last […]

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Google has confirmed the establishment of Google Vietnam, a local entity which supports domestic digital transformation. Advertisers in Vietnam will conduct tax-related procedures with Google Vietnam instead of Google Asia Pacific starting from April 1, 2025, according to an announcement on its website. “We now have a team on the ground to better serve our […]

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Vietnamese Prime Minister Pham Minh Chinh has said that the government will make every effort to gain economic growth of eight percent in 2025, higher than the rate approved by the legislative National Assembly (NA).   This image shows Vietnamese Prime Minister Pham Minh Chinh, who has announced the government will strive to gain a […]

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An increase in demand for goods and services between Vietnam and Poland has led to stronger maritime transport connection between the two nations, according to what was discussed at a Vietnam-Poland trade conference in Ho Chi Minh City on Thursday.     Poland is an important trade partner of Vietnam. Photo: Quang Dinh / Tuoi Tre   […]

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Southern city plans to mobilize capital from different social resources.   Ho Chi Minh City (HCMC) plans to mobilize over VND209 trillion ($8.2 billion) for infrastructure development by 2030 from different social resources, under a project approved recently by the municipal People’s Committee The transport sector will mobilize investment in the form of public-private partnerships […]

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Vietnam’s internet economy is expected to reach $36 billion this year, marking a 16% increase compared to 2023.   According to the 9th edition of the e-Conomy Southeast Asia report released by Google, Temasek, and Bain & Company on Nov. 5, retail e-commerce continues to be a key pillar of Vietnam’s digital economy, contributing $22 […]

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Vietnam’s benchmark VN-Index fell 0.01% to 1,241.97 points Wednesday while Asian shares fell.   An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran  The index closed 0.16 points lower after gaining 7.43 points in the previous session. Trading on the Ho Chi Minh […]

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Coffee exports are projected to reach a record US$5.6 billion this year, driven by rising global coffee prices.   A man checks roasted coffee beans at a factory in Hanoi, Vietnam Nov. 22, 2016. Photo by Reuters/Kham  Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association, noted that the recent surge in world […]

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Market value reached $20.5 billion in 2023 and is projected to hit $45 billion next year, recent forum hears.   Vietnam experienced remarkable growth in its e-commerce sector in 2023, according to Ms. Le Hoang Oanh, Director of the Vietnam E-commerce and Digital Economy Agency at the Ministry of Industry and Trade. Speaking at the […]

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