Consumers' purchasing power for the Lunar New Year (Tet) holiday has tended to increase from the 11th lunar month over the past few years, however, this year's festive shopping demand is forecast to decrease, as people target simplicity, cost-effectiveness or simply want to spend more time resting.
An investment proposal of database centre project has been approved by the Da Nang Hi-Tech Park and Industrial Zones Authority (HPIZA), marking the first of its kind in the central city’s Hi-tech Park in 2025.
Cashless payment activities and the digital transformation of the banking sector is continuing to achieve positive results.
In a tumultuous year for the Vietnamese stock market, retail investors played a significant role, contributing to the market's liquidity recovery.
Vietnam remained among the top ten countries with the fastest e-commerce growth rate in the world in 2024, with the market valued at US$25 billion, an increase of 20% over 2023, according to Vietnam E-commerce and Digital Economy Agency.
The primary selling prices of condominiums in Hanoi experienced a sharp 36% year-on-year and 12% quarter-on-quarter increase in 2024, according to CBRE Vietnam, a foreign real estate service company.
Ho Chi Minh City’s office market has achieved rapid growth fuelled by steady demand and burgeoning supply, reinforcing the city’s status as a premier destination for both local and international corporations seeking strategic growth opportunities in Southeast Asia, according to real estate consulting firm Knight Frank.
Vietnam SuperPort on January 7 signed a strategic Memorandum of Understanding (MoU) with the Transport Development and Strategy Institute under the Ministry of Transport of Vietnam, and China Railway 16th Bureau Group Vietnam Co. Ltd. (part of China Railway Construction Corporation) on cooperation to develop rail logistics infrastructure.
A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about 3% against the dollar, experts forecast.
Starting February 18, the value-added tax (VAT) exemption for imported goods valued under VND1 million (approximately US$40) sent via express delivery will officially be discontinued.