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Vietnam's e-commerce market exceeds US$25 billion
Vietnam's retail e-commerce market is estimated to surpass US$25 billion in 2024, marking a 20% increase compared to the previous year, according to the Ministry of Industry and Trade.
Prudential Vietnam and HSBC Vietnam enter bancassurance partnership
Prudential Vietnam Assurance Private Ltd. and HSBC Bank (Vietnam) Ltd. have entered into a bancassurance partnership.
MoU signed to establish cell, stem-cell quality control centre in Vietnam
A Memorandum of Understanding (MoU) has been signed between Hoa Lam Shangri-La Healthcare of Hoa Lam Group and Japan-based Cyto-Facto Inc to collaborate in establishing a quality control centre for cells and stem cells in Vietnam that meets international standards.
Vinhomes gets green light from SGX for bond issuance
Vinhomes JSC has just announced its submission of registration documents for bond listing on the Singapore Stock Exchange (SGX) on December 19.
Budget smartphone sales hit two-year high on 2G shutdown
Budget smartphone segment, priced under VND5 million (US$200), accounted for about 51% of the total industry revenue in the third quarter of 2024, marking the highest share since the first quarter of 2022, according to Vietnam Handset Market Tracker.
Fed’s foreseen rate cuts affect foreign exchange rate
The latest US Federal Reserve (Fed)’s announcement to make fewer interest rate cut next year immediately impacted the USD/VND exchange rate.
VN faced with increasing trade defence investigations on rising protectionism
Vietnam’s export products face a significant increase in the number of trade defence investigation cases this year on rising protectionism worldwide, according to the Ministry of Industry and Trade (MOIT).
UK’s carbon tax to affect Vietnam’s exports
Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.
Industrial parks to go green, adopt sustainable models: forum
Domestic, international industrial parks and related stakeholders shared experiences implementing smart industrial park models and proposed policy solutions to transition Vietnamese industrial parks from traditional models to smart and sustainable ones at the Vietnam Industrial Park Forum.
Three prosecuted for organising illegal migration to the US
Hanoi's People's Procuracy took legal action on December 20 against three individuals, Bui Thi Thanh, Nguyen Ngoc Tue, and Tran Van Hong, for aiding others in illegally fleeing abroad.