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Home loan interest rates to inch up in 2025
Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast.
Idemitsu to expand investment in Vietnam
Hideaki Egashira, General Director of Idemitsu Vietnam Co Ltd, a subsidiary of Japanese petroleum company Idemitsu Kosan, has revealed plans to expand the company's investment portfolio in Vietnam.
Exporters make contingencies as fear of tariffs looms
Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
Hanoi plans to extend bicycle pilot service through 2025
The Hanoi People's Committee has decided to extend the pilot period for its urban bicycle service until the end of 2025.
New passenger car factory to be built in Hue
Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.
Only 9% of households in Vietnam own a car
Only 9% of households in Vietnam own a car, data from a mid-term population and housing survey for 2024 from the General Statistics Office (GSO) shows.
European start-up enters Vietnam's ride-hailing market
Bolt, an Estonian ride-hailing start-up, plans to enter Vietnam's market by launching a series of recruitment ads on social media.
Vietnam tightens fruit inspections after warning from China
The Plant Protection Department under the Ministry of Agriculture and Rural Development has requested that local authorities and relevant agencies enhance inspections and monitoring of cultivation areas and export packing facilities for fresh fruit, including durians and jackfruit.
First database centre to be built at Da Nang Hi-tech Park
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.
QR code payment transactions surge in 2024
Cashless payment activities and the digital transformation of the banking sector is continuing to achieve positive results.