The Centre of Information and Digital Technology of the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade is expected to launch a system to ensure transactions in e-commerce from now until the end of the year.

With emerging technologies such as AI and blockchain, Vietnam has the ability to leverage data connectivity to create ‘an integrated payment ecosystem’ to promote cashless payments, experts said at a recent meeting in HCM City.

The EU's ban on deforestation-linked imports are causing concern among Vietnamese producers as the requirements to trace commodities back to their origin can push up costs and entail finding alternative suppliers.

Improvements in the group of investment administrative procedures are still slow and not yet in sync with policies to attract investment at the local level.

Ho Chi Minh City housing is among the least affordable in the Asia Pacific region with a median home price representing 32.5 times the median annual household income, said a report by Urban Land Institute (ULI).

Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.

Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Vietnam's (SBV) policy rate cut, savings of individual customers have kept rising.

Vietnamese athletes have arrived in Germany to attended the Special Olympics World Games, the world's largest sporting event for athletes with intellectual disabilities, autism and cerebral palsy.

Agriculture has long been the backbone of Vietnam’s economy for a number of comparative advantages, such as cultivated land, forest cover, sea territories, tropical climate, and available and cost effective labour, according to Surajit Rakshit, head of Global Trade and Receivables Finance, HSBC Vietnam.

Vietnam and Malaysia, one of its most important trading partners, have set a bilateral trade target of US$18 billion by 2025.