The paper industry needs to switch from production of normal packaging since supply exceeds demand and invest in other items such as high-quality packaging paper, which is still mostly imported, according to the Vietnam Paper and Pulp Association.

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.

Vietnam secured one silver and two bronze medals in the last day of the IWF World Youth Championships on April 1 in Durres, Albania.

The central city of Da Nang has been calling for stronger and deeper investment from Japanese businesses in seaport, infrastructure, hi-tech industry, education, healthcare, supportive industries, information and technology during a four-day investment promotion event in Kisarazu, Yokohama, Osaka, Chiba and Kanagawa, in Japan.

Vietnamese firms spent over US$903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO).

The capital city of Hanoi plans to establish underground public car parks at 78 sites across four central districts, as confirmed by the municipal People's Committee.

Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.

A flight to quality will remain a key theme in the HCM City office market in 2023 as both foreign and domestic companies are setting ambitious net-zero targets to comply with environmental, social and corporate governance (ESG) regulations, experts said.

Vietnam would need VND312.6 trillion (US$13.3 billion) to develop the seaports system by 2030, according to the Ministry of Transport.

The Ministry of Industry and Trade (MoIT) is seeking public comments on a legal draft amending Decree No. 14 on cross-border commercial activities.