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.

The natural disasters of 2024 were devastating and extreme, leaving 514 people dead or missing and causing estimated economic losses of over VND88.748 trillion (US$3.48 billion).

The construction of the new international passenger terminal (Terminal 3 or T3) at Ho Chi Minh City’s Tan Son Nhat International Airport is nearing completion, with efforts being intensified to meet the April 30 deadline.

The Imperial Citadel of Thang Long, a UNESCO World Heritage site in Hanoi, has gained an additional area of 13,800sq.m, given to it by the Ministry of National Defence.

Leaders of the country’s four largest banks (the Big 4 group) BIDV, Vietcombank, VietinBank and Agribank have announced their preliminary positive business results for 2024.

Vietnam Airlines is set to achieve a record pre-tax profit of VND7.32 trillion (US$287.7 million) in 2024, ending four years of losses, with revenue expected to reach VND114.7 trillion (US$4.5 billion), up 23% from last year.

The National Assembly (NA) Standing Committee has issued a resolution on Vietnam’s environmental protection tax rates for petrol, oil, and lubricants in 2025, keeping in effect a tax cut introduced to support the economy post pandemic.

Hanoi has set a target to ensure that up to 80% of the days in a year have air quality index (VN-AQI) levels rated as good or moderate, based on data from standard national and city monitoring stations.

In the context of a gradual economic recovery and people tending to tighten spending, a series of affordable Tet gift baskets have been launched by businesses with diverse designs.