Prime Minister Pham Minh Chinh on May 22 requested the establishment of an international financial centre in Vietnam with a transparent and open legal environment, modern and seamless infrastructure that meets development needs and aligns with global trends and Vietnam's specific conditions.

To achieve its ambitious goal of high-income status by 2045, Vietnam needs to deepen the sweeping institutional reforms that are underway and promote greener development, according to two new World Bank reports released on May 22.

Antwerp Port, one of Europe’s largest, has launched its first electric tugboat, Volta 1, manufactured in Vietnam, showcasing the country’s green shipbuilding capabilities.

The Vietnamese Trade Office in India, in coordination with relevant partners, hosted an online seminar on May 21 to strengthen trade and investment ties in the wood and furniture industry between the two countries.

VOV.VN - Vietnam can fully realise its goal of becoming a high-income country by 2045, provided it stays committed to pursuing two strategic drivers - institutional reform and green development, according to the World Bank (WB).

VOV.VN - More than 300 domestic and foreign businesses are displaying their products, services, and technologies at the 21st International Exhibition on Automobile, Motorcycle, Electric Vehicle, and Supporting Industries (Autotech & Accessories Show 2025), which opened in Ho Chi Minh City on May 22.

VOV.VN - The retail prices of petrol were revised down, while those of oil products increased as of 3 p.m. on May 22 in the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Deputy Prime Minister Nguyen Chi Dung has greenlit a proposal to expand Phu Quoc International Airport in Kien Giang province, envisioning it as a transformative project that will not only serve the 2027 APEC Economic Leaders’ Week but also establish a lasting legacy for Vietnam as a premier global tourism destination.

VOV.VN - Vietnam and the United States have made notable progress in the second round of negotiations on a bilateral reciprocal trade agreement that took place in Washington, D.C. from May 19 - 22.

VOV.VN - With the peak durian harvest season approaching in July, the recent approval of nearly 1,000 new growing area codes by Chinese customs signals expanded access for Vietnamese durian exports in this highly lucrative market.

The practice and publication of a Sustainable Development Report (SDR) in Vietnam, especially in the banking industry, is still in its initial stages and holds many challenges, the Deputy Governor of the State Bank of Vietnam Pham Thanh Ha told a forum on May 21.

Trump International Hung Yen is expected to help drive rapid and sustainable development for the northern province of Hung Yen and Vietnam as a whole in the green, clean and beautiful direction, Prime Minister Pham Minh Chinh said while attending the ground-breaking ceremony for the luxury residential and tourism complex on May 21 afternoon.

VOV.VN - The National Innovation Centre (NIC), in collaboration with the Embassy of Vietnam in Singapore, Meta Corporation, and the Southeast Asia Semiconductor Industry Association, organised an investment forum in Singapore on March 20 to promote Vietnam as a destination for innovation and strategic technology.

The State Bank of Vietnam (SBV) on May 21 launched the Environmental and Social Risk Management System (ESMS) Handbook in Credit Granting Activities.

The second International Exhibition for Smart Office Solutions, Equipment, Machines and Stationery (VietOffice 2025) opened in Hanoi on May 21, attracting 100 domestic and international exhibitors.

The Mekong Delta province of Kien Giang has proposed 21 large-scale infrastructure projects worth over VND137.13 trillion (US$5.28 billion) in Phu Quoc city that will host Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week in 2027.

VOV.VN - Deputy Prime Minister Tran Hong Ha recently chaired a meeting on policies to promote sustainable aviation fuel (SAF) and Vietnam’s participation in the International Civil Aviation Organization (ICAO)'s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

During a working visit to the US, Minister of Industry and Trade Nguyen Hong Dien held meetings with executives from several major US corporations, including Excelerate Energy, Lockheed Martin, SpaceX, and Google, in Washington D.C. on May 20.

The Ministry of Industry and Trade (MoIT)’s Export-Import Department introduced a raft of measures to improve rice export management for 2025 during a conference held in the Mekong Delta province of Tien Giang on May 20.

Vietnam supports ASEAN's stance on developing comprehensive, flexible, and practical strategic approach to strengthen intra-bloc economic autonomy while enhancing economic connectivity with key partner countries to effectively address current global challenges, Deputy Minister of Industry and Trade Nguyen Hoang Long has said.

Ways to promote sustainable development of the poultry industry will be discussed at a conference in Hanoi on May 22.

The central city of Da Nang has made remarkable progress in the global startup landscape, climbing 130 steps to the 766th position in the Global Startup Ecosystem Index 2025 recently announced by StartupBlink, a global startup ecosystem map and research centre.

The Mekong Delta province of Long An and China’s Qinghai will bolster collaboration across various domains, including construction, human resources training, trade, tourism, agriculture, education, culture, and environmental protection under a freshly-inked Letter of Intent (LoI) on establishing friendship ties between the two localities.

VOV.VN - Norwegian Ambassador to Vietnam Hilde Solbakken has expressed hope to see substantial progress in the Vietnam–EFTA Free Trade Agreement this year, paving the way for deeper trade and investment ties between the two countries, as Norway celebrates the 211th National Day (May 17, 1814 – May 17, 2025).

VOV.VN - The Prime Minister has approved an investment policy for the Sun PhuQuoc Airways (SPA) project, which is developed by Phu Quoc Sun Airlines Co., Ltd., a member of Sun Group.

VOV.VN - The Lao Cai - Hanoi - Hai Phong railway project, one of Vietnam’s important rail routes connecting it with China, is set to break ground on December 19 this year, said Prime Minister Pham Minh Chinh at a government meeting in Hanoi on May 20 evening.

The Vietnamese Government will work to ensure that policies and mechanisms for the planned international financial centre are distinctive, superior, and attractive to investors, while balancing benefits among the state, investors, and the public, Deputy Prime Minister Nguyen Hoa Binh said on May 20.

The Ministry of Industry and Trade (MoIT) is currently soliciting public feedback on a draft circular regulating import tariff quotas for dried tobacco leaves and rice originating from Cambodia for the 2025–26 period.

VOV.VN - The Vietnam Chamber of Commerce and Industry (VCCI) hosted a workshop in Hanoi on May 20 to explore how accelerating green transformation can help Vietnamese enterprises enhance their competitiveness and expand exports in the face of global economic and environmental challenges.

VOV.VN - Foreign experts and customs officers are exchanging experiences in applying, verifying, and managing rules of origin as part of efforts to implement international trade agreements at a three-day workshop that opened in Hanoi on May 20.