Vietnamese businesses harness e-commerce data to drive growth on TikTok Shop

Vietnamese businesses harness e-commerce data to drive growth on TikTok Shop

Economy

As e-commerce becomes increasingly professionalized in Vietnam, a growing number of businesses – both big and small – are finding success by leveraging data tools to guide their marketing and operations.

Vietnamese premier urges PowerChina to strengthen cooperation with local firms in technology, energy

Vietnamese premier urges PowerChina to strengthen cooperation with local firms in technology, energy

Economy

Prime Minister Pham Minh Chinh has called on Power Construction Corporation of China (PowerChina), a major Chinese state-owned enterprise, to deepen collaboration with leading Vietnamese firms such as Viettel, Petrovietnam, and Song Da Corporation JSC in areas of technology transfer and energy development.

Work begins on $1.5bn Trump-branded golf complex in Vietnam

Work begins on $1.5bn Trump-branded golf complex in Vietnam

Economy

A groundbreaking ceremony for the US$1.5-billion Khoai Chau urban, eco-tourism, and golf complex project, or the Trump International Hung Yen complex, was held on Wednesday in Hung Yen Province, northern Vietnam, marking the first Trump-branded development in the Southeast Asian country.

Int’l audio brands race to enter Vietnam

Int’l audio brands race to enter Vietnam

Economy

With a forecast of continuous double-digit growth until 2029, the audio equipment market in Vietnam promises great potential and is increasingly attracting major and new global brands.

From export icon to struggle: Vietnam’s Legamex halts outsourcing operations amid financial woes

From export icon to struggle: Vietnam’s Legamex halts outsourcing operations amid financial woes

Economy

Once a symbol of Vietnam’s state-owned-to-private sector transformation, the Leather Footwear and Garment Making Exporting Corporation (Legamex) has announced it will suspend outsourcing operations after years of mounting difficulties and financial losses.

Vietnam signs nuclear power agreement as it seeks to rebalance US trade

Vietnam signs nuclear power agreement as it seeks to rebalance US trade

Economy

US nuclear power station builder Westinghouse has signed an agreement with Vietnam's biggest energy firm, Hanoi said on Tuesday as it seeks to head off stiff tariffs threatened by the Trump administration.

Vietnam consults int’l experts on building financial centers

Vietnam consults int’l experts on building financial centers

Economy

Draft plans for the development of international financial centers in Ho Chi Minh City and Da Nang City in central Vietnam have been sent to London (United Kingdom), Luxembourg, and Frankfurt (Germany) for consultation, Permanent Deputy Prime Minister Nguyen Hoa Binh said on Tuesday.

Vietnam’s trade minister meets US giants amid tariff negotiations

Vietnam’s trade minister meets US giants amid tariff negotiations

Economy

Vietnamese Minister of Industry and Trade Nguyen Hong Dien, who is leading Vietnam’s delegation in tariff negotiations in the U.S., met on Tuesday with executives from SpaceX, Excelerate Energy, Lockheed Martin, and Google to promote business cooperation.

Japanese firms eager to import Vietnamese lychees

Japanese firms eager to import Vietnamese lychees

Economy

Many Japanese businesses have contacted the Vietnam Trade Office in Japan, expressing keen interest in importing Vietnamese lychees, said Ta Duc Minh, the office’s trade counselor, during a working visit to the headquarters of Tuoi Tre (Youth) newspaper on Tuesday.

Vietnam to have new commercial airline

Vietnam to have new commercial airline

Economy

The Vietnamese prime minister has green-lighted investment in a new airline, Sun PhuQuoc Airways, backed by leading Vietnamese conglomerate Sun Group, with a total capital of VND2.5 trillion (US$96 million), making it Vietnam's seventh commercial airline.