PUBLIC FUNDING A LIFELINE FOR CONSTRUCTION AMBITIONS
Public investment is being deemed a lifeline for construction materials manufacturers such as cement and steel producers, which are currently under mounting pressure from fierce competition and shrinking export markets. Vietnam’s construction sector was anticipated to enter a more promising growth phase this year, following two challenging years marked by a stagnant real estate market, legal bottlenecks, and capital shortages.
VIETNAM INCREASINGLY CENTRAL TO MAJOR FDI STRATEGIES
Vietnam continues to sharpen its edge as a preferred destination for foreign investment across key sectors. A government delegation led by Minister of Industry and Trade Nguyen Hong Dien held direct talks last week with four of America’s top global players – Excelerate Energy, Lockheed Martin, SpaceX, and Google - each representing a critical pillar of energy, aerospace, connectivity, and digital services.
ENHANCING PRESENCE OF VIETNAMESE GOODS IN ASEAN MARKET IS ESSENTIAL
As Việt Nam’s export turnover has yet to fully reflect its potential within the ASEAN region, enhancing the presence of Vietnamese goods and seizing opportunities in this market is essential, particularly amid tariff fluctuations. This issue demands greater attention from businesses, along with a proactive and flexible approach to market access, deep market understanding and the ability to overcome trade barriers.
VIỆT NAM TAPS ASEAN HALAL MARKET FOR AGRICULTURAL EXPORTS
With a population of over 240 million Muslims, ASEAN has become a fertile ground for Vietnamese businesses looking to tap into the potential of halal product exports, particularly farm produce and processed foods. The region is seen as a gateway for made-in-Việt Nam products to better integrate into the international halal supply chain.
VIỆT NAM OFFERS INVESTMENT POTENTIAL AMID GLOBAL UNCERTAINTY
Despite an unfavourable global economic climate and ongoing challenges facing foreign investment flows, Việt Nam continues to present strong opportunities that could drive a significant boost in investment, according to analysts. One key source of optimism stems from a series of strategic cooperation agreements signed between Vietnamese and Thai partners during the recent official visit of Thai Prime Minister Paetongtarn Shinawatra to Việt Nam.
PM URGES BUILDING INT’L FINANCIAL CENTRE WITH TRANSPARENT, OPEN LEGAL ENVIRONMENT
Policies must ensure property rights, freedom of business, and freedom of movement for all entities participating in the financial centre. Prime Minister Phạm Minh Chính on Thursday requested the establishment of an international financial centre in Việt Nam 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.
VIỆT NAM EXPORTED 195,600 TONNES OF CASHEW NUTS IN FOUR MONTHS
In the first four months of this year, Việt Nam exported 195,600 tonnes of cashew nuts, worth US$1.33 billion, according to the General Department of Customs. This represents a 10 per cent decrease in volume, but a 14.4 per cent increase in value compared to the same period in 2024. In April alone, Việt Nam exported 73,410 tonnes of cashew nuts, up 31.5 per cent in volume and 28.6 per cent in value compared to March and up 9.6 per cent in volume and 37.9 per cent in value year-on-year.
VIỆT NAM BOOSTS RICE TRADE THROUGH 2030 WITH NEW MEASURES
To enhance rice exports through 2030, the Ministry of Industry and Trade (MoIT) has rolled out a series of new measures focused on stricter oversight, faster implementation of the national export strategy, and stronger trade promotion efforts. These solutions were introduced by the MoIT’s Export-Import Department during a conference held in the Mekong Delta province of Tiền Giang on Tuesday.
