STABLE TARIFF POLICIES SUPPORT RENEWED RISE IN PRODUCTION
Greater stability around tariff policies has helped support the renewed rise in production output and improved business confidence. The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted below the 50 point no-change mark for the second consecutive month in May, but rose to 49.8 points from 45.6 in April to signal a near-stabilisation of business conditions in the sector.
KEY SOLUTIONS MAPPED OUT TO BOOST ECONOMIC GROWTH
The Government has issued Resolution 154/NQ-CP on May 31, setting out 12 key tasks and measures to implement the 2025 socio-economic development plan and state budget targets, aiming for GDP growth of 8% or higher. Institutional reform has been designated the “breakthrough of breakthroughs,” with a focus on improving law enforcement, streamlining administrative procedures, removing bottlenecks, and facilitating conditions for citizens and businesses.
WAREHOUSING SECTOR EMBRACES ADVANCED TECHNOLOGIES TO ENHANCE OPERATIONAL EFFICIENCY
According to the latest warehousing study released by Zebra Technologies Corporation on May 20, with the rise of e-commerce, globalisation of supply chains, and consumer expectations for faster deliveries, businesses are increasingly adopting smart warehousing solutions to optimise inventory management, reduce operational expenses, and improve customer satisfaction.
VIỆT NAM'S PHARMACEUTICAL MARKET SEES MAJOR M&A DEAL
The Vietnamese pharmaceutical sector has recently witnessed one of its largest mergers and acquisitions (M&A) to date, with Livzon Pharmaceutical Group Inc. of China acquiring approximately 64.81 per cent of Imexpharm Pharmaceutical Joint Stock Company (IMP). The deal, valued at over VNĐ5.73 trillion (about US$220.6 million), underscores the increasing attractiveness of Việt Nam's pharmaceutical industry to foreign investors.
GOV'T PROPOSES ESTABLISHMENT OF FREE TRADE ZONE IN HAI PHONG CITY
The Government has submitted a prosposal to establish a Free Trade Zone (FTZ) in the northern port city of Hai Phong to the National Assembly. If approved by the legislative body, the FTZ shall be allowed to pilot special mechanisms and policies to attract investment and spur exports and research and development activities.
FIRST FOUR MONTHS OF 2025: AGRO-FORESTRY-FISHERY EXPORTS RISE BY 10.7%
According to the Ministry of Agriculture and Environment, Vietnam’s agro-forestry-fishery exports totalled 21.15 billion USD in the first four months of 2025, up 10.7% year-on-year. Agricultural products contributed 11.6 billion USD, forestry products 5.56 billion USD, fishery products 3.09 billion USD, and livestock products 178 million USD.
FOREIGN DIRECT INVESTMENT CONTINUES TO POUR INTO VIỆT NAM
Việt Nam has attracted US$13.82 billion in newly registered foreign direct investment (FDI) since the beginning of this year, marking a nearly 40 per cent increase compared to the same period last year, while disbursed capital has reached $6.74 billion, the highest level recorded in the past five years, reflecting strong investor confidence in the Vietnamese market.
HCM CITY AIMS TO MATCH SINGAPORE IN STARTUP GROWTH, INNOVATION
HCM City aims to develop a startup and innovation environment on par with Singapore’s, so that investors no longer need to go abroad to launch their ventures, its Department of Science and Technology has said. Lâm Đình Thắng, its director, said fostering entrepreneurship and innovation requires the coordinated involvement of four key groups: investors, academia, banks, and government.
