Business News

Nearly 40 years since opening the doors to the wider world, Vietnam’s development has witnessed great strides, with foreign investment serving as one of the key drivers. However, further climbing global value chains becomes more complicated. The World Bank assessed that Vietnam is a remarkable development success story.

The government has altered its target of public investment disbursement for this year, with a continued focus on infrastructure development to spur high economic growth. The government last week ordered that all public investment capital for this year must be disbursed, instead of 95 per cent previously targeted, and that one of the key tasks in the coming months is to speed up this kind of capital at all costs, with a focus continued being laid on infrastructure development.

To date, 16 types of Vietnamese fruits and vegetables have been exported to China via official channels, including 10 items with signed export protocols: watermelon, mangosteen, black jelly, durian, frozen durian, fresh coconut, fresh banana, sweet potato, chili, and passion fruit. Six export items have not yet been formalized through export protocols, consisting of dragon fruit, rambutan, mango, lychee, longan, and jackfruit.

Nearly 46% of manufacturing and processing firms expect better business conditions in the second quarter of the year, according to a survey released by the General Statistics Office (GSO). The survey found that 45.8% of firms expect conditions to improve, 39.2% anticipate stability, and 15% forecast greater challenges, according to the Vietnam News Agency.

The e-commerce market in Việt Nam experienced an overall strong growth during the first three months of the year, but there is a widening discrepancy in sales between small and large retail sellers, according to a recent report released by digital data analytic platform Metric. The ‘Market Overview Report for Online Retail Platforms in Q1/2025 and Forecast for Q2/2025’ published on metric.vn is based on data gathered from the four e-commerce platforms Shopee, Lazada, Tiki and TikTok Shop.

Public-private partnerships are no longer a supporting mechanism, but a strategic pillar in the global pursuit of the green transition. The high-level dialogue between government leaders and businesses at the 2025 P4G Vietnam Summit last week, chaired by Prime Minister Pham Minh Chinh, brought together senior officials, global experts, international organisations, and private sector leaders.

Prime Minister Phạm Minh Chính signed an official dispatch on April 22, outlining key tasks and solutions aimed at driving Việt Nam’s economic growth throughout the year. The document comes amid a backdrop of increasingly complex and unpredictable global developments. It said heightened strategic competition among major powers, widespread trade wars and a deteriorating global economic outlook are posing significant challenges.