Business News

Step into the enchanting spirit of July with a selection of culinary adventures crafted to make this summer truly unforgettable. Immerse yourself in the elegance of Reflections Restaurant for an exquisite Fine Dining & Wine Pairing experience, or indulge in a mouthwatering Seafood Feast featuring exciting new dishes at Buffet NINETEEN.

In honor of American Independence Day, on Friday, July 4th, guests with American passports enjoy 20% OFF their feast at Buffet NINETEEN, featuring the best seafood buffet in town, filled with iconic favorites and indulgent delights. Besides lavish seafood,  savor iconic offerings like premium Wagyu beef burgers, flavorful hot dog, crispy fried chicken, cheese & cold cuts.

According to a study by S&P Global released on July 1, business confidence has bounced back from the 44-month low seen in April. Hopes for more stable market conditions and a reduction in trade tensions were among the factors supporting the optimistic outlook, which was nonetheless weaker than the series average.

Vietnam's economy demonstrated remarkable resilience in 2024, posting a GDP growth of 7.09% as its key growth engines - domestic consumption, exports, and foreign direct investment (FDI) - gradually recovered. This performance was supported by consistent government efforts across both policy design and implementation, helping sustain momentum despite global volatility. However, 2025 brings a more complex landscape.

Việt Nam’s total agro-forestry-fishery trade is estimated at US$57 billion in the first half of this year, with exports reaching $33.5 billion, up 14.3 per cent year-on-year, according to the Ministry of Agriculture and Environment (MAE). Meanwhile, imports rose 12.8 per cent to $23.5 billion. This year will continue to be a year of significant fluctuations, with a complex global political and economic context.

The Ministry of Industry and Trade has issued Circular 40/2025/TT-BCT detailing procedures for issuance of certificates of origin (C/Os) and written approvals for self-certification of origin by exporters, a move to decentralise and streamline trade administration. The circular, effective from July 1, regulates two entities authorised to issue C/Os: the ministry’s Import and Export Department and organisations authorised by provincial and municipal people’s committees.

The Ministry of Science and Technology has recently issued a plan to attract 100 top-tier artificial intelligence (AI) specialists to spearhead the nation’s critical AI development programs, making the technology a strategic motive for economic growth, governance modernisation, and improvement in both living quality and national competitiveness.

HKBAV is pleased to support the upcoming Vietnam Industrial Connect 2025, an exclusive industry event bringing together leaders, investors, and experts from across Asia to explore the latest trends in industrial development and foreign investment in Vietnam. As a valued HKBAV member, you are invited to attend this event FOC (Free of Charge) – no registration fee required. Simply scan the QR code on the poster or contact the HKBAV Secretariat Team for support.