Business News

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.

The signing of multiple trade cooperation agreements between Việt Nam and Middle Eastern countries late last year has opened up new opportunities for Vietnamese goods to enter the halal market, creating strong momentum and prospects for Vietnamese businesses, particularly those operating in agriculture. According to Deputy Minister of Agriculture and Environment Phùng Đức Tiến, products entering the halal market — which serves a quarter of the world’s population — must comply with Islamic laws, particularly for items such as food and cosmetics.

Việt Nam’s industrial sector has shown impressive signs of revival, driving growth in trade, consumption and exports to reinforce the foundations for sustainable economic development. According to the Ministry of Industry and Trade’s report, Index of Industrial Production (IIP) in the second quarter increased by 8.8 per cent compared to the same period in 2024.

Việt Nam’s stock market ended the final trading week of June 2025 on a positive note, with the VN-Index climbing to its highest level in more than three years despite persistent geopolitical uncertainty and cautious investor sentiment. For the week, the VN-Index advanced by 22.09 points, equivalent to a gain of 1.64 per cent, to close at 1,371.44 points — the highest since March 2022.

Games published by Vietnamese studios generated around US$315 million in revenue in 2024, according to GameGeek, a platform connecting Việt Nam’s gaming ecosystem. In just the first half of 2025, this figure has reached at least $214.85 million. If the current growth trend continues, total revenue for 2025 is projected to exceed $430 million, representing a 36.4 per cent increase compared to the previous year.

Việt Nam’s automotive market is seeing a strong inflow of imported vehicles, with the total value of completely built-up (CBU) auto imports surpassing US$2 billion as of mid-June. However, amid rising supply and stagnant demand, the industry is facing continued inventory pressure and widespread price cuts. Data from the General Department of Customs shows that 96,264 CBU vehicles were imported into Việt Nam from January to June 15, with a total value exceeding $2 billion.