Business News

The National Assembly passed the Law on Digital Technology Industry at its ongoing 9th sitting held in Ha Noi on Saturday. With this move, Viet Nam has become the first country in the world to enact a standalone law specifically dedicated to digital technology industry, according to the Ministry of Science and Technology whish is responsible for drafting the law.

Against a rapidly changing geopolitical and economic backdrop, global wealth flows continue to evolve as high-net-worth individuals (HNWIs) and businesses take a more holistic approach to location. Vietnam is emerging as a promising destination, but it must seize the moment with improved policy framework, infrastructure, and living standards.

The combination of e-commerce and artificial intelligence (AI) will be an important tool to help start-ups optimise sales processes and improve the customer experience. AI is not just a support tool, but also a key driver in optimising marketing strategies, analysing data and crafting effective advertising campaigns, said Vũ Minh Ngọc, a representative of the Centre for E-commerce and Digital Technology (eComDX), at a recent seminar on e-commerce applications for young entrepreneurs.

Business activity showed signs of recovery in the first five months of this year, with the number of newly established and returning businesses rising by 11.3% year-on-year. According to the General Statistics Office under the Ministry of Finance, nearly 111,800 enterprises were newly established or resumed operations nationwide between January and May, up 11.3% compared to the same period in 2024.

Total value of exports, imports, and the exchange of goods through border gates in the north province of Lào Cai, which borders China's Yunnan province, reached US$240 million in May, up 29.63 per cent month-on-month, statistics show. Since the beginning of 2025, cumulative trade value through local border gates has approached $944.4 million.

The Việt Nam Bond Market Association (VBMA) reported that real estate firms issued seven separate bond lots in May with a combined value of more than VNĐ10.5 trillion (US$403.5 million). Of which, Vingroup led the pack, issuing three batches totaling VNĐ6 trillion, according to the association. Other notable issuers in May included Viet Minh Hoang Construction and Real Estate Investment JSC (about VNĐ3.47 billion), AAC Vietnam JSC (VNĐ500 billion), Song Phuong Industry - Real Estate and Construction LLC (VNĐ388.5 billion), and Van Phu Real Estate Development JSC (VNĐ150 billion).

Việt Nam’s total import-export turnover from May 16 to 31 reached nearly US$42.5 billion, marking a 17.6 per cent increase compared to the first half of the month. Thanks to a strong surge in exports, the trade balance for this period posted a surplus of $2.94 billion, raising the total trade surplus for the first five months of this year to $4.7 billion.

Vietnam's semiconductor industry is expected to generate around US$21 billion in revenue in 2025, up 18% from 2024. The country’s electronics and semiconductor sectors are entering a phase of strong growth, fueled by rising global demand, government support policies, and competitive advantages in workforce and geographic location.