Business News

In the first four months of this year, Việt Nam exported 195,600 tonnes of cashew nuts, worth US$1.33 billion, according to the General Department of Customs. This represents a 10 per cent decrease in volume, but a 14.4 per cent increase in value compared to the same period in 2024. In April alone, Việt Nam exported 73,410 tonnes of cashew nuts, up 31.5 per cent in volume and 28.6 per cent in value compared to March and up 9.6 per cent in volume and 37.9 per cent in value year-on-year. 

At the workshop, on promoting the implementation of the plan organised by the State Bank of Vietnam (SBV), the GIZ Vietnam and the International Finance Corporation (IFC) in Hà Nội, the SBV’s Deputy Governor Đào Minh Tú said: “Green growth is no longer an option, but has become an urgent necessity, especially for developing countries like Việt Nam.

The Vietnamese government has reiterated its strong commitment to developing an international financial centre by announcing the establishment of the Steering Committee for Regional and International Financial Centre in Vietnam, chaired by Prime Minister Pham Minh Chinh. PM Chinh signed a decision dated May 20 approving the list of members for the committee.

AI companies and startups are accelerating their market expansion in Vietnam by leveraging disruptive technology and fostering new growth initiatives. In late April, AnyMind Group announced the acquisition of Vietnamese social and live commerce agency Vibula. As an AI-native company, the acquisition of Vibula enhances AnyMind’s capability to deliver AI-powered live-commerce solutions customised for the Vietnamese market.

State budget revenues have soared since last year, thanks in part to a focus on digital technology. The Ministry of Finance (MoF) last week reported updated figures in budget state revenue for 2024. Total revenue reached $81.75 billion, up by $13.7 billion or 20 per cent over the initial estimate, and by $6.82 billion or 8.4 per cent as compared to the sum earlier reported to the National Assembly (NA).

To enhance rice exports through 2030, the Ministry of Industry and Trade (MoIT) has rolled out a series of new measures focused on stricter oversight, faster implementation of the national export strategy, and stronger trade promotion efforts. These solutions were introduced by the MoIT’s Export-Import Department during a conference held in the Mekong Delta province of Tiền Giang on Tuesday.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

We are pleased to invite you to our upcoming webinar, where we will discuss the most important recent changes in tax regulations, including:
• Decree 70/2025/ND-CP on invoices and documents - effective 1st June 2025
• Law on Value-Added Tax - effective 1st June 2025