GOV’T OKAYS PLAN TO ESTABLISH NATIONAL HOUSING DEVELOPMENT FUND
The Government has given the nod to the establishment of a National Housing Development Fund to support the construction of social homes, worker accommodations, and affordable apartments for people who are under 35 years old. Deputy Prime Minister Ho Duc Phoc chaired a meeting on April 21 to review the proposal, which was submitted by the Ministry of Construction and other relevant ministries, reported the Vietnam News Agency (VNA).
ROUTES BANNED FROM TRAFFIC IN HO CHI MINH CITY ON APRIL 22, 25, 27 AND 30
On April 21, the Traffic Police Department of Ho Chi Minh City Police said that in order to ensure security, order, traffic safety and order to serve the organization of State-level General Training and Pre- approve, State-level General Approve and officially celebrate the 50th anniversary of the Liberation of the South and National Reunification Day, many roads in the city center will be closed to traffic.
80 INFRASTRUCTURE PROJECTS ROLLED OUT NATIONWIDE
Prime Minister Pham Minh Chinh today, April 19, chaired the groundbreaking and inauguration ceremonies of 80 key national projects across the country to commemorate the 50th anniversary of the liberation of the south and the reunification of the nation on April 30. The ceremonies were held in a hybrid format, with the main event taking place at Terminal 3 of Tan Son Nhat International Airport in HCMC and connected virtually to other sites nationwide.
AGRICULTURAL EXPORT MARKETS DIVERSIFY
Vietnam is stepping up efforts to boost agricultural exports as it seeks to diversify its overseas markets and deepen economic ties with key partners. During a bilateral meeting on the sidelines of the 150th Assembly of the Inter-Parliamentary Union in Uzbekistan last week, Vietnamese National Assembly Chairman Tran Thanh Man met with Vice Chairman of the Standing Committee of the National People’s Congress of China Losang Jamcan.
TOWARD MODERN URBAN AGRICULTURE
The city's agriculture has recovered and transformed into an urban agricultural model, with an emphasis on digital transformation and high-tech application in production. In 2024, the value of agricultural, forestry and fishery production exceeded VND19,900 billion, 0.2% higher than a year earlier. In particular, agricultural exports have grown despite difficulties, with 13 million heads of ornamental fish and nearly 6,000 crocodile skins and products
BLUE-CHIP REBOUND SENDS VN-INDEX LEAPING
Stronger demand for blue-chip stocks led to a market rebound, with the VN-Index adding seven points today, April 17, said local media reports. The Hochiminh Stock Exchange saw 261 stocks gaining and 174 others losing. The VN-Index edged up by 6.95 points, or 0.57%, against the previous day to 1,217.25. More than 807.7 million shares worth VND21.6 trillion were transacted on the market, slightly down by volume yet up by 11% by value compared to the previous session.
PRIVATE SECTOR TOUTED AS KEY DRIVER OF ECONOMIC GROWTH IN VIETNAM
The private sector is seen as the most important engine of Vietnam’s economy in draft documents for the 14th National Congress of the Communist Party of Vietnam, according to Prime Minister Pham Minh Chinh. Speaking at a national conference on April 16, Chinh highlighted updates in the draft political report, which lays out priorities for the country’s socio-economic development from 2026 to 2030.
DOMESTIC MOTORCYCLE MARKET BREAKS THROUGH IN Q1 OF 2025
The local motorcycle market is experiencing a significant recovery in the first quarter of 2025, with sales surpassing 673,000 units, reflecting an impressive increase of 11.48 per cent compared to the same period last year. A total of 673,055 motorcycles were sold in the first three months of 2025, signalling a rebound after a period of stagnation.
