Currently, HCM City''s businesses contribute over 50 per cent of the city’s GRDP, 67 per cent of total investment, and 25 per cent of national import-export turnover.
The growth outlook is driven by the global economic recovery post-pandemic and increasing international demand for affordable protein sources like tra fish, VASEP said.
Gaining a firm foothold in the domestic market of more than 100 million people is critically important to businesses as the domestic market, which, if properly leveraged, could help offset the decline in export orders.
The UOB’s announcement of an increase in charter capital and a plan for a new headquarters building in HCM City reaffirms the bank’s strong commitment to long-term investment in Việt Nam.
Brazil is quickly becoming a key market for Vietnamese seafood products, presenting strong opportunities for growth, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
According to the Ministry of Agriculture and Environment (MAE), Việt Nam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the imposition of unilateral, stringent tariff policies by major economies.
This is a critical time to intensify efforts against origin fraud and illegal transshipment, as some foreign exporters have taken advantage of Việt Nam as a transshipment point to reroute goods and avoid trade remedies in third countries.
The seminar titled ‘US Countervailing Tariffs and Việt Nam’s Corporate Response’, organised by the Việt Nam Chamber of Commerce and Industry (VCCI) on the morning of April 18, attracted significant attention and participation from economic experts and the business community.
In the first quarter of 2025, bilateral trade between Việt Nam and China reached US$51.2 billion, up 17.5 per cent year-on-year, with expectations for continued growth throughout the year.
According to analysts of the VCB Securities Company, the outstanding export loans to the enterprises only account for five per cent of the total outstanding loans of the whole banking system,
Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.