The result recorded in the first half of April brought the country’s total import - export turnover to US$237.97 billion as of April 15, up 16.5% year on year.

According to statistics released on April 26 by the Department of Customs, under the Ministry of Finance, Vietnam’s total import - export value during the first half of April 2025 (from April 1 to April 15) reached $35.44 billion, down 10.6 per cent (equivalent to a decrease of $4.2 billion) compared to the second half of March 2025.

The result recorded in the first half of April brought the country’s total import-export turnover to $237.97 billion as of April 15, 2025, an increase of 16.5 per cent, or $33.71 billion in absolute terms, compared to the same period in 2024. 

Of this, the total import-export value of foreign direct investment (FDI) enterprises amounted to $159.17 billion, up 15.6 per cent (equivalent to an increase of $21.53 billion).

In particular, Vietnam’s export value in the first half of April 2025 reached $16.75 billion, down 6.9 per cent compared to the first half of March. Compared to the second half of March, which recorded the highest export value ever, exports in the first half of  April dropped by 18.3 per cent (equivalent to a decrease of $3.74 billion).

Compared to the second half of March, the export value during this period  decreased across several product groups, including computers, electronic products and components (down $814 million or 18 per cent), phones and components (down $745 million or 29.6 per cent), and machinery, equipment, tools, and spare parts (down $412 million or 16.4 per cent).

As of April 15, 2025, Vietnam’s total export value this year reached $119.62 billion, up 16.3 per cent or $16.78 billion compared to the same period in 2024. Some major export categories recorded significant growth, such as computers, electronic products and components (up $3.69 billion, or 17.5 per cent), machinery, equipment, tools, and spare parts (up $2.11 billion, or 17.1 per cent), and phones and components (up $1.77 billion, or 12.6 per cent).

Customs data also showed that the export value of FDI enterprises in the first half of April 2025 was $11.58 billion, down 20.1 per cent (equivalent to a decrease of $2.91 billion) compared to the second half of March 2025. By mid-April, the total export value of these enterprises this year had reached $85.03 billion, up 15.8 per cent (equivalent to $11.59 billion) year-on-year, accounting for 71.1 per cent of the country’s total export value in the period.

On the import side, Vietnam’s import value in the first half of April 2025 reached $18.69 billion, down 2.4 per cent (equivalent to a decrease of $459 million) compared to the second half of March. The import value declined across several major groups, including computers, electronic products and components (down $217 million or 3.8 per cent), completely built-up cars (down $67 million or 24.5 per cent), and machinery, equipment, tools, and spare parts (down $65 million or 2.6 per cent).

As of April 15, 2025, the total import value of the country this year reached $118.35 billion, an increase of 16.7 per cent (equivalent to $16.93 billion) compared to the same period in 2024. Significant growth was seen in key product groups such as computers, electronic products and components (up $9.12 billion, or 32.5 per cent) and machinery, equipment, tools, and spare parts (up $2.64 billion, or 21.2 per cent).

The import value of goods by FDI enterprises during the first half of April reached $11.24 billion, down 3.8 per cent (equivalent to a decrease of $439 million) compared to the second half of March 2025. By April 15, the total import value of FDI enterprises this year reached $74.14 billion, up 15.5 per cent (equivalent to $9.94 billion) year-on-year, accounting for 63 per cent of the country’s total import value in the period.

Based on these figures, Vietnam recorded a trade deficit of $1.94 billion in the first half of April 2025. However, from the beginning of the year to April 15, the country maintained a trade surplus of $1.27 billion.

-Viet An

UAE businesses expressed keen interest in sectors such as supporting industries, renewable energy, real estate, tourism, and services.

As part of its working visit to the United Arab Emirates (UAE), a delegation from Vinh Phuc province hosted an investment promotion seminar on April 25, themed "Vinh Phuc - A Safe, Potential, and Attractive Destination for Middle Eastern Businesses."

The seminar welcomed over 50 businesses and investors, including representatives from leading global corporations headquartered in Dubai, such as DP WORLD, a multinational logistics company, and Austvina, a financial and investment consulting firm.

The event aimed to introduce investment opportunities, expand trade relations, and strengthen economic exchanges between the province and international partners.

Mr. Bui Huy Vinh, Standing Deputy Secretary of the Provincial Party Committee, highlighted Vinh Phuc's strategic location, modern infrastructure, and open investment policies.

With over 475 foreign direct investment (FDI) projects from 20 countries and a total registered capital exceeding $8.4 billion, Vinh Phuc continues to position itself as an attractive destination for investors, he said.

Reaffirming the province’s commitment to supporting businesses, Mr. Vinh assured investors—especially those from the Middle East—of Vinh Phuc’s dedication to creating an optimal investment environment.

During the discussion session, UAE businesses expressed keen interest in sectors such as supporting industries, renewable energy, real estate, tourism, and services. Investors were particularly drawn to the province’s preferential policies, including tax incentives, land allocation benefits, site clearance assistance, and high-quality human resource training programs—further reinforcing the province’s appeal as a prime investment destination.

-Khánh Vy

"The visit aims to strengthen the economic relationship between Normandie and Vietnam, particularly in gastronomy and high-end agricultural products."

A delegation from the Normandie region (France) visited Vietnam from April 23-26 to promote products and seek cooperation opportunities in the Southeast Asian market.

The delegation included Delphine Wahl, General Director of the Normandie Chamber of Commerce and Industry, Michelin-starred chef David Gallienne (winner of Top Chef France 2020), and representatives from several prominent businesses in the region.

During their visit, the delegation engaged with restaurants, hotels, and importers in Ho Chi Minh City and Hanoi, as well as with the Escoffier Chefs Association and the Vietnam Chefs Association.

"This visit aims to strengthen the economic relationship between Normandie and Vietnam, particularly in gastronomy and high-end agricultural products,” said Ms. Wahl.

“Vietnam is currently an important trading partner of France in Southeast Asia, with French exports to Vietnam estimated at.€1.5 billion (approximately $1.7 billion) in 2024. Of this, agricultural and forestry products account for 9.9% of France’s exports to Vietnam," she said.

Highlighting Vietnam’s attractiveness for foreign businesses, Ms. Wahl added: "With a population of 100 million and an average growth rate exceeding 6% over the past decade, combined with the benefits of the EU-Vietnam Free Trade Agreement, Vietnam presents an exciting opportunity for French businesses, particularly in the high-end food sector."

Regarding broader cooperation between Normandie and Vietnam, Ms. Wahl elaborated: "Normandie has extensive economic and trade relations with Asia, with Vietnam serving as a strategic partner. In 2024, Asia accounted for 12.7% of Normandie’s exports and 14.2% of its imports. Many businesses and signature products from Normandie—including Isigny, Seafrigo, and Towt—are already present in Vietnam and well-received by consumers, especially high-end culinary items such as cider, Calvados, and cheese."

Despite the opportunities, Ms. Wahl acknowledged three key challenges faced by French businesses investing in Vietnam: tariffs, unclear legal regulations, and limited awareness programs, training, and experience-sharing initiatives.

She emphasized the need for more support programs and problem-solving initiatives to facilitate effective business cooperation between French investors and Vietnamese partners.

-Quỳnh Như

It serves as a key link in the transnational logistics chain, catering to growing import, export, and transit cargo demands from Laos and Northeast Thailand to the sea.

Berth No. 3 of the Lao - Viet International Port, located in Ha Tinh province, is set to officially begin operations on April 28.

Developed by the Lao - Viet International Port Joint Stock Company, the project has a total investment of nearly VND1 trillion ($38.5 million).

The berth spans a land area of 43,928 sq.m and a water surface area of 42,000 sq.m, designed to accommodate cargo ships with a tonnage of up to 45,000 DWT. It boasts an annual cargo handling capacity of approximately 2.15 million tons.

With a length of 225 m, Berth No. 3—when combined with Berths No. 1 and No. 2—forms a continuous quay system totaling 697 m. This infrastructure can simultaneously handle three large vessels weighing 50,000 - 55,000 tons or six to seven medium-sized vessels ranging from 3,000 - 4,000 tons, significantly enhancing cargo circulation and logistics efficiency in the region.

The commissioning of Berth No. 3 marks a milestone in strategic seaport infrastructure development, strengthening socio-economic ties between Vietnam and Laos. It serves as a key link in the transnational logistics chain, catering to growing import, export, and transit cargo demands from Laos and Northeast Thailand to the sea.

Additionally, Berth No. 3 is expected to attract domestic and foreign investment, fostering the creation of a dynamic inter-regional logistics center and expanding marine economic opportunities across Vietnam's Central region.

-Phương Nhi

The EBI based on three main criteria: infrastructure and human resources, business-to-consumer transactions, and business-to-business transactions.

Hanoi tops the E-Commerce Business Index (EBI) 2025 which was announced by the Vietnam E-Commerce Association on April 25, according to a report from the Vietnam News Agency.

The EBI 2025 report shows that Hanoi leads the ranking with 74.7 points, followed by Ho Chi Minh City with 73.5 points, and central Da Nang city with 28.1 points.

The index was developed based on surveys of thousands of businesses across the country.

The EBI is based on three main criteria: infrastructure and human resources, business-to-consumer (B2C) transactions, and business-to-business (B2B) transactions. A locality’s ranking depends on improvements in these criteria and their subcomponents.

The average score for the index this year is 9.3 points, underlining the significant disparity in e-commerce development between Hanoi, HCM City, and the remaining provinces and cities. 

 

 

 

-Vân Nguyễn

At a meeting on April 26, Prime Minister Pham Minh Chinh calling for prompt preparations to start the construction of the Lao Cai–Hanoi–Hai Phong railway project in 2025 and the North–South high-speed railway in 2026.

At the second meeting of the Steering Committee for key national railway projects, held in Hanoi on April 26, under his chair,  Prime Minister Pham Minh Chinh has called for prompt preparations to start the construction of the Lao Cai–Hanoi–Hai Phong railway project in 2025 and the North–South high-speed railway in 2026.

The PM, who is also head of the Steering Committee for key national railway projects, was quoted by the Government News as noting at the meeting that the Government expects construction of the $67 billion North-South high-speed railway will begin on December 2026, aiming to revolutionize national transportation and boost economic growth.

The projected high-speed railway, covering 1,541 kilometers, will connect Hanoi's Ngoc Hoi Station with Ho Chi Minh City's Thu Thiem Station, and include 23 passenger stations and 5 freight stations.

The projected double-track railway will have a design speed of 350 km/h and an axle load of 22.5 tons.

As a national key project, the North-South high-speed railway is Vietnam's first large-scale high-speed rail initiative, requiring advanced technology and rapid implementation.

For the Lao Cai–Hanoi–Hai Phong railway project, the relevant agencies were asked to discuss and urge the Chinese side to expedite the loan agreement negotiations.

The new railway line will span approximately 390.9 kilometers for the main route and include 27.9 kilometers of branch lines. The project will traverse nine localities of Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Ha Noi, Bac Ninh, Hung Yen, Hai Duong and Hai Phong. Starting at the border crossing point in Lao Cai Province, the line will end at Lach Huyen Station in the port city of Hai Phong.

The main line from the new Lao Cai Station to Nam Hai Phong Station will be designed for speeds up to 160 km/h, while sections through Hanoi will operate at 120 km/h and the remaining will run at 80 km/h.

The costs of the project is estimated at VND203.2 trillion (about $8.369 billion).

-Vân Nguyễn

The auction is scheduled to take place in the second quarter of 2025.

The People's Committee of Nghe An province has approved a plan to auction mining rights for 10 mineral mine areas located in Hoang Mai town, and the districts of Nam Dan, Thanh Chuong, Tan Ky, and Quy Hop.

These mine areas have not yet undergone exploration or assessments for reserves and quality, and the auction is scheduled to take place in the second quarter of 2025.

According to the People's Committee, the auction aims to ensure efficient, reasonable, and sustainable management and exploitation of mineral resources, while increasing economic efficiency and minimizing environmental impacts.

Additionally, the initiative seeks to unlock the potential of mineral resources, attract investment, enhance resource utilization, and boost revenue for the state budget.

Furthermore, the auction will play a crucial role in curbing illegal mineral exploitation, which often leads to resource wastage, environmental pollution, and social security disruptions.

-Nguyễn Thuấn

The industrial cluster covering 24.3ha in Gio Linh district.

The People’s Committee of central Quang Tri province has decided to set up Gio Linh Industrial Cluster, which will cover 24.3ha in Gio Linh district.

Infrastructure investment capital for the cluster is estimated at over VND293 billion ($11.1 million). Infrastructure construction will be implemented from 2025 to 2028.

The multi-industry cluster will give priorities to sectors such as electronics, agro-forestry and fishery processing, solar power equipment manufacturing, food processing, and industries that apply high technology and generate sustainable value.

Under the provincial master planning for 2021-2030 period, Quang Tri will have 25 industrial clusters with a total area of 899.15ha.

Currently, there are 17 industrial clusters in the province, covering 527.5ha. The average occupation rate is 65.1%.

 

 

 

-Nguyễn Thuấn

The total investment capital for the project amounts to nearly VND580 billion (nearly $22.3 million).

The Management Board of the Economic and Industrial Zones of the centrally-run city of Hue has approved investment policy for a social housing project in the Chan May urban area, located within the city's Chan May - Lang Co Economic Zone.

The project aims to address the housing needs of workers and enhance social infrastructure in the area.

Spanning nearly 18,800 sq.m, the project will include 898 apartments, of which 780 units will be social housing, designated for beneficiaries under the Law on Housing 2023, particularly workers and laborers in industrial zones. The remaining 118 apartments will be commercial housing, offering diverse housing options for residents.

Upon completion, the project is expected to accommodate over 2,000 people, significantly contributing to housing needs in the Chan May - Lang Co Economic Zone.

The total investment capital for the project amounts to nearly VND580 billion (nearly $22.3 million). Under the current plan, construction must be completed within 24 months from the date of land allocation or lease.

The project's funding will be primarily mobilized by the investor, with a minimum contributed capital of at least 20%.

-Nguyễn Thuấn

During Japanese Prime Minister Ishiba Shigeru's upcoming official visit to Vietnam, the two sides are expected to discuss the progress of 15 renewable energy projects in Vietnam, with a total investment of up to $20 billion.

In a press briefing on April 23, ahead of Japanese Prime Minister Ishiba Shigeru's upcoming official visit to Vietnam, Japanese Ambassador to Vietnam Ito Naoki emphasized that strengthening relations with Vietnam is a cornerstone of Japan's foreign policy.

Japan expects to strengthen cooperation with Vietnam in key emerging sectors like digital transformation, green transition, innovation, and science and technology, as the latter strives to become a  developed country by 2045, according to the Japanese ambassador.

The ambassador was quoted by the Government News as saying that Prime Minister Ishiba Shigeru's  upcoming visit is expected to reaffirm the shared commitment between the two countries to enhance cooperation in critical areas such as security and defense, economic growth, and addressing both regional and global challenges.

Ambassador Ito highlighted Japan's focus on advancing high-level diplomacy to promote its "Free and Open Indo-Pacific" strategy, which upholds a rule-based international order.

Praising Vietnam's rapid reforms under the leadership of Party General Secretary To Lam, the Ambassador noted that the ongoing transformation presents an opportunity for Japan to deepen its engagement. "This is a new era for Vietnam," the Japanese diplomat said, adding that "Japan is eager to support this journey and contribute to peace and prosperity in the region and beyond."

According to the ambassador, during the visit, the two sides are expected to discuss the progress of 15 renewable energy projects in Vietnam, with a total investment of up to $20 billion. These initiatives are part of the Asia Zero Emission Community (AZEC), a Japan-led initiative aimed at promoting decarbonization across the region.

Ambassador Ito also revealed plans to expand cooperation in areas such as semiconductor training, defense technology, labor, tourism, and Japanese language education for Vietnamese citizens.

"The visit by Prime Minister Shigeru will lay the groundwork for in-depth discussions that will further unlock opportunities for collaboration between our two nations," the ambassador said, stressing the growing importance of bilateral cooperation amid a rapidly changing global landscape.

Earlier, the Ministry of Foreign Affairs announced that Japanese Prime Minister Ishiba Shigeru and his spouse will pay an official visit to Vietnam from April 27 to 29.

In November 2023, the two countries signed a Joint Statement on the elevation of relations to a Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World.

-Vân Nguyễn

Seamaster Paint advances quality and sustainability with innovative coatings tailored for green buildings and extreme environmental conditions.

A diverse color system, strong waterproofing ability, smooth finishes, excellent color fastness, and environmentally friendly characteristics - these are some of the defining features that have helped Seamaster Paint stand out, especially in the context of green building development. These attributes are seen as central to its efforts to improve overall product quality.

Based in the Vietnam Singapore Industrial Park in Binh Duong, Seamaster Paint operates a factory focused on producing and supplying high-quality paints and coatings. The facility follows strict production processes and uses advanced equipment to meet rising market demands. The company’s Green Label-certified products have gained support and recognition from customers, particularly those prioritizing sustainability.

Among its product offerings, Seamaster Paint has introduced two strategic lines. Building on the success of its Weathercare high-performance wall coating, the company launched a new product developed with advanced technology from Singapore - Weathercare Supreme. This upgraded version offers enhanced protection against harsh weather conditions and improved durability in terms of color fastness over time.

Weathercare Supreme is currently the flagship product the company is promoting. It provides up to 10 years of protection for exterior surfaces, double the performance of the original Weathercare Excel. According to the manufacturer, this extended lifespan not only ensures better quality but also leads to cost savings for building projects.

Beyond durability, Weathercare Supreme is also positioned as a strong waterproofing solution. It forms a protective film that helps prevent issues such as water damage, mold, fungus, paint peeling, and carbonation. It also resists chalking and helps maintain surface cleanliness over time, contributing to long-term preservation of building structures.

In parallel, the company has also introduced Seamaster Fireguard, a fire-retardant paint that is also environmentally friendly. The product has received certification from the Fire and Rescue Police Department and testing reports from SGS.

Thanks to its specialized formula, Fireguard is capable of withstanding temperatures of up to 1,000°C. It is suitable for both interior and exterior use and is designed to protect steel structures in buildings such as airport terminals, shopping malls, sports centers, power plants, theaters, and offices. It offers fire resistance of up to 120 minutes on metal surfaces and up to 90 minutes on wood, combining fire safety with an aesthetic finish.

With more than 65 years of experience in the industry, Seamaster Paint continues to follow standardized manufacturing practices aligned with its parent company in Singapore. The brand positions itself as a trusted supplier of decorative and protective paints, aiming to deliver consistent quality and service. Its emphasis on eco-friendly solutions aligns with current trends in green architecture and smart urban development.

Seamaster’s investments in technology and innovation are seen as contributing not only to the functionality of its products but also to broader goals around sustainable construction and the evolving architectural landscape in Vietnam.

Seamaster Paint (Vietnam) Co., Ltd
16 Tu Do Avenue, Vietnam Singapore Industrial Park, Thuan An, Binh Duong
Tel: (0274) 3756118
Web: www.seamasterpaint.com.vn

-Diep Linh

Imexpharm aims for VND2,981 billion in total revenue and VND493.5 billion in profit before tax in 2025, focusing on high-tech products, RD, and market expansion. People’s Doctor, Pharmacist Tran Thi Dao, General Director of Imexpharm, speaks at Imexpharm's 2025 Annual General Meeting. Photo: Imexpharm

Imexpharm, a key player in Vietnam’s pharmaceutical industry, outlined its 2025 growth plan at its recent Annual General Meeting (AGM). The company is aiming for total revenue of VND2,981 billion ($119.24 million) and a profit before tax of VND493.5 billion ($19.74 million), representing year-on-year increases of 18.6 per cent and 22.1 per cent, respectively.

2024: Resilience amidst volatility

In his opening remarks, Mr. Sung Min Woo, Chairman of the Board, stated: “2024 was marked by global uncertainty and volatility. However, with the unified efforts of our Board of Management and all our employees, Imexpharm delivered market-outpaced performance. 2025 is a cornerstone year for Imexpharm’s long-term vision of becoming a leading Asian pharmaceutical company, focusing on high-tech, high-value-added products capable of competing confidently on the global stage.”

In 2024, Imexpharm recorded net revenue of VND2,205 billion ($88.2 million), an 11 per cent increase from 2023. Notably, the ETC channel grew 56 per cent, with revenue from EU-GMP standard injectable products making up 33 per cent of total revenue. EBITDA reached VND521 billion ($20.84 million), up 12 per cent, and profit before tax hit VND404 billion ($16.16 million), achieving 96 per cent of the annual target. Following this performance, the company made a strategic decision to adjust its dividend payout from 20 per cent to 5 per cent of the charter capital to preserve cash flow for strategic investments, particularly in the Cat Khanh Pharmaceutical Factory Complex Project (IMP5).

2025: Strengthening core capabilities

Imexpharm’s 2025 business targets also include net revenue of VND2,649 billion ($101.8 million), up 20.1 per cent; and EBITDA of VND635 billion ($24.4 million), an increase of 21.9 per cent. The EBITDA margin is expected to be maintained at a high level of 24 per cent, indicating a stable operational outlook and sustainable profitability.

To achieve these targets, Imexpharm plans to launch 16 new products, including high-tech offerings such as "first generics," biosimilars, and complex dosage forms, which are expected to contribute 5-10 per cent of revenue. Additionally, the company is expanding its production capacity, focusing on the Cat Khanh Pharmaceutical Factory (IMP5), designed to meet EU-GMP standards. This factory is expected to begin operations in 2028 and will focus on specialized therapeutic areas like gastrointestinal, cardiovascular, and diabetes treatments, which require high technical content.

Imexpharm is also expanding its market coverage, particularly in the Northern region. In 2024, the company restructured its sales system, which helped achieve nearly 50 per cent growth in customer numbers. This momentum continued into Q1 2025, contributing to higher revenue and increased brand recognition.

Imexpharm’s high-tech EU-GMP certified manufacturing facility. Photo: Imexpharm

Mr. Nguyen An Duy, CFO of Imexpharm, emphasized the role of digital transformation and performance management as key levers for the next growth phase. Intelligent reporting systems, integrated financial-operational-sales data management platforms, and an effective management model are enabling the company not only to control costs but also to make faster, more accurate decisions. Imexpharm aims to become the leading pharmaceutical company in Vietnam in terms of ESG practices, risk management, and compliance with international standards and best practices, thereby maximizing value for shareholders and the community.

Imexpharm’s management affirmed that product growth, network growth, and operational efficiency are the three strategic pillars that will help Imexpharm realize its medium- and long-term vision.

Building trust through transparency and expertise

The discussion session at the 2025 AGM reflected shareholders' keen interest in key strategic issues, from the future product portfolio and long-term competitiveness to the ownership structure and the company's market position.

Regarding competitiveness, People’s Doctor, Pharmacist Tran Thi Dao, General Director of Imexpharm, highlighted three key factors driving Imexpharm's outstanding growth momentum: EU-GMP standard manufacturing capabilities, a portfolio of new-generation antibiotics with broad hospital coverage, and a lean, transparent, and efficient operating model. This forms the foundation for the company not only to lead the antibiotic market but also to expand into complex, high-tech therapeutic groups.

Inside Imexpharm’s EU-GMP certified pharmaceutical manufacturing facility. Photo: Imexpharm

In the current market landscape, antibiotic resistance is increasingly becoming a serious global issue, threatening treatment efficacy and public health. Imexpharm has prioritized the research and development of new-generation antibiotics to meet growing market demand. Mr. Le Van Nha Phuong, Chief Production Officer, elaborated on three key therapeutic areas the company is actively developing: cardiovascular, gastrointestinal, and diabetes. These areas currently represent a market size of over VND50 trillion ($20 billion) and are experiencing stable compound annual growth rates of 8-13 per cent, particularly in diabetes, where treatment demand is continuously rising (source: IQVIA).

“Building on the impressive results of 2024, 2025 marks a year of accelerated ambition for Imexpharm,” emphasized the General Director of Imexpharm. “This year, IMP will continue to intensify RD for high-tech products such as 'first generics,' biosimilars, and complex dosage forms…, expand EU-GMP production capacity, enhance operational efficiency, and target export markets. The Cat Khanh Pharmaceutical Factory Complex Project (IMP5), expected to break ground by the end of 2025, will be a crucial driver, helping Imexpharm meet increasing demand and solidify its position in the segment of high-tech, high-value drugs produced on EU-GMP lines.”

-Diep Linh

The KRX trading system offering a wider range of functionalities.

A new trading system of the Vietnam Securities Market (KRX System) is set to be rolled out from May 5, the Vietnam News Agency quoted the Ho Chi Minh Stock Exchange (HOSE) as reporting.

Full details of the system’s enhanced features have been made available on the HOSE’s official website at http://hsx.vn, where investors can access further information.

In anticipation of the system’s launch, brokerage firms and market participants have begun organizing a series of training and information sessions aimed at helping investors navigate the upcoming changes in trading regulations brought about by the platform.

SSI Securities Corporation confirmed that it is actively preparing for the transition in cooperation with other market members. The system switch-over is scheduled to take place between April 30 and May 4, with official operations commencing on May 5.

According to SSI, the platform is expected to offer a wider range of functionalities, laying the groundwork for the introduction of new products and services.

-Vân Nguyễn

The company has been found operating without an environmental permit.

The People's Committee of the southern province of Dong Nai has imposed a VND780 million ($30,000) administrative fine on Viet-Phap Animal Feed Joint Stock Company (Proconco) for five environmental protection violations.

Additionally, the company’s facility generating waste without an environmental permit has been suspended for 4.5 months.

Vice Chairwoman of the People's Committee Nguyen Thi Hoang recently issued the decision on administrative penalties, targeting Proconco, headquartered in Bien Hoa 1 Industrial Park,  in the province's Bien Hoa City.

First, the company has been found operating without an environmental permit, despite being required to obtain one under the licensing authority of the provincial People's Committee.

Second, Proconco has failed to conduct periodic monitoring of industrial dust and emissions, as required by environmental regulations.

Third, during an inspection on March 17, 2025, by the provincial Department of Agriculture and Environment, authorities discovered that the company lacked a safe operating platform at dust and gas sampling points, including the gas sampling hole at the exhaust pipe following the fabric filter treatment system of the feeding system.

Fourth, the company has exceeded technical waste regulations, discharging exhaust gas at levels two to three times higher than permissible limits, with an exhaust gas flow rate ranging from 5,000 m³/hour to under 10,000 m³/hour.

Fifth, Proconco has failed to comply with the environmental impact assessment report, violating regulations under the approval authority of the provincial People's Committee.

-Hằng Anh

The event aimed at promoting the tech ecosystem in Vietnam.

The Vietnam Blockchain and Artificial Intelligence Week (Super Vietnam 2025) is scheduled to take place in central Da Nang city from June 4 to 6 with the aim of promoting the tech ecosystem in Vietnam, according to an announcement releaseed by the organizer of the event on April 23.

Key activities include a high-level conference on blockchain and AI development, thematic forums on tech trends, enterprise applications, and investment vision, as well as blockchain and AI forums.

A highlight will be the Super Vietnam Expo, which features nearly 50 booths from leading Vietnamese and foreign firms showcasing innovations in blockchain, AI, fintech, gaming, and data technologies.

Besides, the week will host various activities, such as the Super Vietnam PitchFest, a deal-making (business-to-business) connection, a job fair, a tech tour, and a talent incubation program signing ceremony.

The event is expected to attract 7,000 visitors.

 

-Như Quỳnh

As of March this year, Vietnam had 42,760 valid FDI projects, with a total registered capital of $510 billion.

With 42,760 valid foreign direct investment (FDI) projects, and a total capital of $510 billion registered in Vietnam,  accumulatively as of the end of March this year, the country ranks among top 15 countries worldwide in attracting FDI, according Deputy Minister of Finance Do Thanh Trung,

The deputy minister made the statement  when addressing the Vietnam Connect Forum 2025 which was co-hosted in Hanoi on April 23 afternoon by Vietnam Economic Times (VET) and the Institute for Policy and Strategy (under the Party Central Committee’s Policy and Strategy Commission).

However, high-tech sector only accounted for about 5 per cent of the total FDI volume, far below expectations, according to Mr. Trung.

He told the forum that Vietnam can no longer rely on cheap labor or low energy costs to remain competitive, adding that the country needs to transit to a new phase of selective investment attraction,  with a focus on high-tech projects that  employ a skilled workforce and contribute to upgrading the value chain.

According to the deputy minister, a key pillar in enhancing the quality of FDI lies in domestic workforce. Vietnamese workers in FDI enterprises are among the most elite labor sources. Notably, many Vietnamese professionals have taken on key positions in the management structures of foreign enterprises. This demonstrates that Vietnam offers a favorable and suitable environment for FDI businesses.

Deity Minister Trung said that the Vietnamese government has identified institutional reform and administrative modernization as essential prerequisite, and that efforts will be made to accelerate the reform of tax, customs, and investment-related administrative procedures, with a focus on automation, digitalization, transparency, and reducing compliance costs for businesses.

 

-Vân Nguyễn

Monetary and fiscal policies have a key role to play as Vietnam continues to green its economy.

Vietnam’s bold commitment to reaching net-zero emissions by 2050 reflects the strong resolve of the Party and the government to build a green, carbon-neutral economy and actively contribute to global climate action. This commitment is deeply embedded in the National Green Growth Strategy for 2021-2030 and Vision towards 2050. Building a green economy is no longer just a strategic direction or a matter of simple encouragement, it is an inevitable path in today’s global economic landscape. Vietnam must lay out a clear roadmap for greening its economy, with monetary and fiscal policies playing a central role.

Growth driver

Under Decision No. 1658/QD-TTg, issued on October 1, 2021, approving this National Green Growth Strategy, the overarching goal is for green growth to drive economic restructuring while transforming the growth model to achieve economic prosperity, environmental sustainability, and social equity.

The concept of “green growth” has been defined by various international organizations. The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) describes green growth as a strategy for achieving sustainable development. Meanwhile, the World Bank (WB) defines it as an approach that ensures the efficient use of natural resources, minimizes pollution and environmental impact, enhances resilience to natural disasters, and strengthens environmental governance and natural capital management for disaster prevention.

While the vision and direction for developing a green economy are clear, translating them into concrete policies and effective implementation is crucial. Encouraging all economic actors to take action toward this shared goal is essential. Therefore, greening the economy must encompass three key pillars: (i) greening development policies; (ii) greening business management through sustainable projects and eco-friendly products; and (iii) greening lifestyles and consumption.

By prioritizing green growth and sustainable development in its energy transition, Vietnam can access international green financing pledged by developed nations. Notably, the EU committed $15.5 billion in support of Vietnam’s energy transition for green growth.

In the long term, Vietnam is among the countries most affected by global climate change, losing 1.5 per cent of its GDP annually, according to WB estimates. Successfully implementing green growth and sustainable development strategies will bring substantial benefits to the country. Now is the optimal time to promote a green economy and green growth, fostering new momentum for Vietnam’s economic expansion in the years ahead.

Focus on monetary policy

Establishing policy mechanisms to encourage green economic development is a fundamental pillar, serving both as a guiding force and a decisive factor for sustainable growth. This pillar must be prioritized for greening first.

Monetary policy, along with broader financial and resource mobilization strategies, plays a crucial role in channeling capital, natural resources, and human effort towards green growth. Key policies in this framework include green monetary policy, green fiscal policy, green energy policy, green transport policy, and green construction policy.

Vietnam has already laid the groundwork for this approach, as seen in Decision No. 403/QD-TTg dated March 20, 2014, which assigned specific tasks to various ministries under the National Action Plan for Green Growth for the 2014-2020 period. Among sectoral policies requiring greening, monetary and fiscal policies are the most critical. A structured roadmap and concrete measures are essential to incentivize economic resources for green growth using policy instruments.

For instance, the State Bank of Vietnam (SBV) can support commercial banks that provide medium and long-term green loans or hold highly-rated green bonds by offering refinancing options or discounting these bonds at preferential rates, such as a 0.5 per cent annual reduction. This would improve liquidity for banks while indirectly lowering interest rates on green projects.

Another approach is adjusting reserve requirements. Just as the SBV has previously reduced reserve ratios for banks with significant agricultural loan portfolios, it could introduce similar incentives for banks with a high proportion of green loans. This would encourage banks to allocate more funds to green projects and sustainable production.

A legal framework already exists to support these policies. Article 10 and Article 11 of the 2010 Law on the State Bank of Vietnam, along with Clause 5, Article 149 of the 2020 Law on Environmental Protection, clearly mandate the government to establish green credit policies. Accordingly, the SBV could propose the creation of a Green Refinancing Fund.

Through monetary policy, the government can channel resources into green projects and sustainable production by lowering refinancing rates and extending long-term funding to commercial banks. Additionally, reducing reserve requirements for banks heavily involved in green lending would free up capital for further investment in green growth.

A significant step forward would be establishing a Green Refinancing Fund sourced from foreign exchange reserves. Globally, central banks in Bangladesh, China, and India have implemented similar measures, such as Bangladesh’s $200 million Green Refinancing Fund and mandatory green lending quotas in China and India, starting at 5 per cent and increasing over time.

By adopting similar policies, Vietnam can effectively transmit its green growth agenda from financial institutions to businesses and the broader economy. With foreign exchange reserves exceeding $100 billion, allocating $500 million or more to a Green Refinancing Fund is both financially viable and legally feasible.

Indispensable role

On the journey towards a green economy, the crucial role of fiscal policy cannot be overlooked, alongside other supporting policies.

Vietnam’s experience with fixed electricity prices for solar energy highlights the need for a more market-oriented approach, with careful assessments and implementation roadmaps to prevent misuse.

Public procurement regulations could also promote green businesses. Companies bidding for government projects could receive additional points - at least 10, depending on the evaluation system - to help green manufacturers compete with non-green suppliers. If two bidders receive the same score, priority should be given to the green supplier.

Each ministry and sector should establish targeted policies to guide businesses and consumers towards green economic growth. Vietnamese enterprises, for example, must gradually increase transparency regarding energy sources, without which exports could face carbon taxes, making them less competitive globally.

Moreover, failing to ensure clean energy usage could deter major multinational corporations from investing in Vietnam, as they require sustainable energy sources to support global exports. The EU has already set a three-year timeline for such regulations, while the US and South American countries like those in the Caribbean may enforce them immediately upon legal adoption. This underscores the urgent need for the government to institutionalize sector-specific green policies.

Beyond monetary and fiscal policies, a truly green economy also requires sustainable corporate governance and conscious consumer behavior.

The Ministry of Natural Resources and Environment, now the Ministry of Agriculture and Environment, has drafted new recycling cost regulations aimed at efficiency and environmental protection. This makes it imperative for businesses to adopt circular economy models or sustainable production systems that emphasize clean inputs and eco-friendly outputs.

Beyond green production, sustainable economic development requires adherence to ESG (environmental, social, and governance) principles and alignment with the 17 United Nations Sustainable Development Goals (SDGs) Vietnam has committed to. These commitments should translate into concrete green business practices at the micro level.

To foster green lifestyles and consumption, the government must launch strong awareness campaigns to encourage people to become smart consumers, seeking out certified green products that protect both the environment and personal health. This shift must extend beyond households to government offices and workplaces. Additionally, public awareness should lead to boycotting non-eco-friendly products, including those from companies engaged in “greenwashing”.

 

Vietnam has enacted the Law on Supporting Small and Medium Enterprises and Decree No. 80/2021/ND-CP, which provides guidance on implementing the law. These regulations offer support for consulting and training costs related to corporate governance and management development, as well as governance and audit consulting for businesses. However, most enterprises have been unable to access these benefits due to overly complex procedures. Moving forward, these policies must be made more transparent, administrative procedures streamlined, and unnecessary bureaucratic barriers removed to ensure businesses can effectively access the support they need.

 

(*)Dr. Pham Xuan Hoe is the General Secretary of the Vietnam Leasing Association and former Deputy Director of the Banking Strategy Institute

 

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-By Dr. Pham Xuan Hoe (*)

The U.S. Department of Commerce on April 21 announced that it would be imposing tariffs on solar panels imported from four Southeast Asian countries, including Vietnam.

Vietnam is ready to engage in dialogue with the U.S. following the latter’s announcement of steep tariffs on solar panels imported from four countries in Southeast Asia, including Vietnam, the Government News quoted Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang as stating at a press conference in Hanoi on April 24.

Vietnam is willing to work with relevant U.S. authorities to resolve the matter, ensuring that all information is reviewed in an objective and fair manner and in line with international practices, thereby promoting bilateral cooperation in economy, trade, and investment, the spokesperson said.

"We remain committed to fostering trade activities in a fair and transparent manner, while safeguarding the legitimate rights and interests of businesses operating in Vietnam," she stressed.

The U.S. Department of Commerce on April 21 announced that it would be imposing tariffs on solar panels imported from four Southeast Asian countries, including Vietnam. The average tariff rate for Vietnamese firms is expected to be around 395.9 per cent, with some companies facing potential duties of up to 800 per cent.

-Phạm Long

[11] Some 400 exhibitors from many countries and territories attending the event. Tóm tắt

The Global Sourcing Fair Vietnam 2025 opened in Ho Chi Minh City on April 24,  with 500 booths showcased by  400 domestic and foreign exhibitors.

In addition to domestic participants, foreign exhibitors  mainly came from India, Hong Kong (China), Bangladesh, the Philippines, the Republic of Korea (RoK), and the Netherlands.

During the three-day event, which has been co-organized by VINEXAD and Global Sources of Hong Kong (China), nearly 30,000 export-standard products are displayed, covering key sectors including fashion and accessories, home decor and gifts, and consumer electronics.

The fair is expected to welcome over 10,000 buyers, sourcing agents, and retailers from major markets such as the US, Canada, Germany, France, Spain, the UK, the Middle East, the UAE, China, Japan, and the Republic of Korea.

 

 

-Vân Nguyễn

The province has set an ambitious target of completing at least 13,787 apartments between 2021 and 2030.

In 2025,  the central province of Thanh Hoa is set to finalize investment policy approvals, launch bidding processes to select investors, and begin implementing eight new projects as part of its broader social housing initiative.

The province has set an ambitious target of completing at least 13,787 apartments between 2021 and 2030, including approximately 6,287 units in the 2021–2025 phase and around 7,500 units in the 2026–2030 phase.

To date, the Provincial People's Committee has listed 27 social housing projects, of which 13 are currently under construction, while 14 still require investor selection.

To facilitate investment, the Provincial People's Council has issued a resolution identifying 14 social housing land plots requiring competitive bidding for land-use investment projects. It is expected that in 2025, investment policy approvals will be completed, with bidding processes launched to select investors for eight out of the 14 projects.

Most recently, the Provincial People's Committee approved the investment policy for a Social Housing Project in Quang Thanh Ward, Thanh Hoa City, through an investor bidding process.

This project, with a total investment of over VND1.4 trillion ($53.76 million), will span approximately 6,342 sq.m and provide 734 apartments, accommodating an estimated 2,000 residents.

-Nguyễn Thuấn