Economy

The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyen Duc Chi announced at the government’s regular press conference on March 5.

Due to the effects of global supply and demand developments, Vietnam's rice exports in the first two months showed a declining trend as export prices continuously fell.

From January to February, 516 new investment projects were registered, totaling more than 2.19 billion USD. This represented a 10% increase in the number of projects, but a 48.4% decrease in registered capital.

Australia’s East Asia Forum commended Vietnam as an economic development model, crediting the new leadership for pushing hi-tech innovation, mega infrastructure and institutional reforms.

Asia remained the dominant market for Vietnam’s agro-forestry-fisheries products in the first two months of 2025, accounting for 42.2% of the total export value.

The Ministry of Industry and Trade forecasts that in 2025, the retail market is projected to reach 350 billion USD, contributing 59% of the total state budget.

In recent times, the program "Accompanying young people to start a business and establish a career" with the highlight being the Innovative and creative startup competition has achieved many positive results.

Vietnam's retail market with positive growth prospects will support the development of the commercial real estate market this year.

In order to support young people in starting a business, the Department of Science and Technology has launched an innovative business incubation program.

Vietnam will create favourable conditions for the stock market to develop more breakthrough and innovative products, enhancing the quality of market offerings and attracting more investors.

With an urgent timeline to put the plant into operation by 2030 or 2031, the project faces significant challenges and requires a shift to a more flexible, accelerated management approach.

Long An province has been maximizing its potential and advantages in attracting investment with breakthrough, focused and synchronous strategies in improving the Provincial Competitiveness Index.