Despite news of the U.S. imposing countervailing duties on Vietnam, many experts and foreign businesses still consider Vietnam one of the strategic locations for expanding manufacturing systems. Even though Vietnam is under significant pressure from the U.S.’s countervailing duties, experts believe that, in the long term, international businesses will still see Vietnam as a strategic [...]

On the afternoon of March 18, Prime Minister Phạm Minh Chính held a working session with the U.S.-ASEAN Business Council (USABC) delegation and approximately 60 major U.S. enterprises visiting and working in Vietnam, led by USABC President and CEO Ted Osius, former U.S. Ambassador to Vietnam. Prime Minister Phạm Minh Chính and USABC President and [...]

The Prime Minister has directed the completion of Long Thanh Airport by 2025 and its commercial operation from 2026, urging an accelerated construction pace, continuous work through holidays, and ensuring quality and safety. Commitment to Completing the Project in 2025! The Government Office has just issued Notification No. 139/TB-VPCP on March 28, 2025, summarizing Prime [...]

The city attracting nearly 1.64 million foreign visitors in the three-month period. The tourism industry of Ho Chi Minh City posted a revenue of over VND56.6 trillion ($2.19 billion) in the first quarter of the year, increasing 26.7% year-on-year, according to the city’s Department of Tourism. In March alone, tourism revenue is estimated to reach [...]

We are pleased to present the article “Developing the Private Economy – A Lever for a Prosperous Vietnam”. The nearly 40-year journey of renovation has marked a resilient, breakthrough, and development-aspiring Vietnam. From a centrally planned, inefficient economy with a per capita income of just 96 USD in 1989, Vietnam has risen strongly and is [...]

General Secretary Tô Lâm emphasized the need to renew thinking about the role and position of the private economy in the socialist-oriented market economy. Many private enterprises have affirmed their national position and brand through international investment, enhancing their influence and brand value in the domestic and international markets. (Photo: Truong Hai Automobile House (Thaco), [...]