News

Reducing dependence on imported raw materials, localizing supply sources and recycling technology are the keys to success for Vietnamese aluminum enterprises from 2025.

The Law on Digital Technology Industry was passed by the National Assembly on June 14, opening up opportunities for businesses to participate more deeply in the semiconductor industry.

Many procedures are "stumbling blocks" for businesses, such as a Fintech that may need up to 5 people to specifically make reports to send to 5 Ministries and ministerial-level agencies for management.

Despite global trade tensions, Vietnam attracted $18.39 billion in FDI in the first five months of the year, up 51.2 percent year-on-year.

Prime Minister Pham Minh Chinh emphasized that Vietnam and France still have much potential for cooperation development, including in the field of urban transport.

In the context of globalization and fierce competition, trade policies of major powers can have profound impacts on supply chains and production and export activities. One typical example is former US President Donald Trump's strong tariffs on Chinese goods, which contributed to reducing the US trade deficit by 2,800 billion USD in just 4 years. This story provides many strategic perspectives for Vietnamese enterprises, especially the non-ferrous metal industry - a sector that is heavily dependent on international trade.

US manufacturing fell for a third straight month as import tariffs disrupted supply chains and pushed up input costs.

White House Economic Adviser Kevin Hassett said last weekend that three trade deals were ready to be presented to US President Donald Trump.

Deputy Prime Minister Nguyen Chi Dung said that Kioxia Group should take advantage of the opportunity to soon invest in the semiconductor sector in Vietnam.

After negotiations last weekend, the United States and China agreed to temporarily suspend a portion of retaliatory tariffs for 90 days and significantly reduce overall import taxes.

The US president said the country is moving towards making big things like military equipment and technology, instead of sneakers and T-shirts.

Officials have lowered benchmark interest rates, cut home loan rates, and drafted support policies for the stock market and businesses affected by import taxes.