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economic development

LG to build first semiconductor substrate plant in Việt Nam

LG to build first semiconductor substrate plant in Việt Nam

LG Innotek, an affiliate of the Republic of Korea''s LG Group, has announced a plan to build its first semiconductor substrate plant in Việt Nam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions...
Hải Phòng taps infrastructure investment to sustain double-digit growth

Hải Phòng taps infrastructure investment to sustain double-digit growth

Backed by the country’s highest public investment disbursement rate in the first four months of the year, Hải Phòng is accelerating major infrastructure projects to sustain rapid growth and strengthen its position as a leading industrial and logistics hub in...
Quảng Ninh accelerates efforts to post 12.08% Q1 growth

Quảng Ninh accelerates efforts to post 12.08% Q1 growth

In February, Quảng Ninh authorities rolled out synchronised measures to sustain production and business activities while ensuring a well-organised Lunar New Year for residents. The province welcomed 4.1 million visitors, including more than 1.1 million during the Tết holiday alone.
PM urges stronger efforts to achieve 2026 economic growth targets

PM urges stronger efforts to achieve 2026 economic growth targets

State budget revenue in 2026 is targeted to rise by at least 10 per cent compared with the 2025 estimate. Tax and fee reductions and land rental support will be extended to assist people and businesses, especially small and medium-sized...
PM directs tasks to boost economic growth

PM directs tasks to boost economic growth

Monetary tools, particularly exchange rates, interest rates and credit, must be managed flexibly and effectively to ensure the smooth, safe and stable operation of the monetary and banking systems
Hải Phòng Port reaches 2-million-TEU milestone

Hải Phòng Port reaches 2-million-TEU milestone

Handling the 2 millionth TEU in 2025 not only demonstrates Hai Phong Port’s operational capacity and the collective efforts of its workforce, but also highlights its increasingly important role in regional and global supply chains, the confidence of shipping lines,...
Hải Phòng speeds up establishment of specialised economic zone

Hải Phòng speeds up establishment of specialised economic zone

The project to establish the zone has been submitted to the Prime Minister, and its setup is ongoing.
Northern provinces dominate Việt Nams economic growth in first 9 months

Northern provinces dominate Việt Nam’s economic growth in first 9 months

Quảng Ninh led the country with an estimated GRDP growth of 11.66 per cent, the highest in a decade.
Quảng Ninh posts decade-high growth, pledges stronger support for businesses

Quảng Ninh posts decade-high growth, pledges stronger support for businesses

Quảng Ninh saw its economy expand at 11.66 per cent in the first nine months of this year, the highest rate in the past decade as well as the highest rate across 34 provinces and cities.
PM urges measures for strengthening state budget management

PM urges measures for strengthening state budget management

Prime Minister Phạm Minh Chính has ordered drastic measures to be taken to improve the management and governance of the state budget in the remaining months of 2025.
Hải Phòng powers up with new industrial cluster boost

Hải Phòng powers up with new industrial cluster boost

The 57.2-ha cluster will be developed by Tiến Phát Industrial Infrastructure Investment Joint Stock Company.
The economic potential of provinces after merger unlocks new space and momentum

The economic potential of provinces after merger unlocks new space and momentum

Experts say merging provincial and communal administrative units has d new economic opportunities, allowing localities to combine strengths in terrain, infrastructure, and key industries.
PM gives directions on key measures to boost economic growth this year

PM gives directions on key measures to boost economic growth this year

To meet this year''s ambitious goals, the PM stressed boosting growth, stabilising the economy, controlling inflation and ensuring key economic balances.
PM urges SOEs to participate in global supply chains

PM urges SOEs to participate in global supply chains

In his directive, the PM emphasised the need for SOEs to stay ahead of the curve by adapting quickly and flexibly to the rapidly changing, complex global environment. 
State budget revenue up nearly 26 per cent in first two months

State budget revenue up nearly 26 per cent in first two months

The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.