Social housing expected to fuel property market

Prime Minister Pham Minh Chinh has signed an official dispatch on urgent measures to guarantee sufficient electricity supply during the peak months of 2025 and beyond.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,254 VND/USD and the floor rate 23,754 VND/USD.

Vietnam is set to make a groundbreaking entry into the 'low-emission' rice market in Japan, with its first export shipment in June.

Hanoi recorded strong performance in five-month revenue from domestic sources, which reached 346.9 trillion VND to account for 73.2% of the annual target and mark a 55.4% year-on-year increase.

Both local authorities and business community are diversifying markets, products, and supply chains; while improving product quality and competitiveness. They are also capitalising on free trade agreements to sustain export and import competitiveness.

A wide range of Vietnamese agricultural products are entering the peak harvest time, resulting in thousands of trucks arriving daily at the border gates in Lang Son province for export to China.

Apart from promoting business development, Hanoi has implemented a range of credit policies to support production and business activities.

The increased frequency on these two major international routes is expected not only to better accommodate growing passenger demand during the peak travel season, but also to strengthen Vietnam’s connectivity with two key aviation hubs in Southeast Asia.

Breaking down the figures, agricultural products accounted for 15.29 billion USD, up 16.3% while livestock products totalled 217.2 milion USD, an 11.7% increase.

On average, the CPI over the first five months climbed 3.03% year-on-year, reflecting a stable and well-controlled upward trend in prices.

Despite being weeks away from peak harvest season, Hung Yen’s signature egg-shaped lychees are already sold out thanks to a surge in pre-orders.

At the event, both sides acknowledged the current state of agricultural trade cooperation while sharing information about business needs and collaboration potential. The discussions opened concrete pathways to promote high-quality agricultural exports from Iowa to Vietnam and vice versa.

As Vietnam gears up for a bumper lychee harvest in 2025, estimated to reach 303,000 tonnes, up 30% from 2024, the agricultural sector, in coordination with localities, is proactively deploying measures to enhance fruit quality, expand markets, and boost exports.

The dredging of the Ky Ha marine fairway not only enhances Chu Lai Port’s capacity to receive large vessels but also opens up significant opportunities for it to directly connect with international sea routes, no longer depending on traditional transshipment ports.

Outstanding-quality lychees, meeting strict technical standards, from Thanh Ha district in the northern province of Hai Duong arrived in Paris and appeared on shelves of a supermarket in Paris after only five hours of import.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,982 VND/USD on June 3, up 12 VND from the previous day.

Vietnam’s Doi Moi (Renewal) process started in 1986, but it was not until the 1991-1995 period that the market mechanism with State management through laws, plans, policies, and other tools began to generate positive results.

The annual event aims to promote Vietnamese agricultural products, honour farmers, connect businesses with consumers, and foster cross-cultural exchange, according to Le Huu Luan, secretary to the chairman of Suoi Tien Theme Park.

The drive toward listing is part of a broader strategy among banks to strengthen capital bases.

Vietnam needs an estimated sum of 3.3 quadrillion VND (136 billion USD) for electricity generation and power grid development in 2025-30 period.