Vietnam's pharmaceutical market sees major M&A deal

The two-way trade has seen steady growth over the years, exceeding 5.4 billion USD in 2024. However, huge potential and room remains for economic, trade, and investment cooperation between the two countries.

Being named among Southeast Asia’s 30 most valuable brands not only affirms Vietcombank’s internal strength but also demonstrates the rising potential of Vietnamese brands in the regional market.

Despite challenges, Vietnam recorded positive econnomic signals during the first five months of 2025 as the Government stays steadfast in the growth target of over 8% this year and double-digit expansion beyond.

Strategic vision, flexible execution, and open collaboration will be critical to shaping a sustainable financial future for Vietnam in this era of transformation.

Introducing the centre’s role and significance at the 15th legislature’s ongoing 9th session, Binh stated that it will be a diverse ecosystem of financial services concentrated within a specific area, bringing together many financial institutions such as banks, investment funds, financial service companies and trading platforms like securities, currency, and commodities exchanges, along with a wide range of supporting services.

Of the sum, domestic revenue was estimated at 987.5 trillion VND, equivalent to 59.2% of the estimate and up 27.6% year-on-year, the ministry reported on June 10 at a meeting to review activities in May and implement tasks for June.

Banks are also being instructed to rigorously inspect loans involving real estate collateral.

The Ministry of Construction has approved a 66 trillion VND (2.6 billion USD) plan to upgrade Hai Phong’s port system by 2030, boosting capacity at the north’s largest port hub.

An official of the UK Department for Business and Trade identified green technology, fintech, health care, and many others as promising areas for deeper collaboration between Vietnam and the UK.

Amidst global trade uncertainties prompting Canada to diversify its markets, Vietnamese agricultural exporters, particularly those in the rice sector, are encouraged to seize this opportunity. Fully leveraging free trade agreements involving both countries will be key to quickly increasing Vietnam’s food exports to the North American nation.

The Organisation for Economic Co-operation and Development (OECD) forecasts Vietnam’s economic growth at 6.2% this year and 6% next year.

The State Bank of Vietnam set the daily reference exchange at 24,982 VND on June 11, down 3 VND from the previous day.

From January to May, nearly 66,800 new enterprises were licensed, representing a 0.6% year-on-year rise. These firms brought in 647.1 trillion VND in total registered capital and employed some 453,900 workers, up 6.2%.

This milestone marked a significant boost for local farmers as well as the consumption of the province’s signature plum variety to meet growing consumer demand nationwide.

From January to early June, the total import-export turnover through Lang Son’s border gates reached over 34 billion USD, up 36% year-on-year.

The minister called on the USABC and the US business community continue to support Vietnam in the process of negotiating a reciprocal trade agreement with the US, and coordinate to promote the investment and business potential and opportunities in Vietnam to US partners.

Businesses should embrace digital technology – from blockchain to verification codes and anti-counterfeiting techniques – to build a “digital shield” that helps consumers easily identify genuine products.

During this period, bank bonds constituted 67.1% of the total issuances, overshadowing the real estate sector, which accounted for only 20.8%.

Vietnam’s industrial production index (IIP) maintained strong growth momentum, rising 8.8% year-on-year in the first five months of 2025, compared to a 7.1% increase during the same period last year, according to data from the Ministry of Finance's National Statistics Office (NSO).

Aiming to double vehicle deliveries this year, VinFast is focusing on key markets including Vietnam, Indonesia, the Philippines, India, North America, and Europe, while also exploring new opportunities in the Middle East and Africa.