The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan.

Many car dealers have complained that the market is sluggish and the inventory level is alarming. The long-lasting losses have forced them to cut their workforce or even consider shutting down.

Vietnam attracted approximately US$8.88 billion of foreign direct investment (FDI) during the opening four months of the year, equivalent to 82.1% of the amount recorded during the same period from last year, according to the Ministry of Planning and Investment (MPI).

Export turnover in HCMC reached over US$10 billion in Q1, a 17% decrease year-by-year, and also the sharpest decline in 22 years.

Vietnam attracted nearly 5.45 billion USD worth of foreign investment in the first quarter of the year, down 39% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The Vietnam Report JSC on March 24 announced top 10 construction material companies of Vietnam in 2023.

Vietnam will begin reducing its unofficial exports in 2025 to prevent congestion at land borders, especially with China, according to a draft government decree.

Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's report released on March 13.