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 Airlines announced on Monday it plans to open one new Vietnam-India route per day beginning March 26, raising the number of flights between the two countries by 30%.

Minda Vietnam Automative Co., Ltd (Spark Minda) is a 100% Indian-owned enterprise headquartered in Binh Xuyen industrial park, Binh Xuyen district, Vinh Phuc province. After more than 10 years in Vinh Phuc, Spark Minda Vietnam has always affirmed its brand as a successful production - business enterprise in the province and carried out many volunteering activities, contributing to the community, towards the general development of the society. On the occasion of the Lunar New Year, Vinh Phuc Foreign Affairs Bulletin has an interview with Mr. Sarvesh Gupta - General Director of Minda Vietnam Automative Co., Ltd.