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<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/27/433352_4.jpeg" alt=""></figure></td></tr><tr><td>VCCI have proposed that the SBV remove the regulation on business conditions for gold jewelry. — Photo cafef.vn</td></tr></tbody></table></figure>HÀ NỘI — The Vietnam Chamber of Commerce and Industry (VCCI) has proposed to abolish a regulation on gold import-export licences under a State Bank of Vietnam (SBV)’s draft decree.In an official dispatch sent to the SBV requesting comments on the SBV’s daft decree amending and supplementing a number of articles of Decree 24/2012 on the management of gold trading activities, VCCI proposed to abolish the gold import-export licence as gold import licences are only issued to gold production enterprises.Gold production enterprises are already licensed and strictly managed by the SBV, therefore, requiring an additional separate import-export licence is unnecessary, which will increase unnecessary procedures and costs.Regarding the conditions for granting licences to produce gold bars, the draft stipulates that enterprises must have a minimum charter capital of VNĐ1 trillion or more. VCCI cited feedback from enterprises that this regulation is too strict and is a big barrier that will eliminate the majority of enterprises to be qualified for participating in the market.This could lead to a situation that only a few enterprises can participate in the market, causing a limit in competition, undiversified supply sources, thereby affecting the rights and choices of the people.Regarding the business of gold jewellery and handicrafts, the draft decree continues to maintain the business conditions for gold jewellery and handicrafts.According to VCCI, maintaining the business conditions is in accordance with the provisions of the Investment Law, special requirements on safety or management, and the administrative reform policy.The regulation on business conditions is also not really suitable and supportive of the orientation of ‘Encouraging the development of the domestic gold jewellery market to gradually turn Việt Nam into a centre for manufacturing and exporting high-quality gold jewellery’ that the General Secretary Tô Lâm concluded at a meeting with the Central Policy and Strategy Committee on May 28, 2025.VCCI proposed that the SBV remove the regulation on business conditions for gold jewellery. — BIZHUB/VNS

VCCI proposed to abolish the gold import-export licence as gold import licences are only issued to gold production enterprises.

VCCI proposes to abolish regulation on gold import-export licences

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/27/433402_5202710234627153_276.jpg" alt=""></figure></td></tr><tr><td>A customer shops online.&nbsp;In Việt Nam, the e-commerce landscape is dominated by three major platforms. — VNS/VNA Photo</td></tr></tbody></table></figure> HÀ NỘI — Vietnamese consumers spent an estimated US$16 billion on online purchases via platforms such as Shopee, Lazada and TikTok Shop in 2024, placing the country among the top three e-commerce markets in Southeast Asia.The newly released Southeast Asia E-commerce 3.0 report by Momentum Works shows that the region's&nbsp;total gross merchandise value (GMV) across e-commerce platforms reached US$128.4 billion in 2024, up 12 per cent year-on-year. On average, the region processed 43.6 million online orders per day, approaching the scale of the US market.Shopee, Lazada and TikTok Shop accounted for more than 90 per cent of total order volume, with Việt Nam being one of the top five markets in the region alongside Thailand ($23.5 billion), Malaysia ($11.5 billion), the Philippines ($16 billion)&nbsp;and Singapore ($4.9 billion). Thailand and Malaysia led in growth, posting 22 per cent and 20 per cent increases respectively.Indonesia remains the region’s largest e-commerce market, with US$56.5 billion in GMV and a 44 per cent market share. However, its growth slowed to just 5 per cent due to ongoing platform mergers.In Việt Nam, the e-commerce landscape is dominated by three major platforms. Shopee holds the largest market share, commanding 65 per cent of GMV (around $10.4 billion), followed by TikTok Shop at 28 per cent ($4.5 billion), Lazada at 6 per cent ($1 billion)&nbsp;and Tiki at 1 per cent (nearly $200 million).Beyond major platforms, other digital commerce channels such as brand websites, multi-brand retailers, social media&nbsp;and messaging apps like WhatsApp contributed an additional $16.8 billion to the region’s total e-commerce value.The report also noted a resurgence of Chinese consumer brands in Southeast Asia. These brands are returning with upgraded products and more localised strategies to capture key market segments.Momentum Works forecasts that Southeast Asia’s e-commerce sector could generate an additional $131 billion in transaction value by 2030 if businesses effectively adopt artificial intelligence across sales, operations, logistics and customer service. — VNS

Shopee holds the largest market share, commanding 65 per cent of GMV (around $10.4 billion), followed by TikTok Shop at 28 per cent ($4.5 billion), Lazada at 6 per cent ($1 billion)&nbsp;and Tiki at 1 per cent (nearly $200 million).

Việt Nam consumers spend $16 billion in 2024 on online shopping

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/27/433396_5202706323226175_panel.jpg" alt=""></figure></td></tr><tr><td>A panel discussion at the workshop 'Easing Non-Tariff Barriers to unlock ASEAN’s potential'. — Photo courtesy of VIR</td></tr></tbody></table></figure>HÀ NỘI — Although intra-bloc tariffs have been almost eliminated, non-tariff barriers still increase costs and reduce the competitiveness of Vietnamese goods in the ASEAN market.Experts made this assessment at a workshop titled 'Easing Non-Tariff Barriers to unlock ASEAN’s potential' jointly organised by the Vietnam Investment Review newspaper and the New Zealand Embassy on June 27.Opening the workshop, Deputy Editor-in-Chief of Vietnam Investment Review Lê Trọng Minh said that although ASEAN has eliminated more than 99 per cent of intra-bloc tariffs, non-tariff barriers (NTBs) remain significant obstacles to trade and investment in the region.“In the context of ASEAN moving towards its 2045 vision to strengthen economic connectivity and digitalising trade, removing NTBs is an urgent requirement,” said Minh.According to a World Bank report, there are nine common groups of NTBs, of which animal and plant quarantine and food safety (SPS) account for 37.5 per cent, as well as technical barriers to trade (TBT). Although these measures aim to protect health, the environment and consumers, if they lack transparency or are not consistent, they can become invisible barriers that increase costs, prolong customs clearance times and create risks for businesses.“For small and medium-sized enterprises, the cost of complying with NTBs such as product re-inspection, lack of information on technical changes, halal certification or unsynchronised digital procedures is a significant burden. NTBs can account for up to 2-4 per cent of the value of goods, and if 10 per cent of costs due to NTBs can be reduced, ASEAN can increase trade by 3-4 per cent, equivalent to tens of billions of US dollars,” Minh said.Country Director of NielsenIQ in Việt Nam, the Philippines and Myanmar Nguyễn Anh Dũng pointed out three major challenges for businesses when approaching the ASEAN market: separate domestic standards, fragmented distribution infrastructure and differences in consumer culture.“For example, a cosmetic product licensed in Thailand may not be accepted in Việt Nam if it does not have a secondary label or makes changes to the ingredient declaration. The food industry faces even more difficulties in Muslim countries like Malaysia and Indonesia due to the halal certification requirements with complicated procedures, high costs and a long processing time,” said Dũng.Dũng also highlighted issues with logistics and domestic distribution barriers. Many global brands have difficulty penetrating provinces outside of major cities, due to fragmented distribution infrastructure and a lack of reliable domestic partners."To overcome barriers, businesses need to understand not only the law but also the market. Using data on purchasing behaviour and local consumer trends is key to helping businesses take the right approach, prioritise the right categories and choose the right local partners to accelerate," Dũng added.Lệ Hằng, Deputy General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said that NTBs are a major obstacle to exports to ASEAN, especially SPS and TBT measures as well as import licence requirements.“ASEAN countries often apply strict regulations on quarantine, certification and food safety standards. To comply, businesses must provide additional documents, conduct laboratory testing or adjust production processes. For small businesses, this is a huge barrier,” said Hằng.To support businesses in overcoming barriers, VASEP has acted as a bridge between businesses and management agencies, proposed policies, organised trade promotion and provided training on traceability, ESG and raw material area development. Many recommendations have been acknowledged by the Government, contributing to removing bottlenecks and maintaining export orders, according to Hằng.The event is a platform for exporters and business leaders to share their experiences with non-tariff barriers. It will also explore actionable policy options for improving trade flows and shaping future negotiations, particularly in light of the global trade environment, support Southeast Asian governments in enhancing long-term market competitiveness, strengthen regional business networks and equip companies with the tools needed to remain resilient and competitive. — VNS

Although non-tariff and technical trade barriers aim to protect health, the environment and consumers, if they lack transparency or are not consistent, they can become invisible barriers that increase costs, prolong customs clearance times and create risks for businesses.

Non-tariff barriers still hinder Vietnamese goods from entering ASEAN

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/20/431926_5196654019187244_kxen7amr.png" alt=""></figure></td></tr><tr><td>Việt Nam’s e-commerce retail market is currently the third largest in Southeast Asia. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI —&nbsp;In the first six months of 2025, the Vietnam&nbsp;E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) ordered the removal of over 33,000 infringing products and took action against more than 11,000 e-commerce storefronts showing signs of violations.According to the agency's Deputy Director Hoàng&nbsp;Ninh, this is a significant number, highlighting the increasingly complex nature of violations in the e-commerce sector, while also demonstrating the authorities' growing efforts to tighten oversight.The agency is currently finalising a draft amendment to the E-Commerce Law. As of June 18, major policy directions in the draft were approved by the Government’s Standing Committee. The revised law is expected to include numerous provisions to better protect consumers, Ninh noted.In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.Efforts are also underway to enhance international cooperation, especially in developing cross-border dispute resolution mechanisms.The ministry is continuing to improve the legal framework, enhance technological solutions, and strengthen inter-agency coordination to build a transparent and secure digital environment centered on consumer protection, deputy minister Nguyễn Sinh Nhật Tân said.Amidst rapidly growing e-commerce, these efforts are fundamental to maintaining market trust and promoting the long-term, sustainable development of the sector, Tân added. — VNS

In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.

Over 11,000 e-commerce storefronts flagged for violations in H1

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/20/431687_ship.jpeg" alt=""></figure></td></tr><tr><td>A container vessel at Chân May Port, Thừa Thiên-Huế Province. Việt Nam's shipping industry is facing a pressing need to restructure and modernise the shipping fleet to reduce costs.&nbsp;— VNA/VNS Photo Mai Trang</td></tr></tbody></table></figure>HÀ NỘI&nbsp;— Việt Nam’s shipping industry is facing with significant pressure for greening as the International Maritime Organisation (IMO) moves forward with the plan to introduce the world’s first global carbon levy on shipping emissions.Under the proposal, which is expected to be finalised in October and enforced from 2028, vessels emitting carbon dioxide beyond set limits would face a charge of US$380 per tonne.This poses a pressing need to restructure and modernise the shipping fleet to reduce costs.According to Vietnam Maritime and Waterway Administration, there are about 1,500 cargo ships in operation, of which, 1,000 ships have a total capacity of 10.5 million deadweight tonnage&nbsp;(DWT) and average age of 17.4 years, higher than the global average.Most ships were built before 2020 and lack fuel-efficient designs or emission control technologies, making it difficult to meet stricter environmental standards.Outdated engines will not only push up costs but also reduce operational safety and efficiency, Nguyễn Thị Cẩm Huyền from the HCM City University of Transport said:&nbsp;“This poses threat to profitability and competitiveness.”It is necessary to replace ships with modern and environmentally friendly technology to avoid heavy levies and preserve profit margins in the long run, Trần Văn Quyền, director of Hai An Container Transport Company said.Under Việt Nam’s merchant fleet development project, the country aims to double the share of exports and imports handled by its national fleet to 10 per cent by 2026 and 20 per cent by 2030.The project also introduced incentives for ship moderniation, including exemptions of import taxes and a 50 per cent reduction in tonnage fees for vessels from 1,500 Twenty-foot Equivalent Units (TEUs) or powered by clean fuels such as LNG or hydrogen to 2030.Under IMO’s proposal, the carbon levy will go to a Net–Zero fund which is projected to reach $40 billion by 2030. The fund will then be used to subsidise green fuels and low-emission technologies.&nbsp; —&nbsp;VNS

Under IMO’s proposal, a carbon levy will feed into a Net-Zero fund – expected to reach US$40 billion by 2030 – to support green fuels and low-emission technologies.

Shipping industry faces pressure from global carbon levy

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/20/431811_PNV.jpg" alt=""></figure></td></tr><tr><td>Billionaire Phạm Nhật Vượng. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Billionaire Phạm Nhật Vượng, chairman of the VinGroup Joint Stock Company (VIC), will contribute an addition of more than 87.5 million Vingroup shares to the VinSpeed High-Speed Rail Investment and Development JSC (VinSpeed), which was established to register to invest in the ​​North-South Expressway project.According to a recent filing with the State Securities Commission and the Ho Chi Minh Stock Exchange (HoSE), Vượng – chairman and general director of VinSpeed – registered to transfer over 87.5 million VIC shares, or 2.26 per cent of VIC’s charter capital, as a capital contribution to VinSpeed.The ownership transfer transaction is expected to be carried out through the Vietnam Securities Depository and Clearing Corporation (VSDC) from June 24 to July 23 this year. After the transaction, Vượng will still hold nearly 450 million VIC shares, accounting for 11.6 per cent of Vingroup's charter capital.Previously, Vượng transferred more than 48 million VIC shares to VinSpeed.At the end of the trading session on June 19, VIC shares were priced at VNĐ89,400 (US$3.44) per share. Therefore, the total value of more than 87.5 million VIC shares on June 19 was more than VNĐ7.8 trillion ($300 million).The ​​North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Việt Nam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.VinSpeed has pledged to begin construction before December 2025, accelerating the project timeline to bring the entire railway into operation by December 2030. The firm is currently in talks with leading partners from China, Germany and Japan to facilitate technology transfer and the domestic production of locomotives, carriages and signalling systems.In parallel, VinSpeed plans to implement rapid workforce training to localise technical capabilities and foster Việt Nam’s self-reliance in railway development. — BIZHUB/VNS

At the close of trading on June 19, VIC shares stood at VNĐ89,400 (US$3.44) each.

Billionaire Phạm Nhật Vượng to contribute nearly 88 million VIC shares to VinSpeed.

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/13/430214_DSC00148.JPG" alt=""></figure></td></tr><tr><td>The&nbsp;HCM City&nbsp;People’s Committee&nbsp;on June 12&nbsp;signs&nbsp;an&nbsp;MoU with&nbsp;the&nbsp;US-based multinational technology company&nbsp;AMD&nbsp;to strengthen the city’s high-tech and AI ecosystems. — Photo&nbsp;Courtesy of AMD</td></tr></tbody></table></figure>HCM CITY&nbsp;—&nbsp;The&nbsp;HCM City&nbsp;People’s Committee&nbsp;on Thursday signed&nbsp;a Memorandum of Understanding (MoU) with&nbsp;the&nbsp;US-based multinational technology company&nbsp;Advanced Micro Devices&nbsp;Inc&nbsp;(AMD) to strengthen the city’s high-tech and artificial intelligence (AI) ecosystems.Facilitated by SunEdu International Education Corporation (SunEdu), AMD’s strategic affiliate in Việt Nam, the MoU provides a comprehensive framework to develop programmes that will accelerate digital transformation and smart city development.Under the agreement, AMD will&nbsp;participate in government-led tech initiatives, contribute to&nbsp;regulatory sandbox initiatives, and co-host innovation-driven events&nbsp;while assessing the investment environment at&nbsp;Saigon Hi-Tech Park (SHTP).It will also&nbsp;work together with local educational institutions to upskill faculty, students and municipal department officials in new age technologies, including AI.Speaking at the signing ceremony,&nbsp;the municipal&nbsp;People’s Committee&nbsp;vice chairman Võ Văn Hoan&nbsp;said&nbsp;this collaboration marks a significant milestone in the government’s commitment to advance high-tech infrastructure and workforce development in the city.&nbsp;“It is a meaningful step toward positioning the city as a regional leader in electronics, semiconductors and AI in Southeast Asia.”It will allow&nbsp;the city&nbsp;to unlock new opportunities in investment, talent development, and technological advancement,&nbsp;contributing to a robust high-tech ecosystem and reaffirming HCM City’s status as an attractive destination for global technology corporations.He&nbsp;also commended&nbsp;the connecting and accompanying role of SunEdu – a leading institution in high-quality workforce training in electronics, semiconductors, and AI – for its meaningful contribution in advancing this strategic partnership.The collaboration between&nbsp;the municipal&nbsp;People’s Committee, SunEdu and AMD, highlights the government’s commitment to implement policies and forge partnerships to support high-tech development at the municipal and national levels.“It contributes to the realisation of&nbsp;the Politburo’s&nbsp;Resolution No. 57&nbsp;on breakthrough development in science, technology, innovation&nbsp;and national digital transformation.”Keith Strier,&nbsp;senior&nbsp;vice&nbsp;president, global AI Markets&nbsp;at AMD,&nbsp;said that as the high performance and adaptive computing leader, AMD products and services help solve some of the world’s most important challenges.For more than 55 years,&nbsp;AMD has driven innovation in high-performance computing, graphics and visualisation technologies.“We are happy to bring our expertise and technologies to Việt Nam&nbsp;and help the nation develop a high-tech ecosystem that delivers tangible benefits to the community.”This collaboration fully aligns with the spirit and substance of the&nbsp;joint&nbsp;statement on upgrading Việt Nam–US&nbsp;relations to a&nbsp;comprehensive&nbsp;strategic&nbsp;partnership.&nbsp;— VNS

HCM City signed an MoU with US tech firm AMD on June 12 to boost its high-tech and AI ecosystems.

HCM City, AMD sign MoU on AI, technology development

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/13/430408_5190579416585439_eqyt57g5.png" alt=""></figure></td></tr><tr><td>A VNPT data centre in the Hòa Lạc Hi-Tech Park, Hà Nội City — Photo kinhtedothi.vn</td></tr></tbody></table></figure>HÀ NỘI — A new action plan has been approved to boost the&nbsp;development and transition to cloud computing platforms.The national programme was agreed by&nbsp;Deputy Prime Minister Nguyễn Chí Dũng on June 11 to cover the next five years.Decision No. 1121/QĐ-TTg was signed by the Deputy PM&nbsp;to prioritise resources, gradually master technology, foster innovation, and vigorously develop and apply cloud computing.Through this, Việt Nam aims to build a modern, synchronised, safe and sustainable digital infrastructure capable of delivering high-performance computing resources, thereby enhancing national competitiveness, driving digital economic growth&nbsp;and realising its ambition to become a high-income developed country by 2045.One of the key targets is that by 2030, all government agencies and state-owned enterprises, 70 per cent of private businesses and over 50 per cent of the population will be using cloud computing services provided by domestic enterprises.Việt Nam also aims to develop at least three 'Make in Vietnam'&nbsp;cloud platforms that meet international standards, support artificial intelligence (AI) applications, and are competitive in the regional market.The programme also aspires to place Việt Nam among the top three ASEAN nations in terms of data centre scale and quality. A domestic network of interconnected data centres using cloud technology will be developed to enable data sharing and enhance processing capacity in support of e-government and comprehensive digital transformation.On infrastructure, the plan includes developing national data centres and multi-purpose regional and national centres that are internationally standardised, safe and sustainable. These centres will deliver cloud computing services to both public agencies and enterprises.By 2030, all government agencies will prioritise deploying new IT systems and services on cloud platforms where feasible, while at least 70 per cent of existing systems will be migrated to the cloud.To achieve these goals, the programme outlines a series of solutions, beginning with institutional improvements. These include detailed implementation plans, new legal frameworks governing government cloud platforms&nbsp;and incentive policies to promote cloud service adoption among state agencies, private businesses and individuals.Preferential support will also be provided for tech start-ups developing 'Make in Vietnam'&nbsp;cloud solutions.On the technical side, the programme will focus on infrastructure upgrades, rolling out national databases on cloud platforms in line with the Data Law 2024and other regulations.Digital businesses, telecom providers, and leading players in key industries will be encouraged to transition their systems to the cloud to improve efficiency, reduce costs&nbsp;and enhance competitiveness.A critical pillar of the programme is ensuring cybersecurity and data safety. The programme sets out policies and standards for data governance, independent audits, disaster recovery&nbsp;and platform interoperability. Compliance with safety standards will be assessed regularly before any system is integrated into national platforms.In addition, international cooperation will be promoted to facilitate knowledge exchange and technology transfer. Collaboration between government agencies, universities, research institutions&nbsp;and digital enterprises will help train and develop a workforce of cloud computing engineers and experts through workshops, training sessions&nbsp;and specialised conferences.&nbsp;— VNS

One of the programme’s key targets is that by 2030, all government agencies and state-owned enterprises, 70 per cent of private businesses and over 50 per cent of the population will be using cloud computing services provided by domestic enterprises.

Việt Nam targets universal cloud computing adoption by 2030

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/6/13/430406_gold.jpg" alt=""></figure></td></tr><tr><td>The draft decree proposes allowing eligible banks and enterprises to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity. Photo vnbusiness.vn</td></tr></tbody></table></figure>HÀ NỘI&nbsp;— Việt Nam’s gold market is poised for significant reform, as eligible banks and enterprises will soon be permitted to import raw gold and produce bullion — a move expected to invigorate the sector with increased competition and more brands.Đào Xuân Tuấn, director of the State Bank of Vietnam (SBV)’s Foreign Exchange Management Department, said that the SBV is in the process of finalising a draft Government decree that amends Decree 24/2012/NĐ-CP, aimed at gradually liberalising the gold bullion market while ensuring stringent regulatory oversight.A key proposal in the draft is to allow eligible banks and enterprises to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.“The SBV will issue licences to the credit institutions and enterprises meeting requirements to import raw gold to produce bullion, or use the imported material to produce jewellery,” Tuấn said.Material import quotas will be granted basing on macroeconomic conditions, monetary policy and market fluctuations. This new approach is intended to dismantle the existing monopoly while maintaining the State’s regulatory and supervisory role.Under the proposed regulations, licensed bullion producers must publicly declare quality standards, maintain detailed transaction records and integrate their data systems with those of regulatory authorities.Tuấn emphasised that enterprises will be held accountable if product quality does not match the declared standards, adding that data about bullion transactions must be transparent, as they are subject to audit at any time.Allowing multiple bullion brands is expected to create a more competitive marketplace, narrow price differentials between brands and ultimately benefit consumers.To further enhance market transparency and oversight, all payments for bullion transactions will be required to be made via bank accounts and accompanied by electronic invoices — a measure aimed at improving financial tracking and control.Under the draft decree, payments for buying and selling gold worth VNĐ20 million or more must be made through the customer's payment account and the payment account of the gold trading enterprise opened at a commercial bank or a foreign bank branch.Tuấn noted that while over 6,000 enterprises are currently active in the production and trading of gold jewellery, most are small businesses lacking the financial capacity to obtain import licences.To address this, the draft decree stipulates that only credit institutions and bullion producers eligible to produce gold bullion are licensed to import raw gold. These entities may then supply raw materials to domestic jewellery manufacturers. A company or bank that wants to be licensed to produce gold bars must have a minimum charter capital of VNĐ1 trillion and VNĐ50 trillion, respectively.This regulation will both increase the supply of raw gold and ensure that import activities remain under control,&nbsp;Tuấn said.Licensed importers will also be required to establish transparent internal processes, keep full transaction records and connect their information systems with the relevant authorities to support inspection and monitoring.The revised decree is expected to represent a turning point for Việt Nam’s gold market, laying a stepping stone for a more competitive and transparent market operating in line with global fluctuations and the law.In the domestic market, the SJC gold price has increased rapidly in recent trading sessions and exceeded VNĐ120 million per tael to sell on Friday morning.Saigon Jewelry Company, DOJI Group and Bảo Tín Minh Châu Gold Company on Friday morning listed the price of SJC gold bars at VNĐ118.5-120.5 million per tael for buying and selling, an increase of VNĐ800,000 per tael from yesterday. The gap between buying and selling prices was VNĐ2 million per tael.The rise of gold in the domestic market followed a surge in the global price of gold due to increasing demand for safe havens amid rising risk concerns in the general market. On Friday morning, the global gold price was listed at around US$3,433.2 per ounce, up $61.90 compared to the previous day. — BIZHUB/VNS

A key proposal in the draft is to allow eligible banks and enterprises to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.

Gold market to become more competitive as gold bullion monopoly ends

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427475_QC.JPG" alt=""></figure></td></tr><tr><td>Delegates at the seminar titled "Building a Self-Reliant and Resilient Economy" held by Thanh Niên Newspaper in HCM City on May 30. — Photo courtesy of the organiser</td></tr></tbody></table></figure>HCM CITY — Now is a golden opportunity for Việt Nam to build a self-reliant and resilient economy to realise its aspiration of becoming a developed, high-income nation by 2045, experts affirmed at a forum&nbsp;in HCM City on May 30.At the seminar titled 'Building a Self-Reliant and Resilient Economy'&nbsp;held by Thanh Niên Newspaper, economist Dr&nbsp;Trần Du Lịch emphasised that self-reliance does not mean reverting to self-sufficiency. Instead, it requires proactive global integration, mastery of technology and markets, and the development of a strong community of Vietnamese businesses capable of driving innovation and digital transformation.In a world where countries are moving toward higher value-added production, Việt Nam cannot remain stuck in low-level outsourcing and assembly, he said.“We often take pride in export figures, but much of it is contract manufacturing with limited value retained. Exporting US$10 billion while importing $9 billion worth of inputs brings minimal real benefit.”Editor-in-Chief of Thanh Niên newspaper, Nguyễn Ngọc Toàn, noted that many sectors remain heavily dependent on imported materials. For example, the textile industry imports around 50 per cent of its inputs, footwear about 45 per cent, and the plastics sector up to 80 per cent.This overdependence on a few major markets poses systemic risks, already seen in heightened trade remedies such as the imposition of high reciprocal tariffs by the US.Toàn added that the Government has set out a long-term strategy to build a self-reliant, resilient economy. With the recent adoption of major policy resolutions, especially Resolution 68 on private sector development, Việt Nam now has the tools to advance this vision.&nbsp;<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427474_Toan.JPG" alt=""></figure></td></tr><tr><td>Nguyễn Ngọc Toàn, Editor-in-Chief of Thanh Niên newspaper, speaks at the seminar. — Photo courtesy of the organiser</td></tr></tbody></table></figure>Dr Lịch said the present is a period of "perfect timing" for Việt Nam to realise its goal of sustainable development, enhancing its self-reliance and resilience, as several critical policies are being implemented simultaneously.Four major resolutions have recently been enacted, forming a 'four-pillar framework'&nbsp;for shaping Việt Nam’s long-term development vision, including Resolution 57 on promoting science, technology, and innovation, and Resolution 59 on proactive and comprehensive international integration.“This is an unprecedented policy ecosystem, showing the State’s strong political will to drive private-sector growth, transform the growth model, and help Việt Nam avoid the middle-income trap,” Lịch said.He warned that Việt Nam must act now before the country faces a significant ageing population. “If we miss this window of opportunity, we may not get another. It’s now or never.”On the enterprise side, Lịch urged companies to reflect on their development strategies, form partnerships&nbsp;and help foster a transparent and fair competitive environment.Chairman of Vietravel Corporation, Nguyễn Quốc Kỳ, encouraged businesses to restructure, embrace innovation, build strong brands&nbsp;and ensure transparency.Many entrepreneurs at the seminar praised Resolution 68 as the first policy to clearly define the private sector as a central pillar of the economy. &nbsp;They noted that the resolution paves the way for a more open, supportive business environment.Deputy CEO of Hòa Phát Group, Nguyễn Thị Thảo Nguyên, said the resolution not only removes long-standing obstacles but also inspires national pride and the spirit of self-reliance.“Each business is like a cell in the national economy. If the cells are healthy, the economy will be strong,” she said. “We are eager to contribute more meaningfully to national development.”She also called on policymakers to adopt measures aligned with international norms to protect domestic enterprises, especially as many importing countries tighten trade remedies using tariffs and technical barriers.In recent years, cheap imports have flooded Việt Nam’s market. Domestic enterprises need a level playing field and a healthy local ecosystem to grow and compete, she noted.Delegates also highlighted the urgent need to develop a supporting industry that meets rules of origin in major export markets.Chairman of Việt Thắng Jean, Phạm Văn Việt, stressed that only by increasing localisation and integrating more deeply into global supply chains can Vietnamese companies improve competitiveness.— VNS

With the recent adoption of major policy resolutions, especially Resolution 68 on private sector development, Việt Nam now has the tools to advance the vision of a self-reliant, resilient economy, a seminar has heard.

Now or never: Việt Nam’s window to build a self-reliant, resilient economy

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427486_5178531372693417_Gen-N-Nha-May-Nestle-01.jpg" alt=""></figure></td></tr><tr><td>A view of the Nestlé plant in Biên Hòa City. — Photo courtesy of the firm</td></tr></tbody></table></figure>HCM CITY — Nestlé Việt Nam has issued an official statement to clarify information related to the labelling of its Nestlé MILO malted milk supplement product.In a notice released on May 29, the company responded to recent media coverage of a report from the Đồng Nai Department of Health that was submitted to the provincial People’s Committee regarding the verification of labelling information on Nestlé MILO's packaging.“Nestlé Việt Nam always complies with current legal regulations. The company is continuing to work closely with relevant authorities on this matter,” the statement said.Nestlé Việt Nam confirmed that its MILO malted milk supplement product adheres strictly to all food safety and quality standards in line with Vietnamese regulations. The company emphasised that the product meets both quality requirements and the nutritional needs of Vietnamese consumers.The firm also addressed a reference to research mentioned on the product’s packaging. According to Nestlé Việt Nam, the information cited in Decision 1016/QĐ-VDD issued by the National Institute of Nutrition in 2022 was presented in accordance with established procedures and relevant legal requirements.“We respect the guidance provided by authorities regarding how information is presented on our product packaging and will continue to cooperate in clarifying this issue,” the company noted.In the statement, Nestlé Việt Nam reiterated its commitment to transparency, compliance and ensuring consumer trust in the quality and integrity of its products. — BIZHUB/VNS

Nestlé Việt Nam confirmed that its MILO malted milk supplement product adheres strictly to all food safety and quality standards in line with Vietnamese regulations.

Nestlé Việt Nam clarifies product labelling on MILO malted milk drink

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/30/427513_dp.jpg" alt=""></figure></td></tr><tr><td>Delegates launched the Mekong Express service at Cái Cui Port in Cần Thơ on May 30. —VNA/VNS Photo</td></tr></tbody></table></figure>HCM CITY — DP World of the UAE in partnership with VIMC Container Lines JSC, a member of Vietnam Maritime Corporation (VIMC), on Friday launched the Mekong Express, a domestic sea-river transport route connecting Cai Cui Port in the Cửu Long (Mekong) Delta city of Cần Thơ and Cai Mep Port in the coastal province of Bà Rịa-Vũng Tàu.The Mekong Express completed its inaugural journey on May 30, marking the official launch of the service.Operating twice a week, the barge service reduces transit times of 48 hours by the river ways to just 15 hours via a combination of river and sea routes, a 70 per cent improvement. While the previous journey covers approximately 367 km, the coastal route is significantly shorter at around 200 km, making it a faster, more sustainable and cost-effective solution for cargo owners across Việt Nam.Designed to support dry and cold chain logistics, the Mekong Express can transport up to several hundred TEUs per voyage and is capable of handling a large number of refrigerated containers.The new service is also a more sustainable alternative to road transport, generating 60 per cent less carbon emissions. Equipped with real-time digital cargo tracking and carbon monitoring, DP World and VIMC Lines expect the service to achieve net-zero carbon emissions by 2026.Glen Hilton, Asia Pacific CEO &amp; Managing Director at DP World, said: “DP World is committed to building a seamless, integrated supply chain ecosystem in Việt Nam, an increasingly important market for trade in the Asia Pacific region and globally.”“With the Mekong Express, we are responding to demand for a more efficient and reliable service. This will help support economic development not just within the south Việt Nam but throughout the country,” Hilton said.“The launch of this new coastal logistics service also marks a major step in our expansion in Việt Nam, complementing our ongoing operation of Saigon Premier Container Terminal,” he said.Lê Quang Trung, Vice President of VIMC and Chairman of the Board of Directors of Can Tho Port JSC said: “VIMC is proud to launch and operate the Mekong Express service which brings new levels of efficiency and reliability to Việt Nam’s domestic logistics landscape.”“The collaboration between VIMC Lines and DP World Vietnam reflects our shared commitment to advancing and innovating new solutions for customers in the country. We look forward to continuing expanding international cooperation in order to unlock greater value for businesses and strengthen the country’s supply chain resilience,” he said.The south Việt Nam is home to the Mekong Delta Key Economic Region and the Southern Key Economic Region. By enhancing connectivity between these strategically vital zones, the Mekong Express will strengthen Việt Nam’s role in regional and global logistics networks.DP World currently operates the Saigon Premier Container Terminal in HCM City, with an annual capacity of 400,000 TEUs. —VNS

Operating twice a week, the barge service reduces transit times of 48 hours by the river ways to just 15 hours via a combination of river and sea routes, a 70 per cent improvement.

Domestic coastal logistics service launched to boost south Việt Nam connectivity 

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/23/425698_eudr.jpg" alt=""></figure></td></tr><tr><td>A farmer harvesting coffee in Quảng Trị Province.&nbsp;Việt Nam has been officially classified as a “low-risk” country under the European Union’s new Anti-Deforestation Regulation (EUDR).&nbsp;— VNA/VNS Photo Nguyên Linh</td></tr></tbody></table></figure>BRUSSELS — Việt Nam has been officially classified as a “low-risk” country under the European Union’s new Anti-Deforestation Regulation (EUDR), according to a recent announcement by the European Commission (EC) in Brussels.The classification means that Vietnamese exports to the EU will be subject to simplified due diligence requirements, easing the compliance burden on businesses.The EUDR, set to take effect by the end of 2025, is part of the EU’s wider efforts to curb global deforestation by enforcing tighter controls on agricultural and forestry supply chains. The regulation applies to seven key commodities, including wood, cocoa, coffee, soy, palm oil, rubber and beef, as well as derived products such as leather, chocolate and furniture.According to the EC’s recent legal publication, only four countries have been classified as “high-risk”, namely Belarus, Myanmar, the Republic of Korea (DPRK) and Russia.According to Trần Văn Công, Việt Nam’s Agricultural Counsellor to Belgium and the EU, the low-risk classification is a positive outcome of sustained cooperation between the two sides, including Việt Nam’s engagement in the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLEGT), as well as efforts in environmental protection and sustainable development. — VNS

Việt Nam has been officially classified as a “low-risk” country under the European Union’s new Anti-Deforestation Regulation (EUDR), according to a recent announcement by the European Commission (EC) in Brussels.

VN classified as low risk under EU anti-deforestation regulation

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/23/425693_air.jpg" alt=""></figure></td></tr><tr><td>Passengers queue to check in at Nội Bài International Airport. Việt Nam jumped from the 11th largest air passenger market in the Asia-Pacific in 2014 to the eighth largest in 2024. — VNA/VNS Photo Quốc Khánh</td></tr></tbody></table></figure>HÀ NỘI — Việt Nam has seen strong growth in its air transport market over the past decade, jumping from the 11th largest air passenger market in the Asia-Pacific region in 2014 to the eighth largest in 2024, according to the International Air Transport Association (IATA).It also registered the highest growth rate among the top 10 markets in the region at 121 per cent, driven by the country’s strong economic performance and growing appeal as a travel destination.Seven of the top 10 international markets for travel to Việt Nam more than doubled over the past decade. The IATA’s statistics showed that traffic from India grew tenfold.The simplification of visa processes and the increase in direct flights – particularly between New Delhi and Mumbai in India and HCM City and Hà Nội in Việt Nam – have boosted tourism.Annual trade turnover between Việt Nam and India also gained 11 per cent over the past decade, reaching US$15 billion last year.Traffic from the Republic of Korea (RoK) also expanded significantly, rising more than five times in the past 10 years. The RoK is by far the largest source of international arrivals for Việt Nam, at more than twice that of China, and the second largest source of foreign direct investment in 2024.Domestic traffic grew at 107 per cent, lagging behind the 150 per cent growth in international traffic during the same period. Domestic traffic in 2024 stood 24 per cent below that in 2022, when domestic travel recovery was in full swing post-pandemic.This may be due in part to the fact that Vietnamese carriers have faced capacity constraints, with some aircraft grounded due to engine issues, and aircraft capacity being diverted to the fast-growing international segment.The IATA also pointed out that US tariffs could impact the air cargo sector. Revenue in the sector grew by more than 30 per cent year-on-year in 2024, with passenger revenue still accounting for the bulk of total revenues for Vietnamese carriers at up to 71 per cent of the total.An increasing propensity for travel and the strengths of Việt Nam’s tourism industry will continue to support the longer-term outlook of the aviation sector in the country.According to Civil Aviation Authority of Việt Nam statistics, the country saw double-digit growth in traffic through airports in the first five months of this year, reaching 49 million, up more than 10 per cent over the same period last year.The number of international passengers reached more than 19 million, up 13 per cent, while domestic passengers dropped by 8 per cent to 30 million. — VNS

Việt Nam registered the highest growth rate among the top 10 markets in the region at 121 per cent, driven by the country’s strong economic performance and growing appeal as a travel destination.

Việt Nam sees robust growth in air transport market over past decade

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/23/425830_5172519270647081_BSR%201.jpg" alt=""></figure></td></tr><tr><td>Engineers at Dung Quất Refinery research and innovate to meet the requirements for defence fuel products. — Courtesy photo</td></tr></tbody></table></figure>QUẢNG NGÃI — Bình Sơn Refining and Petrochemical JSC (BSR), which operates the Dung Quất oil refinery in central Quảng Ngãi Province, has successfully produced special-purpose fuels for military use, contributing to Việt Nam’s national defence efforts.Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel types such as Jet A-1K for jet aircraft and DO L-62 for military ships and submarines. These fuels meet international standards and have been approved for use in military equipment after passing various technical tests and trials.This was an important strategic move, as most fuels for defence equipment had previously been imported from abroad.To date, BSR has supplied more than 222,500 cubic metres of Jet A-1K and DO L-62 to the military. These fuels are used for routine training, maintenance, and combat readiness activities.Military personnel have confirmed the quality and reliability of the fuels, stating that they meet all technical requirements and help maintain stable operation in harsh conditions.For instance, submarine 186 Đà Nẵng has used DO L-62 made at Dung Quất Refinery for over three years and has worked smoothly. This local fuel can fully replace imported types. Jet A-1K, used in fighter jets, has also passed real flight tests, showing it is safe and reliable.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/23/425831_5172519864409715_Tau%20ngam%20186.png" alt=""></figure></td></tr><tr><td>Submarine 186 Đà Nẵng has been using fuel supplied by BSR for over three&nbsp;years. — Courtesy photo</td></tr></tbody></table></figure>Aside from making fuel, BSR also helped create national rules and standards for military fuels, building a strong base for this work in Việt Nam.BSR is now one of only two companies outside the Russian Federation authorised to produce these fuels according to Russian military standards.BSR and the Ministry of National Defence have worked more closely in recent years. Between 2020 and 2022, they built the 85 Fuel Depot, which can store 45,000 cubic metres of fuel. This helps supply fuel for military needs and improves Việt Nam’s emergency response.In 2022 and 2023, BSR earned over VNĐ902 billion (US$35 million) and nearly VNĐ2.1 trillion, respectively, from special-purpose fuels. Still, company leaders say the project is not just about money – it also supports national defence.“In recent years, engineers at Dung Quất Refinery have worked hard to research and create special fuels for national defence. This shows BSR’s growth in technology, ability to make new products and strong commitment to serving the country,” said Chairman of BSR’s Board of Directors Bùi Ngọc Dương.Looking ahead, BSR and the military plan to expand their cooperation further.In addition to maintaining the supply of Jet A-1K and DO L-62 fuel, they aim to develop new products including defence-grade lubricants. Both sides also continue to coordinate on facility maintenance, safety drills and emergency response planning to protect strategic assets like Dung Quất Refinery and the 85 Fuel Depot.Major General Nguyễn Văn Lực, director of the Department of Petroleum under the Ministry of National Defence, praised BSR’s role: “The use of domestically produced special-purpose fuels for trial runs in military equipment is an important breakthrough. BSR’s products not only meet technical standards but also ensure absolute safety."In the future, the department and BSR plan to assess long-term storage capabilities and include these fuels in the national reserve. — BIZHUB/VNS

Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel. Most fuels for defence equipment had previously been imported from abroad.

Dung Quất refinery helps ensure national defence with locally made military fuels

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423963_5165529016921667_30359.jpg" alt=""></figure></td></tr><tr><td>The Party Committee of Coast Guard Intelligence Division No. 2 on May 14 organised its fifth Party congress for the 2025-30 term. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>ĐỒNG NAI — Đồng Nai Province-based Intelligence Division No 2 under the Việt Nam Coast Guard (VCG) Command has effectively carried out reconnaissance and crime prevention and combat, contributing to safeguarding the sovereignty and territorial integrity of Việt Nam's seas and islands.The division’s Party Committee on May 14 successfully organised its fifth Party congress for the 2025-30 term.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423942_IMG_0933.jpg" alt=""></figure></td></tr><tr><td>Deputy political commissar of the Việt Nam Coast Guard Command Major General Trần Văn Xuân attends and gives a speech at the congress. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>Attending the event, deputy political commissar of VCG Major General Trần Văn Xuân said the division’s Party Committee has effectively fulfilled its leadership role, excellently accomplishing numerous tasks, and has been highly praised by the VCG Command.The division is directly responsible for conducting reconnaissance, and detecting and combating violations in its assigned maritime area."All officers and soldiers stay steadfast in their duties, surmount hardships, and firmly safeguard maritime security and order,” he said.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423943_IMG_0855.jpeg" alt=""></figure></td></tr><tr><td>Senior Lieutenant Colonel Phan Nhân Hậu, political commissar of Intelligence Division No. 2 speaks at the congress. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>Senior Lieutenant Colonel Phan Nhân Hậu, political commissar of Intelligence Division No 2, said the division has strengthened political education and ideological management.During the 2020-25 period, the division conducted more than 170 operations with nearly 600 reconnaissance missions at sea and in areas under its management.It collected and processed more than 4,600 valuable pieces of intelligence, including 315 reports that were highly appreciated by superiors.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423941_IMG_0941.jpg" alt=""></figure></td></tr><tr><td>Delegates attend the Party congress of Coast Guard Intelligence Division No 2 held on May 14 in Đồng Nai Province. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>It also produced 42 in-depth thematic reports assessing the situation related to maritime security and sovereignty, and investigated and verified over 400 cases as directed by superiors.It also organised about 65 training sessions involving nearly 2,000 officers and soldiers to rehearse combat readiness plans for protecting the headquarters and preventing fires and explosions to ensure safety in all aspects, especially during holidays, Tết (Lunar New Year), and important political events of the country.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423944_IMG_0984.jpg" alt=""></figure></td></tr><tr><td>The vote to elect the Party Committee of Coast Guard Intelligence Division No 2 for the 2025-30 term. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>For the 2025-30 term, the division’s Party Committee sets out to continue effectively implementing resolutions and directives, with a focus on leading the successful fulfillment of combat readiness and reconnaissance tasks, according to Hậu."It aims to improve training quality, ensure accurate information gathering and timely reporting, and avoid passivity or surprise in any situation," he said.It will improve the leadership capacity and combat strength of its grassroots Party organisation, as well as the quality of its cadre and Party members. This is closely linked with building a clean and strong Party organization and an exemplary and outstanding unit.It will continue to coordinate with local Party committees, authorities, and socio-political organisations to effectively carry out public communication and mobilisation efforts.These aim to encourage local people in the assigned areas to feel secure in going offshore and maintaining their presence at sea, joining hands with functional forces to firmly safeguard the nation's sovereignty over the sea and islands.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423945_IMG_0999.jpg" alt=""></figure></td></tr><tr><td>The elected Party members for the Party Committee of Coast Guard Intelligence Division No. 2 for the 2025-30 term. — VNS Photo Nguyễn Diệp</td></tr></tbody></table></figure>The division is tasked with monitoring the sea from the south-central province of Phú Yên to the Cửu Long (Mekong) Delta province of Kiên Giang, including the Trường Sa (Spratly) Archipelago.It is also assigned to directly detect and combat violations of law, such as national security crimes, smuggling, and trade fraud at sea. — VNS

Đồng Nai Province-based Intelligence Division No.&nbsp;2 under&nbsp;the&nbsp;Việt Nam Coast Guard&nbsp;(VCG) Command has effectively carry out reconnaissance and crime prevention and combat, contributing to&nbsp;safeguarding the sovereignty and territorial integrity of Việt Nam's seas and islands.

Coast Guard boosts combat readiness, reinforces maritime sovereignty

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423894_1234.jpg" alt=""></figure></td></tr><tr><td>A seminar about the rice cropping system and farming management in the Mekong Delta that took place on Tuesday&nbsp;in Hà Nội. VNS Photo Tố Như</td></tr></tbody></table></figure>HÀ NỘI –&nbsp; Data collected from 10,000 farmers not only provides a comprehensive picture of current rice farming practices, but also serves as a critical foundation for developing context-specific recommendations tailored to each locality and crop&nbsp;season, according to findings from the International Rice Research Institute (IRRI).IRRI’s senior expert and Head of Mechanisation and Post-Harvest Dr&nbsp;Nguyễn Văn Hùng spoke about emissions reduction and rice farming at a&nbsp;seminar titled 'Database on the rice cropping system and farming management in the Mekong Delta – supporting the One Million Hectares of High-Quality, Low-Emission Rice Programme', which took place on Tuesday in Hà Nội.“From this data, we can propose effective investment strategies for the One Million Hectares Programme and devise technical solutions aligned with the actual conditions of the value chain including land, water, infrastructure, mechanisation, services&nbsp;and markets in a region-specific, specialised manner,” Hùng said.At the seminar&nbsp;held by the Department of Crop Production and Plant Protection, leading domestic and international scientists exchanged views on how to use data gathered from the&nbsp;research project that surveyed 10,000 rice farmers across twelve Mekong Delta provinces between 2022 and 2024 – the largest household-level investigation that IRRI has conducted in 30 years.IRRI representative Dr Jongsoo Shin&nbsp;told seminar attendees that this 10,000-household survey has provided incredibly valuable insights into rice cultivation practices in the Mekong Delta."Through this workshop, we hope to share our findings and encourage multi-stakeholder participation in realising the goals of Việt Nam’s One Million Hectares Programme," he said.The expert team from IRRI identified a wide range of data correlations across interventions such as mechanisation, fertiliser management, straw collection, alternate wetting and drying, and more.In terms of rice cultivation, the research team proposed several emissions reduction scenarios.Their analyses found that extending straw incorporation into soil to 30 days in Trà Vinh Province, collecting straw in Đồng Tháp Province and avoiding straw burning in Kiên Giang Province were among the most effective measures for cutting emissions.However, the&nbsp;data still requires further in-depth analysis and validation with real-world production practices to accurately assess emissions reduction potential by region.IRRI intends to integrate this dataset into a compatibility map for irrigation, straw management&nbsp;and other farming activities across the Mekong Delta.Initial findings have revealed the importance of behavioural, production&nbsp;and economic factors, as well as mechanisation efficiency, fertiliser use effectiveness, greenhouse gas emissions&nbsp;and cost-benefit outcomes.Regarding fertiliser use, most farmers apply chemical fertilisers more than four times per crop – significantly exceeding optimal recommendations. Overuse of nitrogen fertiliser degrades soil quality and leads to water contamination.Additionally, the survey found a correlation between seed use and nitrogen application: reducing seed density increases nitrogen use efficiency. This is because when rice clumps are spaced out, individual plants compete less for nutrients.Experts identified that seed density, the number of fertiliser applications&nbsp;and water submergence duration before planting are key factors affecting nitrogen use efficiency. In-depth analysis of fertiliser efficiency and its drivers will serve as a basis for formulating strategies to reduce input and boost output in rice production.This would, in turn, inform effective investment strategies for the One Million Hectares Programme and facilitate technical solutions aligned with local conditions across the rice value chain – from land and water to infrastructure, mechanisation, services&nbsp;and markets.Dr Cao Đức Phát, chairman of the IRRI Board of Trustees, praised the household survey conducted by the scientific team.“It has been more than 30 years since we have seen such a broad and in-depth survey. This dataset is a true goldmine&nbsp;for research,” he said.“We should seek resources to implement similar efforts for other rice-producing regions in Việt Nam,” Phát added, highlighting the potential of the dataset to inform policymaking, smart production systems&nbsp;and rice extension efforts.IRRI leadership also recommended that the research team establish a mechanism for sharing this data with both domestic and international research institutions. Such a mechanism would help maximise the dataset’s value in promoting the sustainable transition of farming in&nbsp;the Mekong Delta.The seminar also witnessed the signing of a Memorandum of Understanding between the Việt Nam Food Association, the Việt Nam Soil Science Association&nbsp;and the Việt Nam Fertiliser Association. The event signalled a strong commitment to cooperation among these organisations to promote sustainable rice production in the Mekong Delta.Bùi Bá Bổng, representing the Việt Nam Food Association, said: “The development of a comprehensive database on rice farming in the Mekong Delta is a vital foundation for the sustainable and environmentally friendly growth of the rice sector. We believe that with strong cooperation among stakeholders, the One Million Hectares Programme will achieve its targets and enhance the value and reputation of Vietnamese rice in the international market.”The seminar marked a significant step forward in building a robust data system for rice cultivation in the Mekong Delta.The data and analysis presented at the seminar not only offer an overall picture of the current production landscape, but also inform region- and season-specific technical guidance.The findings from the survey are expected to be translated into actionable farming guidelines and policy recommendations to support farmers in adopting sustainable practices – ultimately helping to realise the goals of the One Million Hectares Programme. VNS

Leading domestic and international scientists exchanged views on how to use data gathered from a research project that surveyed 10,000 rice farmers across twelve Mekong Delta provinces between 2022 and 2024 – the largest household-level investigation that IRRI has conducted in 30 years.

Research findings support sustainable, low-emission rice farming

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/5/15/423902_54.jpg" alt=""></figure></td></tr><tr><td>Young delegates honoured during the ceremony on Thursday. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — State President Lương Cường on Thursday&nbsp;praised 500 outstanding young students as role models and 'ambassadors' of inspiration during a national youth congress in Hà Nội, underscoring their contributions to the country’s future development.The ceremony&nbsp;marked the 10th National 'Uncle Hồ’s Outstanding Children'&nbsp;Congress and was the central event in a series organised by the Hồ Chí Minh&nbsp;Communist Youth Union and the Hồ Chí Minh&nbsp;Young Pioneer Organisation.It honoured exceptional children who stood out in the nationwide campaign encouraging Vietnamese youth to follow President Hồ Chí Minh’s five teachings.Under the theme 'Vietnamese Children Steadily Marching into the New Era,' the event brought together 500 young delegates from across the country, representing nearly 16 million children and members of the Young Pioneers nationwide.In her opening speech, Chairwoman of the Central Young Pioneer Council Nguyễn Phạm Duy Trang&nbsp;highlighted the organisation's steady growth over the past 84 years under Party leadership.She said the movement encouraging children to follow late President Hồ Chí Minh’s teachings had been widely implemented nationwide, promoting age-appropriate actions that foster values such as gratitude, kindness&nbsp;and civic responsibility.Referring to Hồ Chí Minh’s well-known words — 'Việt Nam&nbsp;is my great family. All Vietnamese children are my children'&nbsp;— President Cường&nbsp;emphasised the late leader’s deep affection and trust in children, and his belief that they would carry on the nation’s legacy and safeguard its future.He said the 500 children honoured at the congress were exemplary individuals and a source of national pride, representing values such as patriotism, creativity, compassion&nbsp;and determination.They were also&nbsp;described as 'the most beautiful flowers' in the garden of good deeds and a source of pride for teachers, youth leaders, parents&nbsp;and the broader Vietnamese people.The President said the most important task for children now is&nbsp;to focus on learning, recalling Hồ Chí Minh’s message that the country’s future — whether it becomes beautiful and strong to stand alongside global powers — depends significantly on the education of its youth.Children were encouraged&nbsp;to dream boldly&nbsp;and commit to turning those dreams into reality through determination and hard work. They were urged to equip themselves with&nbsp;knowledge, patriotism, a desire to contribute&nbsp;and the confidence to embrace the opportunities of the new era.Cường acknowledged the recent work of the Youth Union and Young Pioneer Councils in protecting and educating children. He called on all stakeholders to strengthen their commitment to child development, ensure safe and supportive environments&nbsp;and lead by example.He concluded by encouraging adults to be role models so children could grow into responsible citizens, contributing to the goal of building a&nbsp;prosperous and globally respected Việt Nam, as envisioned by President Hồ Chí Minh.The event also featured an interactive programme titled 'Artificial Intelligence and Vietnamese Children Steadily Marching into the New Era,' in which children engaged with two smart robots to explore how modern technology could support their learning and development.The President awarded each delegate a symbolic portrait of President Hồ Chí Minh and a scholarship of VNĐ4 million (US$157). — VNS

Speaking at a youth congress, President Lương Cường urged children to pursue their dreams with determination and equip themselves with knowledge and patriotism to contribute to a thriving Việt Nam.

Young Vietnamese delegates encouraged to dream boldly, embrace New Era

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/4/25/419915_5148217103502813_ts.jpg" alt=""></figure></td></tr><tr><td>Tra fish being processed for export at&nbsp;Southern Fishery Industries Co. — VNA/VNS Photo Vũ Sinh</td></tr></tbody></table></figure>SINGAPORE —&nbsp;Việt Nam&nbsp;has risen to the top four largest seafood export partners of Singapore, after Malaysia, Indonesia and Norway, in the first quarter of 2025.The Việt Nam&nbsp;Trade Office in Singapore cited that statistics from Enterprise Singapore as saying that in Q1, the city-state’s total seafood import value reached nearly S$283.6 million (more than US$216 million), an increase of 1.1 per cent&nbsp;year-on-year.During the period, Malaysia and Indonesia were the largest and second biggest seafood suppliers to the Singaporean market with value reaching $$37.4 million and S$32.2 million, respectively, accounting for 13.2&nbsp;per cent&nbsp;and 11.4&nbsp;per cent&nbsp;of the total market share. Norway came third, with S$30.4 million, or 10.7 per cent.Việt Nam's seafood exports to Singapore reached S$28.7 million, an increase of 19.3&nbsp;per cent&nbsp;compared to the same period last year, accounting for 10.1&nbsp;per cent&nbsp;of the total market share.To support Vietnamese seafood enterprises in finding and expanding alternative markets for the US market, which is affected by tariffs, in early April, the Việt Nam&nbsp;Trade Office in Singapore had a meeting with the leaders of the Vietnam Association of Seafood Exporters and Producers (VASEP).The two sides agreed to continue to coordinate in providing local information, connecting trade between Vietnamese and Singaporean seafood enterprises while enhancing trade promotion, participating in seafood exhibitions in Singapore, increasing the presence of Vietnamese goods in the country in the coming time.The office recommended that Vietnamese seafood producers need to focus on controlling the quality of goods, regularly updating local regulations, improving product packaging, and enhancing product quality and productivity to increase competitiveness with similar products from countries in the region.&nbsp;— VNS

Việt Nam's seafood exports to Singapore reached S$28.7 million, an increase of 19.3&nbsp;per cent&nbsp;compared to the same period last year, accounting for 10.1&nbsp;per cent&nbsp;of the total market share.

Việt Nam among Singapore’s top four seafood suppliers

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/4/25/419944_coffee.jpg" alt=""></figure></td></tr><tr><td>A coffee farm in a Central Highland province. Coffee prices are rising in the Central Highland provinces. —VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Coffee prices in Việt Nam’s Central Highlands have seen a notable surge as of April 25, with a significant increase of approximately VNĐ1,100 per kilogramme against the previous day to VNĐ130,000-130,500 (just shy of US$5) per kilo.Specifically, the price was VNĐ130,500 per kilo in Đắk Lắk Province, VNĐ130,000 in Lâm Đồng Province,&nbsp;VNĐ130,400 in Gia Lai Province, and&nbsp;VNĐ130,500 in Đắk Nông Province, vnbussiness.vn reported.This price increase comes at a time when the Vietnamese coffee industry is grappling with several pressures from both domestic and international markets.One of the key challenges facing the industry is the introduction of the European Union's new Anti-Deforestation Regulations (EUDR), which have significant implications for coffee exports, particularly for countries like Việt Nam.Việt Nam, which relies heavily on small-scale farmers for coffee production, is finding it increasingly difficult to meet the stringent requirements set by the EUDR.These regulations, along with concerns over climate change and traceability requirements, place immense pressure on the country's coffee industry to comply with higher environmental and production standards.The deputy director of the Department of Crop Production and Plant Protection,&nbsp;Nguyễn Quốc Mạnh, highlighted that the lack of a unified forest map across provinces in Việt Nam complicates the identification of eligible growing areas for export.Such a fragmented mapping system, coupled with the high costs of certifying each small growing area, adds to the financial burden faced by producers.Another critical issue is the lack of land use rights certificates for 15-20 per cent of coffee-growing areas in Việt Nam.This gap in certification further complicates the ability of Vietnamese coffee producers to meet European standards, making it more challenging to prove the legality of coffee exports.For Việt Nam to maintain its competitive position in the global coffee market, addressing these regulatory hurdles is imperative.In addition, businesses within the coffee industry are facing price fluctuations that make it difficult to predict market trends.Many companies report that coffee prices vary significantly from year to year, which complicates negotiations between buyers and sellers. As a result, trading activities are largely limited to small, urgent orders that primarily serve domestic roasters.Việt Nam's coffee output has been further affected by adverse weather conditions in recent years, leading to a decline in productivity. Many coffee-growing areas have also been converted to other crops or urbanised, further reducing the available supply.Typically, coffee can be stored in warehouses for between two to three years,&nbsp;without losing its quality. However, the decline in output due to these factors is contributing to the current price rise.On the global market, prices for Robusta coffee have been on upward trend on the London exchange, with values rising between $58 and $78 per tonne to between $5,150 and $5,411.Việt Nam&nbsp;primarily grows&nbsp;Robusta coffee beans, accounting for over 90 per cent of its coffee production.— BIZHUB/VNS

Specifically, the price was VNĐ130,500 per kilo in Đắk Lắk Province, VNĐ130,000 in Lâm Đồng Province,&nbsp;VNĐ130,400 in Gia Lai Province, and&nbsp; VNĐ130,500 in Đắk Nông Province, vnbussiness.vn reported.

Vietnamese coffee prices rise amid declining output and EU regulations

<figure class="image"><img src="https://api.blue-wave.vn/images/6c98fe9ec5926c09cb71a0c38f30aeea_20241107075624.jpg"></figure>The work of most organizations would slow to a crawl without functioning IT systems.Bluewave provides computer-related support, including installation and maintenance of servers and desktop hardware and software; computer equipment standards; equipment and technical support for conferences and meetings; the infrastructure for enterprise resource planning applications and other office automation applications; internet access and file-sharing services; e-mail and groupware services; security for application and server data and protection for the computer environment from viruses, hackers and similar threats.

The work of most organizations would slow to a crawl without functioning IT systems.Bluewave provides computer-related support, including installation and maintenance of servers and desktop hardware and software; computer equipment standards; equipment and technical support for conferences and meetings; the infrastructure for enterprise resource planning applications and other office automation applications; internet access and file-sharing services; e-mail and groupware services; security for application and server data and protection for the computer environment from viruses, hackers and similar threats.

Information Technology (IT)

We’ve been helping brands develop and define their voice since 2019. The times may have changed, but our love for creativity and problem-solving hasn't. We’re driven by technology and innovation to ensure we fulfill our key mission of helping our clients find their successful future.&nbsp;Searching for a professional consultant? Do not lose any time and send Bluewave&nbsp;an email. Because we&nbsp;will provide an incredible aid for your event promotion or your logistics management activities.<figure class="image"><img src="https://api.blue-wave.vn/images/c4ca4238a0b923820dcc509a6f75849b(2)_20241107075544.jpg"></figure>​ Bluewave partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.&nbsp;To succeed, organizations must blend digital and human capabilities. Bluewave’s diverse, professional teams bring deep industry and functional expertise and a range of perspectives to spark change through leading-edge management consulting as well as data science, technology and design, digital ventures, and business purpose.&nbsp;We work in a uniquely collaborative model across the firm and throughout all levels of the client organization to deliver results that help our clients thrive.MissionOur mission is to gather and verify the hard data, expert insights, and actionable advice that you need to build your brand and grow your business – to provide the practical business wisdom that manifests in your success.Contact us if you&nbsp;want:<ul><li>Uncover the answers to your most pressing business questions by surveying business decision-makers and consumers</li><li>Advance your business savvy by gathering the latest business insights, trends, and news</li><li>Help you find the right business services to execute on a big project</li><li>Inspire you with stories of successes and creative problem solving</li></ul>&nbsp;What we believeWhether you want to advance an idea, a capability, or the world at large, Bluewave is with you every step of the way. We excel in the business of human potential, and believe in its power to shape strategic, organizational, economic, societal change, and beyond.Get in touch so that we can kickstart your branding today. <a href="https://api.blue-wave.vn/document/BLUEWAVE%20DA%20FIX_20250310034645.pdf">Corporate capability statement</a>

We’ve been helping brands develop and define their voice since 2019. The times may have changed, but our love for creativity and problem-solving hasn't. We’re driven by technology and innovation to ensure we fulfill our key mission of helping our clients find their successful future.&nbsp;Searching for a professional consultant? Do not lose any time and send Bluewave&nbsp;an email. Because we&nbsp;will provide an incredible aid for your event promotion or your logistics management activities.

About

<figure class="image"><img src="https://api.blue-wave.vn/images/b2f5ff47436671b6e533d8dc3614845d (1)_20241107075645.jpg"></figure>Content can be informational, funny, inspiring or persuasive. But most importantly, it needs to align with your business goals and digital strategy. It connects your business with this audience and nurtures them to the sale – before finally closing the deal and retaining them for another. &nbsp;Bluewave helps you create the right content to promote your business. Our content creation services are integrated into your digital marketing strategy and focus on achieving outcomes – building a brand, converting sales or retaining customers.

Content can be informational, funny, inspiring or persuasive. But most importantly, it needs to align with your business goals and digital strategy. It connects your business with this audience and nurtures them to the sale – before finally closing the deal and retaining them for another. &nbsp;Bluewave helps you create the right content to promote your business. Our content creation services are integrated into your digital marketing strategy and focus on achieving outcomes – building a brand, converting sales or retaining customers.

Content creation

What we do

NEWS

<figure class="image image_resized" style="width:50%;"><img src="https://api.blue-wave.vn/images/c81e728d9d4c2f636f067f89cc14862c(1)_20241107075658.jpg"></figure>Companies which are aiming to grow internationally and expand into global markets need to develop a business plan for their Indirect Channel to reach their potential buyers and to achieve this they must contact those Partners which best adapt to their company’s aims and strategy.At Bluewave, we can guide and assist you in developing a strategy that will help you stand out in the crowd and establish yourself as a valuable asset to both hosting partners and clients alike.&nbsp;Bluewave will grow your network of resellers while strengthening relationships with existing ones. Our distribution channel development strategies help you to connect with more resellers and to maximise the value of your existing relationships.&nbsp;Benefits of Bluewave's Channel Development:<ul><li style="text-align:justify;">Increase sales beyond the reach of your salesforce in a variety of markets and segments.</li><li style="text-align:justify;">Development of an efficient approach to potential markets.</li><li style="text-align:justify;">Investment in partners with the greatest chance of success.</li><li style="text-align:justify;">Grow your reputation throughout the territory.</li></ul>If you’re ready to focus on channel development marketing, get in touch with our team today. We’ll be with you every step of the way.

Companies which are aiming to grow internationally and expand into global markets need to develop a business plan for their Indirect Channel to reach their potential buyers and to achieve this they must contact those Partners which best adapt to their company’s aims and strategy.At Bluewave, we can guide and assist you in developing a strategy that will help you stand out in the crowd and establish yourself as a valuable asset to both hosting partners and clients alike.&nbsp;Bluewave will grow your network of resellers while strengthening relationships with existing ones. Our distribution channel development strategies help you to connect with more resellers and to maximise the value of your existing relationships.&nbsp;Benefits of Bluewave's Channel Development:<ul><li style="text-align:justify;">Increase sales beyond the reach of your salesforce in a variety of markets and segments.</li><li style="text-align:justify;">Development of an efficient approach to potential markets.</li><li style="text-align:justify;">Investment in partners with the greatest chance of success.</li><li style="text-align:justify;">Grow your reputation throughout the territory.</li></ul>If you’re ready to focus on channel development marketing, get in touch with our team today. We’ll be with you every step of the way.

Channel development

&nbsp;<figure class="image"><img src="https://api.blue-wave.vn/images/8ce4b16b22b58894aa86c421e8759df3_20241107075725.jpg"></figure>We analyse data to discover how your digital assets really work. Then through testing and adjustment, we'll make them work harder for your business.Website optimisation is a central part of a digital strategy. Because in the digital world, nothing is permanent. Your business changes. The market changes. Technology changes. And customers change.Optimisation works in tandem with your other digital services. We analyse website analytics. Run user tests. And employ best-practice conversion tactics. All these combine with marketing and development to help you reach your business goals.

We analyse data to discover how your digital assets really work. Then through testing and adjustment, we'll make them work harder for your business.Website optimisation is a central part of a digital strategy. Because in the digital world, nothing is permanent. Your business changes. The market changes. Technology changes. And customers change.Optimisation works in tandem with your other digital services. We analyse website analytics. Run user tests. And employ best-practice conversion tactics. All these combine with marketing and development to help you reach your business goals.

Website optimization

<figure class="image"><img src="https://api.blue-wave.vn/images/d95679752134a2d9eb61dbd7b91c4bcc (1)_20241107075802.jpg"></figure>Our management consulting services focus on our clients' most critical issues and opportunities: strategy, marketing, organization, operations, technology, transformation, digital, advanced analytics, corporate finance, mergers &amp; acquisitions and sustainability across all industries and geographies.Bluewave brings deep, functional expertise, but are known for our holistic perspective:- We capture value across boundaries and between the silos of any organization.- We have proven a multiplier effect from optimizing the sum of the parts, not just the individual pieces.

Our management consulting services focus on our clients' most critical issues and opportunities: strategy, marketing, organization, operations, technology, transformation, digital, advanced analytics, corporate finance, mergers &amp; acquisitions and sustainability across all industries and geographies.Bluewave brings deep, functional expertise, but are known for our holistic perspective:- We capture value across boundaries and between the silos of any organization.- We have proven a multiplier effect from optimizing the sum of the parts, not just the individual pieces.

Consulting services

<figure class="image"><img src="https://api.blue-wave.vn/images/11d8c28a64490a987612f2332502467f (1)_20241107075814.jpg"></figure>In today’s business environment, strategy is more important than ever.At Bluewave, we offer creative solutions that have helped thousands of companies develop and execute winning strategies that create more value in their business. We work collaboratively with you, so you can:- Achieve sustained, profitable growth.- Develop a corporate strategy that supports end-to-end value creation, taking advantage of our broad expertise and world-class capabilities in business strategy, corporate finance, Micro-battles System, private equity transactions, organization and more.- Lead your company to its full potential, today and in the future, by making key decisions on where to play and how to win in your core business as you also build new engines of growth.- Develop digital strategies that align with your core strategy and propel you to a leadership position as digital reshapes your industry.- Leverage the power of proven tools and techniques that facilitate nimble experimentation and quick-hit problem resolution, recapturing the insurgent mindset that powered your company in its early days. Combine the talents of your commercially oriented and creative team members, the doers and the dreamers, to conceive and execute the bold new ideas that will fuel your strategy.

In today’s business environment, strategy is more important than ever.At Bluewave, we offer creative solutions that have helped thousands of companies develop and execute winning strategies that create more value in their business. We work collaboratively with you, so you can:- Achieve sustained, profitable growth.- Develop a corporate strategy that supports end-to-end value creation, taking advantage of our broad expertise and world-class capabilities in business strategy, corporate finance, Micro-battles System, private equity transactions, organization and more.- Lead your company to its full potential, today and in the future, by making key decisions on where to play and how to win in your core business as you also build new engines of growth.- Develop digital strategies that align with your core strategy and propel you to a leadership position as digital reshapes your industry.- Leverage the power of proven tools and techniques that facilitate nimble experimentation and quick-hit problem resolution, recapturing the insurgent mindset that powered your company in its early days. Combine the talents of your commercially oriented and creative team members, the doers and the dreamers, to conceive and execute the bold new ideas that will fuel your strategy.