Vietnam Today
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Potential of the private sector awakened
Mr. Le Chi Phuc, CEO of SGI Capital, tells Vietnam Economic Times / VnEconomy’s Phan Linh how institutional reform can maximize the potential of the private sector and drive sustainable growth opportunities for Vietnam over the next decade.
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Private economic sector seen as spearhead of development
Though now recognized as a key component of Vietnam’s economy, domestic private enterprises still have much to do on their own part to reach their full potential.
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Vietnamese poultry products allowed to export to Singapore
This marks a significant milestone in agricultural trade relations between the two countries and is expected to boost Vietnam's export turnover for livestock products.
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Continued 2% VAT reduction suggested
Upon approval, the VAT reduction will be extended from July 1, 2025 until the end of 2026.
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February industrial production in difficulty
Though rising handily year-on-year, industrial production was down month-on-month in February amid domestic and global market fluctuations.
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Vietnam's exports to Singapore maintain strong growth
Vietnam's exports to the Singaporean market in the first two months of this year reached over SGD1.54 billion ($1.15 billion), a 23.21% increase compared to the same period last year.
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Vietnam's coffee export value increased significantly
Germany emerged as Vietnam's leading coffee export market in the first two months of 2025, with turnover hitting $278 million—a 79% increase year-on-year.
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A possitive signal for FDI growth
FDI figures for the first two months of 2025 confirm Vietnam’s ongoing appeal among investors as an investment destination.
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Seaport cargo throughput estimated at 207 mln tons in Q1
Container cargo projected to reach 7.454 million TEUs, up 11% year-on-year.
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More opportunities for Vietnam's exports to New Zealand
Despite New Zealand being a major seafood exporter itself, it imports substantial amounts from global suppliers, including Vietnam.