Henig: IMO: So… NOW we know who is responsible for the exchange rates in Vietnam. I mean, we knew, but it’s actually spelled out here:
“The State Bank of Viet Nam was tasked with operating a monetary policy proactively and flexibly; enhancing inspection and supervision to ensure credit flows toward production, priority sectors and key growth drivers; and managing exchange rates and interest rates in line with market conditions to support production, business and investment attraction.” I like the fact that they’re actually mentioning the management of exchange rates.
PM requests priority on macro-economic stability, export expansion
Prime Minister Pham Minh Chinh has directed ministries, sectors, localities and State-owned groups to prioritise maintaining macroeconomic stability and accelerating export growth.
Wednesday, November 19, 2025 at 23:52
According to the PM’s official dispatch No. 221/CD-TTg dated November 19, since the beginning of 2025, ministries, sectors and localities have worked hard to synchronously and effectively implement macroeconomic management solutions, expand markets and promote export activities.
Over the first 10 months of 2025, Viet Nam’s macroeconomy remained stable, inflation was kept under control and major economic balances were ensured. The country’s total import–export turnover reached 762.4 billion USD, up 17.4% year on year. Exports stood at 391.0 billion USD, rising 16.2%, while imports hit 371.4 billion USD, up 18.6%, resulting in a trade surplus of 19.6 billion USD.
However, amid increasingly complex global developments and rising challenges, the PM requested stronger efforts to stimulate exports and contribute to achieving the national growth target of over 8% for 2025 while safeguarding macroeconomic stability.
He instructed ministries, sectors, localities and State-owned enterprises to continue implementing resolutions and conclusions of the Party Central Committee, Politburo, key leaders, the National Assembly, the Government and the Prime Minister, focusing on key tasks.
Specifically, the PM required consistent pursuit of the top goal of maintaining macro-economic stability, controlling inflation and ensuring major economic balances to create a favourable business and investment environment for rapid and sustainable growth. He emphasised the need for harmonious, flexible and effective coordination of monetary, fiscal and other macro-economic policies.
The State Bank of Viet Nam was tasked with operating a monetary policy proactively and flexibly; enhancing inspection and supervision to ensure credit flows toward production, priority sectors and key growth drivers; and managing exchange rates and interest rates in line with market conditions to support production, business and investment attraction.
The Ministry of Industry and Trade must take strong actions to boost exports, especially during the year-end months and New Year period when consumption increases sharply in many international markets.
The ministry was assigned to step up trade promotion, diversify markets, products and supply chains, and accelerate negotiations of bilateral and multilateral trade agreements with potential partners such as the GCC, Pakistan, Egypt, MERCOSUR and Algeria. It was also requested to continue negotiations on a reciprocal trade agreement with the US.
Viet Nam’s overseas trade offices must enhance support for Vietnamese exporters, assist localities and business associations in effectively utilising FTAs, and enhance information provision, market connectivity and product promotion.
The Ministry of Finance will continue implementing an appropriate expansionary fiscal policy and review export–import tax rates to facilitate exports and domestic production. It must also formulate support solutions for enterprises affected by the US reciprocal tax policies and strengthen customs inspections to prevent low-quality goods, violations of intellectual property rights and origin fraud.
The Ministry of Agriculture and Environment was instructed to drastically implement solutions against illegal, unreported and unregulated (IUU) fishing, work toward lifting the EU “yellow card,” and promote digital transformation and sustainable development in the fisheries sector. The ministry must also accelerate negotiations on market access, mutual recognition of food safety standards for key fruits and vegetables, and promote geographical indications, brand development, production-area codes and traceability systems.
The Ministry of Foreign Affairs will intensify economic diplomacy, support enterprises investing and trading overseas, and direct overseas Vietnamese missions to strengthen connectivity with localities and businesses at home. It must also mobilise support among GCC member countries to accelerate negotiations on the Viet Nam–GCC FTA.
The Ministries of Industry and Trade, Agriculture and Environment, and Foreign Affairs will set up working groups to develop new markets in the Middle East, Africa and Latin America, resolve outstanding FTA obstacles and speed up negotiations for new FTAs in late 2025 and early 2026.
Local authorities must promptly identify and resolve difficulties facing exporters. Provinces with agricultural exports via land borders must regularly update border-gate information and advise farmers and exporters to regulate production, packaging and transportation to avoid congestion.
State-owned groups, corporations and export enterprises were urged to adjust production and business plans flexibly, step up the application of technological advances, upgrade product quality and competitiveness, and diversify markets, products and supply chains.
Deputy Prime Ministers will oversee the implementation according to their assigned responsibilities, while the Government Office will monitor progress and report to competent authorities.
VNA https://en.nhandan.vn/pm-reque…..55671.html
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Henig: IMO: Hard to do cross-border payments or international trade without connectivity. This is a major step, albeit hidden behind a wall of verbiage.
Vietnamese, Canadian, EC leaders discuss enhancement of CPTPP – EU connectivity
November 23, 2025 – 10:23
Vietnamese Prime Minister Phạm Minh Chính met with Canadian PM Mark Carney and President of the European Commission Ursula von der Leyen on the sidelines of the G20 Summit.
JOHANNESBURG — Vietnamese Prime Minister Phạm Minh Chính met with Canadian PM Mark Carney and President of the European Commission (EC) Ursula von der Leyen on the sidelines of the G20 Summit in Johannesburg, South Africa, on Saturday afternoon (local time) to discuss directions for strengthening connectivity and promoting trade and investment cooperation between member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union (EU).
The three leaders welcomed the establishment of the CPTPP – EU Trade and Investment Dialogue in the context of profound changes in the world economy and many challenges, emphasising that this was an important step to strengthen the connection between the two most dynamic economic regions in the world and to consolidate the open, fair and rules-based global trade order.
They assessed that the CPTPP – EU cooperation has great potential, not only promoting trade and investment between the two sides but also contributing to creating more momentum for the world’s economic growth.
Canadian PM Carney affirmed that he will prioritise investing resources to promote cooperation between the CPTPP and the EU, and proposed assigning ministries and sectors of the countries to discuss and specify the content of cooperation.
Meanwhile, EC President von der Leyen expressed her desire to promote digital trade cooperation, moving towards signing an agreement between the two sides on this issue.
Speaking at the meeting, PM Chính emphasised the enhancement of CPTPP – EU cooperation and expressed his delight that the first CPTPP – EU Trade and Investment Dialogue took place successfully last week and the two sides agreed to adopt a joint statement. He said that cooperation between CPTPP and the EU is important, and it is necessary to accelerate the process of building a cooperation framework.
Sharing about the plan to assume the rotating chairmanship of CPTPP in 2026, PM Chính said that Việt Nam is preparing carefully and hopes to receive active support and assistance from CPTPP members. Việt Nam will inherit and promote the achievements of CPTPP, while working with partners to develop CPTPP more dynamically, substantially and effectively, promoting trade between members, he said.
The PM also said that in 2026, Việt Nam clearly identifies the CPTPP – EU Trade and Investment Dialogue as one of the top priorities.
The Canadian and EC leaders expressed their appreciation for PM Chính’s sharing, welcomed Việt Nam’s role as CPTPP Chair in 2026, and affirmed that they will closely coordinate to help Việt Nam successfully assume this important role in promoting trade and investment cooperation between CPTPP members, as well as between CPTPP and its partners. — VNA/VNS
https://vietnamnews.vn/economy…..ivity.html
Henig: IMO: At a 24,000vnd to $1 exchange rate, who has shopping money to support a $227M shopping center? What do you have up your sleeve, Vietnam? I think we may have an idea…
Aeon Mall to build $227mn shopping center in Vietnam’s Dong Nai
Tuesday, November 18, 2025, 18:11 GMT+7
Aeon Mall Vietnam Co., Ltd., an arm of Japanese retail giant Aeon Mall, has received approval to build a major shopping complex in Dong Nai Province, southern Vietnam.
The provincial administration on Monday held a ceremony to grant Aeon Mall Vietnam an investment registration certificate for its Aeon Mall Bien Hoa project in Tran Bien Ward.
Backed by more than VND6 trillion (US$227.4 million), the project is set to become one of the largest shopping malls in the province.
The mall will be built on a plot of over 10 hectares along Dang Van Tron Street and will feature a wide range of facilities, including food and beverage outlets, leisure areas, children’s play zones, office and warehouse space, and an event hall.
Aeon Mall Bien Hoa will also have the rights to import, export, wholesale, and retail goods without setting up separate wholesale or retail entities, in accordance with Vietnamese law.
According to provincial authorities, the investment is not only significant in terms of capital but also plays a strategic role in driving Dong Nai’s economic transformation.
At the ceremony, Nguyen Kim Long, deputy chairman of the Dong Nai administration, congratulated Aeon Mall Vietnam on choosing the province as its strategic location.
He highlighted that the project would strengthen the service and trade sectors, helping balance Dong Nai’s economic structure in line with its role as a gateway to the southern economic hub.
For the province’s more than four million residents, the presence of a world-class retail brand like Aeon Mall promises a modern shopping, dining, and entertainment destination built to international standards.
https://news.tuoitre.vn/aeon-m…..142107.htm
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Henig: IMO: More info on mergers and acquisitions in Vietnamese markets tells me that investors think this area has strong possibilities for profits. I like that thought.
Vietnam’s healthcare sector sees $4.8bn in M&A as foreign investors target promising market
Saturday, November 22, 2025, 16:57 GMT+7
Mergers and acquisitions in Vietnam’s healthcare sector reached an estimated US$4.8 billion in the first eight months of 2025, driven by rising domestic demand and growing foreign investment, a specialist said on Friday.
The figure represents a 21-percent increase from the same period in 2024, with the average deal size rising to about $42 million, according to Dang Duc Nhu, an M&A specialist.
The first international conference on mergers & acquisitions in healthcare (HIMA 2025) was held in Hanoi on Friday to highlight investment opportunities in Vietnam’s expanding medical market.
Nguyen Toan Thang, deputy chief of the Ministry of Health Office, said the government aims to expand community healthcare and improve medical services by 2030.
He added that reforms to increase transparency in procurement, boost domestic production of medical equipment, and expand international cooperation are expected to attract more foreign capital.
Most recent deals involved pharmaceuticals, hospital chains, and private clinics, with investors seeking to expand capacity and improve service quality.
Analysts said the sector’s growth is supported by a rapidly aging population, which accounts for about 20 percent of the country, and a middle class projected to reach 23 million by 2030.
“Foreign investors are targeting Vietnam not only for its growth but also to participate in reforms, digital transformation, and local manufacturing,” Thang said.
Bao Anh – Duong Lieu / Tuoi Tre News
https://news.tuoitre.vn/vietna…..756391.htm
