The construction of a section of the HCMC Beltway No. 2, stretching from Pham Van Dong Avenue to Go Dua intersection, could not be completed as scheduled for last year, so it has been rescheduled to 2026.

The U.S. has expressed interest in cooperating with Vietnam in renewable energy and semiconductor chip production.

The Ministry of  Education and Training has introduced a program for foreigners who are interested in teaching English at foreign language centers in Vietnam.

The HCMC government has released a list of 28 projects which will be introduced at a conference on green growth slated for January 24.

The Ministry of Planning and Investment has called on South Korean tech giant Samsung to support Vietnam to improve the capabilities of domestic businesses, especially those in the semiconductor industry.

Prime Minister Pham Minh Chinh has reiterated Vietnam’s commitment to facilitating Hungarian goods’ access to the Vietnamese and ASEAN markets.

Hyosung Group, a South Korean conglomerate known for its expertise in electrical transformer manufacturing, is planning to inject an additional investment of US$2 billion into Vietnam this year.

Three State-run banks – BIDV, VietinBank and Agribank – further cut deposit rates by 20 to 40 basis points on January 17.

Total outstanding loans in the economy are expected to rise by 4.4% in the first quarter of this year, signaling a departure from earlier forecasts, according to the State Bank of Vietnam’s Department of Forecasting and Statistics.

HCMC was the frontrunner among all Vietnamese localities in foreign direct investment (FDI) attraction last year, with US$5.85 billion registered in the city.