Experts at the "Vietnam Property Market Outlook 2025" conference, organized by Jones Lang LaSalle Incorporated (JLL), shared an optimistic view of the market's resurgence.
03/4/2025
Ho Chi Minh City
Vietnamese small businesses experienced a successful 2024, with 82 per cent reporting growth, up from 77 per cent in 2023 - the country’s highest result since 2019, according to CPA Australia’s annual small business survey.
Recently, some commercial banks have introduced many new savings products with attractive interest rates to attract customers to open deposit accounts, with some offering relatively high interest rates.
The global automotive industry is undergoing a major transformation, driven by new technologies, shifting consumer preferences and growing environmental concerns.
In 2025, Vietnam's textile and garment industry targets US$47-48 billion in export revenue, a US$3-4 billion increase from last year. To achieve this, businesses must expand markets and secure a proactive raw material supply while meeting strict standards on transparency, sustainability and labor compliance from key importers like the U.S. and the EU.
Vietnam's retail sector is growing rapidly, fueled by a young population, a growing middle class, e-commerce expansion and strong foreign investment. These factors ensure stable growth relative to the region.
In late February 2025, a signing ceremony was held at the Ministry of Finance headquarters to transfer the rights and responsibilities for representing state capital ownership from the Commission for the Management of State Capital at Enterprises (CMSC) to the Ministry of Finance (MoF).
Improving the Provincial Competitiveness Index (PCI) is always considered a key solution for Binh Duong province to attract more investment capital, boost economic development, enhance state administration and motivate innovation.
To attain high-income status by 2045, Vietnam must accelerate regulatory reforms to drive productivity gains. While the country’s remarkable economic success over the past 30 years has been fueled by export-led foreign direct investment (FDI), sustaining this trajectory requires a sharper focus on accelerating productivity growth.
With synchronous modern infrastructure, an open investment environment and a consistent motto of Welcoming investors and talents with open arms, Binh Duong is an attractive destination for businesses and investors. The province ranks second nationwide in FDI value, just after Ho Chi Minh City.
Continuing its 2024 success, Binh Duong province will aim for sustainable development, focusing on key areas, to achieve double-digit economic growth in 2025.