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Vietnam News Roundup: May 9 to May 15

This week’s Vietnam news roundup covers growing pressure on U.S. footwear tariffs and Vietnam’s lobbying response, a rebound in the corporate bond market, rising power prices, renewed scrutiny of gaming regulations, Hilton’s expansion plans, a proposed VAT cut extension, and more…

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Insecticides & rodenticides: Vietnam imports up 2 percent in April

Vietnam’s imports of insecticides, rodenticides, and related materials reached US$99.99 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a marginal 2.06 percent increase compared to the import value in March, with a year-to-date import value of US$341.64 million for this category.

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Cashew nuts: Vietnam imports surge 45 percent in April

Vietnam imported US$732.22 million worth of cashew nuts in April 2025, up 45.07 percent from March, according to the latest data from Vietnam’s General Department of Customs. Total year-to-date imports reached US$1.66 billion, with Cambodia, Tanzania and Ghana as the largest suppliers.

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Tourism & hospitality: Hilton to have 14 hotels across Vietnam by end-2025

Hilton will debut its Tru by Hilton brand in Asia Pacific with 14 hotels in Vietnam by late 2025, in partnership with ROX Group (formerly TNG Holdings Vietnam), the company has said in a press release. The first four hotels will open in Hanoi, Ha Long, Lang Son, and Nam Dinh, with future sites planned in Da Nang, Can Tho, Thai Binh, Bac Giang, Hoa Binh, Lao Cai, Dak Lak, Hau Giang, Tam Ky, and Viet Tri.

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Healthcare: Japan’s IHW looking to build high-end hospital in Hanoi

Japan’s International Healthcare and Welfare Group (IHW) is looking at 2.5 ha of land in the North Hanoi Smart City for a 200-bed high-end hospital, English language news site, The Investor is reporting. The project is inspired by top-tier Japanese institutions like Sanno Hospital and Mita Hospital, the publication has reported.

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Vietnam Car Sales Tracker: April Update [data]

The April sales report of the Vietnam Automobile Manufacturers’ Association–the VAMA–has found that vehicle sales of the group’s members fell 11.09 percent in April compared to March. Declines were seen in passenger vehicles, trucks, buses, and special purpose vehicles, with only hybrids reporting an increase.

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Tax: Vietnam government submits proposal to extend VAT cut until end-2026

Vietnam’s Ministry of Finance has officially submitted a draft resolution to the National Assembly, seeking to extend the 2 percent Value-added Tax (VAT) reduction until December 31, 2026, Tuoi Tre has reported. The proposed extension applies to goods and services normally taxed at 10 percent, except for sectors such as telecoms, finance, insurance, real estate, mining (except coal), and luxury goods.

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