Recent legislative changes, a breakthrough mindset to remove bottlenecks and simplify administrative procedures for investors, will take effect in early 2025, potentially unleashing long-blocked resource potentials, he stressed.

Vietnam’s multi-trillion VND bond market is gearing up for a breakthrough year, as new policies and big-name players like Vingroup and VietJet lay the groundwork for economic recovery.

At the extraordinary shareholders’ meeting of LPBank held several days ago, shareholders approved the board of directors’ proposal on the relocation of the bank headquarters. Eximbank will also consider a similar proposal at its shareholders meeting.

Apartments with prices below VND50 million per sq m can no longer be found in Hanoi. Buying an apartment with two bedrooms for around VND3 billion is impossible.

Japan could be a market with great potential, valued at hundreds of billion of dollars for Vietnamese businesses if they can access Japanese partners in not just IT, but multiple industries as well.

As Vietnam gears up for Lunar New Year 2025, domestic airlines report a surge in bookings, with fares peaking at 3.7 million VND and many routes fully booked.

Cordyceps sinensis, priced up to 2.5 billion VND ($102,000) per kilogram, is becoming a popular Tet gift in Vietnam, with demand far outpacing supply for premium grades.

Despite record export revenues, Vietnam’s coconut industry faces a critical shortage of raw materials as supplies are exported to China for further processing.

An audit by the Civil Aviation Authority of Vietnam revealed that Vietjet Air and Vietnam Airlines lead in slot mismanagement, with hundreds of unused or delayed slots at Tan Son Nhat and Noi Bai airports.

Vietnam’s ambitious efforts to streamline its government apparatus and reform institutions are setting the stage for robust economic growth in 2025 and beyond.

Taxing personal income from real estate transfers based on ownership duration in order to prevent speculation is a necessity. However, there are concerns that incorporating taxes into selling prices may lead to property price escalations.

It has been projected by 2025, the country’s e-commerce market will surpass US$25 billion, according to a report from the Ministry of Industry and Trade (MoIT).

Vietnam is at second position among the most attractive and promising foreign investment destinations for Japanese enterprises, according to the survey results released by the Japan Bank for International Cooperation (JBIC) on December 12.

He urged ministries and sectors to proactively study the FATF's recommendations and their methodology, the requirements of the FATF/APG joint group, and the documents provided by the central bank

Only two commercial banks have slashed lending interest rates, while the strategies of other banks remain unclear. Currently, the trend of rising interest rates remains dominant.

Banks use charter capital to cover shortages as lending exceeds capital raising, but experts warn this gap risks higher interest rates and banking system instability.

Vietnam’s economic landscape is poised for robust growth, with experts forecasting the possibility of a remarkable two-digit expansion in the coming time, driven by foreign direct investment (FDI) and technological advancements.

Foreign direct investment (FDI) remains one of the most vital drivers of national economic growth, recording remarkable results in 2024.

A protocol related to railway transport cooperation between Vietnam and China was signed at the 44th Vietnam-China border railway conference held in Hanoi on December 12.

Prime Minister Pham Minh Chinh has laid stress on the need to complete the resolution of obstacles for renewable projects by February 2025 to prevent wastefulness, contributing to ensuring electricity for development.