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National Assembly to consider $834.5mil additional investment in Vietcombank

The Government has requested the National Assembly to sanction a substantial investment of VND 20,695 billion (over $834 million) in state capital for Vietcombank.

HCMC hosts 5th Economic Forum, focuses on industrial & digital transformation

Prime Minister Pham Minh Chinh attended the 5th Ho Chi Minh City Economic Forum, emphasizing the city's strategic initiatives toward sustainable and modern industrial development.

Debate over exit ban for business owners with tax debt: A fair solution?

Recent cases of exit bans for unpaid taxes have highlighted concerns among business owners, especially those who face such measures over minor or disputed debts.

Vietnam emerges as a key supplier of cassava starch to China

China has invested over one billion USD in the first seven months of the year to import cassava starch, primarily from Southeast Asia, with Vietnam contributing nearly 800,000 tons.

Private enterprises meet to discuss period of 'nation’s rise'

The meeting between the Government Standing Committee and private enterprises on September 21 is a special event during a special development period.

Nguyen Phuong Hang returns to lead Dai Nam Tourist Complex following release

After completing her prison sentence, Nguyen Phuong Hang has been reappointed as Vice Chair of the Board of Directors and CEO of Dai Nam Tourist Complex, resuming her leadership role at the company.

Mekong Delta farmers set to receive $40 million in carbon credit payments

Farmers in the Mekong Delta will receive close to 1,000 billion VND ($40 million) from the carbon credit program tied to Vietnam's 1-million-hectare high-quality rice project, with funding support from the Transformative Carbon Asset Facility.

Millions of border-crossing orders slip through without paying tax

In H1/2024, billions of USD worth of small-scale goods crossed VN borders each month, leaving a massive gap in tax revenue. As other countries close tax loopholes on small-value imports, VN faces increasing pressure to amend outdated tax policies.

VN's 2nd tallest skyscraper, Landmark 72, hits the market for over $748 million?

Landmark 72, Vietnam’s second tallest skyscraper located in Nam Tu Liem District, Hanoi, is reportedly being sold by AON Plc for $748.5 million, according to South Korean media.

Universities earning over VND1 trillion: Who tops the list in 2023?

In 2023, two universities exceeded 2,000 billion VND in revenue, with FPT University topping the list at VND2,920 billion, primarily from tuition fees.

Farmers struggle with massive debt after losing everything to storm Yagi

After the devastation caused by Storm Yagi, thousands of farmers in Vietnam are left with nothing but debt, as their livestock, fish farms, and crops have been completely wiped out.

Imexpharm boosts growth with enhanced R&D for global supply chain

Supported by a team of leading talents in the pharmaceutical industry, Imexpharm is set for major advancements.

Vietnam looks for ways to spark domestic consumer demand

From now until the end of the year, many trade promotion and consumer demand stimulation programmes will be launched to boost the domestic market.

Nearly 46,000 flights delayed over eight month timeframe

Flight delays have been significant over the past eight months, with 26% of the total number of flights, nearly 46,000, running behind schedule, according to reports from the Civil Aviation Authority of Vietnam (CAAV).

Real estate firms reach final stage of restructuring

The domestic real estate market is evolving in a progressively positive direction, as evidenced by numerous businesses striving to resolve lingering issues from the previous phase.

Banks seek legal authority to seize collateral, ease bad debt burden

At a recent meeting with the government, banks proposed the right to seize collateral as a solution to streamline the handling of bad debts, particularly in cases where legal proceedings drag on.

Storm sweeps away $100mil in aquaculture, farmers urged to shift to seaweed

After Typhoon Yagi caused over 2,500 billion VND ($100 million) in losses for aquaculture farmers, experts are recommending a shift to seaweed farming, a cost-effective alternative that requires minimal input.

Vietnam launches national semiconductor strategy: Roadmap to 2050

Prime Minister Pham Minh Chinh has approved Vietnam's Semiconductor Development Strategy, aiming to capitalize on geopolitical and human resources advantages and establish Vietnam as a key player in the global supply chain by 2050.

VN gets big orders for rice from Southeast Asian countries

Vietnam’s rice is in high demand in Southeast Asian markets as exporters have signed major contracts.

Taking losses from petroleum sales, big distributor wants to reduce imports

Several major distributors have proposed reducing the petroleum import volume assigned to them in 2024.