The Ho Chi Minh City Tax Department has issued a tax enforcement order for Thuduc House, demanding nearly $4 million in late payment penalties related to a $15 million VAT refund tied to an electronics smuggling case.

A significant recovery may be expected in 2025, leading to swift movements of funds within this sector.

Major challenges are forcing agricultural production towards a more sustainable development and lower emissions.

Manufacturing companies in HCM City are finding it hard to hire employees for the end of the year, which is the peak season for production and business activities.

The General Department of Taxation has sent a document to 26 tax departments outlining solutions to support organisations, individuals and businesses suffering losses due to Typhoon Yagi and related flooding.

VAMC has purchased the bad debts of Sacombank related to Phúc An Khang International Hospital and Bình Dương Construction Stone.

Vietnam needs to consider the development of battery energy storage system (BESS) while the country is on a path towards promoting renewable energies to ensure energy security and sustainable development, experts have said.

Looking at what is happening with solar and wind power today, one would think that the goal of using renewable energy as the pillar of the power system in Vietnam is too ambitious.

The Trump Organization, owned by former U.S. President Donald Trump, is considering investments in hotel development, golf courses, and entertainment complexes in Hung Yen Province, Vietnam.

Shares of Novaland have plummeted to near record lows, weighed down by financial difficulties and regulatory warnings from the Ho Chi Minh City Stock Exchange.

A travel ban has been imposed on Bamboo Airways CEO Luong Hoai Nam, citing the airline’s unpaid taxes, raising concerns about the airline’s recovery efforts.

Indonesia has announced a record rice tender for September, seeking to acquire up to 450,000 tonnes from international suppliers.

With a sharp depreciation of the US dollar against the Vietnamese dong, the State Treasury has continuously bought large amounts of the greenback from commercial banks.

Typhoon Yagi led to the loss of millions of chickens and pigs. Some households have lost tens of billions of dong worth of fowl, while others have completely lost all their achievements gained over many years.

Vietnam Airlines will inaugurate a route between Hanoi and Milan starting from July 1, 2025, thereby making it the first Vietnamese carrier to establish a direct connection to Italy.

The Canada Border Services Agency (CBSA) has issued its final conclusion on the investigation into applying anti-dumping measures for steel wire originating or exported from China, Egypt, and Vietnam.

Besides exporting products to the US, Vietnamese competent agencies and businesses are also making every effort to bring US agricultural products to the Vietnamese market.

Vietnam will host the 2025 International Federation of Freight Forwarders Associations (FIATA) World Congress (FWC 2025), according to the Vietnam Logistics Business Association (VLA).

In Hanoi, the prices of apartments and separate houses in some areas such as Tay Ho, Hai Ba Trung, Ba Dinh and Hoai Duc have increased abnormally amid unchanged market conditions and demand.

As Vietnam considers implementing a carbon tax, experts are divided over its potential benefits and drawbacks. While some believe it will help reduce emissions, others warn of potential economic harm.