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The Vietnam E-commerce Association has expressed strong opposition to new tax regulations, arguing that platforms lack the expertise and infrastructure to take on such responsibilities.
The Ministry of Construction has announced plans to propose a 30 trillion VND credit package, funded by government bonds, to provide affordable housing loans to low-income individuals.
Two-way trade between Vietnam and the US surpassed the US$100 billion mark in the first nine months of the year, with the US remaining as the largest market for Vietnamese goods.
Developing a legal framework for joint real estate investment in Vietnam will be difficult, despite the laws on land, housing and real estate that took effect at the beginning of August, experts have said.
Vietnamese Minister of Planning and Investment Nguyen Chi Dung and Australian Minister for Trade and Tourism Don Farrell co-chaired the fourth Australia-Vietnam Economic Partnership Meeting in Adelaide city of Australia on October 17.
Analysts predict peak bond maturity pressure in the fourth quarter of this year, with the real estate sector facing the most significant burden at over 43% by October 4.
Vietnam is becoming a global automotive tyre manufacturing hub, with the export turnover of technical rubber products expected to reach 4 billion USD in 2024.
The proposal to apply a 10% excise tax on sugary beverages faces opposition from the beverage industry, which argues that the tax unfairly targets their products.
The State Bank of Vietnam has officially transferred OceanBank and CB Bank to new ownership, guaranteeing the safety of depositors' funds at every stage of the transition.
Experts are concerned that Vietnam's target of 6,000MW of offshore wind power by 2030 may be out of reach, citing legal gaps and the need for pilot mechanisms to attract investment.
Remittances to Ho Chi Minh City in the first nine months of 2024 reached nearly $7.4 billion, showing a 10.5% increase compared to the same period last year, despite a slight quarterly decline.
The Ministry of Construction and the Ministry of Finance have aligned on a proposal to tax multiple property owners in an effort to reduce speculative behavior and stabilize the real estate market.
With GDP growth in the first nine months of 2024 reaching 6.82%, Vietnam’s economy is on track for a strong recovery, buoyed by industrial production and a trade surplus.
Only Vietnam Electricity (EVN) will be authorized to purchase excess rooftop solar power, according to a newly proposed regulation from the Ministry of Industry and Trade.
Vietnam imports corn from five major markets, with Argentina emerging as the largest supplier, accounting for 57% of the country’s total corn imports over the past nine months, according to the General Department of Vietnam Customs.
Vietnam is likely to secure the 7% economic growth target this year as set by the Government if solutions to support businesses and people bearing the brunt of the recent super typhoon Yagi are implemented very quickly.
Businesses across the country have adopted multiple electronic authentication solutions to enhance operational efficiency, including tools such as electronic certification, digital signatures, eKYC, identity verification and electronic contracts.
With Hoa Phat’s remarkable recovery in 2024, Tran Dinh Long’s fortune has doubled. Could this momentum push him to the top of Vietnam’s billionaire rankings?
As Vietnam's airlines prepare to participate in the voluntary phase of the Corsia program, they face costs ranging from $4.6 million to $31 million for carbon credits. Will this lead to higher airfares?
The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.