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Why e-commerce platforms are opposing tax filing requirements for sellers?

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.

New $1.19 billion credit package proposed for social housing loans

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.

Vietnam – US bilateral trade officially exceeds US$100 billion

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 legal framework for joint property investment in VN will be difficult

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.

Vietnam, Australia hold fourth economic partnership meeting

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.

Bond maturity pressure peaks in Q4

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 emerges as a global hub for car tyre manufacturing

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.

Excise tax on sugary beverages sparks debate between industry and experts

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.

OceanBank and CB Bank officially transferred to MB and Vietcombank

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.

Challenges loom for Vietnam’s ambitious offshore wind power plans

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 HCM City continue to grow, expected to increase 10% in 2024

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.

Ministries back proposal to tax multiple property owners

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.

Optimism grows as Vietnam's economy forecasts strong 2024 growth

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.

New regulation confirms EVN’s monopoly on surplus rooftop solar energy purchases

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 spends US$1.11 billion on importing corn from Argentina

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.

VN to meet GDP growth target if post-Yagi support solutions quickly implemented

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.

Electronic contract signing a key part of Vietnam’s digital economy

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.

Tran Dinh Long's recovery: Will he cement his position among Vietnam's richest?

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?

Vietnam's airlines face hefty carbon credit costs amid Corsia participation

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?

New regulations on foreign indirect investment in Vietnam drafted

The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.