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HCM City expected to create a new development model

HCM City just celebrated the 49th anniversary of the liberation of the South and reunification of the country on April 30. The city has gained brilliant achievement, but it is facing difficulties as the ‘locomotive’ of the national economy.

Land Law 2024 to lure billions of USD of remittances to VN real estate market

The Land Law 2024 is expected to help Vietnam attract billions of dollars of remittances each year, contributing to promoting the growth of the real estate sector, according to insiders.

Vietnam’s wood industry strives to match sustainable wood demands

The Vietnam’s wood industry has many opportunities for recovery in 2024, with the Forest Stewardship Council (FSC) certification seen as essential for accessing global markets.

Energy giants plans for national power plan

The recent approval for Vietnam’s eighth national power development plan (PDP8) has heated up discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero goals.

Vietnam’s data center sector is attractive to foreign investors

Vietnam's data center market is attracting foreign investors due to high demand, according to JLL's comprehensive market report on Vietnam's data center sector.

VN ranks second in the world in cryptocurrency ownership rankings

Vietnam ranks second in the world in cryptocurrency ownership with 21.2 per cent of the population adopting crypto, according to data from the Crypto payment gateway Triple-A.

Vietnam becomes fastest growing digital economy in ASEAN: HSBC

Vietnam was the fastest growing digital economy in ASEAN in 2022 and 2023 and it is expected to maintain this position until 2025, with the number of smartphones users anticipated to reach 67.3 million by 2026, accounting for 96.9% Internet users.

Government urged to narrow domestic, global gold price gap

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.

Largest made-in-Vietnam bulk carrier launched

The largest-ever made-in-Vietnam bulk carrier was recently launched by Nam Trieu Shipbuilding Company Limited in the northern port city of Hai Phong.

Important trends emerge in Vietnam’s investment landscape

Several growth trends emerged in Vietnam’s investment landscape last year, including high-tech, Chinese investment, and cooperation with Japan.

Vietnam targets to have 2 million enterprises by 2030

Vietnam targets to have at least 2 million enterprises and ten billionaires voted by prestigious world organizations by the end of this decade.

Domestic gold prices edge down

As trading began this morning (May 13), domestic gold prices fell by VND3.3 million per tael for buying and VND2.8 million for selling, causing huge losses for those who had bought the metal at record-high prices.

Vietnam targets 10 billionaires and top Asian business leaders by 2030

Vietnam has set ambitious targets to have at least 10 billionaires and five of Asia’s most influential entrepreneurs by 2030.

Number of large FIEs in Vietnam almost doubles from 2022

The rate of entry into Vietnam of small FIEs is decreasing, while those with a workforce ranging between 501 and 1,000 almost doubled between 2022 and 2023.

Businesses and people expect VAT cut extension to be approved

The VAT reduction from 10 per cent to 8 per cent is being implemented according to Resolution 110/2023/QH15, from January 1 to June 30, 2024.

Green production, trade will help wood industry increase export

Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.

Central bank’s bid to stabilise gold market hits snag

Contrary to expectations, each auction has seen gold prices surge rather than decline, fueling a buying frenzy among consumers.

Manpower is key to building semiconductor industry in Vietnam

Minister of Information and Communications Nguyen Manh Hung says there should be a national agreement on workforce supply to ensure success for the human resources development project.

FDI takes on innovation focal point

Nearly 40 years since opening the doors to the wider world, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which is now leaning into new priorities such as semiconductor manufacturing and AI.

The turning point for Vietnam’s data center industry

The Viettel Hoa Lac Data Center, the largest and the first green DC in Vietnam, has electricity consumption capacity of 30MW. It is the first DC in Vietnam to receive green credit from HSBC.