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Dramatic changes required to achieve high income goal by 2045

VN needs a dramatic change through institutional and legal reforms along with economic restructuring for the rapid and sustainable development required to achieve its goal of becoming a high-income country by 2045.

Inspection report on gold trading activities being complied: SBV

The State Bank of Vietnam (SBV) has announced that inspections on compliance with legal policies in gold trading activities of credit institutions and gold trading businesses have been completed and an inspection report is being compiled.

VN speeds up low-emission rice cultivation, mobilizes VND20 trillion

Vietnam has gained the first harvests for the 1 million hectare high-quality low-emission cultivation pilot project and is entering the acceleration period. It is necessary to mobilize VND20 trillion more for the period.

AI and data sharing to curb e-commerce tax evasion in Vietnam

The General Department of Taxation is partnering with e-commerce platforms and related agencies to build an extensive database to monitor e-commerce tax compliance.

Ministry demands cross-border platforms like Temu adhere to Vietnamese law

The Ministry of Industry and Trade has instructed the E-commerce and Digital Economy Agency to enforce legal compliance for Temu, Shein, and other cross-border platforms in Vietnam.

Ninh Thuan’s strategic role in Vietnam’s clean energy goals resurfaces

Ninh Thuan Province, once home to Vietnam's nuclear power plans, is under renewed focus as the country revisits nuclear energy strategies.

Vietnam’s agricultural exports soar, projected to reach $61 billion this year

Vietnam’s agricultural exports are on track to set a historic record, projected at $60-61 billion despite weather challenges.

Deputy PM calls for immediate tax collection on Temu to level e-commerce field

Deputy Prime Minister Ho Duc Phoc directs immediate tax collection from Temu, citing local market risks posed by cross-border e-commerce.

Minister warns policy delays stifling investment in energy projects

Minister of Industry and Trade, Nguyen Hong Dien, highlighted the current reality: investors are hesitant and lack motivation to initiate energy projects due to uncertainty around capital recovery mechanisms for large investments in the sector.

Tax Department warns of fraud risks in personal income tax refunds

Taxpayers are encouraged to submit their documents online via the official software and websites of the General Department of Taxation.

Added value of the industrial sector up 9.59 per cent in Q3

VN’s industrial production in the third quarter of 2024 recorded positive growth, with an added value estimated to increase by 9.59 per cent.

Seafood exports to boom in year-end despite headwinds: experts

The Ministry of Agriculture and Rural Development has set a target of US$10 billion in seafood exports for this year.

US dollar forecast to continue strengthening against VND

After cooling down in August and September, the USD/VNĐ exchange rate has increased again since the beginning of the fourth quarter,

Businesses face pressure as bonds mature in droves

Many issuers, particularly in the property market, have been facing the same difficulty in coming up with the cash to meet bond obligations.

Land auctions fetch higher prices in new capital city’s districts

Hanoi's property market continued showing signs of recovery as successful land auctions fetched higher prices, with residents voicing concerns over inflated prices.

HCM City proposes ban on sale of land subdivisions in rural districts

HCM City authorities are considering a ban on land subdivisions for sale in five outlying districts in an effort to combat land speculation amid rising urbansation in these areas.

Experts urge a high-value chain for seaweed in VN

It is necessary to establish a closed value chain for seaweed to increase its added value and promote its development in Vietnam.

US issues duty determination on frozen warmwater shrimp from VN

The US Department of Commerce (DOC) has issued the final affirmative countervailing duty determination on frozen warmwater shrimp from VN, according to the Trade Remedies Authority of VN.

Hanoi envisaged to be northern hub for tourism growth

The capital city of Hanoi is envisaged to become the nation’s tourism growth pole in the north under the tourism system planning for 2021-2030 with a vision to 2045 recently announced by the Ministry of Culture, Sports and Tourism.

Big rebound forecast for southern industrial property market in 2025

Despite a challenging 2024 marked by global economic uncertainties and regulatory changes, the industrial property market in the south is poised for a robust recovery in 2025, according to property consultancy Knight Frank.