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Law on Deposit Insurance to be amended

According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV).

Cutting administrative procedures to facilitate businesses’ operations

To create an attractive business environment, at least 30% of the time and costs for administrative procedures must be cut, and unnecessary business conditions removed, as directed by Party General Secretary To Lam.

Vietnam enjoys 35.5% growth in FDI inflow in 2 months

Foreign direct investment (FDI) in Vietnam exceeded 6.9 billion USD in the first two months of 2025, marking a 35.5% year-on-year surge, according to the Foreign Investment Agency under the Ministry of Finance.

Vietnam considers rice price floor as exports hit record low of $390 per ton

With demand falling from major buyers like the Philippines and Indonesia, Vietnam is seeking new export markets to maintain long-term sustainability.

Developers exploit new land-price framework by pushing apartment prices up

High-end products are leading the apartment market in HCM City, with average selling prices around VND100 million per sq m. Experts believe that developers are taking advantage of the adjusted land-price list to push prices up.

New decree incentivises renewable, new energy development

The research and development of technology in Vietnam's wind and solar power sectors are being actively encouraged and supported, according to a recently issued government decree.

HCM City export furniture fair opens

HawaExpo 2025 kicked off in Thu Duc city, Ho Chi Minh City on March 4, showcasing made-in-Vietnam furniture and wooden products for export.

Pi Network slashes mining rate by 50% as price trends defy crypto market

Pi miners were shocked as Pi Network cut mining rates by up to 50%, while Pi’s price remained unaffected by global cryptocurrency market fluctuations.

State budget revenue up nearly 26% in first two months

The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.

Ministry calls on logistics firms to foster linkage with Middle East market

The delegation of the Ministry of Industry and Trade will visit the United Arab Emirates (UAE) and Qatar from April 6-14, aiming to enhance logistics cooperation between Vietnam and the Middle East

Hue City, Korean partners to promote tourism links

Hue has been seeking co-operation opportunities with Korean partners in launching an air route connecting Hue and Korea (Incheon and Phú Bài Airports).

Vietnam’s manufacturers see optimistic outlook despite low February PMI

In a report released on March 3, S&P Global noted that the muted start to 2025 for the Vietnamese manufacturing sector continued into February, with weak demand leading to further reductions in new orders and production.

E-portal serves over 41,500 online household businesses

The e-portal for households and individuals running ecommerce business, officially launched on December 19, 2024, provides a convenient channel for them to register, declare, and pay taxes.

PV GAS to provide clean energy for key power plants for 25 years

The corporation recently signed a contract with Petrovietnam Power Corporation (PV Power) to provide LNG power for the commercial operations of Nhon Trach 3 and 4 thermal power plants, which PV Power manages, for 25 years.

PM holds dialogue with businesses from ASEAN

Prime Minister Pham Minh Chinh chaired a dialogue in Hanoi on March 4 with businesses from ASEAN member countries that are operating in Vietnam.

SOEs seek greater autonomy in business operations

Leaders of state-owned enterprises (SOEs), which have proposed numerous solutions and targets to help obtain the targeted GDP growth rate of 8 percent, say they want greater autonomy in their business operations.

Experts warn: 90% of Pi Network investors could lose money

Pi Network has attracted widespread interest, but experts warn against betting too much on an uncertain future.

Building a Vietnam-owned retail system remains a challenge

Foreign players have developed and expanded rapidly through new investments and mergers and acquisitions

Ninh Thuan calls for investment with focus on marine economy

Priority will be given to projects that aim to improve the local marine economy by developing renewable energy, coastal tourism and marine services.

Adjusting Power Plan VIII needs to exploit biomass power potentials

The Vietnam Sugarcane Association (VSA) has proposed adjusting the draft revised Power Plan VIII, to resolve the ongoing problem of disposing of waste and to fully exploit the potential of biomass power development.