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Increase of registered capital helps express corporation to upgrade expressways

The National Assembly’s approval of additional charter capital investment effectively ’unleashes’ mechanisms, allowing the VN Express Corporation break through after two decades of overcoming difficulties.

PM pushes for fastest road linking Gia Binh airport with Hanoi

PM Pham Minh Chính highlighted the urgent need for an additional dual-use airport in the Red River Delta, a key economic engine of northern Vietnam with Hanoi at its centre.

Mekong Delta to prioritise attracting high technology projects

Mekong Delta provinces will prioritise calling for businesses to invest in projects with modern technology and digital platform applications.

Vietnam’s blind box toy boom fuels sales surge across industries

Up to 293,000 products featuring Labubu and Baby Three were sold through the top 30 stores on Shopee and TikTok Shop in Q2 2024.

Binh Dinh eyes $62m industrial park

The project, expected to cost over VNĐ4.56 trillion (US$62 million), will span over 437ha in Mỹ An and Mỹ Thọ communes, Phú Mỹ District.

Proposal to significantly increase electricity imports from China and Laos

While domestic power sources - hydropower, gas power, solar and wind - remain the backbone of the country’s energy strategy, imported electricity serves as a crucial supplement to meet surging demand.

SK’s billion-dollar investment marks a strong return of Korean investors to VN

South Korea’s second-largest conglomerate, SK Group, has revealed plans to invest billions of dollars in Vietnam, marking a significant return of Korean investments.

VN needs to be self-sufficient in battery production: experts

Vietnam has the potential to become an important link in the global battery supply chain due to its rich mineral resources, but much more effort is needed in the research and development of domestic battery production to fully realise this potential.

Finance Ministry proposes tax and land rent payment extension for 2025

The Ministry of Finance (MoF) is seeking public feedback on a draft decree proposing an extension for the payment deadlines of value-added tax (VAT), corporate income tax, personal income tax and land rents in 2025.

Online sales drive business success to new heights

A report by market research firm Statista highlights that Vietnam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.

Vietnam imposes temporary anti-dumping duties on China's HRC steel

Vietnam’s Ministry of Industry and Trade (MoIT) has announced temporary anti-dumping duties on hot-rolled coil (HRC) steel imported from China, with tariffs ranging from 19.38% to 27.83%.

Foreign enterprises report massive losses - Is it real or just tax evasion?

More than half of FDI firms in Vietnam report continuous losses despite ongoing operations. Experts warn of tax evasion tactics that could distort market competition.

Vietnam to keep savings interest tax-free, finance ministry confirms

The Ministry of Finance has proposed maintaining the personal income tax (PIT) exemption on interest earned from savings deposits in its draft proposal for a revised Personal Income Tax Law.

Key industrial-product manufacturers join forces to boost exports

The annual export revenue of HAMI’s (Hanoi Association of Main Industrial Products) member companies is $2 billion.

Vietnam’s domestic businesses struggle as foreign firms exploit tax loopholes

FDI companies in Vietnam are leveraging tax incentives while declaring billions in losses. Experts suggest enhanced tax audits, standardized pricing databases, and global cooperation to curb corporate tax evasion and protect domestic enterprises.

Over $13.7 billion needed to upgrade port system

VN will need an estimated VNĐ351.5 trillion (US$13.76 billion) to upgrade its port system by 2030, with VNĐ72.8 trillion for maritime infrastructure and the rest for port terminals.

Businesses in finance industry promote application of AI in operations

Modern financial services have gone beyond basic transactions to become intelligent ecosystems personalised by AI.

Ho Chi Minh City may reclaim land left vacant for a year under new proposal

HCM City is proposing a new policy that would allow authorities to reclaim land left vacant for more than 12 months, even if landowners have paid required fees. The move aims to prevent land waste and boost urban development.

Vietnam proposes new real estate policies for foreigners in financial centers

Vietnam is planning financial centers with special real estate policies, including longer land leases and relaxed foreign ownership rules. The proposals aim to attract global investors but face scrutiny over potential risks of market instability.

VN enjoys competitive construction costs to develop data centres

Cushman & Wakefield stressed that Việt Nam continued to be recognised as an attractive destination for data centre investors.