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Mandatory transfer of DongA Bank terminates shareholder ownership

Once one of Vietnam's prominent banks, DongA Bank has now been placed under mandatory transfer by the SBV, effectively ending the rights of its shareholders, including major institutional investors.

Low-cost Chinese milk grapes dominate Vietnamese markets despite safety warnings

Following the detection of harmful chemicals in Thailand, Chinese milk grapes remain a staple in Vietnam’s markets, with authorities ensuring compliance with domestic safety standards.

European start-up enters Vietnam’s ride-hailing market

Similar to other popular technology ride-hailing applications such as Grab or Be, Bolt expects to provide basic services, including transport, shopping and food delivery.

MPI outlines key components for first-ever IFC

Vietnam gets ready to establish its first international financial centre (IFC) in HCM City, the Southeast Asian economy’s largest economic hub.

Vietnam’s billion-dollar green hydrogen opportunity lies in limbo

Green hydrogen offers Vietnam the opportunity to achieve its net-zero goals and potentially earn billions of dollars, but significant challenges could delay its progress.

Record pork prices ahead of Lunar New Year spark illegal imports

With pork prices peaking at 70,000 VND/kg, Vietnam faces challenges from illegal imports of disease-affected and unsafe pork, prompting stricter enforcement measures.

Proposal to tax second and subsequent homes under consideration

The Ministry of Finance (MOF) continues to research and identify problems and inadequacies in the implementation of tax policies related to real estate.

Vietnam's auto industry weathered the storm in 2024

Though facing difficulties, the automobile industry had a prosperous 2024 thanks to the government’s support, car dealers’ preferences, and VinFast’s product strategy.

Vietnam targets Agoda, Airbnb, PayPal, and Booking.com for tax compliance

The General Department of Taxation has named key foreign platforms operating in Vietnam without fulfilling tax obligations, including Agoda, Airbnb, PayPal, and Booking.com.

Strategic deals at Trump’s estate enhance U.S.-Vietnam trade ties

Nguyen Thi Phuong Thao, founder of Vietjet, recently met with strategic U.S. partners at Mar-a-Lago, Donald Trump’s estate, to discuss billion-dollar deals that deepen U.S.-Vietnam relations.

From $9 million to $1.75 billion: Nghe An’s FDI success story

Once a minor player in foreign investment, Nghe An has climbed into Vietnam’s top FDI destinations, attracting $1.75 billion in 2024 alone, thanks to strategic planning and a supportive business environment.

WHA Group to invest $1 billion in Vietnam’s industrial real estate

WHA Group plans to invest at least US$1 billion in the next five years to develop eco-industrial and smart industrial parks in Vietnam.

Majority of credit institutions expect profit growth in 2025

According to an SBV survey, In 2025, 85.1 per cent of credit institutions expect their pre-tax profits to grow positively compared to 2024.

Forty enterprises with capitalisation of over 1 billion USD each listed on HoSE

As many as 40 enterprises with capitalisation of over 1 billion USD each had been listed on the Ho Chi Minh Stock Exchange (HoSE) by the end of 2024, the bourse has announced.

Gasoline prices will not fluctuate much in 2025: expert

Global gasoline prices will not fluctuate much in 2025, according to Doan Quyet Tien, an expert from the Vietnam Petroleum Institute (VPI).

Vietnam eyes 8 billion USD in fruit, vegetable export value in 2025

Vietnam's fruit and vegetable sector aims to achieve 8 billion USD in export revenue in 2025, building on significant market expansion and sound growth, according to the Vietnam Fruits and Vegetables Association (VINAFRUIT).

Many odd developments occurred at land auctions in 2024

In 2023, land auctions encountered difficulties and many localities had to stop auctions because of the lack of participants, while in 2024, many auctions were organized where unexpected events occurred.

Electric vehicles and hybrids lead Vietnam's auto market growth in 2024

Vietnam’s auto market closed 2024 on a high note, overcoming challenges to achieve double-digit growth and signaling a path to recovery.

Agoda, Airbnb, Booking and PayPal must register with tax authorities

These four digital e-commerce platforms have operated in Việt Nam for years but have failed to register for tax purposes via the tax authority’s electronic portal.

People tend to tighten spending for upcoming Tet holiday

Financial security is among the primary concerns for Vietnamese customers over the longer term.