Ho Chi Minh City jumps 7 places in Global Financial Centers Index

Mon, 24 Mar 2025 15:10:00

Ho Chi Minh City climbs up seven place to rank 98th out of 119 cities in the 37th edition of the Global Financial Centers Index (GFCI 37).

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Hanoi promotes consumption to drive economic growth

Mon, 24 Mar 2025 15:06:00

Large retailers have been investing in expanding their distribution systems, aiming to contribute to the overall growth of the domestic market in 2025.

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Vietnam's small business growth soars to a four-year high

Mon, 24 Mar 2025 15:04:00

The survey findings released in Ho Chi Minh City on March 21 show that the growth momentum is expected to accelerate in 2025, with 92% of small businesses expecting to grow, the highest projection among 11 markets surveyed.

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Viet Nam, Luxembourg to sign MoU on cooperation in establishing international financial centers

Mon, 24 Mar 2025 15:01:00

Viet Nam and Lurxembourg have agreed on the need to early sign a Memorandum of Understanding (MoU) on cooperation in establishing international financial centers in Viet Nam.

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Surplus supply, falling prices: Vietnam's sugar industry faces competitive challenges

Mon, 24 Mar 2025 14:59:00

Excess domestic supply, competition from imported sugar, and shifting consumer trends are posing major challenges for Vietnam's sugar industry in terms of pricing and market stability.

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Regulators urged to take action against online trading fee hikes

Mon, 24 Mar 2025 14:58:00

It is necessary to have a management instrument to make sure all stakeholders in the online trading industry, e-commerce platform operators, sellers, and buyers, enjoy sustainability.

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Vietnam’s Small Business Growth Soars to a Four-year High

Mon, 24 Mar 2025 14:56:00

Vietnamese small businesses experienced a successful 2024, with 82 per cent reporting growth, up from 77 per cent in 2023 - the country’s highest result since 2019, according to CPA Australia’s annual small business survey.

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Finance Ministry proposes tripartite coordination mechanism to manage cryptocurrencies

Mon, 24 Mar 2025 14:56:00

The Ministry of Finance has proposed a pilot programme for issuing and trading cryptocurrencies and digital assets, with oversight from three key agencies: the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam.

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HCM City approves massive land reclamation project

Mon, 24 Mar 2025 14:56:00

The People’s Committee of Ho Chi Minh City has officially approved the investment project for land reclamation as part of the development of the Can Gio Coastal Urban Tourism Area.

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Industry and Trade Sector Flexible, Determined to Make Breakthroughs

Mon, 24 Mar 2025 14:56:00

2024 was considered an important milestone of Binh Duong foreign trade when the trade surplus was estimated at US$10 billion. In addition, industrial production expanded quite well, driven by the optimistic recovery of key industries. This success was certainly contributed by the Department of Industry and Trade with consistent and flexible policies.

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Quang Nam promotes investment attraction to create breakthroughs in regional economic development

Mon, 24 Mar 2025 13:17:00

After more than 27 years of re-establishment, Quang Nam has made breakthroughs in socio-economic development. The province’s economic structure is shifting strongly towards industry and services.

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Experts highlighted key steps to ensure development of nuclear power plants in Vietnam

Mon, 24 Mar 2025 13:17:00

The process of building the first nuclear power plant in Vietnam requires a significant amount of time, with many stages to be done. Over the recent past, the country has taken many key steps to ensure that this plant can become operational by 2032 to meet the national energy demand and secure sustainable development.

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French businesses show strong interest in Vietnam's high-speed railway project: Minister

Mon, 24 Mar 2025 13:17:00

French businesses are particularly interested in Vietnam’s high-speed railway project and want to establish and expand cooperation with Vietnamese partners, visiting French Minister of Transport Philippe Tabarot said at a meeting with Minister of Construction Tran Hong Minh in Hanoi on March 21.

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Incremental excise tax on sugary drinks in the offing

Mon, 24 Mar 2025 13:17:00

The amended Law on Special Consumption Tax, which proposes adding sugary soft drinks to the taxable list, will look to encourage long-term changes that will improve the health of consumers.

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Reasons outlined for maintaining petrol and aircon tax

Mon, 24 Mar 2025 13:17:00

The Ministry of Finance deems it necessary to maintain consumption tax on petrol and air conditioners, as per submitted amendments to the Law on Special Consumption Tax.

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Ministry of Finance and World Bank discuss new ODA-funded projects

Mon, 24 Mar 2025 13:17:00

Minister of Finance Nguyen Van Thang met with Mariam Sherman, World Bank division director for Vietnam, Cambodia and Laos in Hanoi on March 21 to discuss upcoming projects using official development assistance (ODA).

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Offshore wind development plans receive new lease of life

Mon, 24 Mar 2025 13:17:00

The government has put across its strong support for offshore wind development and improving the legal system for foreign investors.

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Energy firms seek tariff clarifications

Mon, 24 Mar 2025 13:17:00

Both foreign and domestic renewable energy firms have raised concerns over Vietnam’s proposed retroactive changes to subsidised pricing for solar and wind energy projects.

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