Business
Law Promotes Real Estate-Related Bad Debt Settlement
“According to the Land Law, Housing Law, Real Estate Business Law and Law on Credit Institutions, effective from August 1 this year, instead of having to transfer all of a real estate project as collateral to recover bad debts, banks will have the right to transfer part of the project. Banks said that most bad […]
Ministry Proposes Developing Green E-Commerce Law
“According to a survey of the Vietnam E-commerce Association (VECOM) announced in 2024, the rapid development of Việt Nam’s e-commerce industry has caused many environmental problems, especially waste from packaging, order fulfillment and online food deliveries. The MoIT’s draft proposals to develop the Law on E-commerce will be included in the National Assembly’s law and […]
Rise In Energy Demand Requires Policy Reforms
“Việt Nam’s objective to achieve double-digit economic growth in the coming years is driving a sharp rise in electricity demand, heard participants at a forum held on Monday in Hà Nội. Experts speaking at the Vietnam Energy Forum 2025 said that without timely measures to develop power sources – particularly clean and sustainable energy – […]
Industrial Sector’s Rapid Recovery Drives Nation’s Economic Growth
“Việt Nam’s industrial sector has shown impressive signs of revival, driving growth in trade, consumption and exports to reinforce the foundations for sustainable economic development. According to the Ministry of Industry and Trade’s report, Index of Industrial Production (IIP) in the second quarter increased by 8.8 per cent compared to the same period in 2024. […]
Mechanical Engineering Sector Seeks Skilled Workers
“Despite employing hundreds of thousands of workers, Việt Nam’s mechanical engineering industry is grappling with a severe shortage of high-quality human resources, according to industry insiders. While the industry boasts a large number of unskilled labourers and processing workers, the supply of highly skilled engineers and technicians with in-depth expertise remains alarmingly low – posing […]
People Earning Under VND 15M Per Month Prioritised For Social Housing
“Individuals with a monthly income not exceeding VNĐ15 million, or married couples with a combined income not exceeding VNĐ30 million, are eligible for social housing support policies. The Government has issued Decree No. 100, detailing certain provisions of the Housing Law regarding the development and management of social housing. This decree clearly stipulates the conditions […]
Calls To Trim Business Regulations
“To meet the ambitious economic growth target of 8 per cent or more in 2025, experts emphasize the need to reduce business regulations and eliminate procedural barriers that hinder operations of enterprises. The General Satistics Office’s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market- making […]
VN, Japan Agree To Deepen Cooporation In Key Industries
“Việt Nam and Japan have agreed to enhance strategic collaboration across crucial industries, including high-tech sectors such as the digital transformation and semiconductor development, during the Việt Nam-Japan Cooperation Forum held in Hà Nội on Monday. In his speech at the event, Vietnamese Prime Minister Phạm Minh Chính said that the world is facing unprecedented […]
Most European Firms Would Recommend Investing In VN
“Around three in every four (72 per cent) business leaders would recommend Việt Nam as an investment destination, a survey has revealed, underscoring a consistent trend across recent Business Confidence Index (BCI) reports. Speaking at the European Chamber of Commerce in Việt Nam (EuroCham)’s release of the Q2 2025 edition of the BCI, EuroCham Chairman […]