“Speaking at a conference to link up banks and businesses in HCM City on October 14, Nguyễn Đức Lệnh, deputy director of the SBV’s HCM City branch, said outstanding loans at city banks as of September end were worth nearly VNĐ3.75 quadrillion (US$150.9 billion), up 5.83 per cent from the end of last year and […]

“The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will further boost trade and investment ties between Việt Nam and the United Kingdom (UK), according to officials of the two countries. The British Embassy and Việt Nam Ministry of Industry and Trade (MoIT) co-hosted conferences in Hà Nội and HCM City focused on two-way trade […]

“The recent electricity price increase is necessary, but it should be accompanied by a long term and transparent roadmap, experts said . Việt Nam Electricty (EVN) has raised the average retail electricity price by 4.8 per cent since May 10 this year. Accordingly, the average electricity price has increased from VNĐ 2,103.12 to VNĐ 2,204.06 […]

“According to the Ministry of Agriculture and Environment, the export value of wood and wood products in the first six months of 2025 reached US$8.21 billion, representing an increase of 8.9 per cent compared to the same period in 2024. The US remained Việt Nam’s largest export market, accounting for 55.6 per cent of the […]

“The EU-Việt Nam Free Trade Agreement offers Vietnamese enterprises the opportunity to expand their share in one of the world’s most lucrative but demanding markets. However, it can only be realised if they fully comply with its rules of origin, tariffs, environmental standards, labour, and social responsibility. This was highlighted at a seminar titled “Compliance […]

“With this provision, Troy Griffiths, Deputy Managing Director of Savills Vietnam, expressed his belief that the new land law will bring about more investment opportunities for the real estate buyer group of overseas Vietnamese. This change also creates significant potential for the market thanks to direct investment capital from the group.” Source: 2024 Land Law […]

“Internationally, the World Bank and the Organization for Economic Co-operation and Development (OECD) have shown that e-commerce and digital platforms can declare and pay taxes on behalf of sellers, as several countries – such as Belgium, Uruguay and some states in the US – have required them to do so to reduce compliance costs and […]

“The Ministry of Industry and Trade (MoIT) and the Institute of Energy (consulting unit) must confirm the basis for calculating and adjusting Electricity Plan VIII to ensure the highest feasibility, especially solving the situation of electricity shortage from now to 2030, first of all, the period 2026-28. Deputy PM Sơn asked the MoIT to rapidly […]

“Special mechanisms and policies will be implemented to foster the development of the private sector. Under Government Resolution No. 139/NQ-CP, ministries, sectors and localities are tasked with implementing tasks in addition to their regular duties. One of the plan’s core objectives is to improve the business environment by reviewing and removing unnecessary, overlapping, and inconsistent […]