“Magnus Frantzen Eidsvold, a spokesperson for Equinor, said that energy giant had discontinued its business development in Vietnam and closed its Hanoi office. This marks the first time Equinor has shut down an international office focused on offshore wind farm development. In recent years, the company has exited over a dozen countries where it had […]

“Meeting green standards is no longer optional but it is now a key requirement for Vietnamese businesses to maintain and expand access to the EU market, a workshop heard in HCM City on November 13. Speaking at the workshop Green Transition in Agricultural Production and Food, Promoting Exports to the EU, Jean-Jacques Bouflet, vice chair […]

“The Vietnamese Party and State already defined three strategic breakthroughs for socio-economic development, namely institutions, infrastructure and human resources combined with restructuring the economy and renewing the growth model, and promoting the national development based on science-technology, innovation and cultural values of Vietnamese people, he said. Developing the semiconductor and AI industries is an objective […]

“At the Vietnam M&A Forum 2024 held in HCM City on November 27, Deputy Minister of Planning and Investment Nguyễn Đức Tâm said that M&A has become an effective capital mobilisation channel, contributing to promoting the process of economic restructuring, renewing the growth model, and equitising state-owned enterprises. Tâm said that the socio-economic picture for […]

“The National Assembly’s Standing Committee (NASC) yesterday discussed the draft Law on Corporate Income Tax (amended). Presenting a summary of the draft amended Law on Corporate Income Tax, Deputy Minister of Finance Cao Anh Tuấn said that the draft closely follows the policy groups in the proposal to build the amended Law on Corporate Income […]

“In a move to meet international trade standards and leverage the benefits of key free trade agreements, the Vietnamese government has issued stringent regulations for managing imports of remanufactured goods under the UK-Vietnam Free Trade Agreement (UKVFTA) and the EU-Vietnam Free Trade Agreement (EVFTA). Decree No. 66/2024/ND-CP introduces a detailed framework for the import and […]

“HCM City needs to focus on transforming its industries towards digitalization and sustainability, experts told the 5th HCM City Economic Forum that opened on Wednesday. With the theme “Industrial Transformation – a New Driving Force for HCM City’s Sustainable Development,” the forum discussed topics such as global industrial transformation trends, the direction for HCM City’s […]

“Economists and industry experts said a balanced approach is required in implementing the changes to Việt Nam’s special consumption tax law, which will see tax double for alcoholic beverages from 2026 to 2030. Professor Chử Văn Lâm, vice president of the VEA, said the industry has considered the tax hike as a pressing issue, garnering […]

“Leaders of major Vietnamese business groups proposed bold solutions for coping with pressing issues and propping up economic growth while they were meeting with Prime Minister Pham Minh Chinh and Government ministers in Hanoi today, September 21. VinGroup Chairman Pham Nhat Vuong put forward four proposals, including expanding the teaching of the English language to […]