National
Workforce Development For High-Speed Rail Is Key
“According to calculations by the Việt Nam Railway Authority, between 2025 and 2030, the railway sector will require about 338,000 workers. In the immediate term, around 9,200 project management personnel and nearly 13,000 project consultancy staff will be needed. For the construction phase of high-speed rail alone, labour demand could reach between 70,000 and 80,000 […]
A Real Estate Tax?
“Vietnam’s housing crisis, though not officially acknowledged, is clearly evident in urban areas. In Hanoi, for example, the population is projected to reach nine million by 2025, with an urbanization rate of around 62%. This means the capital city’s urban population will grow from 4.1 million in 2022 to 5.6 million by 2025, or about […]
Remanufactured Imports Set To Be Regulated Under EU, UK Trade Deals
“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 […]
Private Economy A Lever For A Prosperous Việt Nam
“The private economy not only helps expand production, trade and services but also plays a crucial role in improving labour productivity, promoting innovation and enhancing national competitiveness, according to Party General Secretary Tô Lâm. In a new article on the strategic role of Việt Nam’s private sector in elevating the national economy, the Party chief […]
Law On Personal Data Protection Passed, Comes Into Effect In 2026
“The National Assembly yesterday officially passed the Law on Personal Data Protection, which stipulates that administrative fines for buying and selling personal data may reach up to 10 times any revenues gained from the violation. The newly adopted law will come into force on 1 January 2026, and was passed with 433 out of 435 […]
Draft Law On Corporate Income Tax Under Spotlight
“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 […]
M&A In Vietnamese Non-life Insurance Sector Develops Strongly
“While mergers and acquisitions in the Vietnamese life insurance sector have been relatively quiet, M&As in the non-life insurance sector have been quite strong, with the participation of both foreign and domestic investors. Experts said the small market size, the potential and growth rate are the reasons why the Vietnamese non-life insurance market is attractive […]
Expressway To Promote Socio-Economic Growth
“By the end of 2024, approximately 2,000km of expressways were put into operation. However, due mostly to financial difficulties, some expressways still face limitations in terms of lane capacity and speed restrictions. The Ministry of Construction reported that some road sections in the initial investment phase have only two lanes or four limited-width lanes, while […]
Campaign Launched To Issue ID Accounts For Foreigners
“The campaign will run from July 1 to August 19, 2025, for foreign nationals who have been issued a permanent or temporary residence card in Việt Nam. As Việt Nam continues its international integration efforts, the number of foreigners living, studying, working, and travelling in the country is increasing, leading to a growing demand for […]