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Law on Deposit Insurance to be amended

Vietnam Economic News - Wed, 03/05/2025 - 08:49
According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV).

Seminar discusses economic challenges, opportunities

Vietnam Economic News - Wed, 03/05/2025 - 07:44
The challenges and opportunities facing Việt Nam’s economy during US President Donald Trump's second term was discussed at a seminar in HCM City on March 4.

Setting a floor price to tackle challenges in rice exports: Insiders

Vietnam Economic News - Wed, 03/05/2025 - 07:34
The global rice market has shifted rapidly, particularly after India lifted its export ban in September 2024.

PM holds dialogue with businesses from ASEAN, urging cooperation to achieve 8% GDP growth

Vietnam Economic News - Tue, 03/04/2025 - 22:30
Several ASEAN countries are also among the top foreign investors in Việt Nam. Specifically, Singapore takes the lead with 3,946 projects worth $84.3 billion, followed by Thailand with 755 projects worth $14.3 billion, and Malaysia with 767 projects totaling $12.9 billion.

Việt Nam's manufacturers see optimistic outlook despite low February PMI

Vietnam Economic News - Tue, 03/04/2025 - 18:40
In a report released on March 3, S&P Global noted that the muted start to 2025 for the Vietnamese manufacturing sector continued into February, with weak demand leading to further reductions in new orders and production.

MoIT hosts meeting to review trade promotion activities

Vietnam Economic News - Tue, 03/04/2025 - 18:35
The Ministry of Industry and Trade (MoIT) on March 4 organised a conference to evaluate and discuss trade promotion activities conducted in February through Vietnamese trade offices abroad.

VN-Index surpasses 1,310 points despite continued foreign selling

Vietnam Economic News - Tue, 03/04/2025 - 16:56
Despite the increase, market breadth remained negative, with 115 gainers compared to 199 decliners.

Prime Minister promises strong cooperation with South Korean businesses

Vietnam Economic News - Tue, 03/04/2025 - 16:44
Regular engagement with businesses is essential for addressing challenges and creating a supportive environment for growth, said South Korean Ambassador to Việt Nam Choi Youngsam.

FDI fuels Việt Nam’s momentum to reach double-digit economic growth

Vietnam Economic News - Tue, 03/04/2025 - 14:16
According to the General Statistics Office (GSO), Việt Nam secured US$38.23 billion in FDI last year, positioning itself among the top 15 developing countries for FDI inflows. Notably, the disbursement of FDI capital hit a record high of $25.35 billion, up 9.4 per cent from the previous year. The influx has contributed significantly to Việt Nam's position as a regional leader in economic growth.

1,000-hectare free trade area set to take shape in Hải Phòng

Vietnam Economic News - Tue, 03/04/2025 - 14:05
The area will be part of a 20,000-hectare economic zone built by the southern coast of the city.

Việt Nam hailed as economic development model amid global uncertainties

Vietnam Economic News - Tue, 03/04/2025 - 14:01
Australia’s East Asia Forum commended Vietnam as an economic development model, crediting the new leadership for pushing hi-tech innovation, mega infrastructure and institutional reforms.

PV GAS to provide clean energy for key power plants for 25 years

Vietnam Economic News - Tue, 03/04/2025 - 13:20
The PetroVietnam Gas Joint Stock Corporation (PV GAS) will supply LNG power to the Nhơn Trạch 3 and 4 thermal power plants.

Agro-forestry-fisheries exports rise 8.3 per cent over two months

Vietnam Economic News - Tue, 03/04/2025 - 13:00
The total export value in the first two months of the year was $9.38 billion.

Ministry of Finance proposes tax exemption for orders under VNĐ2 million

Vietnam Economic News - Tue, 03/04/2025 - 12:43
Organisations or individuals can only benefit from tax exemptions on purchases up to VNĐ96,000,000 per year.

Over 4,000 Ford Explorer vehicles recalled in Việt Nam for safety inspection

Vietnam Economic News - Tue, 03/04/2025 - 11:59
The issue involves A-pillar retention clips, the components responsible for securing the trim that covers the vehicle’s roof supports along the windshield.

International shipbuilding expo to take place in Hà Nội

Vietnam Economic News - Tue, 03/04/2025 - 11:11
The event will feature more than 100 exhibitors, including those from countries with developed maritime industries.

Foreign ownership cap proposal of financial centres needs further review

Vietnam Economic News - Tue, 03/04/2025 - 09:51
The Ministry of Planning and Investment proposes that banks or credit institutions headquartered in international financial centres are not subject to foreign ownership restrictions or foreign investment conditions, when providing services in the centres or cross-border services

Ministry works on application of international financial reporting standards

Vietnam Economic News - Tue, 03/04/2025 - 09:32
As Việt Nam is strongly attracting foreign investment, especially from large multinational corporations, the application of IFRS will streamline the corporations’ financial reporting processes, enabling seamless integration with their global operations.

Adjusting Power Plan VIII needs to exploit biomass power potentials

Vietnam Economic News - Tue, 03/04/2025 - 09:12
The VSA proposed some recommendations to the Ministry of Industry and Trade to adjust the draft Power Planning Adjustment Project VIII related to biomass power.

Broadening eligibility for business establishment should be considered prudently

Vietnam Economic News - Tue, 03/04/2025 - 08:51
According to the proposed amendments to the Law on Enterprises, employees who are scientists will be permitted to establish and oversee businesses dealing with researched scientific products.

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