Feed aggregator

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.

Townhouse rents fall in HCM City as demand declines

Vietnam Economic News - Tue, 03/04/2025 - 08:27
After years of steady increases, townhouse owners in HCM City have recently started reducing rentals for their properties.

Collaboration needed to tackle challenges in Vietnamese pepper industry

Vietnam Economic News - Tue, 03/04/2025 - 08:01
Concerted efforts are needed for the pepper industry to tackle challenges such as climate change, rising consumer demand and lower global production, speakers said.

Đà Nẵng invests nearly $5.5 million in science and technology development

Vietnam Economic News - Mon, 03/03/2025 - 17:39
Of the total investment, VNĐ107 billion came from the city's science and technology budget, VNĐ11 billion from central Government funding and VNĐ22 billion from other sources.

Ninh Thuận calls for investment with focus on marine economy

Vietnam Economic News - Mon, 03/03/2025 - 17:37
Priority will be given to projects that aim to improve the local marine economy by developing renewable energy, coastal tourism and marine services.

Quảng Trị adjusts development plan for Lao Bảo special economic zone

Vietnam Economic News - Mon, 03/03/2025 - 17:35
The Lao Bảo Special Economic and Trade Zone will play an important role in establishing a Việt Nam-Laos cross-border trading area.

Embracing ESG practices, a vital trend for businesses: workshop

Vietnam Economic News - Mon, 03/03/2025 - 17:30
Amidst the global trend of sustainable development and responsible business, it has become critical for enterprises to incorporate environmental, social and government (ESG) practices into their operations to better integrate with the world market and gain a competitive edge, a workshop has heard in HCM City.

European enterprises propose maintaining on-the-spot import-export mechanism

Vietnam Economic News - Mon, 03/03/2025 - 17:04
The European Chamber of Commerce in Việt Nam (EuroCham) has urged the Government to maintain this policy until a formal legal framework is established, ensuring a stable business environment for enterprises.

Market kicks off March positively as VN-Index approaches 1,310 points

Vietnam Economic News - Mon, 03/03/2025 - 16:59
Market breadth remained relatively balanced, with 157 gainers compared to 158 decliners.

Hà Nội breaks ground on 1,104-unit housing project in Đông Anh

Vietnam Economic News - Mon, 03/03/2025 - 16:51
The project is expected to be finished five months ahead of schedule, aiming to complete construction early in the third quarter of 2026, meeting the housing requirements for over 3,900 people.

Food businesses concerned decree amendments could cost them millions

Vietnam Economic News - Mon, 03/03/2025 - 15:07
The draft decree has significantly tightened three categories of administrative procedures and introduced some unreasonable regulations, potentially creating new bottlenecks for production and business operations, according to EuroCham.

Bình Định's wood industry expands on global stage

Vietnam Economic News - Mon, 03/03/2025 - 15:04
Bình Định Province aims to increase wood export value to US$1.5 billion this year.

Hải Phòng: A second home for foreign investors

Vietnam Economic News - Mon, 03/03/2025 - 12:33
Hải Phòng now hosts over 1,000 foreign direct investment (FDI) projects from investors across 40 countries and territories.

Capital market improvement needed to meet high growth targets

Vietnam Economic News - Mon, 03/03/2025 - 10:48
In addition to growth drivers such as exports and consumption, raising capital is the key for Việt Nam to achieve the growth target of 8 per cent this year.

Building a Việt Nam-owned retail system remains a challenge

Vietnam Economic News - Mon, 03/03/2025 - 09:31
Foreign players have developed and expanded rapidly through new investments and mergers and acquisitions

Shinhan Life Việt Nam launches regular premium universal life product

Vietnam Economic News - Mon, 03/03/2025 - 08:59
Shinhan Life Việt Nam officially launched its new regular premium universal life product under the commercial name Universal Life Product Shinhan – An Thịnh on March 3.

Banking sector faces liquidity challenges amid rate cuts

Vietnam Economic News - Mon, 03/03/2025 - 08:45
The recent reduction in deposit interest rates by commercial banks has raised concerns about liquidity, especially among smaller institutions.

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