Surge in hot-rolled steel imports raises tax evasion concerns

Imports of wide HRC steel continued to surge 26 times in June compared to the same month last year. For the first six months, imports from China increased 15 times, with an estimated state budget revenue loss of VND2,300 billion.

Personal income tax of 35% on income over VND100 million seen as too high

The Ministry of Finance (MOF) has proposed reducing the number of personal income tax (PIT) brackets from seven to five, with the highest tax rate remaining at 35 percent. However, experts have suggested eliminating the 35 percent rate.

Hanoi to formalise regulations on underground space development

The Hanoi People’s Council has approved a resolution outlining a list of underground work sites that are encouraged for investment and construction in the city.

Public servants' salaries must be sufficient to live and maintain integrity

The country has entered a new stage of development, and the "two-footed public servant" model, where the "outside foot" is often longer than the "inside foot," is no longer acceptable.

HCMC ranks second globally for resident retention, ahead of Singapore

HCMC has surpassed Singapore to come in at second on the list of 65 cities across the globe with the highest staying power whose residents say they don’t want to leave, according to the City Pulse 2025 report by the Gensler Research Institute.

Australian fighter weds in Hue, stunned by 500-guest celebration

Over three years of dating, a tattooed Australian fighter visited Vietnam 11 times to see his girlfriend, and then wed her in February this year.

Inflation stays low in Vietnam, but external risks loom, warn experts

Vietnam recorded a modest 3.27% increase in its consumer price index (CPI) in the first half of 2025, well below the National Assembly’s 4-5% inflation target.

Elderly spend millions on unverified online medicines, risking health

“Each month, my parents’ pension and the money we send them, about VND20-25 million in total, are spent on online purchases and health treatments,” Ngo Thi Tuyet, a nurse in Binh Chanh district in HCM City, said, sighing.

Hanoi student admitted to both top Chinese universities

Tran Ngoc Van Anh, a 12th-grade student at the High School for the Gifted under the University of Foreign Languages, has gained admission to both China’s leading universities, Peking University and Tsinghua University.

Vietnam’s Next Top Model returns this August with upgraded format

Vietnam’s Next Top Model, one of the country’s most iconic reality TV shows, is making its comeback this August, with the first episode of Season 9 scheduled to air at 8:00 p.m. on August 3 on Vietnam Television (VTV9).

Young aerospace engineers: high training costs abroad, low salaries in Vietnam

Training for young aerospace engineers costs VND5-6 billion, but their income is only VND7-8 million upon returning to Vietnam, according to Associate Professor Pham Anh Tuan, Director General of the Vietnam Space Center.

From petrol to power: Vietnam’s two-wheeler market embraces the green shift

Vietnam’s green mobility transition is gaining momentum as electric vehicle manufacturers roll out large-scale trade-in programmes.

Business households switch from presumptive to profit-based tax under roadmap

Transitioning from presumptive tax to declaration-based tax should follow a three-phase roadmap, accompanied by specific technical and financial support to ensure feasibility, according to the Vietnam Academy of Social Sciences (VASS).

Urban A-segment cars increasingly lose favor in Vietnam

City cars, once the "ace" of many brands, are now under significant pressure due to the price war in the B-segment sedan market.

Stock market overhaul targets new inflows

Vietnam is stepping up efforts to unlock both domestic and foreign funding, leveraging tax reforms, infrastructure upgrades, and investor education.

Timeless treasure at southern Vietnam temple stuns all who visit

At a centuries-old temple in Hau Giang, a majestic horse statue has stood untouched for over 60 years under the care of a solitary monk.

What is special about the new Vietnamese-designed ADC chip?

The ADC chip design recently launched by Vietnamese engineers marks a significant breakthrough for Vietnam’s semiconductor industry, showcasing the ability to independently design and master core technology.

Phương Mỹ Chi comes third in Sing!Asia contest

Phương Mỹ Chi of Việt Nam finished third in the Sing!Asia a Chinese sensational music show that includes a large line-up of artists from various countries in Macao, China on July 27.

Vietnam to launch KOL alliance to foster trust, combat fake news online

A dedicated alliance of Key Opinion Leaders (KOLs) is set to make its debut in Vietnam this August during the country’s first-ever National KOL Conference, according to the National Cybersecurity Association (NCA).

Big haul of medals for Vietnam at World Mathematics Invitational 2025

All 36 Vietnamese students of various grades have won prizes at the 2025 World Mathematics Invitational (WMI) held in Bangkok, Thailand, from July 25 to 29.

New platform for stock market launched

The Ho Chi Minh City Stock Exchange launched a new platform to mark the 25th anniversary of the Vietnamese stock market on July 28.

Raglai’s sacred music used to communicate with spirits at risk of being lost

Khanh Hoa Province authorities have offered support and purchased ma la (a type of musical instrument) for villages and communes, but many of the locals cannot play, and the number of skilled artists is dwindling.

Five years of EVFTA keep Vietnam-EU trade on stable ground

Vietnam’s Trade Counsellor in Germany, Dang Thi Thanh Phuong, has recently shared an overview of the achievements of the EVFTA during a media interview in Berlin, marking five years since the agreement officially took effect in August 2020.

Department directors no longer required to take promotion exams

Directors and equivalent positions in central ministries and agencies, and department directors under provincial People’s Committees are now being assigned senior specialist ranks without having to take promotion exams as previously required.

Income from digital assets, domain names and licence plates to be taxed

In the draft amended Law on Personal Income Tax, the Ministry of Finance has proposed expanding the list of taxable incomes beyond the 10 categories currently stipulated in existing legislation.