The Vietnam Railway Corporation (VNR) has said it will launch a train service connecting Cao Xa Station in the northern province of Hai Duong to China on April 23.

Increased fast-moving consumer goods (FMCG) competition highlights the need for brands to identify growth drivers.

The Ministry of Planning and Investment has proposed six groups of policies for accelerating the development of industrial zones and economic clusters.

Under the current PIT law, wageworkers have to pay PIT if they have monthly income of VND11 million or more. But freelancers with incomes of tens of millions of dong do not pay this tax because their incomes are not identified by taxation agencies.

Following contract signings, developers must promptly notify the local housing management agency of the transactions so that the database can be updated.

The second draft was revealed on April 1, a few days after the ministry submitted the first draft of the revised Decree on petroleum business.

The trade of goods across the Vietnam-China border has returned to a pre-Covid-19 level of activity.

Chinese automaker Chery's Omoda&Jaecoo and Vietnamese company Geleximco signed a joint venture agreement on April 4 in the northern province of Thai Binh to construct a US$800 million automobile plant.

With the emergence of university-level courses focusing solely on the gaming industry in recent years, Vietnam is looking forward to a growth boost in the industry for digital economy development in the near future.

Though there is no clear evidence of a ransomware campaign targeting Vietnam’s businesses, experts have advised businesses to urgently protect their information systems.

Vietnam’s rosy economic prospects have helped consolidate the confidence of foreign firms in the country, as reflected through their investment of 6.17 billion USD in the first quarter of this year, up 13.4% year-on-year.

Minister of Information and Communications Nguyen Manh Hung affirmed that Vietnam is a country open in building an institutional regime which always listens attentively to businesses’ voice, especially foreign invested enterprises (FIEs).

Despite the emerging opportunities in the recycling industry, Vietnamese businesses are facing challenges in harnessing these prospects, putting them at risk of losing market share domestically.

With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn US$54-55 billion in export revenue this year as assigned by the Prime Minister, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Professors from Harvard University have lauded Vietnam for its success in developing its economy over the past decades.

Durian flesh price has soared to VND850,000 per kilogram, even though Vietnam produces one million tons of the fruit a year.

EPR has been gradually applied since the beginning of this year, with manufacturers and importers taking more responsibility for managing the disposal of their product packaging when it is discarded.

The average selling prices of apartments in Hanoi in the first two months of this year increased by 17 per cent compared to the same period in 2023.

The association expects that the country’s total spice export turnover will reach $2.2 billion in the next five years.

There are currently 418 industrial parks in Vietnam, covering an area of about 89.2 thousand hectares, of which 298 are in operation and 120 are under construction.