The proposal to delegate land-related administrative procedures to commune/ward authorities has drawn significant attention from VietNamNet readers.

The following is the second part of an interview given by Nguyen Dinh Cung to VietNamNet about new opportunities for HCMC, considered the ‘locomotive’ of the national economy.

The Ministry of Finance (MOF) has proposed raising the annual revenue threshold exempt from Personal Incone Tax from VND200 million to VND500 million. An estimated 2.3 million household businesses would not be subject to tax.

With strong exports in culture-driven products like K-pop, cosmetics, and traditional fashion, South Korea is reaping the rewards of its lifestyle-focused strategy. Vietnam may be next.

With bilateral trade soaring over 30%, Vietnam Expo 2025 is the platform turning figures into cross-border business success.

The Ministry of Finance (MOF) has submitted a draft to amend and supplement the Value Added Tax (VAT) Law to remove bottlenecks in tax refunds, helping to unblock capital flow for businesses.

The Prime Minister pushes forward pilot plans for free trade zones as strategic economic engines for the country’s future.

After dominating the Premier League broadcasting scene, K+ bows out amid mounting debt and the rise of OTT.

In just the first 10 months of 2025, Vietnam’s durian exports reached nearly USD 3.34 billion, officially surpassing the full-year figure of USD 3.2 billion in 2024 and setting a new all-time high.

Bamboo Airways plans to receive new aircraft in December 2025 as part of a strategy to restore its former market position.

It is very difficult, and even not feasible, to confirm whether the communal/ward level has sufficient capacity to undertake land registration.

After more than two years of implementation, Resolution 98 still has not created a significant change. Nguyen Dinh Cung, a respected economist, said the resolution had initially been designed within the framework of outdated thinking and law.

The Republic of Korea’s medical and beauty device manufacturers are increasingly viewing Vietnam where the median age is 33.4 as a promising market with strong consumer demand and rapid economic growth.

Massive meat imports - especially pork - have overwhelmed local supply, sending live pig prices plunging to their lowest point since 2021.

The proposal that the provincial land registration office be the sole point of contact for handling land procedures has received mixed opinions.

Starting from 2026, business households with average revenue of at least VND553,000 per day will have to pay tax. This would mean, for example, that a small vendor who sells only 28 boxes of sticky rice a day would be subject to a 4.5 percent tax.

Social housing development is a sound policy aimed at meeting the housing needs of low-income earners and factory workers, but implementation still faces numerous obstacles.

Global gold prices have risen 62 percent since the beginning of the year, but domestic prices have surged up to 84 percent. People rushing to buy gold are concerned that no gold will be left to purchase and investment opportunities may be missed.

As global medical tourism expands rapidly, Vietnam is emerging as a new destination thanks to its high-quality healthcare services, competitive costs and growing medical expertise.

Asahi Mutual Life Insurance Company (Asahi Life) of Japan is set to acquire Vietnamese life insurer MVI Life in a deal valued at almost 30 billion JPY (193 million USD).