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Three major changes coming to Vietnam's banking sector on July 1

From July 1, Vietnam's banks will require biometric verification and phase out magnetic cards.

Five firms eye Vietnam’s North-South bullet train project

Permanent Deputy Prime Minister Nguyen Hoa Binh has revealed that more than five private companies have submitted proposals to invest in the North-South high-speed railway project - and the number continues to rise.

Vietnam ends gold monopoly, eyes market reforms

Vietnam eyes gold market reform with quota-based imports, tighter control, and more competition.

Public investment disbursement vital to Vietnam’s 2025 growth

Accelerating public investment disbursement is critical to sustaining Vietnam’s economic momentum and completing 2025 goals.

Vietnam welcomes fifth billionaire as stock market rallies

Pham Nhat Vuong tops Vietnam's richest list with $10.5B in latest Forbes ranking.

Vietnamese goods debut at Moscow’s first “Vietnam Corner”

On June 27, the first-ever “Vietnam Corner” was inaugurated at the flagship supermarket of Magnit Group, one of Russia’s largest retail chains, in the capital city of Moscow.

German experts support training for Vietnam’s int’l financial centre

The Vietnamese-German University (VGU) on June 27 launched its first international financial centre regulator executive training course, with instruction from leading German experts.

Non-tariff barriers still hinder Vietnamese goods from entering ASEAN

Although intra-bloc tariffs have been almost eliminated, non-tariff barriers still increase costs and reduce the competitiveness of Vietnamese goods in the ASEAN market.

Hanoi's concentrated promotion campaign to stimulate consumption

This year’s programme also encourages cashless transactions through QR codes and e-wallets, as in line with the national digital transformation strategy and smart city goals.

Vietnamese consumers spend 16 billion USD on online shopping in 2024

Shopee holds the largest market share, commanding 65% of GMV (around 10.4 billion USD), followed by TikTok Shop at 28% (4.5 billion USD), Lazada at 6% (1 billion USD) and Tiki at 1% (nearly 200 million USD).

Vietnamese firm wins WTO small business award

Vietnam’s NetZero Pallet has been named one of the winners of the 2025 Small Business Champions Competition, held by the World Trade Organisation (WTO).

2% VAT reduction extends to end of 2026

Under Resolution No. 204/2025/QH15 of the National Assembly, the 2% reduction in VAT is scheduled to take effect from July 1 and remain valid until December 31, 2026.

Homebuyers, sellers make use of AI

ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.

US tariff escalation challenges Vietnamese businesses

New U.S. tariffs and trade defense measures are increasing pressure on Vietnamese businesses, especially amid growing investigations into anti-dumping and subsidy practices.

Vietnam’s LNG power push advances with Nhon Trach 4 debut

At over 50MW, Nhon Trach 4’s first power output signals near-completion of Vietnam’s flagship LNG energy project.

Dong Nai plans $16bil. free trade zone linked to Long Thanh Airport

Dong Nai proposes a massive 8,528-hectare free trade zone adjacent to Long Thanh Airport and Phuoc An Port, with an estimated investment of $16 billion.

Phu Quoc debuts festival honoring 200 years of fish sauce tradition

The first-ever fish sauce festival opens in Phu Quoc, celebrating a centuries-old culinary heritage and iconic national brand.

Market gains momentum, VN-Index rises to 1,371

The Vietnamese stock market surged on June 27, led by strong performances in large-cap stocks, pushing the VN-Index up over 1,370 points.

SJC responds to central bank inspection findings

SJC acting CEO says firm has addressed central bank’s recommendations without major violations.

From boom to burnout: Vietnam's livestream sellers face crisis

What was once a booming trend is now a struggle - livestream sellers in Vietnam face dwindling trust and low sales.