business news

Update news business news

Two-tier government reform promises new momentum for businesses

Vietnam’s new administrative model aims to reduce red tape, empower local governments, and accelerate enterprise growth.

"Digital passport" for Vietnamese goods to reach global markets

Traceability and verification are an essential trend in the digital economy. Vietnam can fully leverage this to build a transparent, efficient, and globally competitive digital economy.

Vietnam Cycle Expo to return to HCM City in August

Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.

Vietnam's economy to remain resilient in 2025, says ADB

Despite a regional slowdown, ADB expects Vietnam’s GDP to grow 6.3% in 2025, backed by robust exports, rising FDI, and strong public investment.

PM orders urgent action to unblock renewable energy projects

The Prime Minister of Vietnam has issued an urgent directive to clear legal, regulatory, and logistical roadblocks hindering renewable energy projects nationwide.

IFC invests $20 million in Vietnam’s leading toll tech firm

The World Bank’s IFC has invested $20 million in Vietnam’s top ETC firm VETC to boost smart traffic infrastructure and digital transport solutions.

Amazon and Vietrade unite to boost global reach of Vietnamese brands

The 'V-Brands Go Global' program will help transform Vietnamese products into global icons.

Counterfeit crisis at Saigon Square reaches international scrutiny

HCM City recovers nearly US$79 million as counterfeit enforcement targets hotspots like Saigon Square.

Vietnam promotes formation of six new digital technology hubs

The Ministry of Science and Technology is accelerating efforts to help six provinces launch centralized digital technology and IT parks.

Vietnam pushes cross-border e-commerce as pillar of export strategy

In the context of the global digital economy, digital transformation and e-commerce are becoming key drivers helping Vietnam integrate internationally, enhance competitiveness, and expand its export markets.

Pi Network’s token price remains unstable amid crypto market surge

In recent days, despite a consistent uptrend in the global cryptocurrency market, the price of Pi Network’s token has remained highly volatile, hovering between USD 0.4 and USD 0.5.

Vietnam races to fix export block over food safety documentation

Ministry rushes to revise rules after $2.4 million in goods stuck in export limbo.

Vietnam to cut PIT brackets from 7 to 5, top rate remains 35%

The Ministry of Finance has proposed reducing income tax brackets and simplifying the structure, aiming to ease compliance and reduce tax burdens.

Vietnam considers taxing property sales up to 10% if held under 2 years

Ministry of Finance suggests taxing based on holding period if no purchase price is available.

US launches duty reviews on key Vietnamese exports

The US Commerce Department has initiated reviews on Vietnamese products including paper bags, steel nails, and lawn mowers under anti-dumping and countervailing duty laws.

Vietnam’s dragon fruit, pepper exports stalled by certification delays

Hundreds of tons of produce remain stuck as new regulations leave provinces unsure how to issue food safety certificates.

Billionaire Tran Dinh Long gains $400 million as HPG breaks records

Vietnam’s largest steelmaker benefits from protective trade policies and domestic demand for rail projects.

Banks in northern Vietnam suspend operations as Typhoon Wipha nears

Multiple banks temporarily close branches in Hai Phong, Quang Ninh, and other provinces due to storm impact.

Fruit and vegetable exports rebound, targeting 8 billion USD in 2025

Vietnam’s fruit and vegetable exports have shown signs of strong recovery, with the total export value in the first seven months of 2025 estimated at over 3.83 billion USD, following a sharp decline earlier this year.

Vietnam audit reveals financial sector’s cracks: Bad debts and poor returns

The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies across financial and banking institutions.