business news

Update news business news

Multimodal connectivity to drive Vietnam’s transport infrastructure

Party General Secretary and President To Lam has stressed the need to develop a modern and comprehensive infrastructure system as Vietnam works towards becoming a country with modernity-oriented industry.

ST25 rice officially enters Selgros wholesale supermarket chain in Germany

Vietnam’s ST25 rice is now available across Germany’s Selgros wholesale supermarket chain, opening a new direct channel to European consumers.

Automated VAT refunds to be rolled out from December

Vietnam’s tax authority is speeding up VAT refunds, targeting a 90% pre-inspection refund rate by end-2026 and 95% in the first quarter of 2027, up from 70%.

Vietnamese brands win over domestic consumers to go global

Nearly 17 years since the launch of the “Vietnamese people prioritise Vietnamese goods” campaign, the position of Vietnamese products in the domestic market has improved significantly.

Vietnamese businesses advised to rethink strategies to expand market share in US

The US remains a promising market for Vietnamese products, but tighter requirements on origin, quality and compliance are pushing exporters to target niches, build brands and take greater control of their products.

Hai Phong tops new FTA Index, opens door to global capital

Hai Phong topped Vietnam's FTA Index 2025, becoming the only locality nationwide to receive the highest rating of 'very good' for the implementation of free trade agreements (FTAs), the Ministry of Industry and Trade said on August 18.

Taxing vacant land: separating speculators from financially strained owners

Individuals who own only a few land plots but lack sufficient capital to build houses should not be treated the same as those holding dozens of plots for years just waiting for prices to rise.

Vietnam's new SME development law faces two tests for private businesses

With around 1 million businesses in Vietnam, 98% of them small and medium-sized enterprises, the proposed Law on SME Development is, in practical terms, a law for the development of Vietnam's private business sector.

Vietnam faces new rivals in China’s booming durian market

Vietnam earned nearly $987 million from durian exports to China in six months, but fast-growing competition from Cambodia and Malaysia is intensifying.

How a bold crop switch turned Khanh Hoa farmers into high earners

Once struggling on hillside farms, Raglai families in Khanh Hoa took loans and switched to durian. Their gamble is now delivering harvests worth hundreds of millions of dong.

30% tax cut welcomed, experts still call for VND50 bil threshold

The proposed 30 percent tax reduction will directly assist household businesses, individual traders, and eligible enterprises, but the current VND10-billion revenue ceiling remains low and should be raised to VND50 billion, according to experts.

Apartment ‘flippers’ rush to exit as prime units lose selling momentum

As Vietnam's apartment market cools, investors who once relied on financial leverage are increasingly looking to cash out and recover their capital.

Multi-channel capital mobilisation needed to achieve double-digit growth

Vietnam will require substantial investment in infrastructure, technology, digital transformation, green transition and innovation to achieve double-digit GDP growth and sustain it for consecutive years.

Green shift powers investment in southeast Vietnam

The Southeast region is accelerating the shift towards green and smart industrial parks, seeing the transformation as a key lever to boost competitiveness, attract high-quality investment and secure sustainable growth.

Thai businesses see Vietnam as gateway to European market

As Vietnam is increasingly regarded by European companies as a manufacturing base and supply-chain hub, establishing production facilities could offer Thai businesses an additional route to the European market.

Vietnam International Financial Centre launches membership registration system

The VN International Financial Centre on August 17 unveiled an online system for registering and recognising members for 2026-2027, marking a step toward digitalising administrative procedures and improving services for investors and businesses.

Beyond $1 billion: Dak Lak durian looks to build a lasting brand

Dak Lak durian has become a billion-dollar export story. Its next challenge is harder: turning scale, quality and consumer trust into a lasting global brand.

Finance ministry moves to cut business costs, spur growth

The Ministry of Finance is deploying a broad package to lower tax obligations, extend payment deadlines, streamline administrative procedures and speed up the digitalisation of tax administration.

Vietnam seafood exports soar, but major challenges persist

Seafood export turnover is heading toward the $12 billion mark this year, the highest level ever recorded. However, the powerhouse Vietnamese sector is confronting a series of significant hurdles.

Why more Vietnamese fashion brands are disappearing

High operating costs, cautious consumer spending and intensifying competition are forcing Vietnamese fashion brands to scale back or close, including names once familiar to large numbers of shoppers.