business news

Update news business news

Gold’s unstoppable rally: prices soar 48% in nine months

Global gold rally continues as central banks and retail investors drive prices toward USD 4,000.

Vingroup chairman’s wealth skyrockets, now among top 150 global billionaires

Pham Nhat Vuong’s fortune has surged to nearly USD 17 billion as Vingroup shares quadruple in value, propelling him into the top 145 wealthiest individuals worldwide.

South Korean investor reconsiders exit from prime Ho Chi Minh City site

The Thu Thiem Eco Smart City project is back on the table as Lotte seeks to renegotiate terms with Vietnamese authorities.

CMC impresses with AI and innovation breakthroughs at VIIE 2025

CMC showcased its national AI and cloud platforms at VIIE 2025, reinforcing its leadership in Vietnam’s digital transformation.

No changes yet in property tax policy, says Finance Ministry

Proposals to tax based on property ownership duration have been dropped in favor of the current 2% flat-rate system.

Large enterprises urged to drive Vietnam’s rise in global value chains

CMC Chairman Nguyen Trung Chinh calls on large enterprises to lead Vietnam’s push into global value chains.

Viettel and MobiFone lead Vietnam’s first CBDC pilot program

The State Bank’s digital currency pilot opens new opportunities for telecom giants in digital finance.

Fruit exports hit record USD 1.4 billion in September

Vietnam’s fruit industry achieved historic revenues, with durian and lychee driving explosive export growth.

Apartment prices remain high, ministry warns of speculation

Real estate prices are rising but do not reflect true value, remaining high compared to the average income of most people, the Ministry of Construction (MOC) has said.

PIT Law: more deductible expense items proposed

In addition to including party membership fees and trade union dues as deductible items in PIT calculations, several organizations and individuals have also proposed increasing the deduction limit for retirement insurance contributions.

Bank transfers required for some gold transactions; student expulsion eliminated

Several new regulations take effect in October, including a policy requiring gold transactions valued at VND20 million or more per day for a single customer to be conducted through a payment account.

Minister warns: No delay in electricity pricing reform

New electricity pricing reforms aim to attract investment and ensure energy security in Vietnam’s power sector.

Plan aims to facilitate Vietnam-Cambodia trade

Deputy Prime Minister Bui Thanh Son has signed Decision No. 2164/QD-TTg, approving the implementation plan for the bilateral trade promotion agreement between the governments of Vietnam Cambodia for the 2025 - 2026 period.

Vietnamese businesses advised to master AI technology

If Vietnamese businesses can master AI technology and independently research and develop “Made in Vietnam” products and solutions, they will not only compete on an equal footing but also have the potential to lead in certain fields.

Why Vietnam requires rooftop solar systems to be registered

Officials explain the benefits and safety reasons behind the registration requirement for rooftop solar panels.

Vietnam’s e-commerce forecast to hit USD 28 billion in 2025

Vietnam’s B2C e-commerce is expected to grow 25.5% in 2025, driven by video shopping and AI tech.

Global asset management funds back Vietnam’s stock market upgrade

Vietnam could see 5-7 billion USD in passive inflows if its stock market status is upgraded from frontier to secondary emerging.

Tay Ninh, Mekong Delta emerging as Vietnam’s strategic Halal hub

Standardising products and services to Halal requirements, leveraging local advantages, and strengthening ties with key markets are critical to unlocking Vietnam’s opportunities in the Muslim world, an expert has said.

Vietnam’s wood sector navigates tariff pressures with market diversification

The US’s decision to impose high tariffs on a range of Vietnamese exports, including wood products and furniture, is pushing the country’s timber industry to swiftly recalibrate its strategies to sustain growth.

New laws on innovation, corporate income tax enacted from October 1

The Law on Science, Technology and Innovation, and the Law on Corporate Income Tax will take into effect on October 1.