For the first time, Vietnam’s banking system is preparing to see a group of lenders surpass VND100 trillion (US$3.9 billion) in charter capital.

As the government pushes for growth, the debate over pre-check versus post-check becomes central to unlocking private sector potential.

Vietnam is moving to pilot a “one-person business” model under its newly issued National Strategy on Innovative Startups, in a bid to accelerate growth, fuel innovation and strengthen national competitiveness.

Here is the second part of the interview between VietNamNet and Secretary General of the Vietnam Timber and Forest Products Association (Vifores) Ngo Sy Hoai.

Vietnam's banking sector is stepping up digital transformation, expanding cashless payments, strengthening system security, and promoting inclusive digital financial services to better serve people and businesses.

Resolution No. 68-NQ/TW on private sector development is expected to be implemented in a more consistent and effective manner, particularly at local level, so that businesses can feel sustainable improvements in the investment climate.

The Hanoi – Quang Ninh high-speed railway, valued at $5.6 billion, broke ground on April 12, sending a clear signal - the 2026–2030 term is opening with large-scale construction sites to realize the goal of double-digit growth.

Vietnam’s railway sector is advancing digital transformation and adopting cleaner energy to reduce greenhouse gas emissions, improve efficiency, and regain competitiveness in the transport market.

To achieve breakthrough growth and rise as an economic power, Vietnam needs strong private conglomerates and new business support policies, economist Dr Tran Dinh Thien said.

The Ministry of Industry and Trade (MoIT) has issued a plan to organise the Vietnam International Sourcing 2026 (VIS 2026), a major trade promotion programme aimed at strengthening Vietnam’s role in global supply chains.

Manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular, according to the latest S&P Global’s survey.

VASEP issued recommendations after the USTR placed Vietnam on its top IP watch list.

While many family businesses in Vietnam are still struggling with succession planning, the banking sector appears to be one step ahead.

Fuel reserves must include both crude oil and refined products such as gasoline, diesel, jet fuel, and LPG to ensure immediate supply to the market. Data-driven management can help optimize storage.

Prudential Vietnam must pay more than VND135 billion, approximately US$5.1 million, in additional corporate income tax to the state budget due to tax violations in previous years.

Behind the preliminary ruling of nearly 200 percent duties imposed by the US on Vietnamese plywood lies a test of competitiveness, resilience, and the strategic capacity of Vietnam’s wood industry in an increasingly harsh global “rules of the game”.

A sharp decline in gold prices has left many investors who bought at the peak price facing losses of tens of millions of dong in a short time. The question now is whether to cut losses or continue holding.

An official from the Asian Development Bank (ADB) has expressed confidence in Vietnam’s medium-term economic outlook, describing the country as one of Southeast Asia’s most resilient economies despite mounting global uncertainties.

Prime Minister Le Minh Hung has issued Decision No. 21/2026/QD-TTg promulgating the list of strategic technologies and strategic technology products, set to take effect from July 1, 2026.

While many Asian markets rushed to accumulate gold, demand in Vietnam fell to the lowest level in the region. High prices and limited supply pushed investors toward gold rings instead of bullion bars.