business news

Update news business news

Vietnam – A magnet for German investment

A report by the German Chamber of Commerce and Industry in Vietnam, released in September 2025, noted that German capital began to flow into Vietnam in the early 1990s, shortly after the country began its economic reforms.

Vietnam’s manufacturing sees further strengthening in September

Vietnam’s manufacturing sector held steady in September with the Purchasing Managers' Index (PMI) unchanged at 50.4, signalling a further slight strengthening in the health of the industry, according to the latest survey by S&P Global.

HCM City growth tops 7% in nine months, defies forecasts

Ho Chi Minh City, Vietnam’s main growth engine, has set an 8.5% expansion target for 2025. To reach that goal, it would need to post quarterly growth of at least 12% in the final three months.

PM orders sweeping cuts to business conditions

Under prior government resolutions, the PM approved a reform blueprint spanning 14 ministries and ministerial-level agencies.

Blockchain seen as key to enhancing origin traceability

Blockchain is no longer simply a buzzword. Its recognition as strategic infrastructure underscores its growing role in ensuring data integrity, transparency, and trust across production, distribution, and consumption chains.

Vietnam promotes Halal product exports to Türkiye

Türkiye is both a major consumer market and a regional Halal processing hub, while Vietnam is emerging as a reliable supplier of Halal-certified goods, particularly in processed food, agriculture, beverages, tourism and logistics.

Vietnam’s golden population faces productivity paradox

Despite a young, eager workforce, Vietnam’s labor productivity ranks lowest in Southeast Asia.

Authorities crack down on Vietnam’s largest corporate tax fraud cases

Several major business figures and corporations in Vietnam have recently been prosecuted and investigated for tax evasion, false declarations, and concealing revenues worth thousands of billions of dong (hundreds of millions of USD).

No firms propose to join crypto asset market yet: Official

Deputy Minister Nguyen Duc Chi said that following the issuance of Resolution No. 05/2025/NQ-CP on piloting a crypto asset market in Vietnam, the ministry has been urgently preparing for implementation.

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.