business news

Update news business news

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.

Global network for Vietnamese language teaching established in Japan

The network aims to create a common platform for teachers, students, their parents, and those interested in Vietnamese language education worldwide.

Vietnam Private Economic Landscape model expected to foster national development

The ViPEL model brings together Vietnam’s largest and most representative private enterprises. Its objective is to harness the collective power of the private sector to make it the key driving force of the national economy.

Quang Ninh advances plan to develop Mong Cai smart border gate

The Mong Cai International Border Gate is already equipped with modern systems, including automated goods control, barcode and QR code scanners, facial recognition cameras, and automatic vehicle monitoring.

Domestic demand - mainstay of Vietnam's economic growth: ADB

Vietnam's economy remains resilient to increasing uncertainties and high US tariffs thanks to solid domestic demand, the Asian Development Bank (ADB) said in its September Asian Development Outlook (ADO).

Vietnam becomes Marvell's third-largest R&D centre globally

US-based Marvell Technology Inc. on September 30 officially inaugurated three new offices in Vietnam, making the country the group’s third-largest research and development (R&D) hub worldwide, with more than 500 engineers.

Bac Ninh overtakes HCM City to become nation’s FDI champion

As of the end of August, Bac Ninh lured 4.68 billion USD in FDI, as compared to nearly 4.4 billion USD injected to the southern economic hub, which also leverages the FDI magnets of Binh Duong and Ba Ria – Vung Tau.

EU, Vietnam to set up joint task force to remove trade barriers

Vietnam and the European Union (EU) have agreed to establish a special task force to address barriers and foster more balanced and effective trade.

Korean companies eye fruit juice, biofuel plants in Can Tho

Two major enterprises from the Republic of Korea (RoK) are planning to survey and invest in two large-scale projects in the Mekong Delta city of Can Tho.

HCM City attracts 4.4 billion USD into industrial parks in nine months

Total registered investment, including new and adjusted capital across the three areas of HCM City, Binh Duong and Ba Ria–Vung Tau (former administrative units), reached 4.4 billion USD.