business news

Update news business news

Reflections from a businessman's prosecution

Recently, a company director in Ha Tinh was prosecuted for tax evasion involving VND170 million. The director had used a personal bank account to receive customer payments but had not issued invoices or declared revenue.

Vietnam earns $188mil. from cinnamon exports in 7 months

A type of dried tree bark from Vietnam, sought after by many countries for use as a spice and medicinal ingredient, has brought in nearly 4.8 trillion VND (about 187.5 million USD) for Vietnamese businesses in the first seven months of 2025.

Vietnam to mandate English disclosures for all listed firms by 2026

English disclosure mandate for Vietnam’s 2,000 listed firms aims to boost foreign inflows.

Hydropower outage delays threaten 500kV Lao Cai–Vinh Yen project

Prime Minister orders 500kV Lao Cai–Vinh Yen line completion by August 19 despite delays.

Vietnam’s stock market leads global gains as gold retreats

Global gold prices fall sharply, but SJC gold holds near record highs as Vietnam’s VN-Index hits a new peak.

Nationwide banking data "cleanup" boosts digital payment security

Vietnam’s banking sector has completed a comprehensive review and verification of all customer records, both individual and corporate, linked to payment accounts using digital channels.

Mega Us Expo 2025 promotes Vietnam-RoK trade, innovation cooperation

The Multi-Trend Expo & Global Business People’s HUB (Mega Us Expo) 2025 opened in Ho Chi Minh City on August 14, featuring over 200 participants from 15 key RoK industrial cities and Vietnamese startups.

Ample room for Vietnamese furniture, handicraft exports to EU

Vietnamese products, particularly home and outdoor décor, handicrafts, fashion, gifts, and lifestyle goods enjoy ample growth potential in the EU market thanks to its strong purchasing power, diverse demand, and high market openness.

Banking stocks surge, driving VN Index to record highs

Bank shares have seen prices soar recently, helping to push the VN-Index to historic peaks. Banks with strong business performance are benefiting from favorable policies.

Amending the Land Law: the state should be the ‘referee’

"If land is considered an economic resource of the state, and the state is a player in the real estate market, land prices will only rise, and the economy cannot develop."

Three international exhibitions simultaneously open in HCM City

The Vietnam Sport Show 2025, the Vietnam Cycle Expo 2025, and the 13th Zhejiang Export Fair simultaneously opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on August 14.

Vietnam to pilot digital assets at new financial hubs in HCM City and Da Nang

Draft decree outlines fintech sandbox, green finance, and offshore services in two IFCs.

Vietnam remains ideal investment destination: Analysts

Despite being affected by the US’s tariff policy, Vietnam continues to stand out as an attractive destination for foreign direct investment (FDI), particularly over the medium and long term, analysts held.

From tariff pressures to expanded export opportunities

While the US's new tariff policies have placed certain Vietnamese exports under pressure, the changes are also prompting companies to rethink strategies, diversify markets, and break free from over-reliance on any single destination.

Vietnam’s textile sector braces for 20% US tariff

Vietnam’s garment industry faces U.S. tariff hike, turning challenges into opportunities.

Vietnam’s FDI flows shift toward high-value industries and smart factories

Vietnam's foreign investment reached $21.5B in H1 2025, with a surge in high-tech sectors and ready-built factory rentals.

Gia Lai province greenlights 228-million-USD sea port

Gia Lai on August 13 approved the investment policy for the first phase of Phu My port project, worth over 6 trillion VND (228 million USD), aiming at shaping up an industrial – sea port hub in the coming time.

New central bank rules pump billions into Vietnam's stock market

New SBV policies cut reserve rates for key banks, releasing billions for lending and boosting stock performance.

Four delivery giants fined for unfair competition in Vietnam

Four leading postal service firms in Vietnam have been fined for unfair competition, with penalties totaling nearly USD 31,400.

Bamboo Airways appoints new chairman and CEO after leadership changes

Pham Ngoc Vinh, chairman of the Board of Directors of Bamboo Airways (Tre Viet Aviation Joint Stock Company), and CEO Luong Hoai Nam have both stepped down from their positions citing personal reasons.