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Vietnam’s aggressive credit expansion is clashing with slow public spending and poses systemic risks without policy alignment.
Alongside 35 domestic commercial banks, Vietnam hosts nine wholly foreign-owned banks and two joint venture banks.
36 officials and 2 ‘patients’ indicted in scandal involving bribes, false evaluations, and cover-ups.
National Assembly deputies have proposed reviewing personal income tax (PIT), suggesting an increase in the family deduction threshold. However, no significant reforms have been initiated by the authorities so far.
Deputy Prime Minister Nguyen Hoa Binh has urged the continued fight against smuggling, trade fraud, and counterfeit goods, emphasizing a resolute approach to curb crime with a "no leniency" stance.
The Vietnam Gold Business Association, which has been lobbying for enterprises’ right to import gold, says there is no need to worry that gold imports will lead to ‘foreign currency bleeding’.
The case has sent shockwaves through the public. Investigations uncovered numerous serious violations
Vietnam is rewriting the playbook on cultural diplomacy, shifting from traditional government-led initiatives to embracing grassroots participation from citizens, businesses, and social media influencers.
Global tensions rise, but gold slips-what's behind the unexpected drop?
High prices and low rental yield push shophouse owners toward long-term strategies.
A high-level network helped serious offenders fake mental illness and avoid prosecution, revealing a major scandal inside Vietnam’s top forensic institution.
A dual approach of cultural recognition and regional development is key to policy success.
Bui Nhat Minh scored top marks at both gifted math schools in Hanoi, impressing teachers and peers alike.
With an impressive academic record, Thanh Tu is one of only four students worldwide securing a rare scholarship to Monash University, one of Australia’s top universities.
As credit dependency reaches 134% of GDP, concerns resurface over policy imbalances and macroeconomic stability.
To compete, enterprises need to pursue technology innovation, but to take the lead, they must invest in R&D, says Minister of Science and Technology Nguyen Manh Hung.
Government unveils ambitious roadmap to ensure seamless, data-driven administration by mid-2025.
Authorities reveal inflated nutrition claims and huge profits in children’s milk fraud.
To reduce criminalization, the number of business conditions must be cut. Removing just one conditional business field can eliminate many restrictive regulations or procedures, experts say.
Following the merger of provinces and cities, for residents who already own a home, the provincial People’s Committee will specify conditions for purchasing social housing based on the distance and travel time from their home to workplace.