Việt Nam cuts retail fuel prices on August 6

The Ministry of Industry and Trade, and the Ministry of Finance set aside VNĐ200 per litre for biofuel into the Petroleum Price Stabilisation Fund, financed through a temporary advance from the state budget. No disbursement was made from the fund.

Growth race begins turning provinces into new economic engines

As Việt Nam assigns clearer growth responsibilities to localities, the latest GRDP results show that the next stage of provincial competition will depend not only on targets, but also on the ability to build stronger industries, attract investment and improve governance.

Swimmers end beach games with silver

Vietnamese swimmers finished their sixth Asian Beach Games with a silver medal in the mixed relay 4x1,500m Open Water Swimming event in Sanya, China on April 27.

Decree moves to restore order to gold market

As gold prices soared then plunged, many retail buyers shifted interest to silver, seen as a more accessible store of value amid tightening gold supplies and elevated prices.

Policy gaps stall Việt Nam’s push for battery storage

BESS is no longer viewed as auxiliary equipment but as a core component of the clean-energy ecosystem. The technology enables the storage of renewable electricity, stabilises grid frequency, eases transmission congestion and smooths peak and off-peak loads. 

Bankruptcy Law aims for modern economic pragmatism

A large wave of closures is prompting renewed scrutiny of Việt Nam’s bankruptcy law, as many argue that the current framework neither reflects market realities nor provides an effective safety net for struggling firms.

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