M&A market waiting for big deals

In the first seven months of 2024, foreign investment channeled into new and existing projects increased sharply compared to the same period last year, by 35.6 per cent to US$10.8 billion and 19.4 per cent to nearly $5 billion, respectively.

​​​​​​​Real estate inventories remain high: MoC

More than 17,100 apartments and land plots of real estate projects across the country remain on the market in the second quarter of this year, with land plots and houses doubling that of apartments, the Ministry of Construction (MoC) reported on Wednesday.

More charging stations needed for EVs

The electric vehicle (EV) market in Việt Nam is experiencing rapid growth and it’s poised to become a leader in Southeast Asia, according to industry insiders.

VCCI says petrol should be excluded from special consumption tax

The Vietnam Chamber of Commerce and Industry (VCCI) proposed that the Ministry of Finance, the drafting agency of the draft Law on Special Consumption Tax, should consider removing petrol from the list of products with a special consumption tax imposed on them.

Banks race to issue bonds to raise capital

Many banks have issued large amounts of bonds to raise thousands of billions of Vietnamese đồng, pushing interest rates to around 8 per cent per year, much higher than that of normal savings.

Petrol prices inch up on Thursday

The Ministries of Industry and Trade and of Finance have decided to increase the retail prices of petrol products, effective from 3pm on August 15.

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