Việt Nam News

Experts have proposed the Government issue a separate law for the consumer finance lending, entitled the Financial Consumer Protection Law, to help the sector develop healthily and sustainably.

The adoption of AI applications, especially generative AI, is important for improving Việt Nam’s competitiveness in the global playing field

The newly-released Government's Decree 80/2024/NĐ-CP regulates the DPPA mechanism with two options being through a private power line and the national grid via EVN

The domestic steel industry is seeing a positive growth trend, projected to increase by up to 8 per cent this year, however it is coming under pressure due to a surge in imported steel.

In the first half of this year, Việt Nam exported about US$55 billion worth of goods to the US, up 26 per cent year-on-year, ranking first in terms of turnover growth, far surpassing other markets such as the EU, ASEAN and South Korea.

The market received a boost from positive socio-economic data, including a GDP growth rate of 6.93 per cent in the second quarter of 2024. This backdrop has supported market sentiment and contributed to the week's gains.

Amway Vietnam has recently introduced its new G&H Body Care product line in HCM City.

The Trade and Industry Promotion Centre of Bình Định Province is investing VNĐ3 billion in a project to promote sustainable development within the local wood processing industry.

ASEAN-China have been each other's largest trading partners, with trade reaching an impressive US$911.7 billion in 2023, making ASEAN and China become the largest trading partners over past decades.

The Government leader said that socio-economic activities recovered more positively during the first half of 2024.

Telecommunication service providers are being urged to support subscribers to switch to mobile phones with higher technology before the abolishment of 2G technology on land from September 16.

In 2024, total tax deferrals and land rent deferrals, including VAT, corporate income tax, personal income tax, and special consumption tax on domestically produced or assembled cars, are projected to reach approximately VNĐ92.5 trillion.

Cà Mau Airport, an airport in the southernmost province of Việt Nam will become five times as big by 2030, according to the airport’s plan approved by the Ministry of Transport.

Construction started on the Quảng Trị airport project, which has an initial outlay of VNĐ5.8 trillion (US$227 million), in Gio Linh district on July 6.

The central city has been calling up potential investors, hopefully Japanese, to develop eight berths and series of infrastructure projects at the key Liên Chiểu Port by the end of this year.

Since 2022, 80 per cent of companies surveyed has planned to implement ESG in the next two to four years.

The amendments and supplements to the 2024 Law on Land, the 2023 Law on Housing, and the 2023 Law on Real Estate Business will come into effect on August 1 as proposed by the Government, five months earlier than planned. It demonstrates a significant effort by the Government and the NA, aiming to bring beneficial laws into effect early to promote socio-economic development.

If there are no major fluctuations, the General Statistics Office (GSO) predicts that Việt Nam is likely to reach its 2024 annual growth target, estimated between 6 and 6.5 per cent.