Việt Nam News

The SBV said that a large number of legally opened accounts have remained inactive for years, while others have been created using outdated or falsified documents or have been exploited by criminals for fraud, money laundering and other illicit transactions.

The proposal comes as many of Việt Nam's largest oil fields, including Bạch Hổ, Rồng and Đại Hùng, have been producing for decades and are experiencing natural output declines.

Hòa Lạc's competitive advantage should not rely solely on land availability or infrastructure, but on its ability to create a sustainable environment for research, innovation and technology development.

Việt Nam needs a broader set of performance indicators that would go beyond profit and State budget contributions to include innovation capacity, digital transformation, labour productivity and environmental, social and governance standards.

Becoming a strong maritime nation will require Việt Nam to move beyond exploiting marine resources to creating greater value through innovation, sustainability and globally competitive enterprises.

The figure surpassed Vingroup's first-half revenue of VNĐ222.5 trillion and remained well ahead of other major listed enterprises, including PV Oil, Vinhomes, Hoa Phat Group, PetroVietnam Refining and Petrochemical (BSR), Mobile World Investment Corporation, PV GAS, Vietnam Airlines and Masan Group.

The company said the second quarter is traditionally the low season for the confectionery industry.

The changes are expected to reduce compliance costs by about VNĐ175 billion (US$6.7 million) annually and save around 7,500 hours of administrative processing each year, according to the draft law.

Despite the monthly decline, CPI was still up 3.08 per cent from December 2025 and 4.45 per cent from July last year.

Updates from the National Statistics Office under the Ministry of Finance on August 3 showed that the country recorded more than 125,900 firms registered from January to July, up 16.9 per cent year-on-year, with total registered capital reaching over VNĐ1.5 quadrillion (US$58 billion), up 63.6 per cent.

In the first seven months of 2026, the country's total exports of agro-forestry-aquatic products reached nearly US$42.8 billion, up 7.5 per cent from the same period last year.

Foreign investors provided an additional boost to sentiment, returning as net buyers of more than VNĐ1 trillion on HoSE after recent bouts of selling.

The central bank's net withdrawal of funds in previous weeks, along with the overnight interbank rate falling below 1 per cent per year, reflects the abundant short-term capital in the banking system.

Outer-ring urban areas are reshaping the residential property market in HCM City thanks to large-scale developments and ongoing urban expansion, experts said.

Overall, strong first-half performance has prompted several international institutions, including Standard Chartered, UOB and DBS, to raise their growth forecasts for Việt Nam. Standard Chartered projects GDP growth of 9.5 per cent in 2026 and 11 per cent in 2027.

As the export landscape has changed, businesses can no longer operate according to a fixed plan. Preparing for multiple scenarios is no longer an option, but a condition for retaining orders and market share.

The landmark trade pact has driven rapid growth in bilateral trade over the past six years while laying the groundwork for deeper investment and economic integration.

Attention is now shifting to the first trading week of August, when a series of domestic and international events could influence market sentiment.