Việt Nam News

Việt Nam is accelerating efforts to expand cashless payments, with the Government targeting transaction values equivalent to 30 times GDP by 2030 as part of its broader digital finance strategy.

Việt Nam’s industrial production maintained strong momentum in the first five months of 2026, with the Index of Industrial Production (IIP) rising by 9.1 per cent year-on-year.

Việt Nam targets that by 2030, 95 per cent of people aged 15 and above will have bank transaction accounts, while the value of cashless payments will reach 30 times GDP.

In the first five months of 2026, Việt Nam’s total outbound investment, including newly registered and adjusted capital, amounted to US$794.6 million, 2.5 times higher than the figure recorded a year earlier.

The ABTC is a travel document issued to eligible businesspersons, enabling visa-free entry into participating APEC member economies. The card is available in both physical and electronic formats, which carry equal legal validity.

Beyond logistics, rising platform-related expenses are also placing growing pressure on online merchants.

The Ministry of Finance has proposed a risk-based taxpayer classification system while reaffirming requirements for banks to share account information with tax authorities to strengthen compliance, transparency and tax administration.

Việt Nam is seeking an overhaul of its legal framework for marine resource management in a bid to unlock new growth opportunities in the blue economy while ensuring sustainable use of marine ecosystems.

No longer the exclusive domain of foreign funds, the M&A market has seen the rise of Vietnamese businesses with deals aimed at expanding the value chain, enhancing competitiveness and restructuring businesses, rather than simply buying and selling assets.

The effort took a major step forward on June 2 when the municipal People's Council approved four resolutions designed to address longstanding regulatory, financial and infrastructure bottlenecks that have constrained the city's innovation ecosystem and limited the commercial application of scientific research.

Banks have faced a tighter and more volatile operating environment, as elevated interest rates - driven by system-wide liquidity constraints and external pressures - weaken asset quality and profitability.

Experts expect the VN-Index could retest the 1,760-point level before returning to a more positive trajectory.

The project, which officially launched in May 2026, marks a significant milestone in strengthening Amway’s global nutrition manufacturing, research and quality assurance capabilities.

Crypto assets and the tokenisation of real-world assets are gradually becoming a key component of the digital economy, according to the State Securities Commission of Vietnam (SSC).

Việt Nam - Canada economic ties are growing at a healthy clip, with two-way trade nearing US$8.6 billion last year and maintaining strong momentum since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect.

The Green Consumption Campaign 2026 was launched by Sài Gòn Giải Phóng Newspaper and Saigon Co.op in HCM City on June 6, aiming to connect businesses, retailers, and consumers to promote sustainable consumption, expand market opportunities for green products, and accelerate Việt Nam's transition to a greener economy.

A significant gap remains between technologies available in the market and their practical application in production and business activities.

Việt Nam’s Southeastern region, with its prime location, modern infrastructure, skilled talents, and investor-friendly climate, has long been a top spot for foreign direct investment (FDI). However, it’s still falling short in attracting the new-generation wave of FDI, highlighting the need for bold, game-changing solutions.