Gasoline and air conditioners are both considered essential goods and, therefore, must not be subject to luxury tax.

Conflicting reactions have emerged regarding the new regulation prohibiting the use of apartments without mixed-use designation for short-term tourism rentals in HCM City as investors in individual units anticipate possible decline in profit.

The State Bank of Vietnam (SBV) will always ensures liquidity for commercial banks, so there is no need for the banks to compete on deposit interest rates, SBV Deputy Governor Dao Minh Tu has said.

Vietnam will become the CPF’s biggest growth driver for years to come, and the listing there will provide new financial resources and also build its recognition in Vietnam.

The long-awaited KYC deadline for Pi Network miners has left many users with zero Pi after failing verification. Even verified users are not in the clear, as they await further approval before being able to sell their assets.

The cooperation between Vietnam and Singapore in develop green-digital economy is a successful model, according to Asian media outlets.

Vietnamese and US businesses on March 13 signed various economic and trade cooperation agreements as part of Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyen Hong Dien’s working trip to the American country.

Food imported to Malaysia must be produced in facilities that follow food safety assurance programmes recognised by the Malaysian Ministry of Health.

PVEP aims to deepen ties with its partners to speed up new contract packages and tap new wells in the second phase, targeting higher output.

As Vietnam aims for 8% GDP growth in 2025 and double-digit expansion in the coming years, experts stress that institutional reform is crucial to sustaining long-term economic progress.

Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, calls for US recognition of Vietnam’s market economy status while reaffirming a commitment to balanced trade relations.

Vietnam’s bad debt crisis may see relief as the government moves to codify Resolution 42 into law, granting banks greater authority in seizing and selling collateral. The new legal framework could unlock billions in liquidity for the banking sector.

Vietnam’s Ministry of Industry and Trade (MOIT) has issued Circular 18, eliminating outdated fuel regulations, including state-controlled price regulation mechanisms. New reporting rules for fuel storage businesses aim to enhance market transparency.

At 3:00 PM on March 14, Pi Network miners must complete KYC verification or risk losing all mined Pi. Users are uncertain about the fate of their bonus Pi, while market prices remain stable.

Vietnam is on track for a transportation shift, with car sales projected to overtake motorbikes after 2035. The World Bank expects the market to grow to 54 million cars by 2050, fueled by rising incomes and EV adoption.

Solar power in agriculture should be studied as one of the most promising approaches to generating clean energy in VN, said economists and business insiders.

The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.

Authorities are also looking to strengthen Vietnam’s competitiveness in the global tourism market by streamlining entry procedures, offering preferential policies, enhancing travel experiences and improving air connectivity.

The agreements affirmed the carrier’s pioneering role in the innovation and digital transformation process while providing a solid foundation for building large-scale aircraft repair hangars with cutting-edge technology at Long Thanh airport.

Vietnam’s private sector contributes over 50% of GDP, yet legal barriers hinder expansion. Experts urge reforms to unlock business potential.