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Private alliance proposes $100B for Vietnam high-speed rail with free rides

A Vietnam-US investment group has offered to fund a $100 billion railway without state aid, including six months of free rides.

Vietnam ships first batch of African swine fever vaccine to Indonesia

The vaccine received official approval for use from Indonesia’s Ministry of Agriculture on April 23, following nearly three years of assessment. Indonesian company PT Biotis Prima Agrisindo, will act as the importer and distributor.

Businesses adopts ESG as part of long-term strategy

As global markets demand greater sustainability, companies are facing pressure and opportunity to integrate environmental, social and governance (ESG) standards into long-term strategies, with stronger regulatory backing and sector-wide support.

Vietnam’s small traders seek delay in e-invoice mandate

Vietnam’s shift to e-invoices from cash registers faces implementation hurdles, especially in informal markets.

US issues preliminary decision on anti-dumping tariffs for Vietnamese shrimp

The US Department of Commerce (DOC) in the early morning of June 7 released preliminary results of its 19th administrative review (POR19) on anti-dumping duties for frozen warmwater shrimp imported from Vietnam.

Private firm proposes investment in HCM City's 47-km metro line

Sovico Group, a founding shareholder of budget airline Vietjet Air, has put forward a proposal to invest in Ho Chi Minh City’s metro line No 4, a 47km route linking Hoc Mon district to Nha Be district.

Binh Dinh grants investment licence to SYRE's $1bil polyester recycling project

The project will be located in Nhon Hoi Industrial Park (Zone A), spanning nearly 29 hectares. Once operational by 2029, the complex is expected to produce between 100,000 and 250,000 tonnes of PET pellets a year.

Banks leverage national data integration to reach customers

Access to this massive amount of data allows banks to expand their digital offerings, particularly online lending.

British giant pours billions into Vietnam’s top firms: Thaco, REE, Vinamilk

Thaco, REE, and Vinamilk now count Jardine Matheson as a major shareholder.

Shadow world of car insurance fraud unveiled

Despite exposure of numerous cases, insurance fraud continues in both the life and non-life insurance sectors, with car property insurance fraud being particularly noteworthy.

Exit ban on tax debtors criticized, time for better solutions

Tax authorities have issued 61,492 exit ban notices for a total tax debt of VND83,028 billion, yet only VND4,955 billion, or roughly 1/17th of the debt, has been recovered.

Mekong Delta man earns billions with novel dish from familiar fruit

Ngo Tuan Thanh, 36, from Soc Trang, has earned over VND1 billion annually by creating a novel dish from ca na, a fruit tied to childhood memories of many in the Mekong Delta.

New real-estate hotspots emerge after city/province mergers

The Hanoi capital city region is witnessing a strong wave of real estate investment, particularly in satellite urban areas. The merging of provinces and cities is expected to create a breakthrough in market development.

Private economy: from removing barriers to unleashing potential

Economists all agree that there are no reliable statistics about the size of the private economic sector and call this a ‘gray area’ in statistical work that needs to be clarified.

Vietnam accompanies supporting industries in digital transformation

"Made in Vietnam" supporting industry products have gained trust from major global corporations like Samsung, LG, Honda, and Toyota. Many domestic firms have become suppliers of key parts in global product chains.

Vietnam posts 4.67 billion USD in five-month trade surplus

The country's export earnings grew by 14% while its imports rose by 17.5%, resulting in a trade surplus of 4.67 billion USD during the five-month period.

Vietnam promotes circular economy transition in textile sector

Vietnam's textile and footwear sector targets annual export growth of 7.5–8% from 2021 to 2025, with turnover expected to reach 50–52 billion USD by 2025 and 68–70 billion USD by 2030.

Vietnam-China railway service heralds new chapter in bilateral relations

China’s state-run website china.com.cn has recently published an article on the Vietnam – China international train’s resumption after five years, calling it a golden bridge of friendship and development.

Private firms urged to fast-track documents for North-South railway construction

In their proposals, VinSpeed plans to implement the North-South high-speed railway project in five years while Thaco, seven years.

Vietnam’s overseas investment increases by 2.3 times in first five months

Vietnamese investors have primarily focused on the production and distribution of electricity, gas, hot water, steam, and air conditioning, which accounted for 35% of total outbound investment.