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Ministry warns that high taxes on ‘real estate surfers’ is not feasible

The Ministry of Justice (MOJ), when contributing its idea to the draft law on personal income tax (PIT), warned that taxing real estate based on ownership duration is not feasible due to the lack of synchronized tax and land management systems.

Trump’s new tariffs shake markets - Vietnam’s trade at risk?

The US will impose tariffs equivalent to those levied on its goods, with potential consequences for Vietnam and other trading partners.

Vietnam boosts public investment to fuel economic expansion

Deputy Prime Minister Ho Duc Phoc announced a significant increase in public investment for 2025, with nearly 900 trillion VND allocated to infrastructure and development projects.

Vietnam may extend registration fee exemption for EVs by two years

The Ministry of Finance has proposed extending the full exemption of registration fees for battery-electric vehicles by another two years, pushing the deadline to February 28, 2027.

Government tightens scrutiny as foreign-invested firms report growing losses

With the total accumulated losses of foreign-invested enterprises surpassing 908 trillion VND, Vietnamese authorities are ramping up efforts to investigate tax practices and ensure greater financial accountability.

Proposal to tax interest on savings deposits sparks debate

A major city in Vietnam has proposed imposing personal income tax on interest earned from savings deposits. As countries like Thailand, South Korea, and China already tax bank interest, the question arises: Should Vietnam follow suit?

Vietnam Airlines takes off to world’s largest airport in China

With the launch of a new route from Ho Chi Minh City to Beijing Daxing International Airport, the total number of weekly flights between Vietnam and China will reach 40, catering to the growing travel demand.

Fiscal, monetary policies support demand stimulation, price stabilisation

The financial and monetary policies in recent times have been adjusted flexibly to support and stimulate consumption, and stabilise prices.

Vietnamese chemical pharmaceutical industry eyes yearly growth of 8-11% by 2045

By 2045, Vietnam's chemical-pharmaceutical industry is expected to become a high-tech, modern industry with competitiveness and to participate in the global value chain.

Vietnam's seaports need investment to enhance competitiveness

The Vietnam Maritime Administration reported a strong performance in the country's maritime sector for 2024, with a 14% increase in cargo volume passing through ports, totaling 864.4 million tonnes.

Vietnam’s agricultural exports face stricter requirements

The European Union (EU) is currently implementing stricter regulations regarding food safety and sustainability for fresh agricultural products, forcing Vietnamese exporters to take measures to adapt.

Insiders sketch out two scenarios for Vietnam’s real estate market in 2025

In the optimistic scenario, the apparatus streamlining efforts will reduce administrative time and costs, and legal policies will be eased, providing vital support for the real estate market.

Agritechnica Asia Vietnam 2025 draws 200 companies from 30 countries

Agritechnica Asia Vietnam 2025 will play a pivotal role in accelerating agricultural mechanisation and innovation across Vietnam and the broader Southeast Asia.

Phu Quy gold company chairman accused of tax evasion

Le Xuan Tung, Chairman and CEO of Phu Quy Gold Investment JSC, allegedly instructed accountant Le Thuy Quynh to avoid recording and properly accounting for income in the company’s MISA accounting software.

Bond victims from nation’s worst fraud set to receive repayment

HCM City authorities have announced a compensation plan for tens of thousands of bondholders who were misled into purchasing bonds through a private lender in a case considered Vietnam’s worst financial fraud.

VEC burdened with nearly $1.5 billion in debt

Financial expenses surged 67.7 per cent to nearly VNĐ2 trillion, while financial income dropped 61 per cent to VNĐ288 billion, causing after-tax profit to plummet from VNĐ641.2 billion to VNĐ8.9 billion, reflecting growing financial strain.

Nghe An aims to attract nearly $1 billion to Southeast Economic Zone

The Southeast Economic Zone in Nghe An Province is expected to generate 40,000 new jobs and contribute at least VNĐ3 trillion to the State budget.

DongA Bank renamed as Vikki Digital Bank

DongA Commercial Joint Stock Bank (DongA Bank) has changed its name to Vikki Digital Bank Limited (Vikki Bank) following Decision No. 42/QĐ-TTGSNH2 issued by the State Bank of Vietnam (SBV) on February 14, 2025.

Binh Duong plans to build eco-industrial park

Binh Duong Provincial People’s Committee, Becamex IDC Corporation, the World Bank (WB) and relevant units held a workshop to kick off a feasibility study of the Eco-Industrial Park on February 14 in the province.

Petrolimex plans to fully divest its capital in Petrolimex Laos

The auction is expected to take place in the first quarter of 2025, with an initial price of over VNĐ68.1 billion and a 10 per cent deposit required for participation.