The HCM City Tax Department said that in the first six months of the year, the department refunded nearly VNĐ4.7 trillion (US$203 million) of value-added tax (VAT) to businesses in the area.

The pressure of maturing bonds is still weighing heavily on real estate businesses in the HCM City, forcing these businesses to find solutions to restructure debt.

The city is still a prime location for business in Việt Nam, has the highest number of businesses in the country and is the biggest contributor to the country’s GDP, but its growth rate is slowing, as is the competitiveness of its enterprises since 2010.

The ASEAN+3 Macroeconomic Research Office (AMRO) revised Việt Nam’s economic growth forecast upward to 6.3 per cent for 2024 in its latest update released on Tuesday.

More than VNĐ1 quadrillion (US$40.9 billion) was collected for the State budget in the first half of 2024, equivalent to 61 per cent of this year’s target and up 17.7 per cent from a year earlier, reported the Ministry of Finance (MoF).

Riverfront Financial Centre, the epitome of modern office buildings in Saigon, has officially opened its doors. With its prime location and iconic design the centre aims to become the hub for prestigious domestic and international financial institutions.

Interested investors, both Vietnamese and foreigners, may register to purchase Agribank bonds from July 11 to August 14 at its headquarters or all transaction offices nationwide.

Việt Nam expects a strong investment wave from South Korea amounting to tens of billions of dollars soon, according to the Foreign Investment Agency.

As of June 30, public investment disbursement only reached 29.39 per cent, lower than the same period last year. 

Selecting an experienced and reputable service provider is key to the success of any communication campaign. Việt Nam News, as the country's premier English-language daily and exclusive partner of Media OutReach Newswire, stands out for its reliability and industry expertise.

In the first five months of 2024, the contribution of Việt Nam's electronic businesses to export turnover reached 31.61 per cent, equivalent to US$49 billion.

The Asian Infrastructure Investment Bank (AIIB) will continue supporting Việt Nam in implementing green infrastructure projects towards the core goals of sustainability, innovation and connectivity.

Hà Nam Province's authority and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) on July 15 signed an MoU on establishing a strategic cooperation framework on smart urban area and hi-tech zone projects in the northern province.

Taxing gold purchases so that people 'love' gold less needs to be thought out, not just imposed arbitrarily, to avoid a tax on tax, say experts

The Ministry of Finance (MoF)’s experts have stressed the need to remove obstacles in mechanisms and policies to promote the equitisation and divestment of state capital in enterprises.

A ban on commercial banks selling investment-linked insurance products has been lifted.

The Vietnamese fertiliser market is fragmented, with many small producers, but that is changing

Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.

The period of cheap money in Việt Nam is coming to end as deposit interest rates are increasing, say finance experts

The Government has extended the Mobile Money service pilot implementation period following early signs of success.